‘Before you study the economics, study the economists!’
e-Con e-News 18-24 September 2022
The US war on Europe and Russia, along with the threat of nuclear weapons, recalls their World War 2 Prime Minister of Canada William Lyon Mackenzie King’s expressed relief that the first atomic bomb used against humans was dropped on the Japanese rather than ‘whites’. This was recorded in his 1945 diary, made public after the 30-year publication prohibition on secret government material. He recorded: ‘It is fortunate that the use of the bomb should have been upon the Japanese rather than upon the white races of Europe.’ – ee Politics, Canadian Chief
• ‘The Handmaid’s Tale, a book made into a movie and tv series, appears to have no memory that large parts of the Americas (particularly but not only the US) saw whole states dedicated to ‘breeding’ people to enslave (see SB’s discussion in The Political Economy of Underdevelopment, p64-65). However, a slavish mentality that fails to strive beyond the limitations of imperialism, has been bred deep among our ruling oligarchy, far from those slavering Atlantic shores.
• And so it is that it is they who now wish to charge us with ‘economic crimes’ and even demand we pay ‘reparations’ for a 30-year war inspired, funded, promoted and trained by our very accusers. They demand another commission. There should be a commission to investigate those people calling for commissions. Especially, the High Commissions!
As noted once again this week, ‘Sri Lanka has a strong case for demanding & obtaining reparations from all 3 European colonial powers, ie, the Portuguese, Dutch, and the English.’
This ee examines the demand of Caribbean nations for reparations for slavery (see ee Focus). The timing is auspicious. The previous Charles II inaugurated the largest English commerce of the 17-18th centuries – chattel slavery. The institution of chattel slavery saw its greatest flowering during Charles II’s reign. His brother’s Royal African Company over the centuries turned into the English multinational Unilever, which still controls Sri Lanka’s economy to this day.
Real reparations would however involve not just matters of money, but of capital, not just about ‘fair trade’, but of replacing the mechanisms of underdevelopment.
• Welcome to ee’s 4th Anniversary. ‘How long can this keep going on?’, was a daily refrain of SBD de Silva – to whom this blog is dedicated. SB was not just speaking of the orgy of luxury consumption by a ruling class (of whom politicians are the more-visible representatives!) but the continued destabilizing of even the feeblest attempts at a modern industrial economy.
SB was no purveyor of economists’ fairy tales. Our media usually work overtime to ‘maintain the narrative’ of the great paradisiacal Lipton’s Tea Garden – the fair&lovely-minded English had bequeathed us in 1948. Evident in this week’s embarrassment of anglomania for an English-German monarch who more than any other oversaw the stunting if not sabotage of all our attempts at independence.
We recall SB’s response to the Sunday Times’ ‘eminent’ economist Nimal Sanderatne, who claimed, ‘Most of the country’s post-independent economic history has been dictated by pandering to populism rather than responding to economic imperatives.’
‘So was it populism retaining the plantation system and allowing English banks and companies to withdraw the capital they had stolen from the country for centuries?’ SB asked. ‘Is it populism that has prevented a modern industrial strategy?’
SBD’s monumental classic, The Political Economy of Underdevelopment identified the import-export plantation mafia as the main obstacle to such a transformation of the country. SB would not be surprised that, despite the upheavals of the last few years, little has actually changed. Truth be told, the oligarchy has no intention to change a decadent status quo.
It could easily have instituted rationing and prevented price gouging, as the English imposed during their World War 2. It could initiate discussions with China and Russia to help engage an industrial plan.
Yet, the oligarchy is too anchored to a sinking white world. Instead of going to Samarkand, Sri Lanka’s President went against the east wind again, back to London
• The Jive of Economic Crimes – The economy’s meltdown, long maintained – since 1948 at least by the rolling-over of debt like a impecunious merchant – saw a fast unraveling of the economy with Covid, the choking of chains, the loss of supplies, and tourists, a scenario exacerbated by the monopoly control of key industries and prices. It’s also becoming more evident every day that the US, EU and England have been behind the present economic and political turmoil, to maintain their waning hegemony. The US, blocking Sri Lanka’s relations with China, Russia and Iran, etc, has muddled into the present imbroglio. The US has demanded that the Central Bank refuse to allow Sri Lanka to join the Russian payment system.
A Daily Mirror opinion piece, ‘Russia has suggested it could do business with Sri Lanka’: ‘Neighbouring India, already engages with Russian business houses using Russian currency and Indian rupee for payments and purchases. As such there could be no opposition to making similar arrangements with Russia to ease our financial crisis.’
The Daily Mirror is of course acting coy. They know full well that we are being obstructed. The English have always demanded their control over our foreign policy (ee Focus, Dominion Status).
The Wijeya Group media monopoly has been one of the main purveyors of relentless anti-China and anti-Russia invective. As such they have served their white masters well. Indeed, the Wijeya Group’s founders were directly involved in the English exiling of Anagarika Dharmapala, after their assassination of his brother. Of course the entire media, as a subset of the moneylender-merchant nexus, itself another subset of the Financial Advertising & Military Industrial Complex
Take the USA’s Bill HR 7311, called ‘a racist affront to African sovereignty designed to dictate what bilateral relations African states are permitted to have’. As the only African member of the G20, South African President Cyril Ramaphosa recently urged the US not to ‘punish’ the whole continent by forcing nations to demonize or sanction Russia. Washington’s introduction of legislation 7311, dubbed the Countering Malign Russian Activities in Africa Act, he says, ‘will harm Africa and marginalize the continent’.
• As days tumble on, more and more evidence is unearthed of the role of the US & EU, particularly the English, in waging information and economic wars on Sri Lanka. Last month had big news about Elon Musk buying Twitter, but less coverage about his use of ‘fanbots’ – algorithms to drive up his own ‘social media’ popularity.
This week, the English media, who have a habit of being unable to keep secrets, letting it out in abstruse fictions, revealed how English foreign policy meddling and media was driven by the needs of Shell & BP. This of course is but a small part of the truth. Check Random Notes for news on white NGOs setting up media ‘influencers’ to wage ‘narrative’ wars on enemy territory (but not much news on their own). This ee also looks at the manipulation of voters using the latest technologies (i360) to disseminate disinformation to promote corporate control. What else is new?
• Ukraine’s Killer Klown, who has turned ‘governance’ into a video production unit, teleprompting US State and Treasury Departments’ dictat as national policy, has to give us new-news everyday. Zelensky was scheduled to deliver a headline speech at a major US national war industry (NDIA) conference on September 21 in Austin Texas. However, a week later, there is still no mention of his address. National Defense Industrial Association members include Raytheon Technologies Corp and Lockheed Martin Corp, which jointly produce Javelin antitank weapons (elevated into ‘sainthood’ in Ukraine). Other top war-makers, including Boeing Co, Northrop Grumman Corp, General Dynamics Corp and L3Harris Technologies Inc, also sell the Pentagon weapons to fight Russia. Washington has already provided more than $10billion in weapons since Feb 24.
And yet, lo and behold, Sri Lanka came up on Zelensky’s gunsights, when he announced, Ukraine had rescued ‘7 Sri Lankan Medical Students’ who had been ‘tortured by Russia‘. Just in time for the UN in Geneva perhaps to examine the ‘economic crimes’ that drove these students of medicine to such laboratories of war. With typical clownish hyperbole, Zelensky announced they had had their fingernails torn out. But then the ‘students’ soon appeared all giving ‘thumbs up’ with smirks on their faces. In a parallel universe an investigation is being undertaken to examine the link between these labor traffickers and NATO governments, not to mention the ‘human rights’ gamers at the UN.
• The disgraceful failure of the UN Secretary General and the UN’s IAEA to challenge the US and EU’s threats to attack nuclear plants shows that Sri Lanka cannot rely on such institutions as presently constituted.
• Instead of reinforcing the Sri Lankan state, this week noted the blatant interference by such UN agencies as the World Bank, UNF, WFP, FAO, UNDP, etc., reinforcing their grip over education, finance, food, agriculture, etc. policy under the guise of various crises.
• The hullabaloo about a ‘global food crisis’ is ‘basically a cheap hoax perpetrated by the Biden Administration to get Russia to allow the sale of wheat held up in Ukrainian silos to the European market by US companies, who have apparently bought up Ukraine’s farm lands and control that country’s grain trade! Only a fraction of the grain shipments from Ukraine went to poor countries threatened by famine. Suffice to say, US & EU pressure on India’s purchase of Russian oil was nothing but bullying’ (ee Sovereignty, India’s Gaffe).
Fertilizer (& food) is intimately linked to fuel. Fuel is controlled by a few multinationals led by Rockefeller’s Exxon. In Sri Lanka, last year saw the full power unleashed by their local ‘agricultural’ agents Hayleys, Lankem, CIC, Unipower, CropLife, Baurs, who on Sept 6 attended with top government officials, a SL Agripreneurs’ Forum (SLAF, agribusiness front made up of those agricultural ‘scholars’ – who crawled out of the woodwork to oppose the supposed fertilizer ban – led by a CIC Director & Peradeniya Professor). Their main demands are not surprising: the protection & promotion of plantation & export agriculture. While they oppose any bans on imports ‘of major agri inputs, such as seeds, fertilizers, agrochemicals, Agri machinery, and overall inputs’.
This ee Agriculture notes the World Bank’s role in preventing local food production, promoting export agriculture instead. In the last years of his life, SBD steadied his focus on identifying the roots of underdevelopment in rural life, in the failure to fully inspire the labor power of the villages, and the need to harmonize the cycles of modern industrial production with the needs of rice growing in particular. The dominance of moneylender and merchant sees surpluses drained to Colombo. Multinationals like Unilever dominate the crucial home market, which directs profits to London rather than invest in modern production here.
This week’s harangue over the electricity supply to temples may mask the larger loss of energy – from the rest of the country to Colombo, and beyond.
