Paris (15/11 – 56) On 13 November, Sri Lankan President Ranil Wickremesinghe presented his government’s 2024 budget, emphasising the need for tough reforms until the full recovery of the cash-strapped island nation’s economy. Although Sri Lanka has managed to control its...
Brussel, Frankfurt (16/11 – 23) A levying of embargoes and export bans, the imposition of sanctions, erection of fearsome “license” (= restriction) protocol: there’s nothing new about this back-and-forth in world trade, in the eternal jousting for advantage among markets and nations...
London (15/11 – 67) Colombo Supreme Court rules that former President Gotabaya Rajapaksa and his brother, former Prime Minister Mahinda, were among several government officials whose conduct contributed to Sri Lanka’s worst economic crisis in decades. Sri Lanka’s top court...
London (15/11 – 67) The streets in Colombo, Sri Lanka, erupted into celebration on July 13, 2022 after weeks of peaceful protests forced then-President Gotabaya Rajapaksa to flee the country. Rajapaksa, long implicated in war crimes when he was defense secretary, had...
London (08/11 – 50) A U.S. development agency announced on Wednesday that it would lend $553 million to establish a deepwater shipping-container terminal at the Port of Colombo in Sri Lanka, expanding America’s effort to finance infrastructure around strategic parts of Asia. The loan...
