Sri Lanka has every right to speak forcefully on Palestine and international justice. But moral authority abroad cannot substitute for diplomatic precision at home. With the current account weakening, thousands of workers
Sri Lanka has every right to speak forcefully on Palestine and international justice. But moral authority abroad cannot substitute for diplomatic precision at home. With the current account weakening, thousands of workers
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Sri Lanka’s opposition has cited a reported 16.12 per cent increase in gold pawning during the first five months of 2026 as evidence of worsening financial pressure on households. Harshana Rajakaruna, a
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Stabilisation is retrospective; it builds firewalls around past failures, manages liquidity ratios and enforces structural austerity to ensure that a nation can barely service its liabilities. Transformation, by contrast, is prospective. It
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According to the latest report from the Central Bank of Sri Lanka, tourism earnings between January and August 2026 amounted to US$2,061.1 million, down from US$2,290 million recorded during the corresponding period
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The Houthi militia in Yemen has continued its advance by taking control of two strategically important islands in the southern Red Sea, further strengthening its position along a crucial international shipping route,
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Diplomatic efforts to ease tensions in the Middle East appeared to falter on Monday as a planned meeting between Iran and Gulf Arab states was postponed, while attacks around the region’s two
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The rules governing global shipping are breaking down, according to 18 of the world’s leading maritime nations, which have warned that wars and the rapid expansion of a shadow fleet operating beyond
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Qatar has slashed government department budgets by up to 30 per cent and cut funding for overseas aid by about 85 per cent as the US-Israel war against Iran inflicts a sharp
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Sri Lanka could face what former president Ranil Wickremesinghe described as one of the country’s most severe economic battles if it fails to increase its foreign reserves to US$15 billion within the
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A sustained Ukrainian campaign targeting Russia’s oil refining capacity and fuel distribution network has intensified economic pressure inside Russia, exposing the growing domestic costs of the war even as political support for
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In an interview economist Igor Lipsitz argues that Russia’s worsening fuel shortages and broader economic pressures reflect mounting structural challenges created by the war in Ukraine. While he believes these difficulties will
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The United States has accumulated the world’s largest national debt, reaching $39 trillion, yet its debt burden relative to the size of its economy remains below that of Japan and Singapore, according
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by Our Correspondent in Colombo The Central Bank of Sri Lanka (CBSL) has delivered a comprehensive and uncompromising defence of its role in one of the country’s most serious public financial fraud
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India has attracted approximately $10 billion in inflows through the Reserve Bank of India’s (RBI) special foreign-currency deposit programme for overseas Indians, according to two people familiar with the matter, providing early
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India’s government has stepped up efforts to attract foreign currency deposits from overseas Indians as the rupee remains under pressure and the country’s foreign exchange reserves continue to decline. Finance Minister Nirmala
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