If the situation persists and the United Nations fails to take a judgment call, the cascading effect of this would be catastrophic. It would end up imposing considerable strain on third world countries and no singular organization could solve the matter then. ...
The new government of Afghanistan focused on securing continued assistance for rebuilding the economy, infrastructure and military set-up of the country and, in line, it maintained close ties and understanding with India, North America, European Union, South Korea, Japan, Australia, China, Russia and the Middle East. ...
The increase in defence spending by Germany would achieve two objectives, first, it will contribute to European Security and second, it will reduce the burden on the United States, which would want to turn its focus on Indo-Pacific to counter increasingly assertive China. ...
Central Bank’s independence should be maintained and depoliticized by enacting the promised Central Bank Act that has been drafted in the parliament earlier and Government should focus on strengthening governance and reducing corruption vulnerabilities. ...
No country will be able to fully rescue Sri Lanka but if Sri Lanka wants IMF to come forward and rescue her then she has to compromise with its financial sovereignty. ...
A post – colonial state like Myanmar which is one of the most diverse countries the world is in a deep political turmoil now and how the struggle for democracy and equality is going to turn out is something that only time can tell. ...
With the current declining export trade and declining remittances, the main challenge for Sri Lanka is to get the foreign sector back on track. The country has to push back the loan repayment deadlines. ...
Russia-Ukraine conflict prompts South Asia to respect sovereign jurisdiction and territorial integrity and not to ethnicise the state in the region and it would be Pandora’s box that neither country in the region can afford to open. ...
The Obama administration’s stunningly arrogant interference in Ukraine’s domestic political affairs in 2013 and 2014 to assist demonstrators in overthrowing Ukraine’s elected, pro-Russia president was the single most audacious provocation, and it heightened tensions. ...
Sri Lankan Economy ‘On the Rocks’
This slow and gradual damage to Colombo is a matter of grave concern, and other countries caught in this vicious cycle of loans must learn lessons from the Sri Lankan experience. ...