
This post was originally published on Michael West Media.
This post was originally published on Michael West Media.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on Michael West Media.
This post was originally published on Michael West Media.
This post was originally published on Michael West Media.
Colombo,
Sri Lanka’s deteriorating foreign-exchange shortage has seriously impacted the energy and education sector, which largely depends on imports.
Sri Lankan government admitted on Monday that it has run out of cash to buy paper and fuel. Gas stations across the country have out of fuel and examination in the schools has been postponed while, worsening the foreign reserves crisis has crippled the island nation’s economy.
Sri Lanka’s current economic situation does not even have sufficient US dollars to pay for two shipments of fuel. The fuel shipments have arrived today, but we are unable to pay for it, Sri Lanka’s Energy Minister Udaya Gammanpila said.
Last week, state-owned refinery Ceylon Petroleum Corporation (CPC) said that CPC out of money to procure supplies from abroad. The CPC suffered USD 415 million losses in 2021 due to the sale of diesel at prices fixed by the government. Energy minister warned about the approaching fuel shortages due to the dollar crisis twice in January and once earlier this month.
The fuel shortage has led to long queues at understocked pumps across the country. Gammanpila estimated that the only way out of this mess is by increasing the retail prices of fuel. The minister also urged the government to reduce the customs duty on fuel imports in order to pass the benefits to the public.
Earlier this month, Sri Lanka bought 40,000 metric tons of diesel and petrol from major Indian Oil Corporation to meet the urgent energy requirements in the economic crisis. India a committed partner and a true friend of Sri Lanka. The High Commissioner Gopal Baglay handed over 40,000 MT fuel consignments by Indian Oil Company, a statement issued by the Indian High Commission.
The delivery of the fuel by India came amidst the announcement of Sri Lankan Finance Minister Basil Rajapaksa’s visit to India in a fortnight to formalize India’s economic relief package for the country facing a serious forex crisis. Last month, India announced a USD 900 million bail out to Sri Lanka to build up its tired foreign reserves and for food imports, amid a shortage of almost all essential commodities in the country.
This post was originally published on VOSA.
This post was originally published on The Asian Age | Home.
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Improved human rights | A chant for Putin | Dame Caroline Haslett | Boycotting P&O
During his trip to Saudi Arabia, Boris Johnson praised the country’s improved human rights record (Boris Johnson upbeat on Saudi oil supply as kingdom executes three more, 16 March). As only three men were executed during his visit there, compared with 81 at the weekend, is that what Johnson means by an improving human rights record?
Jim King
Birmingham
• During the Vietnam war, when Lyndon B Johnson was US president, demonstrators chanted daily outside the White House: “Hey, hey, LBJ, how many kids did you kill today?” The same question would no doubt be asked of Putin by Russians (Survivors leaving basement of Mariupol theatre after airstrike, say officials, 17 March), if they did not live yet again under a repressive dictatorship.
David Winnick
London
This post was originally published on Human rights | The Guardian.
The UK needs to reduce its reliance on Russian oil. But the answer is not a kingdom that has just staged its largest mass execution
Did Boris Johnson feel a flicker of alarm when the news broke that Saudi Arabia had executed 81 men just days before his in trip to meet Crown Prince Mohammed bin Salman? The prime minister is not famed for being a man of conscience, but he has a solid grasp of optics. He surely knows that shaking hands with an autocrat who has just overseen a mass killing will harm Britain’s moral standing on the global stage, at a time when this could not be more important.
Since Jamal Khashoggi was lured into the Saudi consulate in Istanbul in 2018 and murdered, western leaders have mostly stayed away from the kingdom and avoided photo ops with the crown prince.
Maya Foa is the director of Reprieve, a legal charity that works against grave human rights abuses
Continue reading…This post was originally published on Human rights | The Guardian.
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British PM hopes to persuade Gulf state to raise oil and gas production to reduce reliance on Moscow
Boris Johnson has compared Vladimir Putin to a drug dealer who managed to hook western nations on Russian supplies of oil and gas, ahead of a trip to the Middle East in an attempt to diversify the sources of Britain’s energy imports.
The UK prime minister urged European countries to “get ourselves off that addiction” and said he wanted support from “the widest possible coalition” to help offset the pressures caused by spiralling oil and gas prices.
Continue reading…This post was originally published on Human rights | The Guardian.
This post was originally published on The Asian Age | Home.
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The post An open letter to non-Indigenous people who work in Indigenous affairs appeared first on IndigenousX.
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This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.
This post was originally published on The Asian Age | Home.