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726 Articles
Opinion

Costly dependence on oil

Sri Lanka’s vulnerability to global energy shocks has rarely been subtle. Each time geopolitical tensions intensify in the Middle East or supply disruptions...

History has a peculiar way of repeating itself; sometimes as tragedy, sometimes as warning. Four years later, Sri Lanka appears to be drifting toward a familiar pattern. This time the problem is not the absence of foreign exchange reserves. On paper, the country now possesses enough cash to pay for essential imports such as fuel, coal, gas and medicine
Politics

Distant war, familiar crisis: Sri Lanka’s next biggest test

By Vox Civis For a small island nation that sits far from the deserts of the Middle East, Sri Lanka has an uncanny...

News Feature

From war to the pump: Oil shock reaches Sri Lanka

By Madhusha Thavapalakumar Sri Lanka’s most recent fuel price increase is the latest sign of how global energy shocks continue to reverberate through...

International

China to provide $2,00,000 for victims of bomb attack on Iranian school

China on Friday said it will provide $2,00,000 in emergency humanitarian assistance to the students killed in an airstrike on an elementary school...

Opinion

Sir Mark’s mantra for leaders and attracting FDI

By Dinesh Weerakkody Sir Mark Tucker, delivering the keynote address at the Chairman and CEOs Forum organised by the Sri Lanka Institute of...

Opinion

Partner to all is partner to none

By Rear Admiral YN Jayarathna (Retd) This is an After-Action Analysis1 of the sinking of IRIS (Islamic Republic of Iran Ship) Dena F75, a...

International

Iran’s new supreme leader vows to block Strait of Hormuz in first statement

Iran will continue blocking the Strait of Hormuz, the world’s busiest oil shipping channel, according to a statement attributed to Iran’s new Supreme...

International

US temporarily allows sale of Russian oil stranded at sea

The US Treasury Department ⁠license allows the sale of Russian oil already loaded onto vessels for the next 30 days In a temporary...