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Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...
By Cheranka Mendis Several French institutions are exploring prospects to offer energy efficiency solutions to the booming construction sector in Sri Lanka. At a key industry forum organised by the Trade Commission of the French Embassy Yesterday, seven French companies along with French Agency for Environment and Energy Management (ADEME) Energy Expert Robert Angiletti and ...
Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...
With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...
Subsidies? Well yes, but make them smart subsidiesNigeria: Subsidising the neighbours Nigeria’s Central Bank Governor, Sanusi Lamidi Sanusi, had a problem. In a recent live interview with the Aljazeera TV, he said that his country had to raise the retail prices of all petroleum products to match the rising international prices, despite the violent and ...
Sri Lanka’s benchmark stock index, the world’s worst performer this year, may extend its slump as the central bank raises interest rates to curb inflation, according to HSBC Holdings Plc’s private banking unit. HSBC Private Bank, which oversees about $499 billion, will wait for stock valuations to fall to “single digit” multiples before it considers ...
After the recent Commonwealth Games in New Delhi, India, critics found three new words for the acronym ‘CWG’ – Corruption, Waste and lack of Governance. The Chairman of the Indian National Olympic Committee, who was Chairman of the Organising Committee, is presently in Tihar Jail, in Delhi with many of his acolytes, on charges regarding ...
Arrenga Capital Research takes a deeper look at Budget 2012 and impact on select listed companies 1. A challenging deficit target – 6.2% of GDP in 2012 I. Government revenue targeted to grow by 20.2% YoY to Rs. 1,126.1 b (14.7% of GDP) II. Total Government expenditure to rise 14.1% YoY to Rs. 1,594.9 b ...
According to latest report of Global Peace Index (GPI), Sri Lanka ranked 126 while Norway ranked in ninth place. Here we are talking about the riots that took place in UK recently and the same GPI ranked the UK in 26th place (100 places ahead of Sri Lanka). A series of incidents erupted in England ...
By Malathi De Alwis On 18 May 2009, Sri Lanka officially declared the end of a 30-year civil war fought between. Sri Lankan government forces (GoSL) and Tamil militants, namely the Liberation Tigers of Tamil Elam (LTTE). Such a sea...
by Ranil Wickremesinghe By the 4th century BC, Asia had begun its first cycle of economic growth and power. This was the reason why Alexander the Great decided to travel eastward to establish an empire. At that time there was...
By D.B.S.Jeyaraj The tragic history of post-independence records that the Tamils of Sri Lanka have been subjected to mass-scale mob violence in the years 1956, 1958, 1977, 1981 and 1983. The anti-Tamil violence of July 1983 was the most terrible and horrible of them all. It remains etched in memory even after 27 years. Twenty ...
by Pearl Thevanayagam The recently concluded war with all its human miseries such as loss of lives, widowhood, displaced and maimed civilians, orphans, destruction of properties and denigration of agricultural lands and the disruption to normal life throughout the island...