‘There’s no middle class in Sri Lanka anymore – money is worthless’

Standing in the darkness of her empty living room, Chamari Silva wears a defeated look on her face as she surveys the scene. It wasn’t meant to be like this. Decades of gruelling hard work saw Ms Silva rise from a working class background to run a luxury dress boutique on one of Colombo’s most expensive shopping streets. Ms Silva regularly attended parties at Colombo’s eye-wateringly expensive hotels. She took her extended family on holiday to Dubai, and then Australia. The wife of Sri Lanka’s current Prime Minister was a regular…

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Sri Lanka Stock Exchange To Stop Trading For 5 Days From April 18 Amid Deepening Crisis

Securities And Exchange Commission of Sri Lanka has announced on Saturday, April 16, that it is in discussion with the Colombo Stock Exchange to suspend the stock market for five business days effective from April 18, Monday. As the island nation reels under the worst economic crisis since its independence, Colombo Stock Exchange (CSE) was left with no option but to temporarily halt trading. This would give the investors more timeframe window to plan further, keeping in mind the country’s economic conditions. The order was communicated by board of directors of the…

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Sri Lankans persist in demanding president to resign

STORY: Demonstrations have raged across Sri Lanka for weeks as people angered by prolonged power cuts and shortages of fuel and medicine demand the president’s resignation. On Saturday, the numbers had surged to tens of thousands with deafening roars of anti-Rajapaksa slogans mingling with singing and dancing to tunes mocking the incumbent president at the protest site in Colombo located near Rajapaksa’s office, which has been named “Gota-Go Village” by some. The island nation is in the throes of its worst financial crisis since independence in 1948, with a foreign…

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For the first time Gotabaya must be feeling lonely at the top. Having been accustomed to fawning public hailing him as a national hero for over a decade, it must be a rude shock to see ‘Go back Gota’ as the unifying cry of the people protesting all over the island.

By Col. R.Hariharan Gotabaya Rajapaksa’s presidency probably reached the point of no return, after 41 members of the ruling Sri Lanka Podujana Peramuna (SLPP) coalition partners withdrew their support to the government on 5 April. Two days earlier, the President had disbanded his cabinet, in a bid to form an all-party government to tide over the financial crisis. His call had no takers because the Opposition parties see Gotabaya as a loser and want him out of office. The main opposition, Samagi Jana Balawegaya (SJB), the 10-party alliance as well…

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Army urges public not to be misled by false reports

The Army has urged the public not to be misled by false reports claiming there is an attempt by the military to launch an assault on protesters in Colombo. Issuing a statement, the Army said that it has been brought to their notice that certain interested parties were giving misleading and concocted interpretations and propagating baseless, unfounded and provocative allegations. The Army said that such allegations aim to discredit and tarnish the image of the Army as well as its dedicated members serving across the island.……………….

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Downfall Of Sri Lanka Started In 1948; Accelerated In 1978; Completed In 2022

By Asoka Seneviratne – Asoka Seneviratne In 1948, soon after Brits lost India, the crown jewel of its empire, they gave us independence too. What value is tiny Sri Lanka when precious India was gone? As much as all Lankans with an ounce of national pride would not like to admit, the Brits were right when they had great doubt if as a nation; Sri Lankans were mature enough to manage a democracy. Our downfall as a partially free, dominion nation started right then and there. First we appointed an ancestrally wealthy…

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Will Parliament Endorse The People’s Call For Rajapaksa Resignations?

By Rajan Philips – Rajan Philips There are three Ps in Sri Lanka’s political firmament: the People, Parliament and the President. But they are not peas in a pod. There is a massive disconnect between the political protests of the people and the survival games that pro-government MPs, the Prime Minister and the President are playing. The President is playing hide and seek from the people and getting his handful of Ministers to say that their boss is ‘not going to budge.’ The Prime Minister, the family’s only communicator comes on television…

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