Sri Lanka debt crisis

Sri Lankan lawmakers choose 6-time PM Ranil Wickremesinghe as president

Sri Lankan lawmakers chose six-time Prime Minister Ranil Wickremesinghe as president Wednesday to succeed the ousted leader who fled the country in a vote that risks reigniting political turmoil in the troubled South Asian island nation.

When a head of state becomes a nation’s nightmare

It is not unknown in history that a single ruler was the cause of a nation’s downfall, the obvious case in modern times being Adolf Hitler—an elected leader—one of the best known among a collection of reviled names scattered throughout history as examples of the evil that power can degenerate into.

Bangladesh not in any Chinese debt trap, Ambassador reiterates

Chinese Ambassador to Bangladesh Li Jiming today (May 11, 2022) reiterated that Bangladesh is not in any Chinese debt trap.

India suggests IMF, World Bank to reclassify Sri Lanka as lower-income country temporarily

India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its debt.

July 20, 2022
July 20, 2022

Sri Lankan lawmakers choose 6-time PM Ranil Wickremesinghe as president

Sri Lankan lawmakers chose six-time Prime Minister Ranil Wickremesinghe as president Wednesday to succeed the ousted leader who fled the country in a vote that risks reigniting political turmoil in the troubled South Asian island nation.

May 12, 2022
May 12, 2022

When a head of state becomes a nation’s nightmare

It is not unknown in history that a single ruler was the cause of a nation’s downfall, the obvious case in modern times being Adolf Hitler—an elected leader—one of the best known among a collection of reviled names scattered throughout history as examples of the evil that power can degenerate into.

May 11, 2022
May 11, 2022

Bangladesh not in any Chinese debt trap, Ambassador reiterates

Chinese Ambassador to Bangladesh Li Jiming today (May 11, 2022) reiterated that Bangladesh is not in any Chinese debt trap.

April 25, 2022
April 25, 2022

India suggests IMF, World Bank to reclassify Sri Lanka as lower-income country temporarily

India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its debt.