Fishermen’s organisations in Sri Lanka’s northern Jaffna district have demanded an end to Indian trawling in fishing grounds off the Northern and Eastern provinces and the withdrawal of a proposed Fisheries Bill,
France risks a slow economic “suffocation” unless it addresses its persistent budget and debt problems, the governor of the Bank of France, Francois Villeroy de Galhau, warned in an interview with La
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In the outskirts of Bujumbura, Burundi’s capital, Amisia Aleko struggles to feed her family on a single daily meal of renga renga, a stew of leafy vegetables. “We ate some fish in
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Despite some economic progress in Sri Lanka over the years, the fact that the country was declared bankrupt in 2022 negates such achievements in terms of the sustainability of the economy and
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For decades, institutions like the International Monetary Fund (IMF) and the World Bank have operated under the guise of global development and stability — but their deeper function has often been to
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Senior tax officials in the United States are warning of a significant drop in federal tax revenue this spring, with projections indicating a reduction of more than 10 percent in the amount
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Argentina’s President Javier Milei is facing a potential impeachment threat after his endorsement of the controversial LIBRA cryptocurrency sparked accusations of misconduct. Opposition lawmakers have expressed outrage over the president’s involvement with
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The Indian rupee fell to a historic low on Tuesday, driven by intense demand for the U.S. dollar, as positions matured in the non-deliverable forwards (NDF) market. Despite the sharp depreciation, the
More US corporate bankruptcies have surged to their highest level since the aftermath of the global financial crisis, as companies continue to grapple with elevated interest rates and declining consumer demand. According to
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The Pakistan Bureau of Statistics (PBS) has reported an unprecedented 850 percent increase in gas prices over the past four months, contributing to a sharp rise in inflation across the country. During
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Editorial Polling stations have opened, and around 8,000 election monitors are on high alert as voters queue to cast their ballots in this crucial ninth presidential election. With approximately 17 million citizens
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Sri Lanka stands on the brink of a crucial presidential election scheduled for September 21, 2024, as the country continues to grapple with the aftermath of a severe economic crisis. The situation
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In a striking and controversial twist, the International Monetary Fund (IMF) has turned 22 financially distressed countries, including Pakistan and Ukraine, into a significant source of its net revenue. These nations, struggling
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Colombo, Sri Lanka — Opposition leader Sajith Premadasa announced on Thursday that, if elected president, he plans to renegotiate Sri Lanka’s agreement with the International Monetary Fund (IMF) to reduce the financial
More “What can be worse than the worst?” Seamus Heaney (The burial at Thebes) In October 2014, the Centre for Policy Analysis published its third survey mapping the thinking of the Lankan people.
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As Sri Lanka prepares for its crucial election on September 21st, Premadasa addressed key issues, including the necessity for a people’s mandate, the devastating effects of economic mismanagement, and his vision for
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