Financial Repression News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

China has limited its involvement in crises in Venezuela, preferring to secure its economic interests and avoid reputational cost.

It took a year-long RBI campaign of hiking policy rates for our bank deposits to broadly turn remunerative. Covid had driven rates below inflation and its effect may have left some scars.

Ambassador Palitha Kohona was invited as the guest speaker at the China International Gem and Jewelry Exhibition in Beijing on March 16 attended by many Chinese dignitaries and specialists in the gem and jewelry field. Those present included former Minister of the Ministry of Geology and Mineral Resources and President of Gems & Jewelry Trade […]

SJB MP Eran Wickramaratne Friday said politicians who did not have any experience in statecraft destabilized the country.Addressing a press conference on Friday, he said Sri Lanka has sent a message to the world by agreeing to an IMF program. “It indicates that we are running the country with some financial discipline. Then we will be […]

ECONOMYNEXT –The government debt has risen to 115.2 percent of gross domestic product by end 2022 from 104.5 percent a year earlier based on the latest national account estimates by the island’s statistics office. Sri Lanka’s central bank’s gross debt was about 4.66 percent of gross domestic product. The central bank has also spent special […]

The Sri Lankan government debt has risen to 115.2 per cent of Gross Domestic Product (GDP) by the end of 2022 from 104.5 per cent a year earlier, according to

“State bodies not asked to move their accounts” People’s Bank Friday countered what it called “misleading media reports” saying that not a single state institution has made any ‘direct or indirect requests or instructions’ to transfer their existing accounts from the People’s Bank to other banks.In a statement the People’s Bank said that there were […]

The Embassy of Switzerland to Sri Lanka and the Maldives together with the International Organization of la Francophonie will be hosting a theatrical performance of French and Swiss songs across three key cities in Sri Lanka with the view of celebrating Francophonie 2023, the annual celebration of the French language and Francophonie cultures with “Les […]