• Home
  • About Us
  • Events
  • Submissions
  • Advertise
  • Contact Us
  • NewsVoir
  • Newswire
  • Nasheman Urdu ePaper

Nasheman

India's largest selling Urdu weekly, now also in English

  • News & Politics
    • India
    • Indian Muslims
    • Muslim World
  • Culture & Society
  • Opinion
  • In Focus
  • Human Rights
  • Photo Essays
  • Multimedia
    • Infographics
    • Podcasts
You are here: Home / Archives for News & Politics / World

Taiwan accuses China of simulating invasion on main island; North Korea slams Pelosi

August 6, 2022 by Nasheman

BEIJING: Taiwan accused the Chinese army of simulating an attack on its main island Saturday, as Beijing doubled down on its retaliation for US House Speaker Nancy Pelosi’s visit to Taipei after announcing a suspension of cooperation with Washington on key issues.-ADVERTISEMENT-Ads by 

Relations between the two superpowers have nosedived in the wake of Pelosi’s trip to China’s self-ruled neighbour — which it claims as its territory — prompting calls from the UN for an urgent de-escalation of tensions.

And Friday saw the environment become the latest victim of the geopolitical jousting, as Beijing said it would withdraw from a series of talks and cooperation agreements with Washington — most notably on climate change and defence cooperation.

The world’s two largest polluters had pledged to work together to accelerate climate action this decade and vowed to meet regularly to tackle the crisis — a deal that now looks shaky.

Beijing on Saturday continued some of its largest-ever military drills around Taiwan — exercises aimed at practicising a blockade and ultimate invasion of the island, analysts say.

Taipei said it observed “multiple” Chinese planes and ships operating in the Taiwan Strait, believing them to be simulating an attack on the self-ruled democracy’s main island.

“Multiple batches of Communist planes and ships conducting activities around the Taiwan Strait, some of which crossed the median line,” its defence ministry said in a statement, referring to a demarcation line that runs down the Taiwan Strait which Beijing does not recognise.

In a bid to show just how close China’s forces have been getting to Taiwan’s shores, Beijing’s military overnight released a video of an air force pilot filming the island’s coastline and mountains from his cockpit.

And Beijing also said they would hold a live-fire drill in a southern part of the Yellow Sea — located between China and the Korean peninsula — from Saturday until August 15.

China’s state broadcaster, CCTV, has reported that Chinese missiles have flown directly over Taiwan during the exercises — a major escalation if confirmed.

But Taipei has remained defiant, insisting it would not be cowed by its “evil neighbour”.

– ‘Punishing the whole world’ –

The scale and intensity of China’s drills have triggered outrage in the United States and other democracies, with the White House summoning China’s ambassador to Washington on Friday to rebuke him over Beijing’s actions.

And Beijing’s decision to withdraw from hard-won cooperation on climate change has now sparked wider fears about the future of the planet.

“It’s obviously worrying and raises concerns,” Alden Meyer, a senior associate at E3G, a climate-focused think tank, told AFP.

It’s “impossible to address the climate emergency if the world’s number one and number two economies and number one and number two emitters are not taking action,” he said.

“And it’s always preferable that they do that in a collaborative way.”

National Security Council spokesman John Kirby told reporters in Washington the decision was “fundamentally irresponsible.”

“They’re actually punishing the whole world, because the climate crisis doesn’t recognize geographic boundaries and borders,” Kirby said.

“The world’s largest emitter now is refusing to engage on critical steps necessary to combat the climate crisis.”

UN Secretary-General Antonio Guterres warned the two superpowers must continue to work together — for the world’s sake.

“For the secretary-general, there is no way to solve the most pressing problems of all the world without an effective dialogue and cooperation between the two countries,” his spokesman Stephane Dujarric said.

– ‘The new normal’ –

But with tensions over Taiwan having risen to their highest level in nearly 30 years with an elevated risk of military conflict, experts told AFP the latest downturn in relations between the two superpowers could be deep and long-lasting.

“The relationship is in a very bad place right now,” said Bonnie Glaser, a China expert at the German Marshall Fund.

The suspension Friday of bilateral military and maritime dialogue while China continues its military exercises was “particularly worrisome,” she said.

“We don’t know what else they will do,” she said. “We just don’t know if this is just a temporary thing.”

John Culver, a former CIA Asia analyst, said in a discussion hosted by the Center for Strategic and International Studies that Beijing’s main purpose with its military exercises was to change that status quo.

“I think that this is the new normal,” Culver said.

“The Chinese want to show… that a line has been crossed by the speaker’s visit.”

North Korea slams Pelosi over visit to DMZ

North Korea on Saturday slammed US House Speaker Nancy Pelosi over her recent visit to the heavily fortified Demilitarized Zone, calling her the “worst destroyer of international peace”.

Pelosi, who visited Seoul earlier this week following a trip to Taiwan, became the highest-ranking US official to visit the Joint Security Area (JSA) between the two Koreas since then-president Donald Trump met North Korean leader Kim Jong Un there in 2019.

Prior to the JSA visit, Pelosi discussed the “grave situation” and growing threat posed by the North’s nuclear weapons programme with her South Korean counterpart, National Assembly Speaker Kim Jin-pyo.

The pair called for “strong and extended deterrence against North Korea”, and vowed to support efforts by Washington and Seoul to achieve Pyongyang’s denuclearisation.

ALSO READ | China summons European diplomats over statement criticising military drill in Taiwan

The North on Saturday denounced Pelosi for both her discussions with Kim and her visit to the JSA.

On top of the deterrence talks, Pelosi “made her appearance even in the joint security area of Panmunjom, utterly betraying the vision of the hostile policy of the current U.S. administration towards the DPRK,” said Jo Yong Sam, an official at North Korea’s foreign ministry, using the North’s official name.

“The U.S. is just adding fuel to the fire,” Jo added in a statement carried by Pyongyang’s official Korean Central News Agency.

The JSA is the only spot along the tense, 250-kilometre (155-mile) frontier where soldiers from North Korea and the US-led United Nations Command stand face to face.

