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The great unravelling
The great unravelling Real life Bond villain Klaus Schwab has become the focus of ridicule following crude attempts to remove articles praising Sri Lanka’s “Vision 2025” economic plan from the World economic Forum (WEF) website – the world’s leading proponent of the hi-tech fourth industrial revolution apparently not realising that nothing ever disappears from the internet. Sri Lanka was supposed […]
Food Riots Continue In Sri Lanka As The Military Begins Shooting
Food Riots Continue In Sri Lanka As The Military Begins Shooting The starving and hungry people of collapsing Sri Lanks have been rioting over the cost of food and lack of energy. As if things couldn’t get worse, the ruling class has taken to gunning down those who stand against being ruled. People are starving […]
Bankrupt Sri Lanka Takes Russian Crude As Fuel Crisis Depletes Stocks, Mulls Loan From China
Bankrupt Sri Lanka Takes Russian Crude As Fuel Crisis Depletes Stocks, Mulls Loan From China A foreign exchange shortage has resulted in the worst financial crisis Sri Lanka has ever endured, with shortages of everything from food to crude. Fuel supplies are down to just days, food has run out at supermarkets, and social-economic chaos has unfolded […]
Crisis-Hit Sri Lanka Defaults On Debt As It Runs Out Of Fuel
Crisis-Hit Sri Lanka Defaults On Debt As It Runs Out Of Fuel There’s no money to buy petrol, the crisis-hit Sri Lankan government said Wednesday as it urged citizens to “not to wait in line” for fuel, and following violent protests in the streets, which started in early April in the capital of Colombo and quickly […]
Sri Lanka Out of Gasoline, ‘Difficult’ Months Ahead, Prime Minister Says
Sri Lanka’s new Prime Minister, Ranil Wickremesinghe (C), visits a Buddhist temple after his swearing in ceremony in Colombo on May 12, 2022. (Ishara S. Kodikara/AFP via Getty Images) Sri Lanka Out of Gasoline, ‘Difficult’ Months Ahead, Prime Minister Says Sri Lanka has run out of gasoline and the country’s finances are “extremely precarious,” its new prime […]
Food Riots In Sri Lanka Turn Deadly As Protesters Beat Up Police, Burn Down Politicians’ Houses
Food Riots In Sri Lanka Turn Deadly As Protesters Beat Up Police, Burn Down Politicians’ Houses Two months ago, we noted the first Arab Spring 2.0 incident when, as a result of soaring food, energy (and everything else) prices, thousands of angry Iraqis took to the street to protest. Needless to say, their complaints did not get much […]
Asian country rations fuel
Asian country rations fuel Sri Lanka’s government has been under fire over shortages in food, fuel, and other essential goods Auto rickshaw drivers queue up to buy petrol near a fuel station in Colombo, Sri Lanka, April 13, 2022 © AP / Eranga Jayawardena Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) on Friday started rationing […]
Sri Lanka Cabinet Offers To Resign As Out-Of-Control Inflation Sparks Widespread Social Unrest
Sri Lanka Cabinet Offers To Resign As Out-Of-Control Inflation Sparks Widespread Social Unrest Update (1535ET): Bloomberg reports that Sri Lanka’s cabinet has submitted its resignation, a ruling party member said, amid rising public anger about the government’s economic policies that have led to soaring living costs and a foreign exchange crisis. “We gave resignations to the Prime Minister […]
Sri Lanka economists tell government to default on bond, buy food
Sri Lanka economists tell government to default on bond, buy food $500m should be redirected to pay for fuel, medicine and other essentials, experts say Sri Lankan rupee banknotes sit in a bucket at a fruit stall in Colombo. The country is running out of imported food, fuel, medicine and a key ingredient of milk […]
Lies, Damn Lies & Statistics: How the US Weaponizes Them to Accuse China of Debt Trap Diplomacy
Lies, Damn Lies & Statistics: How the US Weaponizes Them to Accuse China of Debt Trap Diplomacy With China and Russia named as the two greatest threats to continuing American hegemony end of last year, the velvet gloves have come off the Washington establishment, baring their knuckles against the Middle Kingdom in plain view of […]
More rain forecast for flood-hit SE Asia – Asia-Pacific – Al Jazeera English
More rain forecast for flood-hit SE Asia – Asia-Pacific – Al Jazeera English. People in South East Asia have been warned to prepare for more flooding, after days of heavy rain across the region that has killed dozens of people and displaced tens of thousands in Thailand, Malaysia and Sri Lanka. Weather forecasters on Sunday […]
