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Heavy machine gun fire was heard along the Israel-Gaza border in the early hours of Friday, after the green light was given for a ground invasion. Yoav Gallant, the Israeli defense minister, on Thursday visited troops positioned along the Gaza border, and told them that they would soon see the Palestinian enclave ‘from inside’. An infantry commander in […]
- Modi receives rockstar welcome in Australia (Category: Breaking News)
- British woman trapped in Sri Lanka for 13 months losing hope (Category: Breaking News)
- Bollywood model Poonam Pandey dies aged 32 after cervical cancer battle (Category: Breaking News)
- Australia considering banning teenagers from buying cigarettes (Category: Breaking News)
[…]The post Hamas Onslaught, Israeli Revenge & The Return Of Diplomacy appeared first on Colombo Telegraph.
- It Is Not War But Ceasefire That Is Freeing Hostages & Prisoners (Category: Breaking News)
- Condoning Israeli Aggression & Condemning Palestinian Resistance (Category: Breaking News)
- Netanyahu’s Madness (Category: Breaking News)
- Israel – Most Condemned UN Member (Category: Breaking News)
Sri Lanka has called for reform in multilateral institutions like the UN, particularly the expansion of the Security Council’s composition. President Ranil Wickremesinghe addressed the UN General Assembly in New York yesterday which reflected on the theme of “Rebuilding trust and reigniting solidarity” and its relevance to Sri Lanka’s recent challenges. He mentioned how Sri...
- Sri Lanka President address at the UNGA highlighting Sri Lanka’s journey to rebuild trust and gl... (Category: Breaking News)
- UN offers continued support to Sri Lanka’s reconciliation efforts (Category: Breaking News)
- President Ranil Wickremesinghe’s address at the UNGA: ‘Sri Lanka’s journey to rebuild trust and ... (Category: Breaking News)
- Sri Lanka tells COP27 to act fast to ensure global food security (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe addressed the UN General Assembly in New York yesterday (September 21) which reflected on the theme of “Rebuilding trust and reigniting solidarity” and its relevance to Sri Lanka’s recent challenges.The post Sri Lanka President address at the UNGA highlighting Sri Lanka’s journey to rebuild trust and global solidarity appeared first on ONLANKA - Sri L...
- Sri Lanka calls for reform in multilateral institutions like the UN (Category: Breaking News)
- President Ranil Wickremesinghe’s address at the UNGA: ‘Sri Lanka’s journey to rebuild trust and ... (Category: Breaking News)
- Sri Lanka unveils Climate Prosperity Plan and Climate Justice Forum to tackle climate challenges... (Category: Breaking News)
- President emphasizes need of immediate reforms in global financial structure (Category: Breaking News)
President Ranil Wickremesinghe addressed the UN General Assembly in New York on Thursday (21) on the theme “Rebuilding trust and reigniting solidarity” and its relevance to Sri Lanka’s recent challenges. He mentioned how Sri Lanka faced significant social, economic and political challenges in the past year, including threats to democratic traditions but has managed to […]
- Sri Lanka President address at the UNGA highlighting Sri Lanka’s journey to rebuild trust and gl... (Category: Breaking News)
- Sri Lanka calls for reform in multilateral institutions like the UN (Category: Breaking News)
- President emphasizes need of immediate reforms in global financial structure (Category: Breaking News)
- Sri Lanka unveils Climate Prosperity Plan and Climate Justice Forum to tackle climate challenges... (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka's power minister said on Tuesday.The post Sri Lanka says China’s Sinopec to start operations September 20 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- China s Sinopec to start operations in Sri Lanka in Sept. (Category: Breaking News)
- China’s Sinopec to enter Sri Lanka retail fuel market (Category: Breaking News)
- Sinopec issues clarification on fuel station project in Sri Lanka (Category: Breaking News)
- Sinopec officially begins operations in Sri Lanka with Rs. 3 discount offer (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
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 ...
