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Bankrupt Sri Lanka is caught up in a China-US battle. The situation has been further complicated by India, Japan and Australia becoming part of the US-led military alliance meant to counter China. The US-led grouping is hell-bent on enhancing its influence in Colombo as both parties woo lawmakers. Recent declaration by the ruling party that […]
- Acting Canadian HC summoned over sanctions on ex-Presidents, others (Category: Breaking News)
- ‘War crimes’: Not only individuals but also entire fighting divisions ‘blacklisted’ – Foreign Mi... (Category: Breaking News)
- Westminster event declares support for Canadian action against Rajapaksa brothers (Category: Breaking News)
- Geneva challenge: Sabry needs to review ‘case’ anew (Category: Breaking News)
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
- End Casino Capitalism: Sri Lanka To Join The Global Minimum Tax Agreement (Category: Breaking News)
- Failed Economy: Bribery & Corruption To Maintain Power (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Debterioration Of Nations Social Security & Protection (Category: Breaking News)
Support from China, Russia and India is enabling Myanmar’s military to sustain itself and carry out human rights abuses despite its failure to consolidate power following last year’s coup, a group of international legislators has said, according to Al Jazeera report datelined Nov 03.In a report published on Wednesday, the parliamentarians said this “steadfast and uncritical” support, [...
- Myanmar's Suu Kyi detained again — without her old support (Category: USA, South Dakota)
- EU pledges $10bn investment in Southeast Asia during ASEAN summit (Category: Breaking News)
- Myanmar's Suu Kyi detained again — without her old support (Category: USA, South Dakota)
- Myanmar military denies claims it was threatening a coup (Category: USA, South Dakota)
By Rebecca Bundhun India’s economy and equity markets are outperforming most of their global peers. Despite a slew of challenges including macroeconomic headwinds stemming from Russia’s war in Ukraine, elevated crude oil prices and tightening liquidity globally, the growth story of Asia
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- Etihad gets first Boeing 747-400 freighter (Category: Business)
- ‘India is in a sweet spot for the next few years’ (Category: Breaking News)
- Apparel producers decry 400% off-peak electricty price hike (Category: Breaking News)
By Ahmad Marzee The mountainous land in the heart of Asia known as Afghanistan has always remained a major geo-political dispute among the superpowers. The great game (Tsar Russia vs Britain), Cold-War (USSR/Russia vs America) and war on global terrorism gained attention of these giant-fish to fight for supremacy, domination and securing their strategic depth in […]
- India part of meeting on Kabul: ‘Military facilities of others in country unacceptable’ (Category: Breaking News)
- Kabul mosque explosion: At least 20 dead, 40 injured (Category: Breaking News)
- US calls on China to deliver on commitments to Sri Lanka (Category: Breaking News)
- Taliban welcomes back India-trained Afghan Defence personnel (Category: Breaking News)
When Soviet leader Nikita Khrushchev went to Peking on an official visit in July-August 1958, chairman Mao Zedong chose an unusual venue for one of their meetings―his private swimming pool. “You look after Europe, and leave Asia to us,” Mao told Khrushchev. The Soviet leader, however, was not impressed. “No one has authorised us to […]
- Saved snowy owl to be released (Category: USA, Illinois)
- Baby owl latest youngster at the zoo (Category: USA, South Carolina)
- Decline of burrowing owl in Imperial Valley prompts calls for inquiry (Category: USA, California)
- Snowy owl released after 8-week rehabilitation from car strike (Category: USA, Illinois)
[…]The post Bloodbath In The Politburo appeared first on Colombo Telegraph.
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Let’s Have Fun Today (Category: Breaking News)
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Law & Justice Are At Stake At Mylathmadu & Mathavanai In East (Category: Breaking News)
[…]The post US Vulnerabilities Coalesce appeared first on Colombo Telegraph.
- War On China? – I: Justifications For War: Thucydides “Trap”, Clash Of Civilisations, Domino The... (Category: Breaking News)
- Globally, A Rightward Political Shift Is Visible (Category: Breaking News)
- Social Democracy, The NPP’s Tasks & Global Extremism (Category: Breaking News)
- Capitalism On Life Support: Planetary Bounds To Market-Lead Growth (Category: Breaking News)
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
[…]The post Putin’s Last Stand appeared first on Colombo Telegraph.
- Russian Presidential Election Results (Category: Breaking News)
- NATO Expansion: The Untold Agreement & Its Role In The Ukraine War (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Ancient Values Influence Behaviour Centuries Later (Category: Breaking News)
By D S KANG Liberals the world over have expressed serious concern about Giorgia Maloni’s seismic victory in the Italian elections, her expected elevation as the first far-right PM of the country since World War Two and its long-term implications for Italy as well as the rest of Europe. The far-right ideologies blended with neo-fascism […]
- What Meloni’s triumph could mean for Europe (Category: Breaking News)
- Shifting Focus (Category: Business)
- Curtain rising on heightening ‘global disorder’ (Category: Breaking News)
- Western Discontents, India’s Long Election and Sri Lankan Anniversaries (Category: Breaking News)
[…]The post IMF Must Become More Than Just A Debt Collector For Private Creditors appeared first on Colombo Telegraph.
