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Regional Geopolitics

Factum Perspectives: Fire, Smoke, and the Price of Everything: How the Middle East Ceasefire Lands in Colombo

By Aakil Riyaz A Ceasefire Written in the Sand On 8th April 2026, the United States and Iran agreed to a two-week ceasefire, brokered by Pakistan. Both sides, however, presented narratives far removed from what had really taken place. Iran claimed that it had forced the United States to the table, while Washington insisted that…

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Factum Perspectives: The Exhausted Hegemon: How A Long US-Israel-Iran Quagmire Reorders Global Economic Governance

By Gobinath Ponnuthurai As of March 2026, the intensification of the US-Israel-Iran conflict has moved beyond a regional security crisis, evolving into a protracted systemic shock—a “Long Quagmire.” This article argues that we are witnessing the terminal phase of unipolar economic governance. The conflict has created a profound governance vacuum where the West’s ability to…

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Factum Perspectives: Middle East Conflict and Sri Lanka’s Economic Recovery

By Professor Prasanna Perera Context: After the severe macroeconomic crisis of 2022, which led to sovereign default, foreign exchange shortages, and the largest economic contraction in the country’s post-independence economic history. At present, Sri Lanka’s inflation has dropped from 70% to only 2-3%, and GDP growth increased to 4-5% from a negative growth. Stabilization has…

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Factum Perspective: Shockwaves from the Strait: The Implications of a US–Iran Conflict for Sri Lanka

By Devmini Bandara In an increasingly interconnected world, wars rarely remain confined to the battlefield. Conflicts between major powers reverberate through global markets, supply chains, and political institutions, often impacting countries far removed from the immediate theatre of war. For the Global South, and particularly for small, import-dependent economies like Sri Lanka, the consequences…

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Factum Special Perspective: Partner to All Is Partner to None

AN ANALYTICAL DISCLOSER OF STATUS AFTER THE ACTION AT SEA  By Rear Admiral YN Jayarathna (Retd)  This is an After-Action Analysis1 of the sinking of IRIS (Islamic Republic of Iran Ship) Dena F75, a Frigate Class warship that was torpedoed on 4th March 2026 in Sri Lanka’s maritime jurisdiction. The incident happened outside the territorial waters, yet within…

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Factum Perspectives: Sovereignty on Sale: Trump, Greenland, and the Unmasking of Superpower Ambition 

By Zeenath Ayub In the 21st century, a global landscape seemingly long removed from the era of imperialist expansion has been jolted by a sudden revival of old-world territorial ambitions. This shift was brought into sharp focus by the explicit interest of US President Donald Trump in the Arctic island of Greenland – a move that challenged modern…

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Factum Perspectives: Ratification to Readiness: What the BBNJ Treaty Means for Sri Lanka’s Ocean Governance

By Aakil Riyaz The Biodiversity Beyond National Jurisdiction (BBNJ) Agreement entered into force on 17 January 2026, marking a significant shift in how the international community governs Areas Beyond National Jurisdiction (ABNJ). For a littoral state such as Sri Lanka, whose economy, environment, and maritime security are intertwined with the Indian Ocean, the agreement goes…

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Factum Perspective: When Conflict Becomes Routine: Structural Complacency in South Asia

Written by Tarun Perera South Asia is routinely portrayed as one of the world’s most unstable regions, due to it being the location of nuclear rivalry, a hotspot for radicalized militant groups, and a geopolitical landscape where some of the most intractable territorial disputes in modern international politics remain unresolved. Despite the frequent escalation dynamics and internal…

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