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IMF Welcomes Sri Lanka, Bondholders Agreement-in-Principle

The International Monetary Fund has welcomed the announcement of an agreement in principle between Sri Lanka and international bondholders’ representatives, subject to confirmation on comparability of treatment by Sri Lanka’s Official Creditors Committee. “This represents significant progress in Sri Lanka’s debt restructuring process,” said a spokeperson for the IMF. The spokesperson added that the IMF…

Will to continue strengthening friendly relationship with China – Harini
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Will to continue strengthening friendly relationship with China – Harini

The new government of Sri Lanka expects to continue strengthening friendly relationship with China, said a member of the National People’s Power (NPP) in an interview after the announcement of presidential election results. On Monday (Sep. 23), Anura Kumara Dissanayake took oaths as the 09th Executive President of Sri Lanka after emerging victorious at the…

Modi Congratulates Anura Kumara Dissanayake
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Modi Congratulates Anura Kumara Dissanayake

Indian Prime Minister Narendra Modi, currently in the United States, congratulated Anura Kumara Dissanayake on X following his victory in the Sri Lankan presidential elections. Modi emphasized that Sri Lanka is integral to India’s Neighbourhood First Policy and Vision SAGAR, expressing eagerness to strengthen cooperation between the two countries for the benefit of their peoples…

US Officially Congratulates Anura Kumara Dissanayake on Election Win
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US Officially Congratulates Anura Kumara Dissanayake on Election Win

The United States has officially congratulated Anura Kumara Dissanayake on his victory in the Sri Lankan presidential election, confirmed by vote results on September 22. US State Department Spokesperson Matthew Miller praised the people of Sri Lanka for peacefully exercising their right to vote, highlighting the election as a testament to the strength of the…

anurakumara
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International Media Brands Sri Lanka’s New President Anura Kumara Dissanayake as a Marxist Anti-Establishment Leader

Ajith Parakum Anura Kumara Dissanayake’s recent election as Sri Lanka’s president has drawn significant attention from international media, with many outlets branding him as both a Marxist and an anti-establishment leader. Media coverage highlights Dissanayake’s long-standing association with the Janatha Vimukthi Peramuna (JVP), a party with Marxist roots that once led armed insurrections in Sri…

ranil
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Synchronicity in Sri Lankan Politics
Carl Jung's Theory Reflected in Politics and Society

Ajith Parakum Carl Jung, the Swiss psychiatrist and founder of analytical psychology, delved deeply into the human psyche, introducing groundbreaking concepts like the collective unconscious, archetypes, and synchronicity. Jung believed in the significance of individuation and spiritual growth, leaving a profound impact on psychology, philosophy, and modern thinking about the unconscious mind. Synchronicity, one of…

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Sri Lanka reaches in principle agreements for restructuring sovereign debt with external commercial creditors

On the 19th of September 2024, Sri Lanka announced that it has reached Agreements in Principle on the restructuring of approximately USD$ 17.5 billion of external commercial debt (as of end 2023). These agreements have been reached with holders of its International Sovereign Bonds, following negotiations with the Ad Hoc Group of Bondholders (“AHGB”), a…

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Santhoshpuram Tribals Lose Their Homes Due to Solar Power Project
Solar Power Project

The East Coast Sea Aborigines are a marginalized group living along the coastline from Muthur in Trincomalee to Vakarai in Batticaloa. Following military conflicts in the area, particularly the Mavilaru humanitarian operation in 2006, many people from villages, including Santhoshpuram, were forced to leave. When they returned in 2009, the government allocated 200 acres of…

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Special Trains for Presidential Election Duties

The Department of Railways announced special train services to assist government officials and security personnel during the presidential election. Starting today, a train will depart from Colombo Fort to Kankasanthurai at 9 AM, with the same service scheduled for tomorrow. Additionally, two special trains will return from Kankasanthurai to Colombo Fort tomorrow and on September…