- India’s Dynamic Advance: Countering China’s Influence in Southeast Asia and Shaping a Multipolar... (Category: Breaking News)
- US recognizes Sri Lanka’s right to assert its own aspirations (Category: Breaking News)
- Japan wants Sri Lanka’s creditors to participate on comparable terms (Category: Breaking News)
- Australia to expand military ties with Sri Lanka (Category: Breaking News)
Some diplomats in China say they are facing heightened scrutiny and interference from Chinese authorities, which is thwarting foreign officials’ efforts to re-engage with the country after three years of COVID-induced isolation. Twenty envoys from 12 Western and Asian delegations told Reuters that in recent months they had noticed larger police presences around some diplomatic […]
- China’s industrial profits tumble, deepening economic gloom (Category: Breaking News)
- India’s offer to privatise rocket has 20 potential bidders (Category: Breaking News)
- Sri Lanka to focus on energy, port projects with India during presidential visit (Category: Breaking News)
- ChatGPT maker OpenAI ousts CEO Sam Altman (Category: Breaking News)
Monday 17th July, 2023 The Parliamentary Select Committee (PSC) appointed by Speaker Mahinda Yapa Abeywardena to investigate the causes of the country’s bankruptcy has come in for severe criticism, and understandably so. The Opposition has rightly pointed out that the PSC cannot be expected to act impartially under the chairmanship of General Secretary of the […]
- Opposition to appoint alternative committee (Category: Breaking News)
- Exercise in futility (Category: Breaking News)
- NPP MP Herath quits PSC appointed to probe causes of bankruptcy (Category: Breaking News)
- Cries for justice and smoke and mirrors (Category: Breaking News)
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 […]
- Brazil’s President vows to punish rioters who stormed Congress (Category: Breaking News)
- Mass arrests in Brazil as President condemns ‘terrorist’ riots (Category: Breaking News)
- Pakistan’s Supreme Court rules Imran Khan arrest was illegal (Category: Breaking News)
- A divided Japan bids farewell to its slain ex-PM (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the island nation, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s chairman-cum-managing director M. Senthilnathan said.The post India to allow Sri Lanka to repay debt over 12 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka given more time to repay Bangladesh’s $200 Million loan (Category: Breaking News)
- Sri Lanka trying to reduce overall debt by $17 Billion, president says (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative
- Sri Lanka cabinet approves new electricity tariff without saying what it is (Category: Breaking News)
- Japan to support Sri Lanka’s debt restructuring negotiations (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- Sri Lanka sees forex reserves exceeding $4 billion after fresh funding (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the country, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s Chairman-cum-Managing Director M. Senthilnathan said. Sri Lanka, facing its worst economic and political crisis in over seven decades, owes $7.1 billion to bilateral creditors— $3 […]
- India starts debt-restructuring talks with Sri Lanka (Category: Breaking News)
- India provided nearly $4 billion in food, financial assistance to Sri Lanka (Category: Breaking News)
- India to invest more in Sri Lanka after crisis support of $3.8 Bn (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9B bailout package (Category: Breaking News)
CP Chairman DEW G says lawmakers here should be aware of what is going on in the world. The Parliament cannot turn a blind eye to global developments, the former MP said, pointing out that the ongoing Ukrainian crisis underscored the need for greater understanding of international affairs as the rapid developments taking place with […]
- DEW alleges US must have approved removal of Galle Face protesters (Category: Breaking News)
- SJB alleges Prez under SLPP pressure to give up power to dissolve Parliament (Category: Breaking News)
- DEW disappointed over disruption of COPE; AG acting in terms of Standing Orders (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
[…]The post A French Spring Amid IMF Mission Creep: Ranil Tangoes In Paris As Macron Pivots To BRICS appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
Sri Lanka has sought more cooperation with China and also rejected ‘debt trap’ claims. China has invested a lot in Sri Lanka in recent years and Sri Lanka looks forward to expanding the mutually beneficial partnership, Ali Sabry, Sri Lanka’s minister of foreign affairs, told the media during his visit to China. Speaking at a […]
- Government defends relations with China (Category: Breaking News)
- Sri Lanka reiterates stand on ‘One China’ policy after Taiwan polls (Category: Breaking News)
- Ali Sabry to brief UN General Assembly (Category: Breaking News)
- Sabry denies allegations of busting millions on overseas visits (Category: Breaking News)
By Chandre Dharmawardana chandre.dharma@yahoo.ca According to a recent news report (The Island 23rd June 2023), Minister Mahinda Amaraweera has claimed that the “agricultural sector to be transformed into an export-oriented economy”! This is a surprising statement since the plantation
- Spices can be a main sector of Sri Lanka economy: President (Category: Breaking News)
- The Peril of going to the IMF: Is there an alternative? (Category: Breaking News)
- Competing interests of trade and agriculture (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
[…]The post Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
- To Be Realistic, There Are Only Two Options (Category: Breaking News)
- Liberal Or Edible Economics: Global Disorder Worst In A Century (Category: Breaking News)
WASHINGTON — Indian Prime Minister Narendra Modi told U.S. lawmakers Thursday the United States-India partnership is bound by the shared values of respecting debate and equality in a democracy. “The U.S. is the oldest and India the largest democracy,” Modi said, addressing a joint meeting of the U.S. Congress. “Our partnership augurs well for the […]
