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Regional Geopolitics

Factum Perspective: The economic aspect of foreign relations in South Asia

All South Asian countries, not just Sri Lanka, are facing economic problems such as a shortage of essentials commodities, rising inflation, fall in the value of the local currency against the US dollar, and social and political unrest triggered by economic issues. Only the intensity varies. The roots of these domestic problems lie both in…

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Factum Perspective: Sri Lanka, Singapore, and the politics of oil

By Rathindra Kuruwita On June 19, Sri Lanka’s Minister of Power and Energy Kanchana Wijesekera informed the media that giving the Ceylon Petroleum Corporation (CPC) a monopoly over the oil industry was a mistake, adding that the government was taking steps to allow multinational oil companies to recommence operations in the country. The Minister also…

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Factum Perspective: From “300” to the Ukraine

Manipulating Euro-Asian tensions in historiography and modern media By Vinod Moonesinghe Herodotus said that the Greeks retaliated to some Phoenicians kidnapping Io, an Argive princess, by kidnapping Europa, a Phoenician princess. These tit-for-tat abductions continued until Paris of Troy abducted Helen, wife of Menelaus of Sparta. The Persians considered the heavy-handed Greek retaliation as the…

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Factum Perspective: Pakistan’s economic storm and lessons for Sri Lanka

By Muhammad Aftab Alam Covid19-related restrictions have devasted the world’s most vulnerable economies. The situation has essentially worsened since the Russian invasion of Ukraine, crushing countries whose Gross Domestic Product depends on exports of single-source goods and services such as tourism, imports of essential goods such as fuel and gas, and sustained inflows…

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Factum Perspective: Indo-Filipino lessons for crisis-hit Sri Lanka

By Dr Ranga Kalansooriya and Zeenath Ayub Caption: Then Philippines President Ferdinand Marcos, wife Imelda Marcos with President Ronald Raegan in the White House 1981 Sri Lanka’s economy is in shambles. Exacerbating this is a political deadlock between President Gotabaya Rajapaksa and his brother and Prime Minister Mahinda Rajapaksa who are exchanging pleasantries…

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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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