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Russia likely to increase Chinese yuan holdings amid Western sanctions

Russia will likely continue to add the Chinese yuan to its foreign exchange reserves, while slashing the US dollar over the medium and long...

Sri Lanka defaults on $51 billion external debt

Sri Lanka announced Tuesday it would suspend payments on its foreign debt, a step that underscores the crisis facing a government that is struggling...

China accounts for 10 per cent of Sri Lanka’s external debt – China

Sri Lanka is not caught in a debt trap by China, according to its ambassador in Beijing, as the Indian Ocean island nation seeks...

How will PM Khan’s removal affect Pakistan’s fragile democracy?

It may sound strange, given there was a parliamentary vote of no confidence, an emergency Supreme Court hearing, boisterous speeches, mysterious helicopter rides, and...

Reforms needed to bring the Sri Lankan economy back to a sustainable path – EU

The Delegation of the European Union in Sri Lanka has urged the authorities to start in-depth discussions with the International Monetary Fund (IMF) on...

Pakistan – Imran Khan loses no-confidence vote

Pakistan's Prime Minister Imran Khan has been ousted from power after losing a no-confidence vote in his leadership. The vote was held past midnight after...

The price of politics – What will happen if the West really abandons Russian gas?

On April 2, Lithuania became the first EU country to declare that it was completely abandoning Russian gas. The announcement was made amidst Moscow's...

America does not like Imran Khan in power

If imran khan’s opponents hoped their push to unseat him would move at the blistering pace of a Twenty20 cricket match, the Pakistani prime minister...

UNHRC condemns crackdown on protests in Sri Lanka

UN human rights experts urged the Sri Lankan Government to guarantee the fundamental rights of peaceful assembly and of expression during peaceful protests, amid...

SL Exports struggle under economic crisis

It is a daily struggle for Ranjith Koralage, the boss of a Sri Lankan clothing manufacturer, to find enough diesel to run his company’s...

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