Sri Lanka Needs a Balanced Economic and Foreign Policy

Viewpoint by Darini Rajasingham-Senanayake * COLOMBO (IDN) — A shortage of exorbitantly privileged American Dollars, the global reserve fiat currency, which is not backed by gold, silver, oil or drugs, is the purported reason for Sri Lanka’s compounding crisis and the international media narrative of ‘famine’ in the country. The financial crisis that has brought […]

A New Coalition Issues a Statement on the Crisis in Sri Lanka

Southern Voices to be Heeded: A Call for Debt Justice, Debt Jubilee and Debt Cancellation COLOMBO (IDN) — The Coalition for Economic Democracy in Sri Lanka (CEDSL) is a group of concerned academics, activists, agricultural, fisheries and industrial workers, students, businesspersons, trade unionists, and professionals based ‘in country’ and overseas, including the diaspora, who uphold […]

Tourism in Asia Hard Hit by Three Factors

Ukraine War and Chinese Lockdowns Add Fuel to COVID’s Devastating Blow Analysis by Mohan Srilal COLOMBO (IDN) — The COVID-19 pandemic dealt a devastating blow to tourism across Asia that has been a driving force of economic growth, particularly in countries like Sri Lanka, Maldives, Thailand and Indonesia. Today there’s a trifecta of impacts on […]

ANC Leader Portrays Nation’s Wealth and Inequality

By Lisa Vives, Global Information Network NEW YORK | CAPETOWN (IDN) — Almost three decades since the end of apartheid, South Africa remains the most unequal country in the world—where the richest 10 per cent of the population owns more than 85% per cent of household wealth—a gap higher than any other country for which […]

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