Archive for March 15th, 2022

Who thinks IMF can bail out Sri Lanka?

Tuesday, March 15th, 2022

Shenali D Waduge Sri Lanka is $35billion in debt. It is a debt that did not happen overnight. It is a debt that IMF will not solve & cannot solve. Taking loans without a plan & internal measures to curb & cut expenses is not going to help or solve Sri Lanka’s debt situation. Taking […]

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The forked tounged IMF

Tuesday, March 15th, 2022

by Garvin Karunaratne  The IMF warns Sri Lanka of its unsustainable foreign debt. It is sad that the IMF forgets that it is the IMF itself that paved the path for the creation of this unsustainable debt. That happened in 1977 when the IMF imposed its Structural Adjustment Programme(SAP)on Sri Lanka. Till then Sri Lanka […]

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Sri Lanka – Economic Advisors & Foreign Loans

Tuesday, March 15th, 2022

Shenali D Waduge If we judge Sri Lanka’s economic development vis a vis the western loans & expert economic advisors our story is quite bleak. We have had countless economic gurus claiming to be the know-it-alls but have failed to come up with a plan to bring Sri Lanka out of the debt trap it […]

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The USA and Sri Lanka

Tuesday, March 15th, 2022

by Garvin Karunaratne  Current visits by US administrators to Sri Lanka deserves special attention. The USA controls the IMF which has imposed neoliberal economics on all Third World countries since the Seventies. Sri Lanka today is the worst casualty, caught unawares. The MCC Programme is another carrot dangled at us. In this context my earlier […]

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High Commissioner Moragoda meets India’s Minister of Power and New & Renewable Energy to discuss further cooperation

Tuesday, March 15th, 2022

High Commission of Sri Lanka New Delhi Sri Lanka’s High Commissioner to India, Milinda Moragoda sought ways and means of further enhancing cooperation with India in the power and renewable energy sector, when he met the Minister of Power and New & Renewable Energy of India Shri Raj Kumar Singh in New Delhi.   Minister […]

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වැඩබිමට අවශ්‍ය දැනුම සහිත ශිල්පීන් අධ්‍යාපනික ආයතනවලින් බිහි නොවීම විශාල ගැටලුවක්.

Tuesday, March 15th, 2022

නිපුණතා සංවර්ධන වෘත්තීය අධ්‍යාපන පර්යේෂණ හා නව නිපැයුම් රාජ්‍ය අමාත්‍යාංශය වැඩබිමට අවශ්‍ය දැනුම සහිත ශිල්පීන් අධ්‍යාපනික ආයතනවලින් බිහි නොවීම විශාල ගැටලුවක්. ඒ නිසාම අප අමාත්‍යාංශය යටතේ තිබෙන සියලුම වෘත්තීය අධ්‍යාපන ආයතනවල ඉගෙනුම ලබන දරුවන්ගේ වෘත්තීය පුහුණුව පිළිබඳව වැඩි අවධානයක් යොමු කරමින් ක්ෂේත්‍ර පුහුණුව වැඩි වශයෙන් ලබා දීමට අපි කටයුතු කරනවා.” වැඩබිමට අවශ්‍ය දැනුම සහිත ශිල්පීන් […]

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Ukraine admits it won’t be part of NATO

Tuesday, March 15th, 2022

Courtesy RT Kiev’s constitution-enshrined bid for membership in the military bloc can’t be realized, Zelensky said Volodymyr Zelensky addresses the UK Joint Expeditionary Force meeting NATO allies don’t want to see Ukraine among their ranks and Kiev realizes that, President Volodymyr Zelensky told Western leaders on Tuesday. Now Kiev seeks protection from individual member states. […]

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China responds to sanctions threat

Tuesday, March 15th, 2022

Courtesy RT Beijing will safeguard its legitimate rights and interests, according to the country’s foreign minister. While stating that China will stand up for its legitimate economic interests in the face of Western sanctions, the country’s foreign minister, Wang Yi, has refuted the notion that Beijing is taking Russia’s side in the Ukrainian conflict. China […]

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US Advisers Help Kiev Make Biological & Nuclear Weapons – Russian Security Council Secretary

Tuesday, March 15th, 2022

Courtesy Sputnik The Ukrainian leadership’s rhetoric about the prospect of changing the country’s nuclear status wasn’t just empty words, and such a development would not only pose a security risk to Russia but to the entire world, Patrushev stated. Nikolai Patrushev, secretary of Russia’s Security Council, has declared that “it became clear” that advisers from […]

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Dollar crisis driven import issues to hamper Yala season

Tuesday, March 15th, 2022

Courtesy The Daily Mirror A seed crisis has emerged because of the impossibility of importing hybrid seeds due to the dollar crisis. (PIC: AFP) There are issues regarding importing fertilizer, pesticides and seeds for the Yala season due to the dollar crisis Farmers have faced difficulties during the Yala season due to the lack of […]

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Foreign newspaper spills the beans: Myanmar-Sri Lanka rice deal smells of corruption

Tuesday, March 15th, 2022

Courtesy The Daily Mirror Myanmar uses 70% of chemical fertilizer during the monsoons and 100% of such fertilizer during the dry weather Sri Lanka’s pride has taken a beating because it has gone to the extent of obtaining loans from Bangladesh and importing rice from Myanmar The Government of Sri Lanka (GoSL) has paid 3.05 […]

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COVID: Sri Lanka confirms 08 more deaths and 428 new cases

Tuesday, March 15th, 2022

Courtesy Adaderana The Director General of Health Services has confirmed another 08 coronavirus related deaths for March 14, increasing the country’s death toll due to the virus to 16,407. The deaths reported today include 04 males and 04 female patients, according to the Government Information Department. Two of the Covid-19 victims are between the ages […]

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