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The Chinese Embassy in Sri Lanka today slammed the US Ambassador to Sri Lanka, Julie Chung, calling her a hypocrite for the comments she had made in a recent interview. The embassy was angered over her view that China was the “spoiler” in Sri Lanka’s efforts to reach a deal with the International Monetary Fund […]
The Central Bank of Sri Lanka (CBSL) bank has urged China and India to agree a write-down of their loans as soon as possible.The post Central Bank Governor urges China and India to reduce Sri Lanka’s debts soon appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (£2.4bn) bailout. But the International Monetary Fund will not release the cash until China and India first agree to reduce Sri […]
The New Year 2023 is definitely going to be a significant year for India’s leadership ambitions. India’s presidency of the G20 forum as well as the Shanghai Corporation Organization (SCO), brings with itself the rare opportunity to present to the world that India is well-prepared and well-equipped to clinch its position as an emerging power. […]
Tamil Guardian asks: The UK policy, regarding mainly Sri Lankan Tamils held in Diego Garcia, is likely to remain unchanged. Some of those who reached Diego Garcia, home for the strategic US military base, over a year ago, have already been sent back “voluntarily” to Sri Lanka. They returned in the wake of the UK […]
Two Australian men have been charged with bribing Sri Lankan officials to secure infrastructure contracts worth millions of dollars.The post Two Australians arrested for bribing Sri Lankan officials for lucrative contracts appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Two Australian men have been charged with bribing Sri Lankan officials to secure infrastructure contracts worth millions of dollars. Australian police arrested the pair last month after a decade-long investigation spanning several countries. The men, aged 67 and 71, worked for a company which has been accused of misconduct in South Asian countries. They are […]
Wartime Defence Secretary Gotabaya Rajapaksa is one of those who strongly believed that the LTTE could be defeated. The Gajaba Regiment veteran didn’t mince his words when he met Norwegian officials on April 06, 2006 in the run-up to the closure of the Mavil-aru sluice gates in the third week of July 2006. According to […]
Let no man posture as an advocate of peace if he proposes or supports any social system that initiates the use of force against individual men in any form. Ayn Rand. Does that apply to our President minus the common man’s vote? When he accepted the invitation to be President by poised-to-flee Prez Gotabaya Rajapaksa, […]
[…]The post How We Came To This Pass – The Aragalaya Challenge appeared first on Colombo Telegraph.
Hotels charge in US dollars, I do not see why we cannot
Sri Lanka central government debt falls to US$32.4bn from US$50.5 billion rupees
Nominal wages up but real wages down
By Anushka Kahandagamage Protesters defeated the dictatorial Rajapaksa regime, making the Rajapaksas resign from their positions, premiership and presidency, of the government. After the collapse of the dynasty, Ranil Wickremesinghe, a Rajapaksa puppet, came to power with the support of a distorted majority in Parliament. Having got himself appointed as President, without a people’s mandate, [R...
[…]The post Ranil: A New Definition For Democracy appeared first on Colombo Telegraph.
[…]The post The ACF Commission: To Exorcise Ghosts Of Truth That Continued To Haunt Regardless appeared first on Colombo Telegraph.
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
[…]The post Kapila Jayasekera: Killer-In-Chief In Both ACF & Five Students Cases appeared first on Colombo Telegraph.
Pure floating exchange rates and a fixed exchange rate with a currency boards are free-market mechanisms
Indian media had reported that India had raised the issue of the Chinese research vessel that is scheduled to arrive at the Hambantota Port, with President Ranil Wickremesinghe. India had raised concerns after the Ministry of Defence in Colombo confirmed the ship’s arrival, despite New Delhi clearly outlining its concerns regarding the arrival of this […]
assport of a British national, Kayleigh Fraser, who had posted about the protests on social media, seized
A leading human rights group has accused the new Sri Lanka Government of cracking down on dissent. The Sri Lankan Government is using emergency regulations to harass and arbitrarily detain activists seeking political reform and accountability for the country’s economic crisis, Human Rights Watch said today. Since Ranil Wickremesinghe was sworn in as President on July […]
[…]The post An Open Letter & Appeal To The IMF appeared first on Colombo Telegraph.
But it is a tool and a means only, not the ultimate goal. It is simply compulsion and coercion; it is the police power.
by Sean GLEESON and Amal JAYASINGHE (AFP) Lankan security forces demolished the main anti-government protest camp in the capital Friday, evicting activists in a pre-dawn assault that raised international concern for dissent under the crisis-wracked country’s new pro-Western president. Troops and police Special Task Force commandos wielding batons and armed with automatic assault rifles charged on ...
Overnight clean money volumes down to zero, sporadic repo activity
By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]
COLOMBO (News 1st); The Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe says that the progress on getting an international bailout package depends on political stability in the country. Speaking to the BBC Sinhala Service, Dr. Weerasinghe stated that it is also impossible
The Governor of Sri Lanka’s Central Bank, Nandalal Weerasinghe, has warned that the country may shut down if no stable government is formed soon.The post Sri Lanka faces shutdown without stable Government – Central Bank Governor warns appeared first on ONLANKA News - Sri Lanka News - Sri Lanka News Live and Breaking News Today.