A1. Reader Comments –
• Cricket Soul • Geneva Season • ee Excess • Faking Fakes • Why Multinationals Love Sri Lanka
A2. Quotes of the Week
• Born-Again NGOs • Three Denied Dead Queen • US Media Fail • 16 out of 240 Years of War • Oil Palm Multinationals • Bolivia Rejects IMF • Chile & Lithium • NGO-Thinktank-Media-Academic • 8 VIP US Banks • US to Split Russia • 3 Pillars of Inflation • Dollar Domino • PornHub Bubbles
A3. Random Notes –
• Indian Diplomatic Poetry • No to IMF • Port City Bonanza • Why China Wants FTA • China Nays Finance Gurus • Covert English Wars • Buying US Candidates Data
B. ee Focus
B1. Dominion Status vs Independence
B2. IMF Tells Bolivia to Drop Its Successful Economic Model, Sept 21
B3. Caribbean’s 10-Point Reparation Plan
C. News Index
A1. Reader Comments
ee thanks Readers who send articles of interest. Please excerpt or summarize what is important about any news sent, or your comments, and place any e-link at the end. Email: email@example.com
• ‘Cricket is our soul. We love it. Even in hunger, we embrace it.’
• ‘It’s Geneva season and the Daily Mirror comments section has gone into overdrive.’
• ‘Do keep exceeding all expectations. I am curious how many people ee now reaches, and whether the numbers keep growing?’
• ‘Faking scarcity? So is there a hefty amount of dollars in our coffers?’
• ‘Most of Sri Lanka’s dollars are parked outside and invested in real industry… only outside. Ask Unilever, P&G, Nestle, Standard Chartered, Citibank, etc. Why are they in Sri Lanka? To do charity?’
A2. Quotes of the Week_
• ‘The majority of Non-Government Organisations also given a hearing at the UN assembly were Baptists, Evangelicals, Franciscans and the so-called Transnational Government of Tamil Eelam and those with exotic names like ‘Global Life-Savers’.’ – ee Sovereignty, Geneva Charade
• ‘England has not invited 3 countries to attend [their Queen’s] funeral. Russia, Belarus (or the country we call Belarus), and Myanmar. There are sanctions, it is said, against those countries. I know Myanmar is a proud country, even though it is poor. We are also poor. We have no pride. They have lots of pride.’ – ee Politics, Acting as a Colony
• ‘The US media shows the desperation on the part of the ‘Collective West’ to isolate Russia at a time when even western leaders have candidly admitted the bulk of the non-western world does not identify with the western narrative on Ukraine and refuses to roll back their relationship with Russia.’ – ee Sovereignty, India’s gaffe at Samarkand
• ‘The US was not at war for only 16 years of its 240-plus years of history, he noted, adding, after the Cold War, the US launched military operations 7 times more frequently than before.’ – ee Sovereignty, US should stop being world’s largest maker of war
• ‘Industrial palm-oil production in West & Central Africa is mainly controlled by 5 multinational corporations – Socfin, Wilmar, Olam, Siat, Straight KKM (former Feronia) – and could continue expansion. Plantations take up large tracts of land. Land & water are interdependent. Yet, the current water crisis in these territories would not exist if corporations had not grabbed the land from communities.’ – ee Agriculture, Oil Palm Plantations
• ‘In a recent speech in Brazil, Bolivia’s President Luis Arce stated, the country’s impressive growth is due to rejecting IMF recommendations; ‘We are in better conditions because, since 2006, Bolivia doesn’t have a single agreement with the IMF. In 2020 with the de facto government, they tried to enter into a loan program with the IMF, which we stopped as soon as we entered government, we reversed that IMF loan because believe the best way to make economic policy is to have a sovereign monetary & economic policy without being submitted to any international organism.’ – ee Economists, IMF Tells Bolivia
• ‘Lithium is a key input in batteries that run millions of laptops and upon which the USA is basing its electrified automotive future. Chile sits atop the world’s largest lithium reserves; it produced about 25% of the world’s commercial supply in 2020. That’s reason enough to pay attention to Chile’s impending Sept 4 referendum on a proposed new constitution: It could recast the legal framework for mining in the South American nation, which has an 18-year-old free trade agreement with the USA.’ – ee Politics, Chile
• ‘The NGO-Thinktank-Media-Academic complex, the self-anointed brahmins of democracy, entirely unelected network of social engineers, ideologists, public policy influencers and lobbyists – maintains only the veneer and appearance of democracy.’ – ee Politics, The Brahmins of Democracy
• There are 8 Global Systemically Important Banks (G-SIBS) in the USA: JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Bank of New York Mellon, Morgan Stanley, State Street, Wells Fargo. These are the banks that pose the greatest risk to the stability of the US financial system and are monitored under the Federal Reserve’s stress tests.’ – ee Finance, Goldman Sachs
• ‘The goal of this West is to weaken, divide and ultimately destroy our country. They are already directly saying,in 1991 they were able to split the Soviet Union, and now the time has come for Russia itself, that it must disintegrate into many deadly warring regions and regions.’ – ee Sovereignty, Putin’s Speech
• ‘The low inflation world had 3 pillars: cheap immigrant labor keeping nominal wage growth ‘stagnant’ in the US, cheap Chinese goods raising real wages amid stagnant nominal wages, and cheap Russian natural gas fueling German industry and Europe more broadly. Implicit in this ‘trinity’ were 2 giant geo-strategic and geo-economic blocks: ‘Chimerica’… ‘Eurussia’.’ – ee Economists, Gareth
• ‘Over the past 6 months, the Group of 7 (G7) has leveraged the combined force of the dollar, euro, pound & yen to exact a heavy toll on the Russian economy. The backbone of this strategy rests on the way the world uses the dollar as an international reserve currency and the overwhelmingly preferred settlement mechanism in global currency exchanges. Nearly half of the world’s trade is conducted in dollars, which also comprise approximately 60 % of global foreign-exchange reserves. But everything has a price…’ – ee Economists, The Dollar
• ‘MindGeek is registered in the tax haven of Luxembourg, but its main office is in Montreal. The company employs around 1,600 people, and the online platforms it owns, including Pornhub, RedTube, YouPorn, Brazzers, received approximately 4.5 billion visits each month in 2020, according to a company spokesperson – almost double Google & Facebook combined.’ – ee Media, The Fight to Hold Pornhub Accountable
A3. Random Notes (‘Seeing Number in Chaos’) _
• We spend a lot of time trying to prove we know English, read and understand, speak and write. There is a whole ‘proving-we-know-English’ industry. The industry is unnaturally overextended. Calling it an ‘industry’ is another measure of our excellent understanding of English. If the buying & selling of prizes & awards & certificates are what industries are all about. But there is the English that speaks no English. Like cricket, bookies, the stock market, etc. And the other English that prevents us from transforming the society, nor understanding why and how we must do it. What exactly is English?
The Indian government knows better English than our government. Look at India’s statement after the SCO Conference. Their English confuses their white allies. Their official statement ‘The English Translation of Opening Remarks by PM Shri Narendra Modi at the bilateral meeting with President of Russia, states, ‘I know that today’s era is not of war and we have spoken to you many times on the phone that democracy, diplomacy and dialogue are such things that touch the world.’
This is a type of poetry. Marx called the East India Company, one large printing machine. And we can see why.
The white media ‘mocked it for doublespeak & rank opportunism’, insisting ‘that today’s era is not of war’ was an Indian criticism of Russia. But surely, ‘such things that touch the world’ is je ne sais quoi! And then the Indian PM moved on to matters more material…or petrol.
• A recent Sunday Times Business Club (STBC) on Going to the IMF, at the Taj Samudra Hotel in Colombo, saw LankaClear Chairman Kenneth de Zilwa attempting to go counter the pro-IMF media whiteout:
In debate with Verite Research Executive Director Nishan De Mel, and Sirimal Abeyratne as moderator, ‘De Zilwa stated, Sri Lanka has to revisit the ‘profit story’ only through making the country’s export, manufacturing and industrialisation sector competitive, that this can be achieved, not services, as we have seen now. It’s not by going to the IMF. The IMF will tell you to depreciate the currency, increase the interest rates, hands off reserves, this sounds good, but is extremely dangerous. Globally too the IMF has done the same thing. All developing countries that have sought IMF assistance have not prospered. These are destructive policies the IMF brings into countries which erode competitiveness.’
‘Revisiting the IMF now is going to be at the cost of business. The country has seen this cycle repeat itself for the last so many years from 1965, ie, 16 times. If we did all what the IMF said through multiple governments and programs given to us, couldn’t we have got our act right by now? It’s a shame on us to go for the 17th time,’ he added.
He also noted: ‘Due to accessibility to funding because of the perennial problem to finance the trade deficit, the country had to go to capital markets, borrow and finance. Trade deficit continues to widen which to date is the crux of the problem that has led us into a huge cash flow issue. The country has a US$10billion gap that needs to be financed. The current account doesn’t sufficiently meet the adequate financing and therefore we are forced from 2009 to go to capital markets.’
Out of Sri Lanka’s total debt today, $12.5billion is the capital market debt. The remaining is long-term multilateral and bilateral debt which is not causing us anything, its average interest rates are manageable. It is the capital market debt that is causing the problem, because it’s short term. It is refinanced every 2-3 years depending on how we float bonds to finance the budget deficit. The budget deficit is also a chronic problem for us where our expenditures are relatively high and not managed well,’ noted Mr. de Zilwa.
• ‘Sri Lanka’s private sector would have about 5 years to get ready to supply goods & services to the Colombo Port City, Sweden-based economist Kasun Kariyawasam said at a seminar on the Belt & Road Initiative (BRI), organized by the Asia Progress Forum on Monday.
Kariyawasam said the Port City would need 500,000 floor tiles, 2.3mn sq.m of carpets, 7,188 bedding sets, 480,000 gallons of paint, 1mn LED bulbs, and 6mn sq.m of wall paper. ‘The Port City will also need 160,000 sets of office furniture, 75,000 bathroom sets, 28,992 water closets & wash basins, 37, 500 sets of kitchen cupboards, 37,500 sets of living room furniture. Sri Lankan companies have an ideal opportunity to make money and gain international experience. They have 4-5 years to be ready, but unless they get their act together, the investors, at the Port City, will import these and we would have gained nothing.’
General Secretary of the Communist Party of Sri Lanka (CPSL) Dr G Weerasinghe said, by 2041 the Port City will have been fully occupied. There would be 75,000 permanent residents & 175,000 temporary residents.
