Archive for March 18th, 2023

IMF puts countries into debt, poverty & inequality but who in Sri Lanka wants IMF – why?

Saturday, March 18th, 2023

Shenali D Waduge When Sri Lanka’s top corporates have stashed away some $53billion in overseas accounts, it is because they are cheating the country, they don’t want to invest in Sri Lanka or they are as corrupt as the politicians. Whatever, the reason, their collective silence in not coming forward to bail out Sri Lanka […]

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The AUKUS military alliance and the submarine deal; Foresight or Folly?

Saturday, March 18th, 2023

By Raj Gonsalkorale Former Prime Minister of Australia Paul Keating has labelled the AUKUS military alliance and more specifically the recently concluded submarine deal as the worst mistake Australia has done in its history. His national press club address has been widely publicised and does not need repetition here. It is however interesting to discuss […]

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Central Bank Must be Independent to Save the Economy

Saturday, March 18th, 2023

Dilrook Kannangara Even a schoolkid who has studied Year 11 Commerce would tell you that the Central Bank must be independent of the government. And that’s how it is around the world. However, Sri Lanka does not follow the rest of the world. Well established norms are questioned, challenged and changed in Sri Lanka to […]

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India, Bangladesh, Bhutan, Nepal Quadrilateral cooperation

Saturday, March 18th, 2023

Dr. Shakuntala Bhabani The subregion has immense potential for economic growth and significant untapped economic potential for intra-regional trade. Bangladesh, Bhutan, India and Nepal (BBIN)  subregional initiative, which was endorsed way back in 1997 to strengthen the region’s pursuit of trade and economic integration, still has a long way to go. A projection based on […]

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On March 10, a special announcement aimed at easing the hostility between Saudi Arabia and Iran came from both sides.

Saturday, March 18th, 2023

Fumiko Yamada China was the mediator of the talks held in Beijing. After four days of talks, two regional rivals in the Middle East, Iran and Saudi Arabia, have agreed to restore diplomatic ties. This significant diplomatic shift is undoubtedly an important event for all countries, especially for the Middle East. Because in the current […]

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Humanity is losing due to the Biden-Putin war

Saturday, March 18th, 2023

Fumiko Yamada February 24 marked one year of the Ukraine-Russia war. A year ago, Putin’s 200,000 troops invaded Ukraine with arrogance and arrogance. The roar of the Russian tank fleet, some 35 miles long, died down within a few days. We have seen the devastation of tank fleets and the pursuit of Russian troops in […]

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‘Israel has developed advanced technologies and methods for water conservation and management’

Saturday, March 18th, 2023

By Abhinav Singh Courtesy The Week Tammy Ben-Haim is the Consul General of Israel to South India, based in Bengaluru. Haim is a highly experienced diplomat with 18 years of experience in the Ministry of Foreign Affairs and 25 years in the civil service. Most recently Haim was the Minister for Public Diplomacy in the […]

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Sri Lanka’s Energy Crisis Is Weighing On its Economy

Saturday, March 18th, 2023

By Felicity Bradstock courtesy OilPrice Sri Lanka is in the midst of a financial and energy crisis, with high inflation and fuel shortages caused by poor economic management and the Covid-19 pandemic. To manage these issues, the government has introduced a National Fuel Pass to ration fuel, increased taxes and cut energy subsidies, and raised their […]

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