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Κυριακή, 19 Μαΐου, 2024
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Sri Lanka

EU, US voice concerns over imposition of emergency in Sri Lanka

After the Sri Lankan President Gotabaya Rajapaksa declared an island-wide state of emergency, the envoys of the European Union, the United States, and several...

Sri Lankan Crisis between Debt-trap and Strategic-trap: The Chinese Stake

There have been multiple debt trap myth-busting articles; the Chinese embassy in Sri Lanka endorsed some. The article by Deborah Brautigam, clarifying there is...

Geo-political analyst pins blame for Lankan crisis on China’s opaque debt-trap strategy

Asanga Abeyagoonasekera, a geo-political analyst from Sri Lanka, said that China’s loan model to Sri Lanka is ambiguous while no one knows the interest...

Chinese high-cost loans prime culprit for Lankan economic woes

The onset of Covid and the consequent collapse of the tourism sector are considered to be the immediate reasons for Sri Lankan economic woes....

Drug Dealers, Fundamentalists Taking Advantage Of Crisis: Sri Lanka President’s Advisor

As the protests against Sri Lankan government continue over the mishandling of the economy, an advisor to the Sri Lanka President Gotabaya Rajapaksa indicated...

India seizes control of SL’s cash crisis & kicks China out of 3 northern island energy projects

Following the announcement by the Sri Lankan government that it has defaulted on its USD51 billion foreign debt, India says it is willing to...

Desperate Sri Lanka seeks finance lifeline from India till IMF loan comes through

While India plays a prominent role in helping its neighbour Sri Lanka come out of a deep economic crisis, it was learnt from reliable...

Economic and Political Crisis in Sri Lanka

As Sri Lankan economy is languishing under the rising debt burden and shrinking foreign exchange reserves leading to shortages of essential commodities including food,...

Midst of escalating financial and petroleum crises, India launches a rescue effort on Sri Lanka

As Sri Lanka's economic crisis deepened, political instability erupted in the form of large-scale protests. Sri Lankans were irked by the government's mismanagement of...

Pakistan, Sri Lanka crises lessons for countries to not fall for China’s debt trap

The over-dependence on China for economic development could be a miserable option for any country, and the latest examples of it, are Pakistan and...

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