‘We can also supply food and services. This is an opportunity for Sri Lankan hotels, and other service suppliers to make money continuously. We need to expand capacity as well as efficiency. Right now, people have to wait months to buy things like tiles. This won’t work when it comes to projects like the Port City. We need to be more productive. Banks must also step in and provide finance,’ he said.
Dr Weerasinghe added, Sri Lanka also needed to ensure that adequate human resources were made available for the jobs created by the Port City.
‘Instead of getting ready to reap benefits, some are grumbling about Chinese investments. Some powerful interests are creating the impression that Sri Lanka won’t benefit from the Port City. If we don’t take steps to get ready to reap benefits from Chinese investments, this will be a self-fulfilling prophecy.’ Kariyawasam said, ‘Sri Lanka’s financial infrastructure was weak and the country had not established systems for cross-border settlements. The Colombo Port City is a financial centre and it will do a lot to address these issues.’
The Sri Lankan government must also take steps to establish payment gateways. Sri Lankans had been clamouring for that for decades but successive governments have done little, he said.
Dr Waruna Chandrakeerthi and Prof Samitha Hettige spoke of the importance of understanding the Chinese market to promote Sri Lankan exports there.
‘The Chinese have been planting tea for thousands of years. We started tea in the 19th century, so we can’t assume that they will buy our tea. What they want is different and we must try to understand their demands. It is a big market, and we need to understand it. We need to have more sinologists,’ Dr Chandrakeerthi said.
(from: Experts point out golden opportunity for Lankan businesses to meet Colombo Port City needs – Rathindra Kuruwita – island.lk/experts-point-out-golden-opportunity-for-lankan-businesses-to-meet-colombo-port-city-needs)
• ‘That proposed FTA has been under negotiation since 2015, with the Chinese side increasingly frustrated at a lack of progress. [Chinese Premier Li Keqiang] though now has specifically linked the FTA to ‘the flow of Chinese aid’. Rajapaksa said: ‘Sri Lanka is ready to strengthen cooperation with China in finance, economy, trade & tourism, and advance the negotiation of the bilateral free trade agreement.’
There will be resistance, mainly because the Sri Lankan government under the Rajapaksas wish to maintain their own policies over domestic trade and imports – multiple businesses under the Rajapaksa’s family portfolio benefit from significant import duties, while the requests from Sri Lankan politicians for fees to provide ‘import permits’ has long been a source of irritation amongst investors in the country. A SL-China FTA would eradicate much of these dubious practices.
Another issue is, because of this, Sri Lanka’s domestic manufacturing industry has not been prepared to deal with competitive imports, and remains in several sectors somewhat underinvested, with at times antiquated technologies dating back to the time of the British still being used for manufacturing processes. Chinese competition would put these operations out of business. Sri Lankan President, Gotabaya Rajapaksa – the PM’s brother also said: ‘the Chinese are asking for too much’. – ee Economists, China Demands
• ‘They’re strong enough to say ‘wait a minute, we’re not gonna let individuals wanna make money at the expense of our long-term growth, because if we don’t have long-term growth we’re not going to be able to maintain our defences against the globalist colonialist West. We wanna grow, we don’t want to let what President Clinton expected to happen, to let Goldman Sachs bankers go into China, extend credit to Chinese industrial companies, have them issue stocks, buy the majority of stocks and end up doing to China like US did under Yeltsin by privatizing the raw materials.
Eurasian countries are saying ‘No, we’re not going to let the Westerners buy our commanding heights. We’re not going to privatize our railroads, our school system, our land and our basic natural monopolies for individuals to make economic rent extraction from them. We’re going to make the public utilities make our economies so low cost and productive so that our industries can outsell those of the West where they’re busy privatizing everything.’
By privatization the West is making everything into a high-cost economy. The rest of the world resisting privatization doesn’t have monopoly rent, doesn’t have to build even the cost of production into medical care, schooling, they basically provide these either freely or at a discount. That’s exactly how the US got rich in the 19th century, by providing government support for industrialization’ – ee Sovereignty, US can only defeat China
• Manufacturing Dissent – Submitted to the Partnership Fund for a Resilient Ukraine, a support mechanism created by the governments of England, Canada, Sweden, Switzerland & the US, [Valent Projects & Chemonics International] pledged to ‘map audiences critical to the Kremlin’s efforts, and identify opportunities to impact their narratives,’ in order to support Kiev’s ‘strategic communications efforts.’
This would provide key decision makers within the Ministries of Defense and Foreign Affairs, and the Office of the President ‘a stream of ‘narrative opportunities’ with which to ‘influence’ and ‘engage’ audiences not only in Russia, but ‘other key states’ including India and Turkey, via news outlets and social media.
Valent pledged to not only identify potential target demographics, but ‘their prevailing worldviews, how they access information and what narratives are likely to influence them,’ and monitor their online interactions in real-time, in particular identifying when ‘key audiences express potential tension with official positions,’ which could be exploited by Kiev. – ee Media, How Covert English Information Wars Target
• The information below is provided, not because ee is critical of the so-called ‘fossil fuel’ industry or to promote any notions of ‘the free world’, rather to show how ‘unfree’ it really is. ee also believes it is not a new practice as such but the latest avatar of capitalist dictatorship over the political process.
The US Federal Election Commission (FEC)’s mission is to ‘protect the integrity of the federal campaign finance process by providing transparency and fairly enforcing and administering federal campaign finance laws.’ Yet a privately owned ‘fossil fuels’ conglomerate is legally operating a voter data-mining thinktank – ‘effectively a more sophisticated version of the Republican National Committee’ – to promote candidates who will serve ‘the fossil fuel agenda in Congress.’
US Koch Industries owner Charles Koch owns a massive voter database, data mining, get-out-the-vote operation, etc, called i360, selling its services and buying candidates running for the US House and Senate.
i360 recently advertised for Senior Data Engineers in Houston, Austin, Dallas, Chicago, Atlanta, New York City, Arlington, Virginia and San Leandro, California, offering annual salary of $125,000- $200,000.
i360 services to candidates: ‘Thanks to our integrations, we can scale call volume quickly so you aren’t let down as you ramp up your campaigns, from 100s of outbound calls per hour to more than 100,000… Over the years, we’ve invested in building a closed-loop suite of grassroots technology that integrates seamlessly with our action management system, set the standard for predictive models, brought digital & tv targeting to new levels and introduced real-time analytics, all while driving down costs and raising the bar for quality products and services in the industry…
At i360, the data – not assumptions – drives our predictive models. Utilizing cutting-edge techniques and 100s of dynamic variables, i360’s predictive modeling provides unprecedented insight into consumer behaviour, empowering businesses and campaigns alike to target audiences with unmatched precision.
Applying advanced data-mining techniques and statistical pattern recognition, our models provide key pieces of intelligence to our customers…
Through an exclusive partnership with D2 Media Sales, the strategic relationship between DirectTV and Dish, i360 is able to identify households that meet your target criteria and serve ads uniquely to those households – no matter which stations or programs they are watching. With dozens of i360 custom segments pre-matched to more than 20 million DIRECTV and DISH homes, campaigns can now reach the largest addressable TV advertising platform in the nation. One-to-one television targeting combines the emotional impact of TV advertising with the precision and accuracy of direct mail marketing – resulting in the most cost-effective and high impact buying solution.’
Big buyers of i360 services include: the National Rifle Association Political Victory Fund which paid i360 for Peer-to-Peer Texting; and Americans for Prosperity Action which bought ‘survey research.’
Dr Mehmet Oz, a Candidate for US Senate, in Wilkes-Barre, PA, on Sept 3, paid i360 for ‘Subscription’ and ‘Database Management.’ ‘Over a dozen oil and gas industry leaders have combined to contribute over $200,000 to Oz’s Senate campaign’ and Oz ‘aims to defend the energy industry.’ (ee Media)
B. Special Focus_
B1. Dominion Status vs Independence
The most recent change in the Constitution of Ceylon occurred in 1931 after the Donoughmore Commission visit. The Commission recommended a policy which would ‘transfer to the elected representatives of the people complete control over the internal affairs of the Island, subject only to provisions which will ensure that they are helped by the advice of experienced officials and to the exercise by the Governor of certain safeguarding powers’.
A State Council was created in which 50 seats were allotted to elected representatives & 8 filled by the Governor’s nominees. Executive functions were exercised by a Board of Ministers consisting of the 3 English Officers of State (Chief Secretary, Treasurer, Attorney-General) and by the Chairmen of the 7 Executive Committees responsible for those matters not dealt with directly by the Governor. Communal representation was abandoned, and adult suffrage for both sexes introduced.
In practice, the 1931 Constitution proved cumbersome and agitation for reform began almost immediately after its introduction. By 1938 its defects were so obvious that the Governor recommended, inter alia, the abolition of the Executive Committee method of administration in favor of a Cabinet system on the English model. There was a regrettable tendency to appoint members of the Sinhala majority to ministerial posts, which was strongly resented by minority communities. The principle of communalism was growing stronger rather than weaker, with little prospect of the emergence of political – rather than communal – parties. But representatives of all communities were united in demanding full self-government, although there was no wish to sever all ties with the English Crown.
Statement of English Plans – In September 1941, a statement of English policy was communicated to the Board of Ministers: ‘His Majesty’s Government have had under further consideration the question of constitutional reform in Ceylon… The Board of Ministers will appreciate that this cannot be arranged under war conditions, but the matter will be taken up with the least possible delay after the war.’ This statement in no way satisfied the growing demand for self-government, and the Ministers were particularly vigorous in expressing their disapproval. In March 1942 the State Council passed a resolution stating, ‘This Council demands the conferment of Dominion Status on Ceylon after the war and requests that the British Government should give an assurance to that effect.’ Another resolution requested that the Cripps Mission should visit Ceylon to consider Ceylon’s claims.
In May 1943, a further statement of English policy was announced clarifying the former rather vague statement. The Declaration stated, the postwar reform of the Ceylon Constitution ‘will be directed towards the grant to Ceylon…of full responsible Government under the Crown in all matters of internal administration.’ The Ministers were invited to prepare a detailed constitutional plan which would be examined by a Commission. It was stipulated that any proposals submitted must have the approval of three-quarters of the State Council, excluding the Officers of State & Speaker. The Governor would retain discretionary power over certain ‘reserved’ matters, namely defence, external affairs, currency, bills affecting the rights & property of non-resident British citizens, and bills seriously opposed by any minority community.