– ‘US will have to pay’ –

Pelosi’s Taiwan visit, meanwhile, drew threats and massive military drills from China, which sees the self-ruled island as a part of its territory and has vowed to take it, by force if necessary.

China is the North’s key ally and trade partner, and Pyongyang also lashed out at Pelosi over the visit.

“Pelosi, the worst destroyer of international peace and stability… incurred the wrath of the Chinese people for her recent junket to Taiwan,” the foreign ministry’s Jo said in the statement.

“The U.S. will have to pay dearly for all the sources of trouble spawned by her wherever she went.”

The rebuke from the North comes about a week after Kim Jong Un said his country was “ready to mobilise” its nuclear deterrent in any future military conflict with the United States and Seoul.

North Korea has conducted a record-breaking blitz of weapons tests so far this year, including firing an intercontinental ballistic missile at full range for the first time since 2017.

Washington and Seoul officials have repeatedly warned that the North is preparing to carry out what would be its seventh nuclear test — a move that the United States warned would provoke a “swift and forceful” response.

Filed Under: News & Politics, World

US kills Al-Qaeda chief Ayman al-Zawahiri in Kabul drone strike

August 2, 2022 by Nasheman

WASHINGTON: President Joe Biden announced Monday that the United States had killed Al-Qaeda chief Ayman al-Zawahiri, one of the world’s most wanted terrorists and a mastermind of the September 11, 2001 attacks, in a drone strike in Kabul.

In a somber televised address, Biden said he gave the final go-ahead for the high-precision strike that successfully targeted Zawahiri in the Afghan capital over the weekend.

“Justice has been delivered and this terrorist leader is no more,” Biden said, adding that he hoped Zawahiri’s death would bring “closure” to families of the 3,000 people killed in the United States on 9/11.

A senior administration official said Zawahiri was on the balcony of a house in Kabul when he was targeted with two Hellfire missiles, an hour after sunrise on July 31, and that there had been no US boots on the ground in Afghanistan.

“We are not aware of him ever leaving the safe house. We identified Zawahiri on multiple occasions for sustained periods of time on the balcony of where he was ultimately struck,” the official said.

According to the official’s account, the president gave his green light for the strike on July 25 — as he was recovering in isolation from Covid-19. Biden said there were no civilian casualties in the operation.

The US official called Zawahiri’s presence in the Afghan capital Kabul a “clear violation” of a deal the Taliban had signed with the US in Doha in 2020 that paved the way for the US withdrawal from Afghanistan.

It was the first known over-the-horizon strike by the United States on an Al-Qaeda target in Afghanistan since American forces withdrew from the country on August 31, 2021.

Zawahiri, an Egyptian surgeon who grew up in a comfortable Cairo household before turning to violent radicalism, had been on the run for 20 years since the 9/11 attacks. He took over Al-Qaeda after Osama bin Laden was killed by US special forces in Pakistan in 2011, and had a $25 million US bounty on his head.

Over the weekend the Afghan interior ministry denied reports circulating on social media of a drone strike in Kabul, telling AFP a rocket struck “an empty house” in the capital, causing no casualties.

Early Tuesday in Kabul, however, Taliban spokesman Zabihullah Mujahid tweeted that an “aerial attack” was carried out on a residence in the Sherpur area of the city.

“The nature of the incident was not revealed at first. The security and intelligence agencies of the Islamic Emirate investigated the incident and found in their preliminary investigations that the attack was carried out by American drones,” his tweet said.

The news comes a month before the first anniversary of the final withdrawal of US troops from Afghanistan, leaving the country in the control of the Taliban insurgency that fought Western forces over the preceding two decades.

Under the 2020 Doha deal, the Taliban promised not to allow Afghanistan to be used again as a launchpad for international jihadism, but experts believe the group never broke their ties with Al-Qaeda.

“What we know is that the senior Haqqani Taliban were aware of his presence in Kabul,” the Biden official said.

Taliban interior minister Sirajuddin Haqqani also heads the feared Haqqani Network, a brutal subset of the Taliban blamed for some of the worst violence of the past 20 years and which has been described by US officials as a “veritable arm” of Pakistani intelligence.

Doctor turned jihadist

Zawahiri, 71, lacked the potent charisma that helped bin Laden rally jihadists around the world, but willingly channelled his analytical skills into the Al-Qaeda cause. He was believed to be the main strategist — the real mastermind who steered operations, including the September 11 attacks, as well as bin Laden’s personal doctor.

Al-Qaeda is believed to have been degraded in the years since the US invasion of Afghanistan, and the White House official said Zawahiri was “one of the last remaining figures who carried this kind of significance.”

The organization, agreed Soufan Center researcher Colin Clarke, is “at a crossroads.”

“Despite Zawahiri’s leadership, which minimized AQ’s losses while rebuilding, the group still faces serious challenges going forward. For one, there’s the question of who will lead al Qaeda after Zawahiri’s gone,” he said.

Zawahiri’s father was a renowned physician and his grandfather a prayer leader at Cairo’s Al-Azhar institute, the highest authority for Sunni Muslims.

He became involved with Egypt’s radical Muslim community at a young age and published several books which came for many to symbolize the radical Islamist movement.

He left Egypt in the mid-1980s, heading for Pakistan’s northwestern city of Peshawar where the resistance to the Soviet occupation of Afghanistan was based.

It was at that time, when thousands of Islamist fighters flooded into Afghanistan during the 1980s, that Zawahiri and bin Laden met, and in 1998 he became one of five signatories to bin Laden’s “fatwa” calling for attacks against Americans.

Jihadist monitor SITE said some militants were questioning the veracity of the report he had been killed, while others believed Zawahiri had achieved his desire of “martyrdom.”

As for Al-Qaeda’s future without him, SITE said jihadists were bullish, with one writing: “If Sheikh Ayman al-Zawahiri is dead, there are a thousand Aymans.”

