By Raj Gonsalkorale The Treasury is aware that the country is in a difficult place. But that difficulty is not visible on the surface. Fuel is available, electricity is available and public and private transportation is in place. It’s the mirage that seems to matter to most rather than reality At the Treasury we are […]

By Garvin Karunaratne  Professor Paul Krugman said in 1999 , in the short run. The World is lurching from crisis to crisis, all of them crucially involving the problem of generating sufficient demand. Japan is finding that  conventional monetary and fiscal policies  aren’t enough.  If it can happen to Japan how sure can we be […]

Dilrook Kannangara The titanic sank over a hundred years ago and when it was sinking the captain ordered its orchestra to play. Ranil’s planned celebrations for June 26 is the same. Ranil is fooling people that he rescued the country from bankruptcy. In reality, he made matters worse. Why people don’t feel the pain is […]

KAMALIKA PIERIS Tamil Separatist Movement is scared that Buddhism will become popular in the north and east. That it will catch on and the Hindu population will decrease. That is one of the reasons for the strong resistance to Buddhistization. The Hindus do not permit low castes to enter their best temples. Buddhists allow anyone […]

KAMALIKA PIERIS When the Eelam war ended, the Southern Sinhalese Buddhists took the opportunity to travel to  Buddhist sites in the north that had long been inaccessible. As a result, busloads of Sinhalese Buddhists flocked to the Northern parts of Sri Lanka. The A9 highway, which connects the North and South of Sri Lanka, was […]

C. Wijeyawickrema In Sri Lanka higher courts are under attack for using contempt  of court as a sword making everybody fearful to comment about court decisions which appear manifestly defective. The Bar Association of Sri Lanka is getting funds from USAID to sanitize the judicial system, and its officers now face accusations of misappropriation of dollar donations received […]

Dr Sarath Obeysekera

Dr Sarath Obeysekera Condominium Mgmt Authority, National Gem & Jewellery Authority to share information with the Financial Intel Unit in terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri Lanka entered into Memoranda of Understanding (MOUs) with Condominium Management Authority (CMA) and […]

Courtesy Tom Dispatch June 25, 2024 Hey, electric cars? It’s obvious that they’ve come into their own now that Tesla’s Elon Musk has once again been granted his (no, this is not a misprint!) $44.9 billion pay package by that company’s shareholders after a Delaware judge all too unreasonably tossed it out last year. Admittedly, […]

Geopolitical Economy Report Countries around the world are seeking alternatives to the US dollar. IMF economists say de-dollarization is “broad-based”. The Federal Reserve reluctantly admits that it is happening. Ben Norton analyzes the latest research.

Ministry of Defence  – Media Centre Sri Lanka has made history by achieving Tier 2 status in the U.S. Department of State’s Trafficking in Persons (TIP) Report for the third consecutive year. This notable accomplishment underscores the country’s sustained efforts to combat human trafficking and protect its victims. The National Anti-Human Trafficking Task Force (NAHTTF), […]

Courtesy Adaderana The Ministry of Education states that all schools across the island will function as normal tomorrow (June 27). This was communicated in a statement issued by the Ministry of Education this afternoon (26). However, the General Secretary of the Ceylon Teachers’ Union (CTU) Joseph Stalin stated this afternoon that the teacher-principal trade unions […]

උපුටා ගැන්ම  ලංකා ලීඩර් ජාතික න්‍යාය පත්‍රයක මූලාරම්භය දෙවන පියවර ඊයේ (25) ජාතික පුස්තකාල ශ්‍රවණාගාරයේදී ජාතික සංවිධාන නියෝජිතයන්ගේ සහභාගීත්වයෙන් පැවැත්විණි. කුමන පුද්ගලයෙකු හෝ කුමන පක්ෂයක් ජනාධිපතිවරණය හෝ මහ මැතිවරණයට ඉදිරිපත් වුවද පිළිතුරු බැදිය යුතු 20 වැදැරූම් ප්‍රශ්න මාලාවක් සමාජ සම්මුතියක් ලෙස එළිදැක්වීම මෙහිදී සිදුවිය.  මෙය ගෝලීය ශ්‍රී ලාංකික සංසදය විසින් සංවිධානය කර තිබූ අතර  මහාචාර්ය […]

Ada Derana

Courtesy Adaderana President Ranil Wickremesinghe says that today marks an important day in the country’s recent history and a unique turning point, as Sri Lanka reached final restructuring agreements for its external debt owed to bilateral creditors.  Delivering a special address to the nation on Wednesday (26) evening, the Head of State said that the […]

Courtesy Adaderana The proposal to extend Attorney General Sanjay Rajaratnam’s term by another 06 months has been defeated again at the Constitutional Council meeting today (26). The proposal, which was submitted by President Ranil Wickremesinghe was defeated with 05 votes against it while 03 members voted in favour.

Courtesy Adaderana Sri Lanka signed debt treatment agreements with the Export-Import Bank of China (EXIM) in Beijing, a short while ago, to restructure USD 4.2 billion of debt, the President’s Media Division said.  The Framework Agreement related to this was signed between Sri Lanka and China in Colombo, Sri Lanka.  This restructuring provides significant debt […]