On 15 July 1943, the Leader of the House announced, the Ministers would proceed with the preparation of a Constitution, the final draft was forwarded to the Governor in February 1944. It proposed the creation of a new State Council with India as any province of India… She must be approximately 100 elected members. The Executive method of administration would be replaced by a Cabinet system on the English model with full ministerial responsibility. The Governor General would have power to appoint 6 additional members to the Council to represent special interests. A Senate might be created later.
In July 1944, Colonel Oliver Stanley, at that time Colonial Secretary, announced a Commission would visit Ceylon to examine all proposals for constitutional reform. The Ministers regarded this as a rejection of the proposals already submitted and, encouraged by the Ceylon National Congress (CNC), decided to boycott the Commission. The Working Committee of the CNC called for the immediate dissolution of the State Council and the holding of fresh elections on the issue of full independence. On September 1, the Board of Ministers withdrew the draft constitution.
The recommendations of the Soulbury Commission, published in September 1945, accord very substantially with the Ministers’ draft. 2 vital differences should be noted, however:
1. The Soulbury Commission recommended the creation of a Second Chamber, half the seats to be filled by nominees of the Governor-General and half by persons elected by the First Chamber on the basis of proportional representation by means of a single transferable vote.
2. The Government would be denied responsibility for the important ‘reserved’ matters referred to in the British Declaration of May 1943.
Following the visit of the Soulbury Commission, Colonel Stanley invited the Hon DS Senanayake, leader of the State Council, to visit London for discussions.
The Board of Ministers refused to authorize Senanayake to act on their behalf and made it clear that no agreement concluded in London would be regarded as binding in Ceylon. Meanwhile, the State Council had passed the Sri Lanka Home Rule Bill demanding immediate Dominion Status. On the advice of Colonel Stanley, royal assent to the Bill was refused. Thereupon SWRD Bandaranaike, sponsor of the Bill, introduced a motion in the Council condemning Colonel Stanley’s action as ‘a denial of the right of the people of Ceylon to freedom and to determine their own constitution.’ On 18 July 1945, the motion was adopted by an overwhelming vote.
A new aspect of the situation was introduced on October 9 by Pandit Jawaharlal Nehru who, in a message to the youth of Ceylon, proposed Ceylon should join an Indian Federation since she was ‘culturally, racially and linguistically as much a part of India as any province of India… She must be associated with some larger group. What group can that be except an Indian Federation? Association with England is unlikely to be profitable, feasible or desirable. Besides, the English Empire is a fading institution.’ – Sydney D Bailey, Ceylon Seeks Dominion Status, Far Eastern Survey, Jan 16, 1946.
B2. IMF Tells Bolivia to Drop Its Successful Economic Model, Sept 21
The IMF released a report today on the Bolivian economy in which it recommends adopting drastic neoliberal measures, including; reducing workers’ salaries, cutting public investments, ending currency controls. These policies turned Bolivia from one of the poorest countries in the region into its fastest-growing economy.
The report takes aim at the government’s spending on development: ‘The government must restrict spending, including eliminating the end of year wage bonus for workers, restrict the growth of wages for public sector workers, and limit the growth of public investment & subsidies.’
The ‘end-of-year wage bonus’ for workers (in both public & private sector) refers to a policy introduced under Evo Morales that requires employers to pay their workers a bonus equal to double their monthly wage, but only if annual GDP growth is over 4.5%.
The bulk of public investment is destined for infrastructure, while the majority of subsidies are for ensuring the price of fuel doesn’t rise. Bolivia is the only country in the region to see no rise in fuel prices, a policy that has kept inflation at less than 2%, unlike the rest of South America.
The report even states that fuel prices must rise, and the inflation that would inevitably cause could be offset by cash-transfer programs for the poorest sectors, says the IMF:
‘The successful implementation of an increase in domestic fuel prices will require recycling a part of the budget savings in cash transfer programs aimed at the poorest deciles of the population.’
Bolivia’s Economy Minister, Marcelo Montenegro emphatically rejected the report, stating today: ‘They prescribe the old recipes from many decades ago where they call for reducing subsidies, lowering public spending, gradually eliminating the end of year bonus for workers. We are not going to accept these recommendations because we are a sovereign country, and we have a sovereign economic policy.’
The policies criticized by the IMF have helped Bolivia reduce poverty by over 50% since Evo Morales took office in 2006. It has also helped keep inflation at the lowest rate in Latin America. Meanwhile, when IMF policies were implemented in the early 2000s, over 60% of the country lived below the poverty line.
In a recent speech in Brazil, Bolivia’s President Luis Arce stated, the country’s impressive growth is due to rejecting IMF recommendations: ‘We are in better conditions because, since 2006, Bolivia doesn’t have a single agreement with the IMF. In 2020 with the de facto government, they tried to enter into a loan program with the IMF, which we stopped as soon as we entered government, we reversed that IMF loan because believe the best way to make economic policy is to have a sovereign monetary & economic policy without being submitted to any international organism.
B3. 10-Point Reparation Plan
In 2013, Caribbean Heads of Governments established the Caricom Reparations Commission (CRC) with a mandate to prepare the case for reparatory justice for the region’s indigenous and African descendant communities who are the victims of Crimes against Humanity (CAH) in the forms of genocide, slavery, slave trading, and racial apartheid.
This document, prepared by the CRC, proposes the delivery of this mandate within the formulation of the Caricom Reparations Justice Program (CRJP). The CRC asserts, victims and descendants of these CAH have a legal right to reparatory justice, and those who committed these crimes, and who have been enriched by the proceeds of these crimes, have a reparatory case to answer.
The CRJP recognizes the special role and status of European governments in this regard, being the legal bodies that instituted the framework for developing and sustaining these crimes. These governments, furthermore, served as the primary agencies through which slave based enrichment took place, and as national custodians of criminally accumulated wealth.
The CRC Asserts that European Governments:
Were owners and traders of enslaved Africans instructed genocidal actions upon indigenous communities
Created the legal, financial and fiscal policies necessary for the enslavement of Africans
Defined and enforced African enslavement and native genocide as in their ‘national interests’
Refused compensation to the enslaved with the ending of their enslavement
Compensated slave owners at emancipation for the loss of legal property rights in enslaved Africans
Imposed a further 100 years of racial apartheid upon the emancipated
Imposed for another 100 years policies designed to perpetuate suffering upon the emancipated and survivors of genocide
And have refused to acknowledge such crimes or to compensate victims and their descendants.
The CRC is committed to the process of national international reconciliation. Victims & their descendants have a duty to call for reparatory justice. Their call for justice is the basis of the closure they seek to the terrible tragedies that engulfed humanity during modernity. The CRC comes into being some 2 generations after the national independence process, and finds European colonial rule as a persistent part of Caribbean life.
The CRC operates within the context of persistent objection from European governments to its mandate. The CRC, nonetheless, is optimistic that the CRJP will gain acceptance as a necessary path to progress.
The CRC sees the persistent racial victimization of the descendants of slavery and genocide as the root cause of their suffering today. The CRC recognizes that the persistent harm and suffering experienced today by these victims as the primary cause of development failure in the Caribbean.
It calls upon European governments to participate in the CRJP with a view to prepare these victims and sufferers for full admission with dignity into the citizenry of the global community. The CRC here outlines the path to reconciliation, truth, and justice for Victims & Their Descendants.
10-Point Action Plan
1. Full Formal Apology
The healing process for victims and the descendants of the enslaved and enslavers requires as a precondition the offer of a sincere formal apology by the governments of Europe. Some governments in refusing to offer an apology have issued in place ‘Statements of Regrets’.
Such statements do not acknowledge that crimes have been committed and represent a refusal to take responsibility for such crimes. Statements of regrets represent, furthermore, a reprehensible response to the call for apology in that they suggest that victims and their descendants are not worthy of an apology. Only an explicit formal apology will suffice within the context of the CRJP.
Over 10 million Africans were stolen from their homes & forcefully transported to the Caribbean as the enslaved chattel and property of Europeans. The transatlantic slave trade is the largest forced migration in human history and has no parallel in terms of man’s inhumanity to man.
This trade in enchained bodies was a highly successful commercial business for the nations of Europe. The lives of millions of men, women and children were destroyed in search of profit. The descendants of these stolen people have a legal right to return to their homeland.
A Repatriation program must be established and all available channels of international law and diplomacy used to resettle those persons who wish to return. A resettlement program should address such matters as citizenship and deploy available best practices in respect of community reintegration.
3. Indigenous Peoples Development Program
The governments of Europe committed genocide upon the native Caribbean population. Military commanders were given official instructions by their governments to eliminate these communities and to remove those who survive pogroms from the region.
Genocide and land appropriation went hand in hand. A community of over 3,000,000 in 1700 has been reduced to less than 30,000 in 2000. Survivors remain traumatized, landless, and are the most marginalized social group within the region.
The University of the West Indies offers an Indigenous Peoples Scholarship in a desperate effort at rehabilitation. It is woefully insufficient. A Development Plan is required to rehabilitate this community.
4. Cultural Institutions
European nations have invested in the development of community institutions such as museums and research centers in order to prepare their citizens for an understanding of these CAH.
These facilities serve to reinforce within the consciousness of their citizens an understanding of their role in history as rulers and change agents. There are no such institutions in the Caribbean where the CAH were committed.
Caribbean schoolteachers and researchers do not have the same opportunity. Descendants of these CAH continue to suffer the disdain of having no relevant institutional systems through which their experience can be scientifically told. This crisis must be remedies within the CJRP.
5. Public Health Crisis
The African-descended population in the Caribbean has the highest incidence in the world of chronic diseases in the forms of hypertension and type2 diabetes. This pandemic is the direct result of the nutritional experience, physical and emotional brutality, and overall stress profiles associated with slavery, genocide, and apartheid.
Over 10 million Africans were imported into the Caribbean during the 400 years of slavery. At the end of slavery in the late 19th century less than 2 million remained. The chronic health condition of Caribbean blacks now constitutes the greatest financial risk to sustainability in the region. Arresting this pandemic requires the injection of science, technology & capital beyond the capacity of the region.