Filed Under: News and politics, World

President Wickremesinghe invites Sri Lankan parties to form national government

July 30, 2022 by Nasheman

President Wickremesinghe invites Sri Lankan parties to form national government
Sri Lankan President Ranil Wickremesinghe

Colombo: Sri Lankan President Ranil Wickremesinghe has written to members of Parliament, inviting them to form an all-party national government to help the bankrupt country to recover from the worst economic crisis.

The government is currently engaged in great efforts to gradually restore normalcy to the political and social unrest created by the economic crisis that the country is facing today,” Wickremesinghe said in the letter on Friday.

“Accordingly, initial plans required to implement a systematic economic programme are being formulated while preliminary measures are also being undertaken for the creation of economic stability, he added.

Wickremesinghe said a programme could only be implemented with the participation of all political parties represented in Parliament, expert groups and civil society.

He also proposed to start a dialogue with parties on the reintroduction of the 19th Amendment to the Constitution.

The 19A adopted in 2015 pruned presidential powers by empowering Parliament above the executive president. Wickremesinghe was the main sponsor of the 19th Amendment in 2015.

However, the 19A was scrapped after Gotabaya Rajapaksa won the November 2019 presidential election.

Sri Lankan MPs on July 20 elected Wickremesinghe as the country’s new president, with the majority of the vote coming from lawmakers representing ousted President Rajapaksa’s Sri Lanka Podujana Peramuna (SLPP) party.

There were only two non-SLPP lawmakers in the Cabinet appointed on Friday. Constitutionally, the Cabinet can be extended up to 30 members.

The 73-year-old President was appointed for the rest of the term of Rajapaksa who initially fled to the Maldives and then to Singapore.

Rajapaksa is accused of mishandling the economic crisis, the worst since 1948. Wickremesinghe was appointed prime minister by Rajapaksa in mid-May.

He was tasked with reviving the economy by giving early solutions to fuel, cooking gas and power shortage problems, which triggered mass agitations against Rajapaksa.

The government declared bankruptcy in mid-April by refusing to honour its international debt.

Wickremesinghe on Wednesday said his government’s main priorities are to fix the country’s ailing economy and end the severe fuel shortage that has exacerbated after the last shipment under the Indian credit line arrived in the country in June.

Filed Under: News and politics, World

Twitter sets September shareholder vote on Elon Musk buyout

July 28, 2022 by Nasheman

DOVER: Twitter has set Sept. 13 as the date for its shareholders to vote on the company’s pending buyout by Tesla CEO Elon Musk.

The company said in a regulatory filing on Tuesday that it is recommending shareholders vote for the $44 billion deal to be completed.

The date is ahead of the yet-to-be specified start date of the October trial in the dispute between the billionaire, who is seeking to abandon the deal, and the San Francisco company. Twitter has sued Musk in Delaware after he said wanted to walk away from the deal.

“We are committed to closing the merger on the price and terms agreed upon with Mr Musk. Your vote at the special meeting is critical to our ability to complete the merger,” Twitter said in a letter to its shareholders.

Earlier Tuesday, attorneys for Musk accused Twitter of slow-walking document production in advance of the trial to decide whether the Tesla CEO should be forced to complete the deal.

Musk’s lawyers also said in a court filing that Twitter Inc. attorneys have refused to consent to a proposed Oct. 17 trial date and are insisting on an Oct. 10 trial start, using the uncertainty over a trial date to delay other scheduling discussions.

Attorneys for Musk claimed that Twitter’s proposed case schedule is “an obvious attempt to squeeze defendants” after a Delaware Chancery Court judge agreed last week to hold an expedited trial in a lawsuit filed by Twitter.

“Given the compressed timeframe, guidance from the court is necessary to break the impasse to allow things to move forward promptly,” attorney Edward Micheletti wrote in asking Chancellor Kathaleen St. Jude McCormick to grant Musk’s proposed case schedule. A spokesman for Twitter said the company had no comment on Tuesday’s court filing.

Musk agreed in April to buy Twitter and take it private, offering $54.20 a share and vowing to loosen the company’s policing of content and to root out fake accounts. As part of the deal, Musk and Twitter had agreed to pay each other a $1 billion breakup fee if either was responsible for the deal collapsing.

Twitter shares closed Tuesday at $39.34, well off their 52-week high of $71.92. Musk, the world’s richest man, indicated earlier this month that he wants to back away from the deal, prompting Twitter to file a lawsuit to hold him to what it describes as a “seller-friendly” agreement.

With an October trial looming, Micheletti told the judge Tuesday that Twitter has refused to begin producing certain categories of documents that are “plainly relevant” and “easily collected and produced.” He said Twitter lawyers instead have claimed that several categories of documents are not relevant, without identifying them.

The documents sought by Musk’s attorneys include Twitter board minutes and related materials, advertising sales and metrics, and manuals and policies regarding “Monetizable Daily Active Usage or Users,” or mDAU. That is a metric that Twitter uses to measure the number of people or organizations using its platform.

Musk has claimed that Twitter has failed to provide him with enough information about the number of fake accounts on its service, but the company has estimated for the past several years that fewer than 5% of mDAU are spam or fake accounts.

Musk’s attorneys also contend that Twitter has refused to provide them with raw data that it maintains in the ordinary course of business, and which requires significant “machine time” and software development to be processed and analyzed by expert witnesses by a proposed Monday deadline.

Twitter said last month that it was making a “fire hose” of raw data on hundreds of millions of daily tweets available to Musk.

Attorneys for Musk are asking McCormick to approve the Oct. 17 trial date and to order Twitter to immediately produce “core documents” and to produce all raw data by Monday.

“Given the timeline until trial, every day counts,” Micheletti wrote. Tuesday’s court filing suggests that Musk plans to file his answer to Twitter’s complaint later this week.

Filed Under: Business & Technology, World

Sri Lankan President Wickremesinghe says he is not a ‘friend’ of Rajapaksas, vows to bring change

July 21, 2022 by Nasheman

President elect Ranil Wickremesinghe greats supporters upon his arrival at a buddhist temple in Colombo, Sri Lanka, Wednesday, July 20, 2022. (Photo | AP)

The 73-year-old veteran politician was on Wednesday elected as Sri Lanka’s President by lawmakers and sworn in on Thursday as the 8th president, days after former president Gotabaya Rajapaksa fled the country and then resigned.

