{"id":132068,"date":"2023-02-10T15:57:17","date_gmt":"2023-02-10T22:57:17","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=132068"},"modified":"2023-02-10T15:57:17","modified_gmt":"2023-02-10T22:57:17","slug":"sri-lanka-under-siege-by-us-cowboys-indian-sahibs-2","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2023\/02\/10\/sri-lanka-under-siege-by-us-cowboys-indian-sahibs-2\/","title":{"rendered":"Sri Lanka under Siege by US Cowboys & Indian\u00a0Sahibs"},"content":{"rendered":"

e-Con e-News<\/a><\/em><\/span><\/h2>\n\n\n

What is the relationship between the 19th<\/sup>-century origins of the Bank of Ceylon<\/strong> (BoC) and the Oriental Bank Corporation<\/strong> (OBC). The BoC & OBC were first set up by the English to exploit Sri Lanka\u2019s recently stolen lands and impose the coffee plantations,. Their HR (Human Resources, ahem) expertise was  based on American (yes, this term includes the Caribbean) chattel slavery. The OBC in 1863 effected \u2018the largest transfer of property ever in Ceylon\u2019.<\/p>\n\n\n\n

The OBC later lent 500,000 silver dollars in 1868 to the Japanese government
\u2018to finance its path of modernization\u2019, to industrialization,
as ee<\/em><\/strong> reported last week.<\/p>\n\n\n\n

That loan to Japan did not prevent the Oriental Bank Corporation from soon declaring bankruptcy. So where did the interest from that huge loan of silver dollars go? And what did all this have to do with setting up an English spy network alongside its mercantile \u2018agency houses<\/strong>\u2019? (see ee Focus<\/em><\/strong>)<\/p>\n\n\n\n

\u2022\u00a0India\u2019s Foreign Minister Subramaniam Jaishankar<\/strong>\u00a0buzzed in to Colombo imposing the usual conditions for India\u2019s support for the US IMF\u2019s debt restructuring. The IMF wishes to delay any assistance as long as possible to buy off some of Sri Lanka\u2019s top national assets for a song (a rock\u2019n\u2019roll dirge perhaps?).<\/p>\n\n\n\n

Full Report<\/p>\n\n\n\n

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Sri Lanka under Siege by US Cowboys & Indian Sahibs<\/a><\/blockquote>