Europe has a responsibility to participate in the alleviation of this heath disaster. The CRJP addresses this issue and calls upon the governments of Europe to take responsibility for this tragic human legacy of slavery and colonization.
6. Illiteracy Eradication
At the end of the European colonial period in most parts of the Caribbean, the British in particular left the black and indigenous communities in a general state of illiteracy. Some 70% of blacks in British colonies were functionally illiterate in the 1960s when nation-states began to appear. Jamaica, the largest such community, was home to the largest number of such citizens.
Widespread illiteracy has subverted the development efforts of these nation-states and represents a drag upon social and economic advancement. Caribbean governments allocate more than 70% of public expenditure to health and education in an effort to uproot the legacies of slavery and colonization. European governments have a responsibility to participate in this effort within the context of the CRJP.
7. African Knowledge Program
The forced separation of Africans from their homeland has resulted in cultural and social alienation from identity and existential belonging. Denied the right in law to life, and divorced by space from the source of historical self, Africans have craved the right to return and knowledge of the route to roots.
A program of action is required to build ‘bridges of belonging’. Such projects as school exchanges and culture tours, community artistic and performance programs, entrepreneurial and religious engagements, as well as political interaction, are required in order to neutralize the void created by slave voyages.
Such actions will serve to build knowledge networks that are necessary for community rehabilitation.
8. Psychological Rehabilitation
For over 400 years Africans and their descendants were classified in law as non-human, chattel, property, and real estate. They were denied recognition as members of the human family by laws derived from the parliaments and palaces of Europe. This history has inflicted massive psychological trauma upon African descendant populations.
This much is evident daily in the Caribbean. Only a reparatory justice approach to truth and educational exposure can begin the process of healing and repair. Such an engagement will call into being, eg, the need for greater Caribbean integration designed to enable the coming together of the fragmented community.
9. Technology Transfer
For 400 years the trade and production policies of Europe could be summed up in the English slogan: ‘not a nail is to be made in the colonies’. The Caribbean was denied participation in Europe’s industrialization process, and confined to the role of producer and exporter of raw materials. This system was designed to extract maximum value from the region and to enable maximum wealth accumulation in Europe.
The effectiveness of this policy meant that the Caribbean entered its nation-building phase as a technologically and scientifically illequipped backward space within the postmodern world economy. Generations of Caribbean youth, as a consequence, have been denied membership and access to the science & technology culture that is the world’s youth patrimony.
Technology transfer & science sharing for development must be a part of the CRJP.
10. Debt Cancellation
Caribbean governments that emerged from slavery and colonialism have inherited the massive crisis of community poverty and institutional unpreparedness for development. These governments still daily engage in the business of cleaning up the colonial mess in order to prepare for development.
The pressure of development has driven governments to carry the burden of public employment and social policies designed to confront colonial legacies. This process has resulted in states accumulating unsustainable levels of public debt that now constitute their fiscal entrapment.
This debt cycle properly belongs to the imperial governments who have made no sustained attempt to deal with debilitating colonial legacies. Support for payment of domestic debt & cancellation of international debt are necessary reparatory actions.
C. News Index______________________________________________
• ee News Index provides headlines & links to make sense of the weekly focus of published English ‘business news’ to expose the backwardness of multinational, corporate controlled ‘local media’:
(ee is pro-politics, pro-politician, pro-nation-state, anti-corporatist, anti-expert, anti-NGO)
ee Sovereignty news emphasizes sovereignty as economic sovereignty – a strong nation is built on modern (machine-making) industrialization fueled by a producer culture.
• The Shanghai Cooperation Organisation (SCO) at the Crossroads of History
‘A new international financial system is taking shape in multi-polar world order.. A central issue in the strategic calculus of most countries in the non-western world is the reliability of the dollar-based international financial system. The brazen manner in which the West weaponised sanctions and grabbed Russia’s assets is reminiscent of colonial-era practices and norms.’
• US will continue to support Sri Lanka – Under Secretary Nuland
• President to travel to Japan & Philippines for meetings and to attend funeral of Shinzo Abe
• Colombo ready to join Russian payment system
‘it is necessary to obtain the Central Bank’s approval’ for the talks to continue.’
• 10-Point Reparation Plan
‘In 2013 Caribbean Heads of Governments established the Caricom Reparations Commission (CRC)’
• President & King of England – Nalin de Silva
‘Sinhala Buddhist culture has not yet been eradicated from the country.’
• No Geneva Pranks in 1848 – Nalin de Silva
• Sri Lanka must raise our voice for Reparations at UNHRC
• Sri Lanka’s envoy Milinda Moragoda meets India National Security Advisor Ajit Doval
‘On September 12, India expressed concern at the “lack of measurable progress” by the Sri Lankan government on its commitments regarding a political solution to the ethnic issue’
• No Truth Commission if India’s training & funding LTTE is not included
• No Truth Commission if foreign MPs linked to LTTE are not investigated
‘Dravida Nadu was a Christian Missionary movement & Tamil Eelam is possibly too.’
• India, too, should be investigated – Int’l HR organisations
• If India Wants Provincial Councils, India Should Pay for Them
• SL High Commissioner commemorates Dharmapala Day in India
• Ganesan hails UN recognition of upcountry Tamils
• Sri Lanka must Raise our Voice for Reparations at UNHRC – Weeraratna
• PHU: UNHRC resolution could be tied to aid for Sri Lanka
• UNHRC’s repeated resolutions without resolution
• UN reforms: Rhetoric and the reality
• SL president meets top commonwealth official, diaspora group amid opposition criticism
• Toughest-ever UNHRC resolution against Lanka
• People’s Tribunal in The Hague indicts GoSL over Lasantha’s 2009 murder
‘Judge Eduardo Bertoni…Judge Martina Forti…’
• Human rights: The Geneva charade
‘King Charles III, as the new head of the Commonwealth, faces a paradox of how one Commonwealth member is doing its darnedest to crucify another.’
• Geneva issue: NPC too, believes origins of conflict should be investigated
• UNHRC resolution is consequence of governance failure: USAID NPC Perera
• Global Tamil Forum calls for strong resolution on Lanka
• TNA opposes demographic changes in East
• Indian think-tank sanguine about Indo-Lankan ties, but calls for security redlines – Analysis
• India reiterates continued support for Sri Lanka in all possible ways
• India promises Sri Lanka support through long-term investments
• Sri Lanka India Society commemorates 75th anniversary of Indian Independence with a night of celebration and friendship
‘President Wickremesinghe… High Commissioner Gopal Baglay…Foreign Minister Ali Sabry…’
• US Ambassador Chung visits Dewatagaha Mosque, Colombo
• In Pictures: US Ambassador joins volunteers in beach cleanup at Crow Island in Mattakkuliya
• USAID signs new five-year agreement with Sri Lanka
• England to grant £3 million assistance to Sri Lanka
• Do Not Let Born Again Mafia Creeps into Sri Lanka Cricket
• ‘‘Enthusiasm, comfort level of Chinese investors diminished in recent months’’
• Ukraine crisis: Aeroflot to resume services to Sri Lanka
• Tore nails off and kept saying ‘money’: police give details about capture of Sri Lankan citizens
‘“This is the same scenario as in Bucha,” Kremlin spokesperson Dmitry Peskov said Monday. “This is a lie. Of course, we will defend the truth in this whole story.”’
• 7 Sri Lankans in Ukraine are not medical students
• High Commissioner Moragoda interacts with African envoys concurrently accredited to Lanka
• Dutch Ambassador Bonnie Horbach presents Credentials
• Dutch Defence Attaché calls on Navy Commander
• Saudi Ambassador invites BBS chief for national day
• ‘Countering USA’s Adversaries through Sanctions Act’ (CAATSA) – The Most Fatal Weapon
• After Samarkand SCO summit, Vladimir Putin met Prime Minister of India Narendra Modi.
• The English Translation of Opening Remarks by Prime Minister Shri Narendra Modi at the bilateral meeting with President of Russia
• India’s gaffe at Samarkand
• Foreign Ministers of India and Cuba meet in New York
• India goes its own way on global geopolitics
• India’s long Infatuation with Russia Must End – Shashi Tharoor
• Shashi Tharoor’s Pro-corporate Vision for Congress
• India warns its citizens in Canada of increase in hate crimes
• Bangladesh promotes military diplomacy for peace and stability in the Indo-Pacific region
• Ex-Pakistan PM Imran Khan apologises in contempt of court case
• China’s Xi Says Regional Alliance Will Thwart ‘Color Revolutions’
• Statement condemning Nancy Pelosi’s reckless visit to China’s Taiwan
• Di Dongsheng 2 – They Run US and the World
• US should stop being world’s largest maker of war: China
• US can only defeat China in a full scale nuclear war – Hudson
• Japan to keep interest in Russia’s Sakhalin 2 gas project
• Man self-immolates near Japanese PM’s office
• Biggest illegal U.S. military base in Syria comes under intense rocket attack
• Iranians condemn desecration, riots
• Syria calls for forcing Israel to join Non-Proliferation Treaty
• UN report says Israel demolishes nearly 44 Palestinian buildings in two weeks in West Bank
• The real US agenda in Africa is hegemony
• Month of Action Against AFRICOM (US Africa Command)
• Voices from Rwanda and the Rwandan Diaspora
‘The RPF, a signatory to the Arusha Peace Accords, has waged a resource war in the Democratic Republic of the Congo since 1996.’
• Ex-Kenyan official slams English government over act of gross inhumanity and injustice
• Study reveals Cambridge University gained significant benefits from slave trade
• Prime Minister Mottley’s Address at Ghana’s 65th Anniversary of Independence
• 19 killed in south Chad in clashes between farmers, herders
• Understanding Libya’s Relentless Destabilisation
• Will Viktor Orban survive the power battle in Hungary?
‘formation of a shadow government to defeat the Prime Minister and bring Hungary closer to Europe.. after European Union (EU) lawmakers declared that Hungary is no longer a full democracy and froze 65% of EU funds over corruption and the rule of law concerns.’