- Biden and Modi Forge Strong Alliance in Counter-China Strategy during State Visit (Category: Breaking News)
- Biden, Modi hail new era for US-India ties and tout deals (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- Modi, combining India’s foreign policy with domestic interest (Category: Breaking News)
CNN- Indian Prime Minister Narendra Modi basked in the most lavish honors that the US can bestow on a visiting leader. But for much of his state visit, the specter of an uninvited guest hovered over Washington and the future of US-India relations. China – and the growing belief that the US is on a collision course with […]
- China’s economy is in trouble. Here’s what’s gone wrong (Category: Breaking News)
- China sets lowest GDP growth target in decades as Beijing tightens its belt (Category: Breaking News)
- Thousands of ethnic minority Muslims defy Chinese authorities in defense of mosque (Category: Breaking News)
- Donald Trump pleads not guilty following arrest (Category: Breaking News)
WASHINGTON, June 22 (Reuters) – U.S. President Joe Biden and Narendra Modi hailed a new era in their countries’ relationship after the White House rolled out the red carpet for the Indian prime minister on Thursday, touting deals on defense and commerce aimed at countering China’s global influence. “Two great nations, two great friends, and […]
- World welcomes 2023 and leaves a stormy year behind (Category: Breaking News)
- Paris Club to give Sri Lanka financing assurances (Category: Breaking News)
- Rights group seeks arrest of Gotabaya Rajapaksa in Singapore (Category: Breaking News)
- Republicans favored to win U.S. House in close-fought midterm elections (Category: Breaking News)
By Prabhat Patnaik After Sri Lanka and Pakistan, Bangladesh has become the third country in our neighbourhood to become afflicted by a serious economic crisis. It has asked for a $4.5 billion loan from the IMF, apart from $1 billion from the World Bank and $2.5-3 billion from multilateral agencies and donor nations. Though the […]
- A stitch in time saves nine - Facing the short-term economic challenges (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- After Lanka and Pakistan, now Bangladesh lines up before IMF for bailout (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
By Y P Prakash The growth of regional industries is crucial for India to realize its ambitions of becoming a global manufacturing hub, and India’s potential in this regard is undeniable. The International Monetary Fund predicts that India’s GDP will grow by 6.1% in 2023, surpassing China’s projected growth of 4.4%. Furthermore, India is expected […]
- Air India inks deal for 540 Airbus and Boeing planes in “historic” order (Category: Breaking News)
- Air India takes delivery of its first Boeing 787 Dreamliner (Category: Business)
- Spotlight turns to output as Boeing wins show (Category: Business)
- Emirates’ $18 b blockbuster Boeing order kicks off air show (Category: Business)
A big Polish chicken producer has been knocking on China’s door for eight years without selling a single drumstick, but hope springs eternal according to one of its representatives. Wipasz deputy sales director Rafat Koztowski attended the China-CEEC Expo & International Consumer Goods Fair in Ningbo, Zhejiang province, last month on his second visit to China since […]
- China looks to central Asia as the West sees threat to US-led world order (Category: Breaking News)
- Why China’s new spying law has foreign firms scratching their heads, scrambling like a ‘scared m... (Category: Breaking News)
- Can China fix youth unemployment woes with military recruitment drive? (Category: Breaking News)
- US military slams Chinese warship’s ‘unsafe and unprofessional’ manoeuvres in Taiwan Strait (Category: Breaking News)
By Chani Imbulgoda “We suffer today, because leaders in the past have failed to govern this country properly”. Oh, the predecessor has not done things well, they all have let the place go haywire”. Familiar excuses… When one takes over the leadership be it the country, be it an organisation, or be it a new […]
- No second chance for Sri Lanka, says CB Governor (Category: Breaking News)
- Tactful Diplomacy Will Bring Durable Solution (Category: Breaking News)
- Lanka’s ‘Royal’ mess explained by old boy (Category: Breaking News)
- Urgent Lessons for Sri Lanka – 2022 (Category: Breaking News)
[…]The post The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka appeared first on Colombo Telegraph.
- Mage Kathava – Autobiography Of Imthiaz Bakeer Markar (Category: Breaking News)
- Collective Consciousness Of Sri Lankans – Is It Constructive Or Destructive (Category: Breaking News)
- Looking At The Problem Of The Point Of View Of The State (Category: Breaking News)
- Modern Ramsethu: An Unlikely Bridge (Category: Breaking News)
Sri Lanka is among three South Asian governments that increased borrowing from domestic banks to finance their record debt, and, as a result, sovereign-bank nexus increased, heightening the financial sector’s vulnerability, according to a World Bank report. The other two countries are the Maldives and Pakistan, says a WB report, titled ‘A mixed bag for […]
- Sri Lanka to enhance trade relations with South Asia, South East Asia and East Asia (Category: Breaking News)
- Devastating crisis for Sri Lanka s children is a caution for South Asia- UNICEF (Category: Breaking News)
- Children in South Asia including SL most likely to face water scarcity problems- UN (Category: Breaking News)
- Sri Lanka to build South Asia s largest logistics complex at Colombo Port (Category: Breaking News)
CPC, CEB need to recover costs until end of Fund’s loan package By Rathindra Kuruwita The Ceylon Petroleum Corporation (CPC) and Ceylon Electricity Board (CEB) had to recover costs until the end of the IMF programme, Sarwat Jahan, IMF Resident Representative in Sri Lanka, told a press conference in Colombo yesterday. The IMF also wanted the […]
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- Lanka can be on path to recovery by 2024: IMF official (Category: Breaking News)
- New IMF funds for Sri Lanka may be delayed as review sees revenue shortfall (Category: Breaking News)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
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