By Garvin Karunaratne. When Prime Minister Sirimavo lost the General Election in Sri Lanka in mid 1977, Sri Lanka did not have a foreign debt. During the time of Sirimavo and earlier, Sri Lanka got foreign loans on projects, where once the development project was completed the production brought about due to the completion of […]

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Senaka Weeraratna, the inventor of DRS, has revolutionized the game of Cricket. India under Narendra Modi can play a bigger role in the Cricket world wherever there is racism, sexism, and the like in ICC-administered cricket. The recently released damning Report on racism in English cricket is equally true of similar types of racism and […]

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MICHAEL HUDSON Courtesy The Unz Review Herodotus (History, Book 1.53) tells the story of Croesus, king of Lydia c. 585-546 BC in what is now Western Turkey and the Ionian shore of the Mediterranean. Croesus conquered Ephesus, Miletus and neighboring Greek-speaking realms, obtaining tribute and booty that made him one of the richest rulers of […]

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By Engr. Kanthar Balanathan DipEE (UK), GradCert (RelEng-Monash), DipBus&Adm (Finance-Massey), C.Eng., MIEE, Former Director of Power Engineering Solutions Pty Ltd, Consulting Electrical Engineers Leading Engineer of the World 2006, UK Authority Award The author had the ambition to write about history during his working career as an Electrical Engineer/Works Engineer (Elect) from 1969 to Feb […]

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Courtesy Seychellesnewsagency The airline’s inaugural flight on its Airbus A320 landed at Bandaranaike International with 110 passengers onboard. (Air Seychelles) Seychelles’ national carrier, Air Seychelles, started operating twice weekly flights to Colombo after it made its inaugural flight on Tuesday, June 20th.  The airline operates the twice-weekly flights from Seychelles to Colombo on Tuesdays and Saturdays […]

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Courtesy Malay Mail COLOMBO, July 1 — Sri Lanka’s inflation eased to 12 per cent in June, official data showed today, the lowest figures since the island nation careened into an unprecedented economic crisis last year. Sri Lanka defaulted on its US$46 billion foreign debt in April 2022 and the public endured months of food, […]

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Courtesy The Daily Mirror Several Sri Lanka Podujana Peramuna (SLPP) and Samagi Jana Balawegaya (SJB) MPs were absent during the vote on the Domestic Debt Restructuring programme today in Parliament.  SJB MPs Rajitha Senaratne, Mayantha Dissanayake, Rohini Kaviratne and Mano Ganesan were among the absentees from the Opposition while Mahinda Rajapaksa, Namal Rajapaksa and Chamal […]

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Courtesy Adaderana The Resolution on Domestic Debt Optimization (DDO) was passed in Parliament with amendments a short while ago (01 July). Accordingly, the DDO strategy was passed in Parliament with a majority of 60 votes, with 122 votes in favour and 62 votes against.  Meanwhile, the Secretary General of Parliament Kushani Rohanadeera has informed the […]

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Courtesy The Daily Mirror War is too important to be left to the generals. This quote is as relevant today as it was in the early 19th century, when French statesman and journalist Georges Clemenceau first said it to stress the importance of civilian control over the military and the war. If this is so with […]

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