- Hedge funds holding up vital debt relief for Sri Lanka (Category: Breaking News)
- Some creditors want to restructure Sri Lanka’s debt without China (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- China holds key to Sri Lanka’s debt restructuring to ease economic crisis (Category: Breaking News)
[…]The post How We Came To This Pass: A Quest For Scapegoats appeared first on Colombo Telegraph.
- How We Came To This Pass – The Aragalaya Challenge (Category: Breaking News)
- How We Came To This Pass – On The “Non-Rule Of Law System” (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)
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
- India’s commitment to climate change an example to the world! (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- India will be a developed nation by 2047, its economic growth ‘natural by-product’ of 9 years of... (Category: Breaking News)
- Myanmar Ports key to China’s Strategy of Controlling Indian Ocean (Category: Breaking News)
By Easwaran Rutnam Fuel prices in Sri Lanka will be increased even as OPEC agreed steep oil production cuts, President Ranil Wickremesinghe told Parliament today. The President said that fuel prices will be increased by December/January in line with an expected rise in global oil prices. However, he said that steps will be taken to […]
- Fuel prices likely to be reduced in April (Category: Breaking News)
- CPC and LIOC slash fuel prices (Category: Breaking News)
- Fuel prices increased (Category: Breaking News)
- Fuel prices slashed (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)
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 […]
- Foreign Minister to have talks in Saudi Arabia (Category: Breaking News)
- India’s prudence towards Sri Lanka further consolidates the “neighbourhood first” policy of Prim... (Category: Breaking News)
- India ready to assist Sri Lanka secure IMF deal (Category: Breaking News)
- Sabry denies allegations of busting millions on overseas visits (Category: Breaking News)
Indian Prime Minister Narendra Modi told Russian President Vladimir Putin on Friday that now was not the time for war, directly assailing the Kremlin chief in public over the nearly seven-month-long conflict in Ukraine. Locked in a confrontation with the West over the war, Putin has repeatedly said Russia is not isolated because it can […]
- How India spoiled China, Russia’s bid to challenge world order (Category: Breaking News)
- Will Modi’s soft power diplomacy be an antidote to Russia–Ukraine War? (Category: Breaking News)
- China ‘unsettled’ by Ukraine war, CIA director says (Category: Breaking News)
- France, US hail PM Modi’s advice to Putin over Ukraine (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)
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 […]
- Video: HIRU THANIWELA EP 400 (Category: Video)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Xi Jinping could face trouble in foreign, military policies in his new term (Category: Breaking News)
- China’s parliament backs Xi Jinping for third term as president (Category: Breaking News)
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 […]
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
- India steadfast in its support of Sri Lanka during crisis (Category: Breaking News)
- Pakistan: Over USD 13 billion debt incurred in 10 months (Category: Breaking News)
- Forbes: Lanka, Pakistan and Maldives among biggest debt burdens to China (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 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)
Tokyo [Japan], September 8 (ANI): As the Chinese economy is in the grip of a zero-COVID policy, the administration of President Xi Jinping is rushing to secure stable supplies of resources by increasing purchases of Russian oil. It was visible in the city of Linyi, where one gas station had signs
- Activists board Russian oil rig (Category: Technology)
- Whales 'at risk' from oil surveys (Category: Technology)
- Russians here to look for oil (Category: Breaking News)
- Another Indian firm to explore oil in Mannar Basin (Category: Business)
[…]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)
By Stella Yifan Xie HONG KONG—The sharp slowdown in China’s growth in the past year is prompting many experts to reconsider when China will surpass the U.S. as the world’s largest economy—or even if it ever will. Until recently, many economists assumed China’s gross domestic product measured in U.S
- Global IT spending on pace to surpass $3.6 trillion in 2012 – Gartner (Category: Business)
- Economic growth to surpass 6.5 percent (Category: Breaking News)
- India population to surpass China mid-year- U.N. estimates (Category: Breaking News)
- Vettel can surpass Schumacher – Lauda (Category: Business)
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)
Beijing [China], September 1 (ANI): China has been hit by record temperatures, flash floods and droughts this summer, making the country the most climatically vulnerable place with increasing frequency of natural disasters and declining air quality in its industrial centre, Financial Post, a US-based publication reported. China is suffering from its worst heat wave in […]
- Tassie green energy state (Category: Australia, Tasmania )
- Global CO2 emissions rise 3 % in 2011: report (Category: Business)
- Global bank picks DHL to pioneer carbon neutral courier service (Category: Business)
- China Violates Climate Pledge (Category: Breaking News)
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