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A look at global debt statistics would show that almost all countries, irrespective of their economic status, obtain loans. The USA, the second richest country on the basis of PPP index, has a debt burden of more than 100% of their GDP, which is much more than some of the developing countries such as Brunei […]
- Forbes: Lanka, Pakistan and Maldives among biggest debt burdens to China (Category: Breaking News)
- Debt Trap Lessons (Category: Breaking News)
- Central Bank eyeing USD 8 -10 billion currency reserves in 3-4 years (Category: Breaking News)
- Ranawaka: It’s possible to prosecute those who bankrupted country (Category: Breaking News)
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
[…]The post After Samantha Power’s Visit appeared first on Colombo Telegraph.
- The Past Is Never Dead (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
- The Past Is Never Dead (Category: Breaking News)
- Some Questions On Protection & Promotion Of Democracy In Sri Lanka? (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap (Category: Breaking News)
- A Child’s Guide To Demand Of 182 Academics For Cancelling Sri Lanka’s Foreign Debt (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
Are the Chinese still keen on left unity in Nepal ahead of the November 20 elections? The jury is still out. But the debate will certainly be fuelled in the next few days and weeks. Li Zhanshu, the chairman of the Standing Committee of the National People’s Congress of China, is arriving on a three-day official visit […]
- Rattled by US officials’ Kathmandu visit, China reminds Nepal on ‘One-China’ policy (Category: Breaking News)
- China’s new Nepal game: Trap Kathmandu with oil and gas exploration bid (Category: Breaking News)
- ‘One China’ principle and ‘One Country, Two Systems’ policy are ironical (Category: Breaking News)
- Nepal’s new Pokhara airport on China’s BRI radar: Report (Category: Breaking News)
By S. V. Kirubaharan in France The United Nations definition of ‘victims’ is as follows: “Victims” means persons who, individually or collectively, have suffered harm, including physical or mental injury, emotional suffering, economic loss or substantial impairment of their fundamental rights, through acts or omissions that are in violation of criminal laws operative within Member States, [̷...
- Sri Lanka rejects OHCHR evidence gathering mechanism (Category: Breaking News)
- Empathy and understanding sought by Sri Lanka (Category: Breaking News)
- Türkiye insists will not sign resolution on Sri Lanka (Category: Breaking News)
- UN rights chief told invitation to visit Sri Lanka still stands (Category: Breaking News)
By N Sathiya Moorthy President Ranil Wickremesinghe’s address at the first-ever graduation ceremony of the National Defence College (NDC) in capital Colombo reiterated four points. The first three have been repeated by successive governments and their leaders over the past three decades in particular. Initiated under the predecessor government of President Gotabaya Rajapaksa in the […]
- Can ‘National Security’ priorities wait for economic recovery? (Category: Breaking News)
- Sri Lanka President Ranil Wickremesinghe addresses 7th Indian Ocean Conference in Perth (Category: Breaking News)
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- President Ranil Wickremesinghe calls for unified action to safeguard the Indian Ocean (Category: Breaking News)
Fear of a DDR/IFR event drive rates even higher
- Sri Lanka central bank US$4.0bn in debt by March 2022 (Category: Breaking News)
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Sri Lanka’s Central Bank Governors should be restrained by law, not given independence (Category: Breaking News)
- Sri Lanka will have to print money unless taxes are raised: CB Governor (Category: Breaking News)
The Sri Lankan authorities continue negotiations with Russia on the provision of a loan to buy Russian fuel, Sri Lankan Minister of Transport and Highways and Minister of Mass Media Bandula Gunawardena said on Saturday in an interview with Sputnik.The post Sri Lanka, Russia continue talks on loan
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Sri Lanka mulls buying Russian oil & fertilizers (Category: Breaking News)
- Sri Lanka seeks investors for nuclear power plants (Category: Breaking News)
- India expects $8-$9 Billion bilateral trade with Russia, Sri Lanka in two months (Category: Breaking News)
Westminster Abbey has space for around 2,000 people, so only heads of state and one or two guests have reportedly been invited to Britain’s first state funeral for six decades. London: Hundreds of foreign royals and leaders are expected to attend the state funeral of Queen Elizabeth II in London on Monday in one of […]
- Lankan president met British PM (Category: Breaking News)
- Sri Lanka President meets British Premier (Category: Breaking News)
- President engages in cordial conversation with King Charles III (Category: Breaking News)
- King Charles’s Coronation guest list: who’s who of everyone expected to attend (Category: Breaking News)
[…]The post Next Round: Ranil Versus The JVP appeared first on Colombo Telegraph.