• Hungary bestows a high honor on Jared Kushner
• Orbán calls for sanctions on Russia to be lifted by the end of the year
• Kyrgyz president urges calm after deadly conflict with Tajikistan
• Who is to Blame for Escalation on the Border between Kyrgyzstan and Tajikistan?
• News conference following Vladimir Putin’s visit to Uzbekistan
• On The Upcoming Putin Speech And Announcements
‘Moscow has made a decision how to proceed in the proxy war with NATO in the Ukraine’
• Putin’s September 21st Speech
• Russia Announces Partial Mobilization
• Russians Raise Their Glasses – The Toast is to Beating the Blockade of Moscow
• Moscow to regard strikes at Donbass, liberated territories as attack on Russia — Kremlin
• Putin’s Press Conference On Ukraine, Terrorism, Fertilizer, Europe’s Energy Crisis
• Most multinationals remain in Russia and fund Putin’s invasion of Ukraine
• Moment of truth in the Ukraine war – Bhadrakumar
• Historic Context Of The Referenda In Ukraine
• Talks with Ukraine to be out of the question after Donbass joins Russia, lawmaker says
• Russia is at war not only with Ukraine, but with collective West — Shoigu
• Zelenskiy to appeal directly to U.S. defense companies
• The International Atomic Energy Agency Goes to War — Gorilla Radio Goes Nuclear
• The Economic Annihilation of Europe – Gonzalo Lira and Mike Adams publish interview
‘Western Europe in 2023 is going to look a lot like Sri Lanka in 2022.’
• Gonzalo Lira
• Misery deepens in Haiti as unrest rages and water shortages increase
• Colombian government begins informal talks with FARC rebels
• ‘What is more poisonous for humanity, cocaine, coal or oil?’
‘Colombia – President Addresses United Nations General Debate, 77th Session (English)’
• Election in Brazil: Has Lula Already Won or Will Bolsonaro Come Up With Surprises?
• Roar of a US Warplane Over Civilian Irish Airport
‘In 2003 and 2015, Sinn Féin—the largest opposition party in the Northern Ireland Assembly—put forward a Neutrality Bill to enshrine the concept of neutrality into the Irish Constitution.’
• Spain’s Podemos backs Madrid’s commitment to NATO war on Russia
• What Do US People Care About? Not a Cold War With Russia, China
C2. Security (the state beyond ‘a pair of handcuffs’, monopolies of legitimate violence)
ee Security section focuses on the state (a pair of handcuffs, which sposedly has the monopoly of legitimate violence), and how the ‘national security’ doctrine is undermined by private interests, with no interest in divulging or fighting the real enemy, whose chief aim is to prevent an industrial renaissance as the basis of a truly independent nation.
• Sri Lanka president brings back war-time high security zones after protests
• BASL to take legal action against President’s Order declaring HSZ
• PTA heats up Galle Face again
• Repealing PTA is Courting with Unmitigable Disaster
• Sri Lanka military too strong at 247,000 in peacetime: legislator
• Lankan Army officer honoured in Mali
‘The Tribal terrorist groups in Mali have intensified their fierce internecine violent acts targeting their rivals as well as UN troops serving the landlocked country for the past 3 months.’
• Why did the Dutch army fail against the English in Ceylon and India? – Balachandran
• A message from Keith Noyahr at the launch of ‘Notes from the battlefield’
• People’s Tribunal finds Sri Lankan state guilty of Lasantha Wickrematunge’s murder
• Kandyan, Muslim marriage laws to be amended: Minimum age 18
• Committee proposes to regulate but not abolish polygamy in Sri Lanka
• Sri Lanka cabinet nod for agreement with Maldives on joint criminal investigations
• Galle Bishop demands justice for Easter carnage victims
• Police to purchase 750 jeeps under Indian credit line
• Police Log: September 18, 19, 21, 22, 23, 24, 2022
• Royal Park murder convict barred from leaving country
• School boy robs neighbour to give gifts to girlfriend
• Two including teenage boy killed in attack at Galgamuwa
• Seven including gangster ’Parippuwa’s’’ sibling arrested in Dematagoda
• Gampaha murder: stolen bike used in crime
• Couple invited to party attacked in Boralesgamuwa; Woman dies
• Five tri-shaw thieves arrested
• Police officer assaulted on roadside in Mihintale
• Notices relating to contempt of court issued on IGP and four others
• Ex-HR Commissioner moves SC against Poisons, Opium & Dangerous Drugs (Amendment) Act
• Sunderalingam became the personal lawyer of then President Ranasinghe Premadasa
• USAID sponsors int’l commercial arbitration Moot Court competition in Sri Lanka
‘sponsorship by Tokyo Cement, the Institute for the Development of Commercial Law and Practice (ICLP) and MyCola.’
• Russia’s Secretive Long-Range Bomber Operations Against Ukraine
• US Senate report on CIA torture methods to remain classified
• 18 intelligence agencies protect the national security secrets of the United States
• The Prosecution of Abuse Survivor Tracy McCarter
C3. Economists (Study the Economists before you study the Economics)
ee Economists shows how paid capitalist/academic ‘professionals’ confuse (misdefinitions, etc) and divert (with false indices, etc) from the steps needed to achieve a modern industrial country.
• Sri Lanka files motion to dismiss action of holdout bond holder
• GOSL asks US court to dismiss case filed by Hamilton Reserve Bank over default
• Forget IMF! Make Sri Lanka’s export, manufacturing and industrialisation sector competitive
• Russia vows to continue Mir bankcard expansion after new U.S. sanctions
‘Cuba, South Korea, Turkey, Vietnam and a handful of former Soviet republics accept Mir, which means both “peace” and “world” in Russian, with others such as Iran intending to follow suit soon.’
• IMF Tells Bolivia To Drop Its Successful Economic Model
• Ukraine War: Why Europe is Hurtling Into Economic Disaster – Prabhat Patnaik
• SL not out of the woods yet and there is no second chance: CBSL Chief
• Consensus from both sides of aisle to end subsidies on electricity, other public services
• A Case for Wealth Tax: Top 1% Owns 32% Wealth, Bottom 50% only 3.7%
• Cabinet not notified of IMF staff level agreement: Speaker confirms
• IMF staff-level agreement not the final, Prez informs Speaker
• How the Privatization of State Assets is not in the National Interest – Karunaratne,
‘Privatization at times is said to have become a method of obtaining commissions in the selection of private companies’
• The Paris Club and Dollar Debt Colonialism: Reform of International Financial Architecture Needed – Rajasingham-Senanayake
• Reform of state-owned enterprises will go nowhere sans authentic leadership
• Parliament heated up over IMF staff level agreement
• IMF reiterates support contingent on creditor assurances, reforms
• Sri Lanka and India holds debt restructuring talks
• India’s lending to Sri Lanka proves critics of China’s loans wrong
• China keeps Pakistan, Sri Lanka waiting on loan deals – The Hindu
• China Demands A Free Trade Agreement For Helping With SL’s Economic Problems (April)
• What’s Going On In Sri Lanka? (April)
• China, Sri Lanka’s biggest creditor with 52 % of total foreign debt
• Lanka awaits statement from external creditors
• Sri Lanka to meet foreign creditors for debt talks on Sept 23
• Sri Lanka holds “Ambassadors’ Forum” on debt restructuring, IMF programme
• Sri Lanka to Ensure Equity Among Creditors in Debt Restructure
• Sri Lanka expecting financial assurances from bilateral creditors after Friday
• Sri Lanka set to begin talks to restructure debt of $30 bln
• Parliament should be informed of agreements with creditors – Harsha
• President’s clarification on IMF agreement conveyed to parliament
• ‘Don’t sit around and wait for IMF’: Japan urges Sri Lanka
• Japan affirms commitment to SL to help finalise IMF agreement
‘Japan, also a major trading partner of SL, holds around US $ 3.5 billion of the nation’s total bilateral debt of about US$10 billion, amounting to 4.4% of GDP, according to the government and IMF data.’
• President’s clarification on IMF agreement conveyed to parliament
• The Flowers Of Wrath
‘The actual western development model is to steal from the rest of the world, which obviously isn’t going to work for the rest of the world.’
• US Senate Resolution: How US can help SL fight economic crimes?
• Opposition calls for PCS to ascertain those reponsible [sic!] for economic crisis
• Economic crimes: the term that frightened the government
• Sri Lanka’s JVP gen secy makes dubious claim on IMF deal, says loan “pittance”
• National Council introduced not with genuine intentions: AKD
• Parliament passes resolution on ‘National Council’ without objection
• Twenty-seven MPs nominated to Sri Lanka’s new National Council
• Ruling class failure and working people’s politics – D Gunawardena
‘More than mere economic dependency, it is the intellectual dependency on the conservative guild of professional economists that shapes the mental outlook of the ruling class.’
• Unprecedented economic crisis: Is China the problem or part of the solution? – Ariyaratna Herath and Luxman Siriwardena
• Drastic reduction in expenditure and increased revenue by progressive taxation crucial for fiscal consolidation – Sanderatne
• Every country which has achieved economic success has played the game internationally – Abeyratne
• Child’s guide to Ranilnomics III: Buddha’s prescriptions on governance – Wijewardena
• Sri Lanka rates elevated amid failed float and DDR fears – Bellwether
‘In past crises rates stabilized only after a float succeeded. This time a domestic debt re-structuring fears are adding to the toxic mix’
• Of socialism, social media, social capital, and public private partnerships
• Sri Lanka’s rocky road to recovery
‘Welcomed by Colombo’s ubiquitous neoliberal free market circuits, such measures have been vehemently criticized by sections of the working class, peasantry, and even middle-classes.’
• ABC of Ranil rule: High-risk partner, bad investment for international community – Jayatilleka
‘an unelected leader who, instead of playing an interim transitional role, is pledging to push through an IMF program and sub-regional economic integration’
• Are economic crimes none of their business? – Madam Jayatilleka
• One of the main causes of current economic meltdown is heavy borrowings for mega projects
• Postgraduate Institute of Management (PIMA) forum on Sri Lanka’s turnaround strategies and role of int’l community
‘US Embassy Deputy Chief of Mission Douglas E. Sonnek, Embassy of Japan Deputy Head of Mission Katsuki Kotaro and Deputy High Commissioner for India Vinod K. Jacob.’
