Thursday 18th August 2022 Speculation is rife that former President Gotabaya Rajapaksa is planning to return to Sri Lanka. The question, however, is not whether he is coming, but what he is doing overseas. The anti-government protesters who engineered his ouster called upon him to ‘go home’; they did not ask him to flee the […]
Former Sri Lanka President Gotabaya Rajapaksa will return to Sri Lanka on August 24, says former Ambassador of Sri Lanka to Russia Udayanga Weeratunga.The post Gotabaya Rajapaksa will return to Sri Lanka on August 24 – Udayanga appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
Former Ambassador to Russia Udayanga Weeratunga arrived at the CID to provide a statement with regard to the procurement of MiG-27 fighter jets to the Sri Lanka Air Force.The post Udayanga Weeratunga at the CID over MiG Deal appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
” Sri Lanka cannot do without IMF’s support. Having declared its inability to service its foreign debt, Sri Lanka is struggling to reach a consensus with lenders and the IMF. Two of Sri Lanka’s major creditors, India and China, locked horns over a port visit by a Chinese ship. Sri Lanka should be wary of […]
Yes, of course, the older folks would all remember Edward Joseph; the young ones may find the name unfamiliar as Edward now lives in Germany and does his thing in that part of the world. Better known as Eddy, he was with the leader of the group Steelers and they were big in the local […]
Funds are to help 204 million people and communities as armed conflict and climate change threaten their livelihoods (Al Jazeera) The United Nations’ humanitarian projects face a record funding gap this year, with only a third of the required $48.7bn secured so far as global needs outpace pledges, according to the world body’s Office for […]
Washington [US], August 3 (ANI): The new federal programme passed by the US Congress provides USD 52 billion in support for the semiconductor industry, however, it restricts companies that are accepting the funding for expanding their chip production capacity in China. The Chips and Science Act is a USD 280 billion package that was passed […]
By Uditha Devapriya Divided from the Indian subcontinent, yet also deeply connected to it, Sri Lanka has never had an opportunity of forging and shaping a foreign policy of its own. The high point of its foreign relations, under the three Bandaranaike administrations over a period of 20 years, did signal an effort, and a […]
One person has been killed after blasts rocked a military base in Crimea, the head of the Russia-appointed regional administration there said. Sergei Aksyonov wrote on social media that the blasts had taken place at the Saky military base near Novofedorivka on the peninsula’s western coast. Footage circulating on social media appeared to show multiple […]
Bangladesh has warned developing countries not to become like Sri Lanka by taking loans from China. Bangladesh’s Finance Minister AHM Mustafa Kamal has warned that developing countries must think twice about taking more loans through China’s Belt and Road Initiative as global (BRI) inflation and slowing growth add to the strains on indebted emerging markets, […]
President Gotabaya Rajapaksa’s two years in office – a period of unprecedented political turmoil, uncertainty and further deterioration of Parliament – should be thoroughly examined. In fact, the UNP, with the support of the then President Maithripala Sirisena, paved the way for Gotabaya Rajapaksa’s candidature, at the 2019 presidential election, by blocking Mahinda Rajapaksa’s path […...
The World Food Programme (WFP) is seeking donor support to reach 3.4 million people in Sri Lanka with food and nutrition assistance as nearly a quarter of Sri Lanka is facing food shortages for millions.Sri Lanka’s worst economic crisis since independence is spinning off a “serious food crisis,” says the World Food Programme Representative and […]
SL too on agenda BY S VENKAT NARAYAN Our Special Correspondent NEW DELHI, August 6: India is maintaining a studied “loud silence” on the tensions between China and the United States and the developments in the Taiwan Straits in the wake of US House Speaker Nancy Pelosi’s controversial visit to Taipei last week. The decision […]
After the collapse of the Sri Lankan economy, attention has turned to the state of affairs in other South Asian countries such as Pakistan, Bhutan and Bangladesh. All three countries have either curtailed imports or are planning to do so, to salvage their fast-depleting foreign exchange reserves and avoid a Lanka-like forex crisis. While the […]
India expects bilateral trade worth $8-9 billion with Russia and Sri Lanka in the next two months after it allowed international trade in rupees, India’s trade secretary said.The post India expects $8-$9 Billion bilateral trade with Russia, Sri Lanka in two months appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
US House Speaker Nancy Pelosi’s current controversial visit to Taiwan is bound to aggravate East-West tensions, besides having the effect of further straining US-China relations. Pelosi’s visit to Taiwan, the first in more than two decades by any top US administration official to China’s breakaway province, is bound to be viewed as a blatant affront […]
by Chandre Dharmawardana, firstname.lastname@example.org. The forex crisis had forced the government to jettison its initial set of economic managers of the Central bank who looked for home-grown solutions and opposed dealing with the International Monetary Fund (IMF). The President re-instated a set of managers whose ideas were more orthodox and aligned with the neo-liberal bankers […]
Selected imports will be restricted to balance payments for fuel, President Ranil Wickremesinghe said today. The President told Parliament that the immediate requirement before the country is fuel. “While appreciating the international assistance in addressing the fuel shortage, it in timely that we now initiate a system for such importation from our own export income […]
By Kalinga Tudor Silva One of the important ways, the current economic crisis in Sri Lanka has directly impacted our lives is having to go through long and seeming unending queues, to access petrol, diesel, kerosene and even our dear passports. Queues have multiplied, sprung up on either side of the road and across the […]
Taiwan’s Defence Minister Chiu Kuo-chang expressed concern that China’s People’s Liberation Army (PLA) would have the ‘complete capability’ to attack Taiwan by 2025. The Minister expressed concern while also highlighted sanctions as the means to deter aggression during a virtual seminar titled “Taiwan: is it key to the continuing world order?” organised by The Democracy […]
The widely acclaimed globalisation of the post-Cold-War era is now running in reverse. A protracted slowdown in global trade has been reinforced by persistent pandemic-related supply chain disruptions, ongoing pressures of the US-China trade war and efforts to align cross-border economic ties with geostrategic alliances, known as “friend-shoring”. These developments raise the pressure on China, [&...
A long-running heatwave in China has pushed electricity usage to record levels in some areas and led to blackouts, with warnings that the high temperatures are expected to continue for at least another week. More than 300 cities were forecast to reach temperatures above 35C on Tuesday. China Southern Power Grid Company said Monday’s usage had surpassed […]
Ukraine’s President Volodymyr Zelensky has ordered all civilians still living in parts of eastern Donetsk region under Ukrainian control to evacuate. Speaking during a late-night address from Kyiv, Mr Zelensky warned of an intensification of fighting. “The more people leave Donetsk