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- The JVP & The Tamil People: Change The Party Line Now! (Category: Breaking News)
- Trump-Ramasamy Ticket GOP’s Best Bet In 2024; US Events Will Affect The Whole World (Category: Breaking News)
- Planning For A Year Of Elections (Category: Breaking News)
[…]The post How We Came To This Pass – On The “Non-Rule Of Law System” appeared first on Colombo Telegraph.
- How We Came To This Pass: A Quest For Scapegoats (Category: Breaking News)
- How We Came To This Pass – The Aragalaya Challenge (Category: Breaking News)
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- How We Came To This Pass – Waiting On IMF (Category: Breaking News)
"If the ministry is able to sign a contract with a supplier now, we should have coal by the end of next month."
- Power cuts during today as well (Category: Breaking News)
- How long will power cuts be? (Category: Breaking News)
- Video: Election cuts (Category: Video)
- Sri Lanka says no more power cuts, until further notice (Category: Breaking News)
[…]The post Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue appeared first on Colombo Telegraph.
- Taking Dictatorial Steps To Control Public Sri Lanka (Category: Breaking News)
- Corruption & Lack Of Common-Sense; Presidential Brutalities (Category: Breaking News)
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- Government-Sponsored Terrorism In Sri Lanka (Category: Breaking News)
Orthodox tea exports from India have increased by more than 22 percent during the first six months of the calendar year as its largest supplier, Sri Lanka, grapples with an economic crisis, Indian media reports say. A report published by the Business Standard has said: “According to the latest data available on the Tea Board […]
- Global black tea production down 1.86% (Category: Business)
- Global tea output falls 1.31% in 2011 (Category: Business)
- Global black tea output falls (Category: Business)
- India sees lower tea exports this calendar year (Category: Business)
By N Sathiya Moorthy While leaving for Geneva to head the government delegation at the UNHRC session beginning this week, Foreign Minister Ali Sabry has reiterated the Sri Lankan State position that it would not accept an ‘international probe’ into war-crimes, as dictated in earlier resolutions of the UN human rights body. The government has […]
- Comprehensive international probe on Easter attacks (Category: Breaking News)
- Pillayan ready to face international probe (Category: Breaking News)
- Azad Moulana offers to testify in Easter attacks probe (Category: Breaking News)
- UN calls for independent probe into Easter Sunday attacks (Category: Breaking News)
By Uditha Devapriya Sri Lanka’s economic woes have not cast a shadow over its complex foreign relations. On August 16, the southern port of Hambantota welcomed the Yuan Wang 5, a research vessel from China. While Colombo had asked for a deferral of the visit, it eventually relented and allowed the ship to dock until […]
- Milinda pushes for Indo-Lanka strategic-level partnership (Category: Breaking News)
- “A friend in need is a friend indeed”: Sri Lanka’s praise for India (Category: Breaking News)
- Sri Lanka may allow Indian rupee to be used in local transactions (Category: Breaking News)
- First things first (Category: Breaking News)
by Dayan Jayatilleka, PhD Watching Mikhail Gorbachev who died last week at the World Festival of Youth and Students in the Summer of 1985, I had a thought which I later recorded in an article in the Sri Lankan newspapers. I felt, and wrote, that “at last we have a Soviet leader we do not […]
- The World after Gorbachev and Sri Lanka after JR Jayewardene (Category: Breaking News)
- Last Soviet leader Mikhail Gorbachev dies aged 91 (Category: Breaking News)
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Last Soviet leader Mikhail Gorbachev dies aged 91 (Category: Breaking News)
Russia is seeking to strengthen its relations with Sri Lanka. The outgoing Russian Ambassador to Sri Lanka YuryMateriy called on President Ranil Wickremesinghe at the Presidential Secretariat. YuryMateriy, who has ended his term in Sri Lanka, said that he will continue to work to strengthen
- Sri Lanka in talks with Russia to resolve Aeroflot issue (Category: Breaking News)
- Sri Lanka secures long-term credit line from Russia (Category: Breaking News)
- Philippines and Sri Lanka to further strengthen bilateral relations (Category: Breaking News)
- Russia summons Sri Lankan envoy and protests over detained plane (Category: Breaking News)
India’s envoy to the UN Security Council, Ruchira Kamboj says the most pressing need of the hour is a truly representative Security Council. Ruchira Kamboj during her address took swipes at China and Pakistan for adopting double standards. While India and China were exchanging verbal barbs over a Chinese research ship docking in a Sri […]
- India briefs UN GA on nearly $4 billion assistance given to Sri Lanka (Category: Breaking News)
- Kamboj briefs UNSC on achievements of CTC under India’s chairship (Category: Breaking News)
- India surpasses China as largest lender for Sri Lanka (Category: Breaking News)
- UK backs India’s case for permanent UN Security Council seat (Category: Breaking News)
Mikhail Sergeyevich Gorbachev who died last Tuesday was hardly known outside the Soviet Union when JR Jayewardene made himself Sri Lanka’s President in 1978. Seven years later, on March 11, 1985, Gorbachev would be become the General Secretary of the Soviet Communist Party. He was 54 years old and was the first leader of the […]
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Gorbachev: The Mystery of Roads Taken & Not Taken (Category: Breaking News)
- Politics Devoid Of Doctrine Is Empty & Harmful In The Long-Run; Premadasa, RW & MR Are Examples (Category: Breaking News)
- A brave new world (Category: Breaking News)
[…]The post Lanka Adrift In Tempestuous Seas appeared first on Colombo Telegraph.
