High Commission of Sri Lanka New Delhi Prime Minister of India Shri Narendra Modi stated that India would always stand with Sri Lanka, a close friendly neighbour, when the visiting Sri Lankan Finance Minister Basil Rajapaksa called on him this afternoon (16) in New Delhi. Finance Minister Basil Rajapaksa is on a two-day official visit […]

Sugath Kulatunga 15/3Down with the Rupee Double, double toil and trouble;Fire burn and cauldron bubble, Down with the rupee, make it tumble, Poor people let them crumble. (With apologies to Shakespeare) During the last few days there were many excellent presentations on the present economic crisis. There are several points I as a non-economist do […]

By Dr. Tilak S. Fernando There has been a lot of criticism concerning the dollar deficit that has significantly affected inflation. At long last, the dollar was allowed to free-float. However, financial experts say, it is too late!” Simultaneously, 367 non-essential items were restricted from 9 March 2022 after 45 years.  Many point an accusing […]

Courtesy Sputnik With a national debt of over $30 trillion, a skyrocketing consumer price index thanks to trillions in new government spending, and renewed efforts by emerging economies to find alternative means of exchange in foreign trade, the greenback’s time in the sun as a harbour of stability in uncertain times could be coming to […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

Courtesy Sputnik Sanctions against Russia and the arms supplies to Kiev will not solve the current crisis, while Ukraine’s guaranteed neutrality would be a reasonable solution, argued Sahra Wagenknecht, a member of the Bundestag for The Left, in her latest interview with Die Welt. Could Berlin become a responsible peace broker?”The German government under Chancellor […]

Truth with Chamuditha

Courtesy The Straits Times COLOMBO (AFP) – An IMF delegation was in Sri Lanka on Monday (March 14) for talks on the island’s worsening economic crisis, with the public suffering through months of food, fuel and medicine shortages. A lack of foreign currency has left traders unable to pay for vital imports in what authorities concede is […]

Courtesy Wire ‘There may be long queues at grocery stores, gas stations, and pharmacies,’ UK warned those travelling to the island nation whose economy has been severely hit by the pandemic. New Delhi: Responding to the economic crisis caused by foreign exchange depletion in Sri Lanka since the pandemic, the United Kingdom has issued a travel […]

Courtesy RT Ukraine said Russia was seeing the situation much more adequately” than before © Getty Images / EA A member of the Russian negotiating team, Leonid Slutsky, has said he believes the significant progress” he has observed in talks between Moscow and Kiev might soon lead the two sides in the conflict to sign an agreement. […]

Courtesy Sputnik © Sputnik / Pavel Lvov / Go to the photo bankSubscribeSvetlana EkimenkoAll materialsWrite to the authorBeing updatedEarlier, a spokesperson for the Chinese embassy to the United States reportedly rejected media allegations that Moscow had sought Beijing’s help with military equipment and other logistics for its operation to de-Nazify Ukraine. Liu Pengyu, a spokesman for the […]

Courtesy Sputnik r two weeks after starting the operation to demilitarize Ukraine, Russian forces have been hesitant to enter major populated centers -especially in areas where Ukrainian ultranationalist battalions are holed up. The Russian MoD has repeatedly accused the latter of placing heavy weapons in residential areas, and using civilians as human shields. Moscow considers […]

Dr Sudath Gunasekara. Mahanuwara. I request all my Sinhala and Tamil readers both at home and abroad, particularly the Sinhala people to read very carefully the following letter at the end of this note, addressed to President Rajapaksa by one of the most versatile and veteran young journalist Shenali D Waduge as it focuses and […]

Jayantha Herath මහාචාර්ය PADe Silva මොරටුව විශ්ව විද්‍යාලයේ මහාචාර්ය වරයෙකි. දැන් Emeritus ය. ඔහු සිටියේ යාන්ත්‍රික ඉංජිනේරු විද්‍යා පීඨයේ ය. ඔහුගේ එංගලන්තයේ සිට ලංකාවට මෝටර් රථයෙන් ආ කථා ඒ දවස් වල සුරන්ගනාය. ඔහුට  ඒ කාලයේ විදුලි වාහන ගැන පර්යේෂණ  උනන්දුවක් තිබුනේය. එය ඔහුගේ signature ව්‍යාපෘතිය විය. ඉඳ හිට ඔහු විදුලි රථය පදවා campus එක වටේ […]

ඉරිදා ලංකාදීප ප‍්‍රබල දේශපාලන බලධරයන්ගේ අතින් එසවූ දෝලාවල නැගගත් දේවාලවල කපු නෝනලාට අසීමිත දේශපාලන බලය ලැබෙන විට නීතිය නිහඬ කළ හැකිද? මෙම දේශපාලන ක්‍රියාදාම රාමුවට මුවා වී මුදල් හා දේපොළ හම්බ කිරීමද මීට සමාන්තරව සිදු වෙයි. එවන් ක්‍රියාදාමයක් වාර්තා වෙන්නේ අනුරාධපුර නගරයෙනි. දේශපාලකයන්ගේ සාස්තර ගෙදර නමින් හඳුන්වන ඥානාමැණියන්ගේ දේවාලය ඊට කදිම නිදසුනකි. අනුරාධපුර ජනතාව අතර […]

උපුටා ගැන්ම ලංකා සී නිව්ස් ශ්‍රී ලංකාව නිදහසින් පසු මුහුණ දුන් බරපතලම අර්බුදය ට මුහුණ දී සිටියත් මේ මොහොතේ ආර්ථිකය කඩා වැටෙද්දී ඊට පිළියම් ලෙස කිසිවක් නොකර ආර්ථිකය කඩාවැටීමට ඉඩ දී බලා සිටීමට බැසිල් රාජපක්ෂ මහතා කටයුතු කරන බව පිවිතුරු හෙළ උරුමයේ නායක නීතිඥ උදය ගම්මන්පිල මහතා ප්‍රකාශ කර සිටියේ ය. බැසිල් රාජපක්ෂ මහතාගේ රටට […]

උපුටා ගැන්ම ලංකා සී නිව්ස් බැසිල් රාජපක්ෂ නම් අවලස්සන ඇමරිකානුවා විසින් මේ ශ්‍රී ලංකාව විනාශ කරමින් සිටින බව හිටපු බලශක්ති අමාත්‍ය පාර්ලිමේන්තු මන්ත්‍රී උදය ගම්මන්පිල මහතා සඳහන් කරයි. අද ඇතිව තිබෙන ඩොලර් අර්බුදයට වගකිව යුත්තේ මුදල් අමාත්‍ය බැසිල් රාජපක්ෂ බවත් මේ රට බංකොලොත් වුණා නොව බංකොලොත් කර ඇති බවත් හෙතෙම කියා සිටී. බැසිල් රාජපක්ෂ මහතා […]

Courtesy Adaderana The three Cabinet sub-committees, appointed by the President last month to negotiate with China, Japan and the Middle East Region on economic matters met for the first time on the 9th and 10th of March at the Parliament under the chairmanship of the Foreign Minister Prof. G.L. Peiris. Commencing its task, the Cabinet […]

Courtesy Adaderana President Gotabaya Rajapaksa has given directives to make arrangements to generate 5,000 MW via renewable energy sources and add them to the national grid within next six years, Minister of Highways Johnston Fernando says. As a part of the new programme, the approval of the cabinet sub-committee has been given to India’s Adani […]