• Sri Lanka’s external debt restructure becomes a gigantic task
• Former colonial rulers not responsible for the cancerous growth of bribery – The Island
• Easing casino rules
‘Macau, for example and more recently Singapore have done very well with casinos.’
• Pakistan floods put pressure on faltering economy
• Why do we go to the IMF? (Pakistan)
‘How to change all this? Before someone presents ‘import substitution’ as the Holy Grail, God save us from that predicament.’
• Ecuador strikes deal with China to restructure debt
• Italy: lurching to the right – Roberts
‘Productivity growth has stagnated because Italian capital is not investing productively enough. Investment levels are still well below that reached before the Great Recession.’
• A short history of inflation in modern times – Michael Hudson
‘A lot of that that inflation we’ve seen in the consumer price index recently is because of monopolization of certain key industries, because of the recovery from the Covid pandemic, and bottlenecks in the supply chain and all of that.’
• International Trade and MMT – Michael Hudson
• The dollar has some would-be rivals. Meet the challengers.
• Inflation what workers need to know
• Is there a third way for social equity markets?
• Global rate hikes could trigger 2023 recession: WB
• Commodity prices are likely to fall further – Jeffrey Frankel
‘Professor of Capital Formation and Growth at Harvard University’
• 22% inflation & energy rationing threatening Europe, Zoltan Pozsar & trade expectations, Jackson Hole & more
• The European Central Bank’s Zimbabwean Model
C4. Economy (Usually reported in monetary terms)
ee Economy section shows how media usually measures economy by false indices like GDP, etc., in monetary terms, confusing money and capital, constantly calling for privatization, deregulation, moaning about debt & balance of payments, without stating the need for modern industrial production.
• SL-IMF program targets positive 2.3% primary deficit by 2025
• Sri Lanka economy contracted by 8.4 per cent in Q2 2022
• Sri Lanka national inflation reaches 70.2-pct in August
• Soaring cost of living turns into social issue
• Currency float sends rupee value of foreign debt swelling
• Sri Lanka ranks third in currency depreciation against US dollar
• Low taxes for tobacco & alcohol amidst high food inflation? Sajith questions
‘the issue of 40,000 deaths per annum in Sri Lanka due to smoking, and in the past, 90% tax used to be levied on tobacco’
• New budget office to oversee financial affairs with accurate info to Parliament
• Finance Bill seeking to raise Rs. 140 bn annually endorsed
‘Social Security Contribution Levy – a tax imposed at the rate of 2.5% on the importers, manufacturers, service providers and wholesalers and retailers with an annual turnover of more than 120 million’
• 1H Govt. revenue tops Rs. 900 b mark
• Sri Lanka tax revenues surge 25-pct up to June in inflation
• Customs on path to reach revenue target of Rs.715bn this year
• Govt. lifts temporary suspension on hundreds of imported items
• Revenue Management Authority to boost tax collection and end corruption
• Inland Revenue Department blames former FinMin officials for turning blind eye to tax evasion
• Consumer confidence rises in August in post-Rajapaksa recovery
• Indo-Lanka FTA to be revived and upgraded – Prez
• High Posts committee approves Secretaries
• Sri Lanka looks for more economic links with Greater Mekong region
• Reserve Bank of India sells $13 billion in August to hold the Rupee at 80
• Indian stocks slump on global monetary policy tightening; Rupee at new low
• US Fed set for big rate hike as waters get choppy for world’s central banks
• US Federal Reserve hikes rates, to take out US$95bn a month to tame Powell bubble
• ECB Hikes Add Mortgage Agony to 20% Inflation at Euro Zone’s Eastern Edge
• English pound sinks to 37-year record low against dollar as recession looms
• English households face £3bn hit if Bank of England goes ahead with 0.75-points rate rise
C5. Workers (Inadequate Stats, Wasteful Transport, Unmodern Plantations, Services)
ee Workers attempts to correct the massive gaps and disinformation about workers, urban and rural and their representatives (trade unions, etc), and to highlight the need for organized worker power
• Local apparel companies oppressing FTZ workers?
‘Workers’ rights group alleges employees being forced to work longer for lower pay ‘
• Department Wildlife Conservation (DWC) Ranger Officers call for work to rule
• Police fire tear gas & water cannons at SYU protestors, 84 detained
• Public Service Retirement: Health Sector at Risk
• SL narrowly avoids wage spiral despite soaring prices
• Organisation of Professional Associations (OPA) wants recognition of part-timers in labour laws and regulations
• Business slowdown, staff cuts and freezing recruitment
‘high demand for female labour in several economic activities namely, the Plantation sector, ‘Manufacturing of food, beverages and tobacco’, ‘Manufacturing of Textile, wearing apparels and leather products’ and health…‘Sewing machine operators’ accounted for almost half of the labour requirements, while 22 per cent are obtained by Manufacturing supervisors and Manufacturing labourers…’
• Combination of ill-timed decisions prevented Lanka recover from pandemic shock: ILO
‘legislative reform to support flexible arrangements while protecting workers,’
• Growing stock of decent jobs must be an important development priority for SL: International Labour Organisation (ILO)
• Maskeliya estate community: Bearing the brunt of the crisis
• Estate worker killed in wasp attack in Kotmale
• Parliament heated up over food scarcity among school children
• Report on student consuming coconut kernel for lunch unfounded-PMD
• 80% of children at Walsapugala malnourished
• Attendance of pre-schoolers’ drops sharply
• Much-needed Family Health Care Centre for Jaffna
• Diana’s Mannar vision slammed by Mannar Women’s Development Federation (MWDF)
• I did not refer to prostitution, night life goes beyond prostitution: Diana
• Twelve people suspected to be on illegal migration attempt
• Brain drain and right thing to do – Daily Mirror Editorial
‘Another aspect that demands reconsideration is the banned list of import items.’
• IT companies and start-ups losing talent to companies that peg salaries to the US dollar
• Scores of public servants fly overseas for work on no-pay circular
• Manusha assures legal actions against those defrauding people promising foreign employment
• Malaysia to hire 10,000 Sri Lankan workers
• Sri Lanka skilled workers could apply for Korea jobs amid economic crisis: Minister
• Japanese Ambassador attends send-off ceremony of technical intern trainees
• Israel reluctant to provide job to Sri Lankans after complaints over scams – minister
• The programme to allow Sri Lankan migrant workers to import an electric vehicle launched
• Sri Lanka’s economic crisis forces public sector to let saree go as office attire
‘Wearing a saree actually reduces productivity because we have to wear appropriate accessories such as heels and that is not always practical when using public transport,” said a state worker.’
• Buddhist Schools & English Christian Culture – Nalin de Silva
• He helped University of Jayewardenepura develop the curriculum of the Technology Faculty
• Stalin says schoolchildren greatly stressed without extracurricular activities
• Kannangara reforms did not envisage poor quality state subsidized non-fee levying institutions
• Law Student Union (LSU) demands justice for wronged undergraduates of Peradeniya
• Three suspended from University of Pera
• Peradeniya Uni Art Faculty lectures limited to online following ragging
• Body of missing Peradeniya undergrad found in Mahaweli River
• Let World Bank Take Over Education – Sunday Times
• Education Minister at New York’s International Finance Facility for Education (IFFEd)
• Education Ministry seeks support from Gates Foundation
• Bill Gates foundation to help replace blackboards with smart boards?
• Chinese students donate pocket money to Sri Lankan students
• The Dutch Burghers’ identity crisis under English rule
• More than 70 dead after boat carrying migrants sinks off Syria – lankaweb.com/news/items/2022/09/19/the-dutch-burghers-identity-crisis-under-british-rule/
• The Servitude Of Our Times
‘The streets of Oxford are full of vans doing plumbing, roofing, gardening—all jobs that would have been done by the downstairs servants of yore’
• More than 70 dead after boat carrying migrants sinks off Syria
• Hindu-Muslim Clashes in England, Tension Heightens
• Cuba Prepares For Referendum on Progressive Family Code
• Life Expectancy: The US and Cuba in the Time of Covid
• On Seeking Justice for Chris Kaba
‘Three days before the Queen died, Chris Kaba was killed by a policeman in Streatham Hill’
• Dock workers in Liverpool announce two-week strike in pay dispute
• A tale of three Elizabeths
• Who will solve the rental crisis? Not John Tory
‘For decades, about half of Torontonians have lived in rented dwellings, and despite this rather amazing statistic, they are systematically un- or at best under-represented when it comes to the policy’
• Study shows U.S. Black women suffer from huge pay gap
• The Anti-Racist Manifesto of Colectiva Feminista en Construcción, 2020
• Asylum, Migration and US Foreign Policy
• Inflation, the US Fed and Workers
‘The US Federal Reserve is supposed to have a dual mandate of “maximum employment and price stability… a close look at its policies have shown it very willing to sacrifice the former for the latter.’
• Grotesque Ageism and Human Rights Violations by Ontario Government
‘new powers to push elderly patients and people with chronic care needs out of hospitals, overriding their right to consent.’
• Tackling Inflation in Canada: For Corporations or Workers?
‘thinking is aimed at disciplining the working class of Canada, who may be thinking that significant wage increases are justified.’
• Canadian human rights chief forced to resign over Islamophobic comments
C6. Agriculture (Robbery of rural home market; Machines, if used, mainly imported)
ee Agriculture emphasizes the failure to industrialize an agriculture that keeps the cultivator impoverished under moneylender and merchant, and the need to develop the rural home market, monetization and commercialization, to produce, rather than import, agricultural machinery.
• Hayleys, Lankem, CIC, Unipower, CropLife, and Baurs Attend September 6 Sri Lanka Agripreneurs’ Forum (SLAF)
• An Engineered Food and Poverty Crisis to Secure Continued US Dominance in the World
• World Food Program head warns of global chaos amid food crisis
• World Bank: promoter of starvation?
• Bill Gates Failed Effort To Feed Africa: Was He Even Trying To Help in the First Place?
