THE FOUNDATION "If, from the more wretched parts of the old world, we look at those which are in an advanced stage of improvement, we still find the greedy hand of government thrusting itself into every corner and crevice of industry, and grasping the spoil of the multitude." Thomas Paine (1791).
Sri Lanka tea prices which hit a record national average of 725 rupees in February, but has is seeing pressure after Russia invaded Ukraine, despite lower volumes offered, auction results show.
Sri Lanka s tea sector is braced for a fallout from Russia s invasion of Ukraine and sanctions which has led to a collapse of the Russian ruble as weekly auctions starts Tuesday.