The anti-government protesters, who succeeded in forcing the powerful Rajapaksa family to leave their official positions amidst the unprecedented economic crisis, are also demanding Wickremesinghe’s resignation as he is seen as close to Gotabaya Rajapaksa.

After being elected as the President, Wickremesinghe visited the Gangarama Temple, one of the oldest Buddhist temples in Colombo, on Wednesday.

When asked how he will be different from the Rajapaksas as he is an old friend of theirs, Wickremesinghe said, “How am I an old friend of the Rajapaksas? I’ve been opposing them all this time,” the new President said.

He further said that “I am not a friend of the Rajapaksas, I am a friend of the people. I have worked earlier with (former president Chandrika) Kumaratunge. She belonged to one party, and I belonged to another. For me to work with a President from another party does not mean I am his friend,” the President said.

He also said he would give the change the people want, and stressed that is a friend of the people. Wickremesinghe said he is looking at the opportunity to strengthen his United National Party.

He also commented on the storming and vandalisation of iconic government buildings here on July 9 and subsequent days. He said that forcibly occupying the President’s Office, and the Prime Minister’s Office is illegal, and legal action will be taken against people who engage in such illegal acts.

Protesters burnt down Wickremesinghe’s private home. “The Aragalaya was against the system. We must allow those who engage in peaceful dissent to do so. We can also respond to them,” he said.

Aragalaya is the Sinhalese word for ‘struggle’.

However, an Aragalaya should not be used to topple governments, torch houses, or occupy important offices. “That is not democracy, those are illegal acts,” said the President.

In recent months, the three brothers from the Rajapaksa family – finance minister Basil Rajapaksa, prime minister Mahinda Rajapaksa and president Gotabaya Rajapaksa – were forced to resign for mishandling the economy that results in the island suffering its worst crisis since 1948.

Sri Lanka needs about USD 5 billion in the next six months to cover basic necessities for its 22 million people, who have been struggling with long queues, worsening shortages and power cuts.

Filed Under: News & Politics, World

UAE leader in France to discuss Russian energy alternatives

July 19, 2022 by Nasheman

Macron said last week that his government would prepare a “sobriety plan’ to conserve energy and that France keeps looking to diversify gas sources.

PARIS: French President Emmanuel Macron is hosting the leader of the United Arab Emirates on Monday to ensure energy supplies from the oil-rich Gulf country as Europe prepares for the possibility of a total cutoff of Russian natural gas in retaliation for sanctions over the war in Ukraine.

Mohammed bin Zayed Al Nahyan is in Paris on the first state visit to France since he was appointed president of the Western-allied nation of seven sheikhdoms in May.

Sheikh Mohammed has been the nation’s de facto leader since 2014 and has built new alliances across the Middle East and Europe. He met with US President Joe Biden over the weekend. France has deep ties to the UAE, and the two leaders have developed a personal relationship.

It paid off during Macron’s visit to Abu Dhabi last year resulting in a 16 billion-euro (USD 18 billion) arms deal with the Gulf ally, the largest-ever French weapons contract for export.

The leaders will focus on the war in Ukraine and the resulting energy supply issues for France and Europe, according to a French presidency official, speaking to reporters on condition of anonymity in line with customary policy.

The official added that Macron and Sheikh Mohammed are “working on the signing of a bilateral agreement on hydrocarbons and on guarantees for the supply of hydrocarbons”to France.

As the war in Ukraine rages into the sixth month and Europe is in the grip of a sweltering heat wave, the European Union countries are bracing for a potential Russian gas shutdown amid soaring energy prices, inflation and a cost-of-living crisis across the 27-member bloc.

Russia has cut off or reduced natural gas —which keeps the industry running generates electricity and heats homes in the winter —to a dozen European countries.

A major gas pipeline also closed for scheduled maintenance last week, and there are fears that flow through Nord Stream 1 between Russia and Germany will not restart. Leaders have been scrambling to fill underground storage by the beginning of fall in an effort to avert an economic and political crisis in winter.

Italian Prime Minister Mario Draghi is visiting Algeria on Monday to finalise deals boosting natural gas supplies from the North African country to Italy.

Macron said last week that his government would prepare a “sobriety plan’ to conserve energy and that France keeps looking to diversify gas sources. He called for a faster shift toward offshore wind farms and more European cross-border energy cooperation “as we prepare ourselves for the scenario where we have to go without all Russian gas.”

French Finance Minister Bruno Le Maire said last month that the country has been in discussions with the UAE regarding supplies of oil and diesel to find “an alternative to Russian petrol”. The UAE could provide a “temporary solution”, Le Maire told the French radio station Europe1.

TotalEnergies CEO Patrick Pouyanne said in Parliament last week that the French energy giant is “discussing an agreement to have access to diesel and fuel from the Emirates this winter.”

He said the company’s efforts are part of the French initiative to secure sufficient energy and make up for the loss of Russian supplies. The UAE’s energy exports to France are dominated by refined petroleum products and reached the record sum of 1.5 billion euros in 2019.

The US Energy Information Agency cites figures estimating the UAE holds the seventh-largest proven reserves of natural gas in the world, at over 215 trillion cubic feet.

The country, which lies on the eastern coast of the Arabian Peninsula along the Persian Gulf, is among the world’s 10 largest oil producers, with most of the country’s oil and gas wealth concentrated in Abu Dhabi. Human rights groups have called on Macron to remind his UAE counterpart of his country’s poor human rights record.

“For years, the UAE has systematically crushed dissent,” Human Rights Watch said in a statement ahead of Monday’s visit. “Activists, lawyers, teachers, students, and those deemed critics are arrested, prosecuted, and detained, women and LGBT people face discrimination.”

In an example of the ties between the nations, French warplanes and personnel are stationed in a major facility outside the Emirati capital, Abu Dhabi, which is also the home of The Louvre museum and Sorbonne university outlets in the Gulf nation.

