“China ready to work with relevant countries, intl financial institutions to help Sri Lanka tackle current difficulties: FM”
The remarks came after foreign media claimed that Sri Lanka, mired in economic and debt crises and suffering political instability, is in discussions with Japan, and possibly with China in the future, on “bridge financing.”
Filed under accountability, centre-periphery relations, charitable outreach, China and Chinese influences, debt restructuring, economic processes, foreign policy, governance, historical interpretation, Indian Ocean politics, island economy, landscape wondrous, politIcal discourse, power politics, security, self-reflexivity, sri lankan society, travelogue, unusual people, world events & processes
Orcadian’s NOTES in response to Benjamin Norton’s Revelatory Essay on the Sources of Debt faced by Sri Lanka
A = “NORTON’S article needs to be tattooed on the brains of every mindless Western journalist, every Western academic, everyone at the BBC, over the brains of Mike Pompeo, over Abe’s tombstone, over Morrison and Turnbull’s brain and over the Sri Lankans who repeatedly lie or fail to acknowledge that the vast majority of debt Sri Lanka owes is to the West, not to China. There was NEVER a China debt trap. That was a false narrative propagated by Western interests to disguise the true picture about the vast US and Western debt trap.”
Filed under accountability, american imperialism, australian media, British imperialism, centre-periphery relations, China and Chinese influences, citizen journalism, debt restructuring, disparagement, doctoring evidence, economic processes, education, governance, historical interpretation, IMF as monster, Indian Ocean politics, island economy, life stories, Pacific Ocean politics, politIcal discourse, power politics, Rajapaksa regime, security, self-reflexivity, slanted reportage, sri lankan society, taking the piss, the imaginary and the real, tourism, transport and communications, trauma, truth as casualty of war, unusual people, welfare & philanthophy, world events & processes
Sanjeewa Jayaweera, in The Island, 3 July 2022, where the title runs thus “When will the Gang of Four be held accountable for their irresponsible decisions?”
Most living in Sri Lanka feel like they have got into the boxing ring with Muhammad Ali. The ferocious punches thrown regularly are taking their toll, with most either on their knees or on the canvas. The final punch that will knock us out seems inevitable, but the question is when? Cabraal, W D Lakshman, P B Jayasundara and S R Attyglla
The Group of Four: SR Attygalle, N. Cabraal, PB Jayasundera, WD Lakshman
The pounding started initially with queues to buy milk powder for children, which then got extended to buying cooking gas, then to long power cuts, and now to queues extending several kilometres to buy petrol, diesel, and kerosene. Along the journey of suffering, we have also been penalized with hyperinflation. The saying “it never rains but it pours” seems so accurate.
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Chandrasena Maliyadde = “Beating the Fuel and Energy Crisis”
The shortage of fuel and energy has brought the whole of Sri Lanka to a standstill and its citizenry of all walks to mile-long queues. It disrupts social movements, economic activities, business and production of all scales in all the sectors. Addressing the Parliament, on 7th June, Prime Minister (PM) has stated that we have to find $3,300 million for fuel and $250 million for gas over the next six months and that “We need to find new ways as an alternative to the traditional ways if we are to elevate the country from this position”.
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STATEMENT ON THE CRISIS IN SRI LANKA. Southern Voices to be Heeded: A Call for Debt Justice, Debt Jubilee and Debt Cancellation
The Coalition for Economic Democracy in Sri Lanka (CEDSL) is a group of concerned academics, activists, agricultural, fisheries and industrial workers, students, business persons, trade unionists, and professionals based ‘in country’ and overseas, including the diaspora, who uphold the values of economic rights and justice in public policy making.
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thuppahi
