Paris (15/11 – 75) Sri Lanka has reached an agreement with the China Exim bank on the principles and terms of a $4.2 billion debt settlement, the country’s finance ministry…
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Sri Lanka
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AsiaEconomyFeaturedGlobal NewsHuman RightsNational SecurityNewsSri Lanka
Sri Lanka’s Devastating Economic Crisis Continues
Brussels (16/11 – 83) Sri Lanka is still dealing with the aftermath of its most devastating economic crisis since independence, a government without popular support and intensifying geopolitical competition in its neighborhood, a year after…
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AsiaCrimeEconomyFeaturedGlobal NewsNational SecurityNewsPolitics
When Corrupt Politicians Waltz into the Debt Trap
Toronto, Atlanta (28/11 – 20) A wise old expression intones “Behind every bad borrower is a bad lender”. Like many such cute, amusing aphorisms, it is accurate as far as…
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Rome (16/11 – 57) Sri Lanka is mired in a deep political and economic crisis and the country’s then President Rajapaksa has flown out of the country, days after a huge crowd of protesters stormed his residence in July 2022. Protesters for…
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AsiaDefenceFeaturedGlobal NewsMilitaryNational SecurityNewsPoliticsSri LankaTerrorism
Rise of the Ex-Militant in Lankan and Iraqi Politics
The global political machine grapples with instability. The raging protest-riots in Sri Lanka, the government collapse in Pakistan, the resignation of UK’s Boris Johnson, the resignation of Italy’s Mario Draghi,…
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FeaturedGlobal NewsLifestyleNewsSportsSri LankaWorld News
Sri Lanka Cricket’s ICC Membership Suspended Due to Political Interference
London (11/11 – 40) The International Cricket Council (ICC) has suspended Sri Lanka’s membership with immediate effect, citing government interference in its administration. Sri Lanka’s sports ministry had dismissed Sri…
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AsiaBilateral RelationsBusinessEconomyFeaturedGlobal NewsNewsSri Lanka
Sri Lanka’s Port of Colombo Gets Newly US Funded Terminal
by Mon Mauby Mon MauLondon (08/11 – 50) A U.S. development agency announced on Wednesday that it would lend $553 million to establish a deepwater shipping-container terminal at the Port of Colombo in Sri…
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Brussels (12/11 – 57) The stories of exile, exclusion and expulsion of indentured labourers from Tamil Nadu in Sri Lanka’s plantations suggests lessons to be learnt not only for their…
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AsiaBilateral RelationsBusinessDefenceDefenseEconomyEnvironmentFeaturedGlobal NewsNational SecurityNewsPoliticsSri LankaWorld News
Sri Lanka’s Economy Not Out Crisis Yet, Says President In Budget Speech
Colombo: Sri Lankan President Ranil Wickremesinghe on Monday presented his government’s 2024 budget, emphasising the need for tough reforms until the full recovery of the cash-strapped island nation’s economy. Although Sri…
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AsiaEconomyFeaturedGlobal NewsNational SecurityNewsPolitics
Sri Lanka Leader Succeeded In Bringing About Democratic Political Transition
Berlin (21/09 – 40) His Excellency Ranil Wickremesinghe, President of Sri Lanka, spoke at the General Debate of the 78th Session of the General Assembly on 21 September 2023, reflecting…