Filed Under: News and politics, World

After COVID, now civil unrest dents Sri Lanka’s spiralling lucrative tourism industry further

July 16, 2022 by Nasheman

Tourism accounts for about 5 per cent of Sri Lanka’s Gross Domestic Product (GDP), with Britain, India and China being the main markets.

COLOMBO: Sri Lanka, a popular destination for holidaymakers, should be teeming with tourists at this time of year.

Instead, an unprecedented economic crisis and political turmoil have all but wreaked its tourism with about 40 per cent of the pre-bookings being cancelled recently.

Tourism accounts for about 5 per cent of Sri Lanka’s Gross Domestic Product (GDP), with Britain, India and China being the main markets.

Sri Lanka is facing its worst foreign exchange crisis after the COVID-19 pandemic hit the island nation’s earnings from tourism and remittances.

According to the Sri Lanka Tourism Development Authority (SLTDA), the number of tourist arrivals decreased by 60 per cent in June.

Director General of SLTDA Dhammika Wijesinghe said the situation had arisen due to the unprecedented economic crisis.

As per SLTDA data, 106,500 tourists arrived in March 2022, but the number dwindled to 32,856 in June.

Wijesinghe said July and August are the best months for tourism in Sri Lanka.

“During those two months, tourists mainly visit the East.

They also tend to visit Kandy in August for the perahera (a Buddhist festival).

However, given the fuel shortages travelling in Sri Lanka is a difficult task.

About 40 per cent of the pre-bookings have been canceled by foreign tourists,” he said.

Tourist coach operators claim that they were forced to drastically increase their fares due to the prevailing fuel shortage which has adversely affected tourism because those who visit Sri Lanka informed others of the situation in the country.

Namalsiri Kottawa, a tourist coach operator, told the ‘The Island’ newspaper that tourists could not even find their way from the hotel to the nearest town.

“The minister of energy says that fuel is available to tourist coaches.

However, it is not so.

Either you spend a week at a gas station to get 15 to 20 litres of fuel or you buy from the black market.

Both are not viable options,” he was quoted as saying in the report on Friday.

A series of back-to-back crises over the last few years, including the coronavirus pandemic and the 2019 Easter Sunday terror attacks, has brought Sri Lanka’s tourist-dependent economy to a halt as the country shut its borders and imposed lockdowns and curfews.

Tourism earned Sri Lanka USD 4.4 billion and contributed 5.6 per cent to GDP in 2018, but this dropped to just 0.8 per cent in 2020.

The government was left with a large deficit.

Sri Lanka fell back on its foreign exchange reserves to pay off government debt, shrinking its reserves from USD 6.9 billion in 2018 to USD 2.2 billion this year, according to an IMF briefing.

“Our economy has faced a complete collapse,” Prime Minister Raniil Wickremesinghe told Sri Lanka’s Parliament last month, adding the government was seeking help from its global partners and the International Monetary Fund (IMF) to stabilise the economy.

This year, Sri Lankans have been grappling with long power cuts, shortages of fuel and gas and soaring prices of food.

The government imposed curfews and declared a state of emergency in April, and again in May and July amid unrest over the economic crisis.

The country of 22 million people is facing an unprecedented economic turmoil, the worst in seven decades, leaving millions struggling to buy food, medicine, fuel and other essentials.

Schools have been suspended and fuel has been limited to essential services.

Patients are unable to travel to hospitals due to the fuel shortage and food prices are soaring.

Trains have reduced in frequency, forcing travelers to squeeze into compartments and even sit precariously on top of them as they commute to work.

In several major cities, including Colombo, hundreds are forced to stand in line for hours to buy fuel, sometimes clashing with police and the military as they wait.

The country, with an acute foreign currency crisis that resulted in foreign debt default, had announced in April that it is suspending nearly USD 7 billion foreign debt repayment due for this year out of about USD 25 billion due through 2026.

Sri Lanka’s total foreign debt stands at USD 51 billion.

Filed Under: News and politics, World

Sri Lankans on edge ahead of President Rajapaksa’s promised resignation on Wednesday; bakery items see massive price hike

July 13, 2022 by Nasheman

Rajapaksa, whose whereabouts are not known since Friday, was blocked from departing Sri Lanka on Monday after refusing to join a public queue at the Colombo airport in order to have his passport checked by immigration, CNN reported, citing a high-ranking military source.

It said Rajapaksa’s aides arrived at the airport with 15 passports belonging to the president and members of his family – including First Lady Ioma Rajapaksa – who had booked seats on a Sri Lankan Airlines flight leaving for Dubai at 6:25 p.m. local time on Monday, according to the military source.

Immigration officers declined to process the passports given to them by presidential aides, as Rajapaksa and his family were not physically present for cross-checks and, eventually, the flight departed without the president and his family on board, the source added.

Earlier, Rajapaksa’s younger brother and ex-finance minister Basil Rajapaksa tried to leave Sri Lanka but was stopped by immigration officials at the airport.

Basil, the 71-year-old leader who is being widely held responsible for the country’s worst economic crisis which has heaped misery on the people, tried to leave the country on Monday night through the VIP terminal of Colombo airport.

The Sri Lanka Immigration and Emigration Officers Association said the immigration officials objected to serving him at the VIP clearance line and even the passengers of the Emirates flight to Dubai had objected to his leaving.

Basil, a US passport holder, resigned as finance minister in early April as street protests intensified against shortages of fuel, food and other necessities and quit his seat in parliament in June.

Hours later, a petition was filed in the Supreme Court seeking an interim order restraining former prime minister Mahinda Rajapaksa and other influential officials of the Rajapaksa regime from fleeing the country without the prior approval of the apex court.

The petitioners also sought an order to take legal action against those responsible for financial irregularities and mismanagement of the Lankan economy, news portal dailymirror.lk reported.

Besides Mahinda, the petition urged travel restrictions on Basil, former Central Bank governors Ajith Nivard Cabraal and W D Lakshman, and former finance secretary S R Atygalle.

