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Author page: Factum Perspectives

Factum Perspective: Sri Lanka braces for tougher times as IMF talks begin

By Dr M. Ganeshamoorthy Facing its worst crisis since independence, Sri Lanka’s economy has only just begun to experience the repercussions of imprudent policymaking. The government’s announcement of the preemptive unilateral default of $51 billion announced last week has sent the country’s credit ratings catapulting. The closure of the stock exchange for five working…

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Factum Perspective: Eurasian integration is a pre-requisite for de-dollarizing Sri Lanka

By Shiran Illanperuma The NATO-Russia conflict playing out in Ukraine has brought to the fore long-simmering international tensions. These include the role of the US Dollar as the global reserve currency, and the power of the US government to unilaterally exclude nations that challenge its dominance from international trade, by sanctions and bans from international…

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Factum Perspective: The case for a credible interim government in Sri Lanka

By Chandani Kirinde Sri Lanka is making international headlines once again. There are growing calls for President Gotabaya Rajapaksa to appoint an interim government to address the urgent economic problems faced by the people, after protestors approaching his residence over a fuel crisis, power cuts, food shortage and mounting inflation clashed with police on…

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Factum Perspective: MRCC – a step forward in India’s growing influence on Sri Lanka

By LP Fresh on the heels of India’s one billion US dollar credit facility granted to support Sri Lanka’s ailing economy; news broke of cabinet ministers of Sri Lanka granting approval for the proposal to establish a Maritime Rescue Coordination Center (MRCC) in Sri Lanka. Aided by a grant of the Indian government worth six…

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Factum Perspective: Ukraine Crisis – End of NATO expansion and restoration of the “Russian World”

“I am convinced that the true sovereignty of Ukraine is possible precisely in partnership with Russia. Our spiritual, human, civilizational ties have been formed for centuries, go back to the same sources, tempered by common trials, achievements and victories. Our kinship is passed down from generation to generation. It is in the hearts, in the memory of people…

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Factum Perspective: Ukraine – A lone democracy fighting a nuclear state

By: Dr Ranga Kalansooriya and Omar Rajarathnam As of yesterday, nuclear state Russia for the third day bombarded sovereign and less powerful state Ukraine. The powerful Western democracies and NATO (North Atlantic Treaty Organization) states who vowed to stand with Ukraine are standing, not the way Ukraine and its people expected, but by issuing…

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Factum Perspective: Indo-China influence – Which way foreign policy for Sri Lanka?

By Uditha Devapriya During a recent visit to New Delhi, Sri Lanka’s Foreign Minister G. L. Peiris stated that Sri Lankans “increasingly recognise” India as a true friend. Peiris thanked India for offering much-needed assistance to the tune of USD 2.4 billion, emphasising cooperation in areas like energy security and air and sea connectivity…

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Factum Perspective: PTA Repeal or amend? Sri Lanka’s dilemma on anti-terror laws

By Jagath Liyana Arachchi and Lakna Paranamanna In a bid to appease the international community, Sri Lanka’s Foreign Affairs Minister G.L. Peiris tabled the amendments to the Prevention of Terrorism Act (PTA) the past week[1]; a move rejected by multiple international organisations including the International Commission of Jurists (ICJ) as ‘woefully inadequate’[2]. Why has the…

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