Archive for June 7th, 2022

POHOTTU AS USA’ S PROXY Part 3C

Tuesday, June 7th, 2022

KAMALIKA PIERIS The departure of Mahinda Rajapaksa from the Pohottu government resembled a scene from a film. Gotabaya Rajapaksa had asked Brother Mahinda Rajapaksa to resign as Prime Minister. Instead, on May 9. 2022, Mahinda Rajapaksa convened a meeting of his supporters,   at Temple Trees, and asked them whether he should go or stay. Stay! […]

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Sri Lanka: Temporary Custodian(Govt) cannot distribute State land – find better ways to help farmers!

Tuesday, June 7th, 2022

Shenali D Waduge Sri Lanka is an island nation. A government is elected only for a term. A government is only temporary custodian and guardian of the State. A State comprises its People and its Resources. These resources are to be enjoyed not only by this generation but future generations as well. Therefore, it is […]

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Who is behind the current turmoil?

Tuesday, June 7th, 2022

Sangadasa Akurugoda Answering the last question raised by the interviewer at a live televised conversation with Prof. Ajith Dissanayake  under the ‘’Big Question’’ program of Sri Lanka Rupavahini dated 24th May 2002 (https://youtu.be/s73PKlWj4cg) , Prof. Dissanayake quite correctly hinted who should be behind the current turmoil  in Sri Lanka. He sighted Rukada Natya (Puppet dramas) […]

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A proposal to sell more than 1/3 of your country for $52b!

Tuesday, June 7th, 2022

Ramanie de Zoysa Tamils for Biden: “Sri Lanka’s economic crisis is due to many factors. One major factor is the war and the money that Sri Lanka borrowed to buy destructive weapons.” Response: Yes, the brutal war you terrorists heaped on us was the number one cause! Sri Lanka didn’t have any smart weaponry when […]

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World Bank’s recognition of ‘Bangladesh’s silent economic revolution’ through ‘ICP Articles 2022-2021’ program

Tuesday, June 7th, 2022

By Parvej Siddique Bhuiyan  The World Bank recently released and cataloged an item named “Unpacking the Silent Economic Revolution in Bangladesh” under ‘the ICP (International Comparison Programme) publications 2022-21’program on their website. On March 2, 2022, the item was first published in Pakistan’s internationally accepted weekly ‘The Friday Times. Basically ‘The World Bank has admired […]

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Sri Lankan cabinet ministers decide not to draw salaries for one year

Tuesday, June 7th, 2022

Courtesy NewsIn.Asia Colombo, June 7 (AdaDerana) – The Cabinet of Ministers has unanimously agreed to serve without salaries for a period of one year, Minister Bandula Gunawardena says. His remarks came during the media briefing convened this morning (June 07) to announce Cabinet decisions. The relevant proposal has been presented by Prime Minister Ranil Wickremesinghe, […]

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Wickremesinghe regrets Sri Lanka has alienated friendly countries 

Tuesday, June 7th, 2022

By P.K.Balachandran Courtesy NewsIn.Asia Colombo, June 7: The Sri Lankan Prime Minister Ranil Wickremesinghe told parliament on Tuesday, that Sri Lanka has been badly mishandling relations with its tried and trusted friends in the international sphere. India, China and Japan are leading the list of countries that provide us with loans and assistance. Relations with […]

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Sri Lanka Seeks USD 55 Million Loan from India for Buying Fertiliser

Tuesday, June 7th, 2022

Courtesy News18 Sri Lanka has sought a USD 55 million loan from India for the procurement of urea amidst its worst economic crisis threatening a severe food shortage, an official said on Tuesday. Prime Minister Ranil Wickremesinghe had recently warned of a food crisis in the island nation due to the ongoing economic crisis. The Cabinet has […]

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Sri Lanka nosedives into abyss of despair

Tuesday, June 7th, 2022

BY FARAZ SHAUKETALY Courtesy The Island Sri Lanka became the world’s first and only all-organic farming nation albeit for a short while. This came about when President, Gotabaya Rajapaksa banned the importation of all pesticides and chemical fertilisers overnight. That Presidential proclamation would mark the definitive end of South Asia’s most powerful political dynasty, the […]

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Ex-minister lambasts govt. lethargic response

Tuesday, June 7th, 2022

By Shamindra Ferdinando Courtesy The Island Insurgent attacks on lawmakers’ houses SLPP lawmaker Dr. Nalaka Godahewa has questioned the failure on the part of the new administration to investigate the organised violence, unleashed on members of Parliament, on May 09. Dr. Godahewa, who was the Media Minister at the time violence erupted, countrywide, in the […]