The employees of Sri Lankan Airlines withdrew from their duties from noon in a bid to prevent responsible officials involved in the country’s present crisis from leaving, the Daily Mirror newspaper reported.

President Rajapaksa has informed both Speaker of Parliament Mahinda Yapa Abeywardena and Prime Minister Ranil Wickremesinghe that he will resign on July 13, days after protesters stormed his official residence in rage over the island nation’s worst economic crisis.

Speaker Abeywardena is expected to publicly announce President Rajapaksa’s resignation to the nation on Wednesday.

The Sri Lanka Air Force on Tuesday rejected reports that President Rajapaksa was currently staying at a private house belonging to its chief Air Marshal Sudarshana Pathirana, describing it as “propaganda” to tarnish the force’s image.

Meanwhile, Sri Lanka’s political parties have stepped up efforts to form an all-party government and subsequently elect a new President on July 20 to prevent the bankrupt nation sliding further into anarchy.

A meeting was held between the main opposition Samagi Jana Balavegaya (SJB) and former president Maithripala Sirisena’s Sri Lanka Freedom Party (SLFP).

Parties have begun campaigning for the support of possible candidates.

The SJB said they will campaign for the appointment of Sajith Premadasa as the interim President.

Premadasa said on Monday that his party was ready to lead the country at the presidential and prime ministerial level and develop the economy.

Under the Sri Lankan Constitution, if both the president and prime minister resign, the Speaker of parliament will serve as acting president for a maximum of 30 days.

The Parliament will elect a new president within 30 days from one of its members, who will hold the office for the remaining two years of the current term.

The political uncertainty prevails in Sri Lanka where the distribution of cooking gas has resumed alongside the delivery of fuel to retailers by the Indian Oil Company after a stoppage on Sunday.

Long queues are still seen at fuel pumps.

The price of a 450 gram loaf of bread will be hiked by Rs 20 from midnight Wednesday while other bakery items will see a price increase of Rs 10 in crisis-hit Sri Lanka due to a spike in the cost of wheat flour.

The protesters continue to occupy the three main buildings in the capital, the President’s House, the presidential secretariat and the prime minister’s official residence, Temple Trees, calling for their resignations.

The sites have been opened for public thronging the residences since Saturday to find out as to what lies behind the most protected places in the country.

Sri Lanka, a country of 22 million people, is under the grip of an unprecedented economic turmoil, the worst in seven decades, leaving millions struggling to buy food, medicine, fuel and other essentials.

Prime Minister Wickremesinghe last week said Sri Lanka is bankrupt.

The Sri Lankan government has confirmed that the urea imported from India is suitable for paddy cultivation and other crops, according to a media report on Tuesday, amidst indications that the crisis-hit country may encounter a food shortage by mid-August.

Sri Lanka on Sunday received 44,000 metric tonnes of urea, the first consignment of 65,000 MT urea to be provided under the Indian loan assistance programme as part of New Delhi’s ongoing efforts to support the country’s farmers and help bolster bilateral cooperation for food security.

The samples of the urea were sent to a local laboratory and the National Fertiliser Secretariat received the report on the biuret content of the fertiliser on Monday afternoon, the Ministry of Agriculture said as quoted by Internet newspaper colombopage.com.

According to news portal newsfirst.lk, the Fertiliser Secretariat has confirmed that the urea imported from India is suitable for Sri Lanka’s paddy cultivation and other crops.

The government report states that the biurate percentage of the urea is 0.9 per cent.

Previously, three international laboratory reports were obtained regarding the fertiliser and those reports stated that the percentage of biurate is 0.65 per cent, it said.

Generally, the biurate percentage of urea used in Sri Lanka is 1 per cent.

Accordingly, arrangements have been made to distribute the urea to agricultural service centres across the island by Ceylon Commercial Fertiliser Company.

Last month, Agriculture Minister Mahinda Amaraweera met Indian High Commissioner to Sri Lanka Gopal Baglay and sought India’s help for food security and environmental protection in the island nation, as it faces the worst economic crisis in its post-independence history.

In May, India assured Sri Lanka to immediately supply 65,000 metric tonnes of urea to avoid any disruption to the current Yala cultivation season in Sri Lanka.

Yala is the season of paddy cultivation in Sri Lanka that lasts between May and August.

President Gotabaya Rajapaksa’s decision last year to ban chemical fertiliser imports in order to turn into a green economy has caused a food shortage with crop losses amounting to 50 per cent.

Rajapaksa later admitted that his decision to ban chemical fertilisers to go 100 per cent organic was wrong.

Agriculturists have warned that the country may encounter a food shortage by mid-August in the ongoing economic crisis.

India has committed more than USD 3 billion to debt-ridden Sri Lanka in loans, credit lines and credit swaps since January this year.

Sri Lanka’s annual fertiliser imports cost USD 400 million.

Sri Lanka, a country of 22 million people, is under the grip of an unprecedented economic turmoil, the worst in seven decades, crippled by an acute shortage of foreign exchange that has left it struggling to pay for essential imports of fuel, and other essentials.

The country, with an acute foreign currency crisis that resulted in foreign debt default, had announced in April that it is suspending nearly USD 7 billion foreign debt repayment due for this year out of about USD 25 billion due through 2026.

Sri Lanka’s total foreign debt stands at USD 51 billion.

The price of a 450 gram loaf of bread will be hiked by Rs 20 from midnight Wednesday while other bakery items will see a price increase of Rs 10 in crisis-hit Sri Lanka due to a spike in the cost of wheat flour, an industry association announced on Tuesday.

The decision to hike the prices was taken due to an increase in price of a kilogramme of wheat flour by Rs 32 on Monday, Sri Lanka’s Daily Mirror news website quoted the All Ceylon Bakery Owners’ Association President N.K.

Jayawardena as saying.

A kilogramme of wheat flour previously priced at Rs 84.50 in the market is now sold at more than Rs 300, the association president explained.

“The rupee value against the dollar does not exceed Rs 400, but the flour price has increased to Rs 300 in the local market and thereby the price of wheat flour has gone up by 400 per cent,” Jayawardena said.