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
- Next Round: Ranil Versus The JVP (Category: Breaking News)
- A Meteor Shower Of Novel Terms (Category: Breaking News)
- Prospects For Global Capitalism: 2023 & After (Category: Breaking News)
[…]The post The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene appeared first on Colombo Telegraph.
- Gorbachev And Gotabaya (Category: Breaking News)
- 117th Birth Anniversary & Long Legacy Of JR Jayewardene (Category: Breaking News)
- Presidential Ambition & Abolition Betrayal (Category: Breaking News)
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
[…]The post Sri Lankan Forces To Be Trained In Modern Day Warfare: President appeared first on Colombo Telegraph.
- Security Forces Committed To Uphold The Country’s Sovereignty: President – A Point Of View (Category: Breaking News)
- Towards A World Without Armies & Wars (Category: Breaking News)
- King Ravana: MPs Propose International Investigation – A Response (Category: Breaking News)
- President Says ‘Raising Direct Taxes Inevitable To Reach IMF Goals’ – A Response (Category: Breaking News)
Thursday 1st September, 2022 There is absolutely no need for aliens to take the trouble of undertaking intergalactic missions to destroy this planet. The so-called big powers vying for global dominance are already at it, and the signs are that they will succeed in their endeavour. The entire world is reeling from the war in […]
- Ukraine war: Russia wants to destroy Europeans’ normal life, Zelensky warns (Category: Breaking News)
- COP27: Russian invasion of Ukraine released 8 mn MT of carbon till September – report (Category: Breaking News)
- Proxy wars make unsettling comeback (Category: Breaking News)
- Fears of Europe-wide war rekindled as Finland joins NATO (Category: Breaking News)
By Shamindra Ferdinando SJB MP Dr. Harsha de Silva yesterday said that he was quite disappointed that his economic revival plan, or common minimum programme, presented in parliament on 12 August hadn’t received the anticipated response from political parties, represented in Parliament. The Colombo District lawmaker said so when The Island asked him whether political parties and President […...
- Harsha won’t join cabinet, but urges All Party Govt. to implement his economic recovery plan (Category: Breaking News)
- SC ruling on economic meltdown: Lacille wants wrongdoers appropriately dealt with (Category: Breaking News)
- 22 A: Amendments accepted at ‘committee stage’ should be subjected to SC approval (Category: Breaking News)
- Current administration panders to whims and fancies of Rajapaksa clan – Harsha (Category: Breaking News)
[…]The post Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do It? appeared first on Colombo Telegraph.
- New Central Banking Bill: Positive But Gaps Need To Be Filled (Category: Breaking News)
- New Central Bank Bill: Gaps Need To Be Filled (Category: Breaking News)
- Deciding On New Central Bank Act Is Too Precious To Be Left Only To Politicians (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
[…]The post War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project appeared first on Colombo Telegraph.
- War On China? – III: Pivot To East (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
[…]The post Government’s Attempt To Redefine The Political Discourse & Direction Through Suppression appeared first on Colombo Telegraph.
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Witch-Hunting Mudalige, Ranil-Rajapaksa Repression & the Opposition’s Convoluted, Collaborationi... (Category: Breaking News)
- Evaluation Of Aragalaya (Category: Breaking News)
- Why Did Ruwan Exonerate NTJ Leader Zahran? (Category: Breaking News)
[…]The post Ranil’s Policy Train-Wreck, Opposition Own-Goals, Dullas-GL Game-Changer appeared first on Colombo Telegraph.
- Witch-Hunting Mudalige, Ranil-Rajapaksa Repression & the Opposition’s Convoluted, Collaborationi... (Category: Breaking News)
- Triangular Contest: To Be Realistic, There Are 3 Options: Response To Prof Kumar David (Category: Breaking News)
- Ranil Just Mummified Himself & Embalmed The UNP, So What Should A Democratic Opposition Do? (Category: Breaking News)
- Ranil Just Mummified Himself & Embalmed The UNP, So What Should A Democratic Opposition Do? (Category: Breaking News)
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