By Shehab Al-Makahleh and Giorgio Cafiero Chinese President Xi Jinping is in Riyadh for a three-day trip, underscoring the constantly growing importance of Sino-Saudi relations, and a clear message from Saudi Arabia that it will not take diktats from the United States. Xi’s first trip to Saudi Arabia in six years gives Saudi Crown Prince […]

… likens it to what happened to Russia with Gorbachev reforms By Saman Indrajith Samagi Jana Balavegaya MP Patali Champika Ranawaka told Parliament yesterday that the government’s plans to restructure the Ceylon Electricity Board would certainly lead to disaster. “These privatisation plans, if permitted, would have the same consequences as the economic reforms in Russia […]

Months into Russia’s invasion of Ukraine, it is becoming increasingly clear that the latter’s traumas would not end any time soon. Nor is the invader registering any notable gains from its fatal decision to annex Ukraine by armed means and might. However, it’s abundantly clear that the destabilizing economic consequences for the world from the […]

British Prime Minister Rishi Sunak has reiterated the UK’s commitment to a Free Trade Agreement (FTA) with India as part of the country’s wider focus on enhancing ties with the Indo-Pacific region. Delivering a talk Monday night at the Lord Mayor of London’s Banquet — his first major foreign policy speech since taking charge at […]

The Group of Seven (G7) nations, Australia and the European Union have agreed on a $60 per barrel price cap on Russian seaborne crude oil as part of an international campaign to curb Russia s ability to finance its war against Ukraine through energy sales.

BY Lili Bayer At one end, China hawks like the U.S. are trying to converge NATO’s goals with their own desire to constrain Beijing. At the other are China softliners like Hungary who want to engage Beijing. Then there’s a vast and shifting middle: hawks that don’t want to overly antagonize Beijing; softliners that still […]

India and Indonesia think tanks – The Centre for Global Affairs and Public Policy (CGAPP) and Institute for Development of Economics and Finance (INDEF) respectively, held a discussion on “G20 and Global Dynamics” and recognized the impact of close bilateral cooperation. Indonesia is all set to host the G20 summit at Bali from November 15-17. What is equally significant is that I...

The meet between US President Joe Biden and Chinese President Xi Jinping in the run-up to the recent Bali summit of the G20 countries has almost overwhelmingly attracted world attention and this is only to be expected, considering the importance to the world of the principal issues in US-China relations. However, of equal importance ought […]

By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow the island nation’s recovery from the unprecedented economic crisis as it is […]

We Sri Lankans seem to have a couple of character traits reposing in most persons, more particularly the Sinhalese, which seem never to die off. They are harboured across the board from the filthy rich to the disadvantaged and often exhibited in-country. One is short memories; two others are rank selfishness and dishonesty, yet another […]

India’s updated Nationally Determined Commitments (NDC) are strong on paper but not to drive down more emissions compared to the previous commitment, according to a report released at the 27th Conference of Parties (COP27) to the United Nations Framework Convention on Climate Change.India has not put out details of the 2070 Net Zero target announced […]

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 […]

ANI: India’s Ministry of Defence is the world’s biggest employer with 2.92 million people, which includes combined active service personnel, reservists and civilian staff, according to a report in ‘Statista’.A close second to the Indian Defence Ministry is the US Department of Defence which employs 2.91 million people, according to the Statista infographic on employers […]

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, [...

The first resuming flight of Russia s largest charter airline, Azur Air has arrived at the Bandaranaike International Airport (BIA) a short while ago, according to Ada Derana correspondent.

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’s third-largest economy remains intact. “The Indian economy and equity markets proved to be [&...

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 […]