Sri Lanka, a country of 22 million people, is under the grip of an unprecedented economic turmoil, the worst in seven decades, leaving millions struggling to buy food, medicine, fuel and other essentials.

Schools have been suspended and fuel has been limited to essential services.

Patients are unable to travel to hospitals due to the fuel shortage and food prices are soaring.

President Gotabya Rajapaksa has officially conveyed to Prime Minister Ranil Wickremesinghe that he will resign on July 13 as previously announced, the PM Office said on Monday, days after protesters stormed both leaders’ homes in rage over the government’s mishandling of the country’s worst economic crisis.

Protesters since Saturday continue to occupy the three main buildings in the capital, the President’s House, the presidential secretariat and the prime minister’s official residence Temple Trees.

The country, with an acute foreign currency crisis that resulted in foreign debt default, had announced in April that it is suspending nearly USD 7 billion foreign debt repayment due for this year out of about USD 25 billion due through 2026.

Sri Lanka’s total foreign debt stands at USD 51 billion.

Filed Under: News and politics, World

Sri Lanka’s economy has ‘completely collapsed’: Wickremesinghe

June 23, 2022 by Nasheman

COLOMBO: Sri Lanka’s economy has “completely collapsed” and it is facing a far more serious situation beyond the mere shortages of fuel, gas, electricity, and food, Prime Minister Ranil Wickremesinghe warned on Wednesday, underscoring the urgency of arriving at an early agreement with the IMF to obtain an additional credit facility.

Sri Lanka has been facing the worst economic crisis since independence in 1948 which has prompted an acute shortage of essential items like food, medicine, cooking gas, and fuel across the island nation.

Giving an update to Parliament on the government’s mitigation measures taken so far, Wickremesinghe, also the finance minister, said, it is no easy task to revive a country with a “completely collapsed” economy, especially one that is dangerously low on foreign reserves.

“If steps had at least been taken to slow down the collapse of the economy at the beginning, we would not be facing this difficult situation today. But we lost out on this opportunity. We are now seeing signs of a possible fall into the very bottom. However, we must come out of this situation. If not, we will be unable to seek solutions to any other issue in the country,” he said.

“We are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food. Our economy has faced a complete collapse. That is the most serious issue before us today. These issues can only be resolved through the reviving of the Sri Lankan economy. In order to do this, we must first resolve the foreign reserves crisis faced by us,” he said.

For Sri Lanka, the Prime Minister said, the only safe option now is to hold discussions with the International Monetary Fund. “In fact, this is our only option. We must take this path. Our aim is to hold discussions with the IMF and arrive at an agreement to obtain an additional credit facility, ” he said.

“The nearly-bankrupt country, with an acute foreign currency crisis that resulted in foreign debt default, had announced in April that it is suspending nearly USD 7 billion foreign debt repayment due for this year out of about USD 25 billion due through 2026. Sri Lanka’s total foreign debt stands at USD 51 billion. The foreign currency crisis has crimped imports, creating severe shortages of food, fuel, electricity and other essentials like medicines, forcing people to stand in long lines to fulfill basic needs. The Indian credit lines since January this year have provided a lifeline to Sri Lanka amidst growing public dissent over the worsening economic conditions. But Wickremesinghe said India would not be able to keep Sri Lanka afloat for too long.

“We have taken loans amounting to USD 4 billion under the Indian credit line. We have requested more loan assistance from our Indian counterparts. But even India will not be able to continuously support us in this manner. Even their assistance has its limits. On the other hand, we too must have a plan to repay these loans. These are not charitable donations,” he said.

Wickremesinghe said that currently, the Ceylon Petroleum Corporation is USD 700 million in debt.

“As a result, no country or organisation in the world is willing to provide fuel to us. They are even reluctant to provide fuel for cash,” he said.

He informed lawmakers that USD 70 million from the World Bank and USD 20 million from Sri Lankan Government funds will be paid to import 100,000 MT of gas to solve the issue soon.

He said that on Monday, an IMF team arrived in Sri Lanka and the talks with the group will continue for the next several days.

“We have concluded the initial discussions and we have exchanged ideas on various sectors such as public finance, finance, debt sustainability, stability of the banking sector and the social security network,” he said.

“We intend to enter into an official level agreement with the IMF by the end of July,” he said.

He said representatives of the financial and legal advisory firms Lazard and Clifford Chance are now in Sri Lanka to assist in its debt restructuring efforts.

The framework for debt repayment restructuring is being formulated, he said.

He said that next Monday, a team of representatives from the US Department of the Treasury will also arrive in Sri Lanka.

He said that Sri Lanka will organise a credit aid conference which will be led by main lending countries — India, Japan and China.

“There have been some conflicts and disagreements between us in the recent past. We are working towards resolving these and fostering friendly relations once again. Each country has different processes for granting loans. Through the credit aid conference, we hope to arrive at a general consensus on the lending processes,” he said.

“If we receive the IMF seal of approval, the world will once again trust us. It will help us to secure loan assistance as well as low-interest loans from other countries in the world,” the Prime Minister said.

The government is also holding discussions with the World Bank, Asian Development Bank, the United States, other friendly nations and heads of state to secure interim short-term loans till the country receives IMF support.

“We will be able to lay the foundation to ensure economic stability following the successful completion of these tasks. But this by no means will be the end. In fact, it will be the beginning of our journey. A new journey toward a stronger economy. We will then have to forge ahead with our plans to strengthen and create a new Sri Lankan economy,” he said.

Underling that the government is also working towards introducing political reforms, he called on the country’s two main opposition parties to attend parliament immediately and support the passing of the 21st amendment to the Constitution and agree to establish the new parliamentary committee system.

Lawmakers of the country’s two main opposition parties are boycotting Parliament this week to protest against Wickremesinghe, who became prime minister just over a month ago and is also finance minister, for not having delivered on his pledges to turn the economy around.

