Stay updated with breaking news from மலிந்த. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Imperialist land grab – Relevance of Thoradeniya's latest novel – The Island island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
Fri, 22 Jan 2021 00:00 UTC Bringing together the US emergency bank lending crisis and the now massive Covid response, I ve concluded that one of the main reasons it is happening, apart from the corporate looting, is because of a historic event, the USA s economic collapse and the dollar s demise, which started just weeks before this Covid operation kicked off, and has been put on hold by a world wide manufactured economic freeze . The end of Extend and Pretend A few months before Covid appeared, the Fed were busy pouring literally trillions of dollars into the US banks, to prevent inter-lending bank-runs which were starting to develop. These were the same tectonic fissures that developed prior to the 2008 crisis, where the banks became so distrustful of each other s solvency, that they massively increased interest rates to each other to factor in the risk. If unsuppressed the lending rates would continue to rise, laying a path to bank failures and a contagion which ....
By Our Political EditorView(s): Questions about how COVID-19 pandemic is being handled; controversy over Kegalle witchcraft doctor’s concoction and Health Minister’s conduct Mahara Prison catastrophe: Ministers talk in different tongues while official committee says prisoners made reasonable demand Though Shangri La , a name synonymous with an earthly paradise or a mythical Himalayan utopia, the event at the five-star luxury hotel in Colombo last Wednesday, with all movers and shakers of the government, was less grandiose. To the glitter of crystal chandeliers and music from a group that played traditional music with a Violin, Tabla, flute and Seraphina at the Grand Ballroom, Prime Minister Mahinda Rajapaksa, entertained members of the government parliamentary group to dinner. As one of his aides explained, it was a traditional event last Wednesday, as Finance Minister, to thank the MPs for taking part in the 21-day budget debate. Though the opposition ....