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Daily guidance on dollar/rupee rate has brought in greater stability to forex market: CB

Tuesday, June 7th, 2022

Courtesy The Daily Mirror CB pushed back on claims that it was another pegged exchange rate  Says inflows seen picking up, Fx conversions improve since restrictions on Open Accounts  Further easing in Fx rate is expected amid easing imports and with multilateral and bilateral funding kicking in  Staff-level agreement with IMF expected this month on […]

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Cabinet approves to import 231,000 MTs of fertilizer for paddy cultivation

Tuesday, June 7th, 2022

Courtesy The Daily Mirror The Cabinet had approved to import 150,000 metric tons of Urea, 45,000 metric tons of Muriate of Potash (MOP) and 36,000 metric tons of Triple Super Phosphate (TSP) fertilizers for paddy cultivation for the 2022/23 Maha season. The Ceylon Fertilizer Company Limited and Colombo Commercial Fertilizer Company Limited to import the […]

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Purchase fuel from Russia: Vasu urges Govt.

Tuesday, June 7th, 2022

Courtesy The Daily Mirror Claiming that fuel can be purchased from Russia 35% lesser than the normal global market price, Parliamentarian Vasudeva Nanayakkara today urged the government to take steps to get down fuel from Russia. He told Parliament that India, Singapore and Thailand are buying fuel from Russia. MP Nanayakkara said the Russian Envoy […]

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President invited me to accept Premiership hours before Ranil accepted it: SF

Tuesday, June 7th, 2022

Courtesy The Daily Mirror Prime Minister Ranil Wickremesinghe should give credit to me as he was able to become the premier of this country because of him, SJB MP Field Marshal Sarath Fonseka said today. He told Parliament that President Gotabaya Rajapaksa called him hours before Mr. Wickremesinghe was sworn in and wanted him to […]

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Next three weeks will be tough, use fuel and LP gas sparingly: PM

Tuesday, June 7th, 2022

Courtesy Adaderana The next three weeks will be tough for Sri Lanka, Prime Minister Ranil Wickremesinghe said today (June 07), urging the general public to use fuel and liquefied petroleum (LP) gas sparingly. Delivering a special statement in the parliament this morning, the Premier stressed the need to limit unessential travel for the time being […]

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Colombo Commercial HC’s fiscal officer interdicted over Aeroflot flight fiasco

Tuesday, June 7th, 2022

Courtesy Adaderana The Fiscal Officer of the Colombo Commercial High Court, who implemented the court order for the detention of the Russian Aeroflot flight at the Bandaranaike International Airport (BIA), has been interdicted for over-riding his official duties.  The Ministry of Justice, Prison Affairs and Constitutional Reforms said it has taken steps to suspend the […]

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World Bank warns of recession risk due to Ukraine war

Tuesday, June 7th, 2022

Courtesy Adaderana Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank has warned. Less developed countries in Europe and east Asia face a major recession”, it said. The risk of high inflation and low growth – so-called stagflation” – is also higher, […]

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Sri Lanka: Crisis management will work if the crisis is recognized

Tuesday, June 7th, 2022

By Raj Gonsalkorale I am a firm believer in the people. If given the truth, they can be depended upon to meet any national crisis. The great point is to bring them the real facts.”  Abraham Lincoln, 16th President of the United States The Prime Minister has been as frank as he could be about […]

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What happens to the dollars? E-Con-E-News of 21-27 May 2022 tells it all:

Tuesday, June 7th, 2022

Garvin Karunaratne, former GA Matara Dollars are sold to the highest bidder to keep on importing Luxury goods while refusing $ for food and medicines” reveals what is really happening today. In reality today dollars do come in to the banks and to the private currency dealers and the bank are charged with handing over […]

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MEDIA NEWS REPORTING CAN SOMETIMES BE HARMFUL IF THE CONTEXT IS CONFUSING.

Tuesday, June 7th, 2022

Editorial  June 6th 2022 The wise seers whose wisdom always prevails comprising mostly of past leaders political analysts of repute and intellectuals are of one mind that things go from bad to worse in Sri Lanka today on an almost continuous basis and perhaps it is, with all due respect to the true media ( […]

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Sri Lanka’s ham-handedness has dismayed traditional friends 

Tuesday, June 7th, 2022

By P.K.Balachandran Courtesy NewsIn.Asia Colombo, June 6: With the Colombo Commercial High Court issuing an order for the immediate suspension of it’s injunction against an aircraft belonging to Russia’s Aeroflot Airlines, the aircraft took off for Moscow with 191 passengers on Monday after a five-day detention which soured Russo-Lankan ties.   With the release of […]

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