IMF Welcomes G7 Action to Support the World Exit the Pandemic Crisis
International Monetary Fund Managing Director Kristalina Georgieva made the following statement yesterday at the conclusion of her virtual participation in the G7 Leaders’ Summit: “I would like to thank Prime…
Costa Rica’s Rebeca Grynspan to Head UNCTAD
Rebeca Grynspan of Costa Rica will be the new Secretary-General of UNCTAD, the UN trade, and development body. Her nomination to the post by UN Secretary-General António Guterres was approved…
IATA Says Global Travel Restart Still Stalled In the Absence of Harmonized Measures-IATA
The International Air Transport Association (IATA) expresses frustration at the lack of coordination among governments worldwide for a data-driven risk-managed approach to re-establishing the freedom to travel while welcoming relaxation…
United States Airlifts Emergency Supplies to Help Sri Lanka Combat Covid-19 Surge
The United States continues to stand with the people of Sri Lanka in the battle against the COVID-19 surge. Yesterday, U.S. Embassy Charge d’Affaires Martin Kelly and Secretary to the…
Costly Chinese COVID Vaccine Sparks Row in Sri Lanka
Disclosure of procurement price of China’s Sinopharm vaccine in Sri Lanka has sparked a row after reports emerged that Colombo had to shell out a higher per-dose price than its…
Global trade recovered at a faster pace from the Pandemic-fueled recession compared with the past two trade recessions
World trade’s recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter, United Nations Conference on Trade and…
Sri Lankan Consumers Shifts to dining from home at a Uber Speed in 2020 – CAL Research
In line with the global shift in course towards dining from home, the Sri Lankan private consumption expenditure on dining out in restaurants and hotels experienced a steep decline whilst…
Giving 2 Doses Of Different COVID-19 Vaccines Could Boost Immune Response
Typically, if you get a COVID-19 vaccine that requires two doses, you should get two of the same vaccine. Two Pfizer shots, or two Moderna shots. Not one and then…
Sri Lanka: Chinese come calling
by Col R Hariharan Chinese defence minister’s visit The recently held Quad summit, which transformed an informal framework of the US, India, Japan, and Australia, into a formal grouping with…
Sri Lanka’s GDP to grow by 4.1% in 2021 – ADB
Sri Lanka’s Gross Domestic Product (GDP) is projected to grow by 4.1% recovering from the Coronavirus crisis on an expansive budget and stronger global demand with a marked rebound expected…