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Sri Lanka-Russia Business Council holds 17th AGM December, 15, 2020 The Sri Lanka - Russia Business Council of the Ceylon Chamber of Commerce held its 17th Annual General Meeting virtually on 28th October 2020. Yuri Borisovich Materiy, the Ambassador of the Russian Federation in Sri Lanka and to the Maldives graced the occasion and address the online gathering as the patron of the Council. While congratulating the newly appointed executive committee for the period 2020-2021, Yuri Borisovich Materiy stated; “Sri Lanka remains one of the key partners for Russia in South Asia. Our ties continu...

China’s massive investments in Ethiopia give it a lot to lose amid renewed sectarian violence. December 10, 2020 A Sudanese soldier speaks to Tigray refugees who fled a conflict in the Ethiopia’s Tigray region near the Lugdi border crossing, eastern Sudan, Tuesday, Dec. 8, 2020. Credit: AP Photo/Nariman El-Mofty Advertisement Media reports have hardly mentioned what the latest episode of sectarian violence in Ethiopia could cost China. Few of the East African country’s foreign investors have more to lose, however. Officials in Beijing see Ethiopia as a hub for the Belt and Road Initiat...