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India is considered one of the potential superpowers of the world. This possibility has been attributed to many indicators, mainly demographic trends and a rapidly growing economy and military. India became the fastest-growing economy in the world in 2015, with estimated GDP growth of approximately 5%. There is no stopping India which is celebrating eight […]
Sri Lanka today confirmed reports that it will not accept the MIR Russian card payment system. The Central Bank of Sri Lanka (CBSL) said that due to US sanctions on the MIR payment system, as confirmed by the Ministry of Foreign Affairs in Sri Lanka, the CBSL is not in a position to consider favorably, […]
A Colombo-based human rights groups has called on the Sri Lankan government to do more and take responsibility for seven of its citizens who said they were captured and tortured by Russians in eastern Ukraine.The post Sri Lanka urged to do more for citizens freed after Russian ‘torture’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
My final column set out a 10-point highway map for vitality atmanirbharta (Constructing the long run, IE September 5). On this article, I’ll elaborate on considered one of them: The significance of pure fuel because the bridge gasoline in direction of that aim. The set off for this elaboration is the announcement on the finish […]
Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.
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 […]
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
Emphasising the importance of strategic economic ties between India and Saudi Arabia, External Affairs Minister S Jaishankar said on Sunday that the collaboration holds the “promise of shared growth, prosperity, stability, security and development”. Jaishankar, who reached Riyadh on Saturday, is on a three-day visit to Saudi Arabia – his first as External Affairs Minister. He […]
Japan has placed preconditions in order to support Sri Lanka’s debt issue. Finance Minister Shunichi Suzuki said that Japan is prepared to “do its part” over Sri Lanka’s debt issue. However, he said that other creditors, such as China and India, should also be involved in efforts to resolve it. Suzuki made the remarks after […]
said Russia is not isolated because it can […]
Russian President Vladimir Putin on Monday granted Russian citizenship to former U.S. intelligence contractor Edward Snowden, nine years after he exposed the scale of secret surveillance operations by the National Security Agency (NSA).The post Russia President Vladimir Putin grants Russian
[…]The post After Samantha Power’s Visit appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
Chinese FM Wang Yi calls on Russia and Ukraine to ‘keep the crisis from spilling over’ and from affecting developing countries. (Al Jazeera) China and India have called for a negotiated end to the Ukraine war at the United Nations, stopping well short of robust support for traditional ally
Hundreds of people have been arrested by authorities as protests against Russia’s new “partial mobilisation” continue across the country, an independent rights group has said. OVD-Info said 724 people were detained across 32 different cities on Saturday. Widespread demonstrations
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 […]
By PHELIM KINE In a few weeks, the Chinese Communist Party’s most senior officials will convene in the Great Hall of the People in central Beijing to put Xi Jinping on track to become leader for life — with power rivaling that of Mao Zedong. Xi will likely emerge from the conclave with a third […]
Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign reserves and owes a hefty sum of foreign debt to China as the country is suffering from twin deficits, a senior economist at Thailand’s Krungsri Research said in a statement. “The […]
Putin's order came as Western media outlets began to express cautious optimism about a possible Ukrainian victory
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 has sought more information from the Ukrainian government and Ukrainian embassy in New Delhi on the news of the rescue of seven Sri Lankan students from Kupyansk Medical College in the Kharkiv region in Ukraine.The post Sri Lanka seeks details on medical students ‘rescued from Russian captivity’ in Ukraine appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka -...
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 […]
Fear of a DDR/IFR event drive rates even higher
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
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 […]
[…]The post Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue appeared first on Colombo Telegraph.
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 […]
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 […]
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 […]
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 […]