“As I have mentioned before, the situation we face today is in no way normal. I have repeatedly stated that Sri Lanka has not faced a crisis of this magnitude in its recent past. Once we have established a firm economic foundation you can hand over power to any political party as per your wish at an election and elect 225 suitable representatives to Parliament,” he said.

He said currently, Sri Lanka is in need of USD 550 million to meet its monthly fuel needs.

“However, in the face of the economic crisis, we are experiencing difficulties in securing the necessary funds for this purpose. As a result of this, we will take steps to import the maximum fuel stocks possible based on our dollar income. Resolving the fuel shortages will take more time. Therefore I request you to economise when using fuel,” he said.

Filed Under: News & Politics, World

Pervez Musharraf’s family denies rumors of his demise, says he is hospitalized in UAE

June 11, 2022 by Nasheman

Dubai: The family of former Pakistan President General (retd.) Pervez Musharraf on Friday dismissed the rumors of his death and stated that his health is deteriorating and he is hospitalized in UAE.

The former leader, who ruled the country from 2001 to 2008, is admitted to American Hospital in Dubai.

Earlier this evening, social media was flooded with rumors of Musharraf’s passing.

“He is not on the ventilator. Has been hospitalized for the last 3 weeks due to a complication of his ailment (Amyloidosis),” they said in a tweet.

The former President is “going through a difficult stage where recovery is not possible and organs are malfunctioning”, they added, requesting prayers for “ease in his daily living.”

Filed Under: News and politics, World

  • « Previous Page
  • 1
  • …
  • 35
  • 36
  • 37
  • 38
  • 39
  • …
  • 134
  • Next Page »

Follow Us

  • Facebook
  • Twitter
  • YouTube

KNOW US

  • About Us
  • Corporate News
  • FAQs
  • NewsVoir
  • Newswire
  • Realtor arrested for NRI businessman’s murder in Andhra Pradesh

GET INVOLVED

  • Corporate News
  • Letters to Editor
  • NewsVoir
  • Newswire
  • Realtor arrested for NRI businessman’s murder in Andhra Pradesh
  • Submissions

PROMOTE

  • Advertise
  • Corporate News
  • Events
  • NewsVoir
  • Newswire
  • Realtor arrested for NRI businessman’s murder in Andhra Pradesh

Archives

  • February 2026 (6)
  • January 2026 (12)
  • December 2025 (6)
  • November 2025 (8)
  • October 2025 (12)
  • September 2025 (25)
  • August 2025 (46)
  • July 2025 (110)
  • June 2025 (28)
  • May 2025 (14)
  • April 2025 (50)
  • March 2025 (35)
  • February 2025 (34)
  • January 2025 (43)
  • December 2024 (83)
  • November 2024 (82)
  • October 2024 (156)
  • September 2024 (202)
  • August 2024 (165)
  • July 2024 (169)
  • June 2024 (161)
  • May 2024 (107)
  • April 2024 (104)
  • March 2024 (222)
  • February 2024 (229)
  • January 2024 (102)
  • December 2023 (142)
  • November 2023 (69)
  • October 2023 (74)
  • September 2023 (93)
  • August 2023 (118)
  • July 2023 (139)
  • June 2023 (52)
  • May 2023 (38)
  • April 2023 (48)
  • March 2023 (166)
  • February 2023 (207)
  • January 2023 (183)
  • December 2022 (165)
  • November 2022 (229)
  • October 2022 (224)
  • September 2022 (177)
  • August 2022 (155)
  • July 2022 (123)
  • June 2022 (190)
  • May 2022 (204)
  • April 2022 (310)
  • March 2022 (273)
  • February 2022 (311)
  • January 2022 (329)
  • December 2021 (296)
  • November 2021 (277)
  • October 2021 (237)
  • September 2021 (234)
  • August 2021 (221)
  • July 2021 (237)
  • June 2021 (364)
  • May 2021 (282)
  • April 2021 (278)
  • March 2021 (293)
  • February 2021 (192)
  • January 2021 (222)
  • December 2020 (170)
  • November 2020 (172)
  • October 2020 (187)
  • September 2020 (194)
  • August 2020 (61)
  • July 2020 (58)
  • June 2020 (56)
  • May 2020 (36)
  • March 2020 (48)
  • February 2020 (109)
  • January 2020 (162)
  • December 2019 (174)
  • November 2019 (120)
  • October 2019 (104)
  • September 2019 (88)
  • August 2019 (159)
  • July 2019 (122)
  • June 2019 (66)
  • May 2019 (276)
  • April 2019 (393)
  • March 2019 (477)
  • February 2019 (448)
  • January 2019 (693)
  • December 2018 (736)
  • November 2018 (570)
  • October 2018 (611)
  • September 2018 (692)
  • August 2018 (666)
  • July 2018 (468)
  • June 2018 (440)
  • May 2018 (616)
  • April 2018 (772)
  • March 2018 (338)
  • February 2018 (157)
  • January 2018 (188)
  • December 2017 (142)
  • November 2017 (122)
  • October 2017 (146)
  • September 2017 (176)
  • August 2017 (201)
  • July 2017 (222)
  • June 2017 (155)
  • May 2017 (205)
  • April 2017 (156)
  • March 2017 (178)
  • February 2017 (195)
  • January 2017 (149)
  • December 2016 (143)
  • November 2016 (169)
  • October 2016 (165)
  • September 2016 (137)
  • August 2016 (115)
  • July 2016 (116)
  • June 2016 (124)
  • May 2016 (170)
  • April 2016 (150)
  • March 2016 (199)
  • February 2016 (201)
  • January 2016 (216)
  • December 2015 (210)
  • November 2015 (174)
  • October 2015 (281)
  • September 2015 (241)
  • August 2015 (250)
  • July 2015 (188)
  • June 2015 (216)
  • May 2015 (281)
  • April 2015 (306)
  • March 2015 (296)
  • February 2015 (280)
  • January 2015 (245)
  • December 2014 (286)
  • November 2014 (254)
  • October 2014 (185)
  • September 2014 (98)
  • August 2014 (7)

Copyright © 2026 · News Pro Theme on Genesis Framework · WordPress · Log in