Sri Lanka’s former finance minister Basil Rajapaksa, brother of president Gotabaya Rajapaksa, resigned from parliament on Thursday amid the country’s worst economic crisis in decades. “From today, I will not be involved in any government activities, but I cannot and will not step away from politics,” he told reporters. “The aim is to allow someone…
Debt-Ridden Sri Lanka Asks China to Revise $1.5 Billion Swap Deal
Sri Lanka has requested that China amend the terms of a $1.5 billion yuan-denominated swap facility so that it can be used to fund essential imports, Prime Minister Ranil Wickremesinghe said on Tuesday. The swap deal, signed by the Central Bank of Sri Lanka in March 2021, stipulates that the fund can only be used…
Cancel All Debts to China
Commentary One of the many threats to America from China runs through Sri Lanka. In that South Asian country, there are ongoing food riots. Sri Lanka owes so much to Beijing that it had to surrender one of its ports, plus 15,000 acres, for 99 years. Beijing doubtless seeks to turn the port, about 250…
China Starting Next Global Crisis by Gobbling Up Sri Lanka
Originally published by Gatestone Institute Commentary On May 12, India confirmed that it would provide a desperate Sri Lankan government 65,000 metric tons of urea, pursuant to an existing $1 billion credit line. The sale, which overrides New Delhi’s ban on the exports of the commodity, relieves severe pressure on the government of Sri Lankan President Gotabaya Rajapaksa. Sri…
Popcorn and Inspiration: ‘Monkey Kingdom’: Disneynature’s Winning Nature Documentary
G | 1h 22min | Documentary, Nature, Family | 17 April 2015 (USA) Are you among the many parents who find it difficult hitting that sweet spot when picking a movie the whole family can enjoy? Your younger preteen still favors animation while those closer to driving age gravitate towards action and comic book extravaganzas. Your spouse likes older action and…
Sri Lanka Has Only 1 Day of Petrol Stocks Left, Says New Prime Minister
Sri Lanka has only enough petrol for one day and urgently needs $75 million in foreign exchange to pay for essential imports within the next couple of days, the country’s new prime minister said on Monday. “At the moment, we only have petrol stocks for a single day,” Prime Minister Ranil Wickremesinghe said in a…
Sri Lanka’s 5-time Former Prime Minister Returns to Office Amid Turmoil
Political veteran Ranil Wickremesinghe, who has served as Sri Lanka’s prime minister five times, has been reappointed to quell escalating unrest fueled by the country’s worst economic crisis in decades. Wickremesinghe, 73, was sworn in as the country’s prime minister for the sixth time on Thursday, replacing Mahinda Rajapaksa, who resigned on Monday following violent…
Sri Lanka Issues ‘Shoot-on-Sight’ Order After 8 Dead in Violent Protests
Sri Lanka has ordered its armed forces to shoot anyone seen looting public property or causing damage in the aftermath of violent protests that killed eight people, including a ruling-party member of parliament. “Armed forces have been ordered to open fire at anyone looting public property or causing harm to others,” the Defense Ministry said…
State of Emergency Declared in Sri Lanka Amid Escalating Protests
Sri Lanka’s President Gotabaya Rajapaksa declared Friday an island-wide state of emergency for the second time since April amid sustained protests demanding his resignation. The emergency was imposed in the interests of public security, the protection of public order, and the maintenance of supplies and essential services, the Presidential Media Division said in a statement….
A Physicist’s Explanation of Why the Soul May Exist
Henry P. Stapp is a theoretical physicist at the University of California–Berkeley who worked with some of the founding fathers of quantum mechanics. He does not seek to prove that the soul exists, but he does say that the existence of the soul fits within the laws of physics. It is not true to say…
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