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Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]
, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]
[…]The post A Bleak Forecast For 2024 & Beyond: Politics (Security), Economics & Military appeared first on Colombo Telegraph.
India’s domestic and foreign situation has changed tremendously compared to four years ago and it has achieved outstanding results in economic development and social governance, said an article published in China’s state-run Global Times. The article authored by Zhang Jiadong, director of the Center for South Asian Studies at Fudan University, said India has made […]
[…]The post Israel Versus Palestinians: Thank God For South Africa’s Boldness appeared first on Colombo Telegraph.
[…]The post Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties Abound appeared first on Colombo Telegraph.
Monday 25th December, 2023 Christmas has dawned with the message of peace, love and hope while the world is embroiled in multiple crises which have not spared even the birthplace of Jesus Christ. Bethlehem, under the shadow of war, is devoid of customary Christmas celebrations this year, according to media reports. Nothing will however diminish […]
[…]The post No Christmas In Bethlehem, Vatican Breakthrough & Himalayan Declaration appeared first on Colombo Telegraph.
[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
[…]The post Don’t Disregard The Less Privileged appeared first on Colombo Telegraph.
By Uditha Devapriya On Tuesday, December 12, the UN General Assembly passed a resolution demanding a humanitarian ceasefire in Gaza. The United States was one of 10 countries to oppose, the others including Guatemala, Nauru, and Paraguay, and of course Israel. New Zealand, Canada, and Australia were among the 153 countries to vote in favour, […]
[…]The post Water Wars – In Relentless Pursuit Of Blue Gold appeared first on Colombo Telegraph.
You know it’s a crisis when Germany’s Green vice chancellor cancels attending a climate summit. Robert Habeck, who’s also economy minister, was supposed to be at the COP28 summit this week in Dubai. Instead, he is in Berlin, wrangling with coalition partners over an emergency agreement for next year’s budget. The crisis exploded on 15 […]
Labour and Foreign Employment Minister Manusha Nanayakkara emphasized that political parties on ethnic or religious lines established to gain narrow political advantage by sowing racism should be banned.The post Religion, ethnicity based political parties should be banned – Minister appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Democracy A Global Sine-Qua-Non: Social-Liberal-Electoral Or Whatever appeared first on Colombo Telegraph.
[…]The post From King Elara To Narendra Modi, Evolution Of A Geopolitical Impasse appeared first on Colombo Telegraph.
During the UN General Assembly (UNGA) on Friday (October 27), Sri Lanka expressed its support to a resolution urging an immediate humanitarian truce in the Israel-Hamas conflict, with the goal of achieving a cessation of hostilities.The post Sri Lanka supports United Nations resolution calling for humanitarian truce in Gaza appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories...
[…]The post Palestinians, The Terrorists & Israelis, The Victims appeared first on Colombo Telegraph.
Monday 2nd October, 2023 There are no signs of an early détente between India and Canada. The two countries continue to trade allegations. Other nations are divided along the lines of strategic alliances rather than anything else. Interestingly, the US government is seen to be tilting towards Canada. What the ongoing diplomatic row of epic […]
Thuesday 22nd August, 2023 No sooner had the Indian government announced its decision to impose a 40% tax on onion exports to overcome a shortfall in the domestic supply than Sri Lankan traders jacked up onion prices exponentially. They would not have reacted so swiftly to a drop in onion prices in the international market. […]
Sri Lanka says a contest for supremacy is unfolding between the United States and China across the expanses of the Pacific Ocean. President Ranil Wickremesinghe said that a power struggle is also emerging between Western nations and Russia in the context of Ukraine. “Undoubtedly, the Indian
During the question-and-answer session, Dr. Dushni Weerakoon questioned the sustainability of Sri Lanka’s non-aligned foreign policy, as it weakened the country’s position in trade negotiations. The expert assertion was certainly not restricted to trade negotiations. Having signed ACSA (Access and Cross Servicing-Agreement) with the US, in August 2017, it would be ridiculous to still talk […...
[…]The post Vain Attempts To Bowl Imran Khan Out! appeared first on Colombo Telegraph.
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
The developing Indo-Lanka relations, particularly the process since early 2022 should be examined taking into consideration the significant role played by Sri Lanka’s High Commissioner in New Delhi Milinda Moragoda, who received the Cabinet rank. At the time President Gotabaya Rajapaksa sent the former UNP Minister, one -time close associate of UNP leader Ranil Wickremesinghe, […]
Japan has sought Sri Lanka’s backing for its Free and Open Indo-Pacific (FOIP) strategy. Japanese Foreign Minister Hayashi Yoshimasa has taken up this issue with his Sri Lankan counterpart Ali Sabry, PC, when they met on 29th July. According to a statement issued by the Japanese Embassy, in Colombo, Minister Yoshimasa has also briefed Minister Sabry regarding […]
Asian security experts argue that China’s aggressive behavior and ambitions in the Indo-Pacific region have led India to strengthen its military and economic ties with the United States and Europe. China’s actions, such as testing India’s borders and threatening Taiwan’s democracy, have significantly influenced India’s strategic calculations, according to experts who ...
[…]The post The New Kurukshetra: BJP & Opposition Alliances For The 2024 Elections appeared first on Colombo Telegraph.
U.S. Treasury Secretary Janet Yellen said on Sunday she was "eager" to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered.The post Yellen ‘eager’ to work with China on debt, other global challenges appeared first on ONLANKA - Sri Lanka Latest...
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]