• US UN Food and Agriculture Agency to visit Sri Lanka
• Lanka Sathosa undergoes restructuring soon to minimise losses
• Food Inflation increases to 84.6% in August 2022
• Plight of paddy farmers: No solution in sight
‘the banks were reluctant to loan money to the Paddy Marketing Board (PMB) as the state enterprise owed them massive sums of money from previous borrowings. ‘
• Paddy Marketing Board (PMB): What for?
• Two Cabinet ministers cross swords over rice imports
• Risk of a shortage of rice for the country
• Paddy Marketing Board (PMB)’s Rs. 2bn state-bankloan bid fails; rice crisis boils
• Releasing of State Bank funds to purchase paddy left in limbo
• Sri Lanka gets first batch of WFP rice donated by Australia
• Sri Lanka coconut prices fall further at weekly auction
• People get their relief on essential goods after they die: Canteen owners Assn.
• Embrace homegrown food instead of complaining: Agriculture Minister
• Food production records downward dive, children affected most: National Organization of Intellectuals
• Nearly four in ten households facing insufficient food consumption in Sri Lanka – WFP
• Sri Lanka among top 10 countries with highest food price inflation: WB
• SL announces anti-hunger measures after reports of rising malnutrition, fainting students
• Sugar tax scam: National Audit Office estimates Rs 16.7 bn revenue loss
• Impossible to prosecute sugar tax policymakers
• As Indian trawlers steal Sri Lankan fish, Chinese sea cucumber firm offers lifeline
• SL navy chase away Indian Poaching trawlers
‘the Navy has seized 25 Indian poaching trawlers and nabbed 189 Indian fishermen in 2022’
• Mannar bio-diversity and its dry fish industry
• Why do we have an egg problem?
• Absence of parent birds result shortage of chicken, eggs: Poultry Assn.
• UNDP awaits Japan-funded hybrid seed corn cargo in October for farmers
• Sri Lanka to allow maize, soybean imports on open account
• Sri Lanka mulls using imported rice for animal feed to keep farmgate prices up
• National Food Promotions Board receives green light to import 25,000 MT of maize
• Pelwatte makes its own animal feed
• After EU, Saudi Arabia raises red flag over cancerous fungicide presence in basmati rice
• Health Minister wants to punish officers for blowing whistle on contaminated Thriposha
• Janatha Estates Development Board (JEDB) looking to a profit of Rs. 100 million this year
• Sri Lanka tea exports down 9.7–pct in August, rupee earnings hit record
• Sri Lanka nabbed 169 online tobacco, alcohol promoters – state finmin
• Organic fertiliser pivot continues to send shockwaves through agriculture sector
• Lifting baseless ban on weed killer, glyphosate
• Woes of agri sector to ease with govt. paving way for glyphosate imports
• Sri Lanka President allows glyphosate for all crops in Maha season
• Education, culture and health of our rural population compromised
‘lobbied by various individuals with an eye of promoting toxins and fossil additives into agriculture’
• X-Press Pearl disaster: SL can claim USD 10 bn as compensation – environmentalist
• Three lagoons to be made Conservation Zones
• MAS Holdings partners with The Wildlife Foundation Kenya
• Oil Palm Plantations and Water Grabbing: Ivory Coast and Gabon
• Ukraine Grain Flowing Into EU Tests European Solidarity
‘Farmers from France to Poland are irked by …a flood of cheaper Ukrainian imports’
• UN agencies say nearly one million people face starvation in hunger hotspots
• UN Climate Conference (COP27) to be Held in Egypt amid Global Challenges
• ‘Fluctuation in Moon’s Orbit’ can Impact Mangrove Canopies, Scientists Find
C7. Industry (False definitions, anti-industrial sermons, rentier/entrepreneur, etc)
ee Industry notes the ignorance about industrialization (versus handicraft and manufacture), the dependence on importing foreign machinery, the need to make machines that make machines, build a producer culture. False definitions of industry, entrepreneur, etc, abound, and the need for a holistic political, economic and military strategy to overcome domination by merchants and moneylenders.
• SriLankan Catering awaits technical evaluation before divestiture
• Producers still grapple with near 100% increase in their costs despite some recent easing
• Trinco Port to export its first shipment (ilmenite a titanium-iron oxide mineral) after 30 years
• Rape of Mannar for mineral sands on the cards
‘The Australian-based mining company through its local subsidiary had commenced secretive heavy mineral exploration in December’
• Petroleum Products Bill inconsistent with Constitution: SC informs Speaker
• IndianOil says LIOC will always remain aligned with Sri Lanka’s national interests
• Govt. invites LIOC to build refinery in Trincomalee
• India’s LIOC to establish 94 more gas stations here
• India’s LIOC donates Rs.200mn to President’s Fund
• Four fuel ships reach Colombo Port; fuel to be unloaded from docked ships
• Sri Lanka pays for 41,000 MT of Diesel
• Sri Lanka’s Auditor General calls for probe in dubious coal deal
• Champika asked to present lowest coal supplier
• Sri Lanka to call for fresh international coal tender amid further power cut threats
• Black Sand Coal supplier pulls out, lawsuit cited as reason
• No LPG shortage following award of fresh term tender soon: Litro Chairman
• CEB says approval for Adani project illegal
• CEB to go ahead with questionable LNG deal
• Sri Lanka joins hands with Bangladesh to boost electronic and electrical industry
• Small hydropower sector warns of more power cuts and tariff hikes in 2023
• National Bhikku Front signs petition against electricity bill increase
• Mahanayaka Theros write to President over electricity tariff hike
• Temples to go dark on Vap Poya
• ‘Only around 12,000 out of of 48,682 places of worship get electricity bills over Rs. 3,990’
• Lanka IOC kicks off commercial operations of SL’s first grease plant
• Sri Lanka private bus service in turmoil, must be permitted to refuel anywhere: PBOA
• Colombo Port volumes decline on global slowdown
• State Minister Kanaka explains sorry situation at SriLankan
‘“There are 6000 employees at SriLankan. We don’t own a single aircraft. We have to pay the lease in dollars. If we do not restructure the airline, 6000 people might lose their jobs,” he said.’
• Mattala Rajapaksa International Airport incurs Rs. 100 Mn loss every month: Nimal Siripala
• Sumanthiran claims high airport taxes has brought Palali to a standstill
• Ceylon Association of Shipping Agents (CASA) conducts 56th AGM
‘Mclarens Holdings’ Shehara De Silva was re-elected chairperson, Hayleys Advantis’ Shano Sabar and Asha Shipping’s Janesh Ratnadasa were elected Vice Chairman & Treasurer. The Executive Committee: Aitken Spence, Ceyline Agencies, Hemas Maritime, Inchcape Mackinnon Mackenzie, Malship, Marine International Agencies, Penguin Shipping Enterprises, Setmil United Cargo and Simatech Marine Lanka’
• Rail track deterioration, lack of routine maintenance contributed to recent derailments: Railway Station Masters’ Union (RSMU)
• Sri Lanka railways seek forex from scrap metal amid currency crisis
• Calls grow louder to make public transport mainstay
• Free Trade Zone Manufacturers Association (FTZMA) calls on Govt. to extend permits to import EVs for BOI firms
• Japan seeks refund from Jaffna Municipality for import of 4 used Japanese garbage trucks
• Netherlands Embassy Pushes Bicycles
‘workshop facilitated by Citra Social Innovation Lab, South Asia’s first social innovation lab, a joint initiative of the United Nations Development Programme and the Government of Sri Lanka’
• FITIS applauds authorities for lifting import suspension on IT hardware products
• Mass adoption of National Fuel Pass is testament to SL’s digital maturity: FITIS
• Sri Lanka’s biggest investor Malaysia’s Dialog Axiata Group promises $ 152.4 m expansion
• Over 10% immediate price reduction in confectionery items
• How the dollar crisis and import restrictions choke a nation
‘Given the ban imposed on importing 305 items the construction industry has been hit hard’
• Construction shrinks twice as much as economy in 2Q
• Lina Manufacturing delivers first ever locally-produced Metered Dose Inhalers
• Export of Aluminum products can generate more foreign exchange
• 92 out of 383 essential drugs in short supply: Keheliya
• Rajitha slams Health Ministry over drug prices
• Plans to launch project to manufacture sanitary pads locally: Keheliya
• US organization ’Americares’ donates US$ 773,000 worth medicines to SL
• Cosmetic sector losing glamour due to government’s import suspension policy
• Report says drug-makers exploit U.S. patent system to make bigger profits
• As African Countries Kick off Local Energy Projects, West Rolls Out Climate Agenda-Based Opposition
• Russian Nuclear Reactor That Uses ‘Innovative’ Fuel Goes Into ‘Full Power Mode’
• Oil prices surge more than 2% as Putin mobilises more troops
• Global chip shortage exacerbated by structural factors
‘They point to the higher demand for smart vehicles, which require more chips’
• Russian Aluminum Imports Are Hurting US Market, Rio Tinto CEO Warns
• Boeing to pay $200 million to settle U.S. charges it misled investors about 737 MAX
C8. Finance (Making money from money, banks, lack of investment in modernity)
ee Finance tracks the effects of financialization, the curious role of ratings agencies, false indices, etc., and the rule of moneylenders, preventing investment in modern production.
• Fitch maintains Sri Lanka’s HDFC Bank’s ‘BB+(lka)’ National Rating on Watch Negative
‘Housing Development Finance Corporation Bank of Sri Lanka’
• Sri Lanka T-bill yields, rupee guidance peg flat in dull trade (S19)
• Sri Lanka Treasuries auction yields fall across maturities (S21)
• Sri Lanka rupee, government securities stead in dull trade (S22)
• Sri Lanka stocks up on beaten financials; investors await for CB’s Friday meeting with creditors (S22)
• SL govt security yields fall, rupee peg steady as debt restructuring talk outcome awaited (S23)
• Sri Lanka rupee bonds see initial interest from foreign investors (S23)
• Stock gains not reflecting economic crisis (S18)
• Net foreign inflow nears Rs. 7 b in Sept (S19)
• Sri Lanka stocks edge down on profit taking after gaining rally
• CSE indices reflect downward trend; retail participation seen as satisfactory (S20)
• Sri Lanka stocks fall for third straight session; net foreign inflow hits over 3-yr high
• Stock exchange down despite Clifford Chance announcement
• Indices continue to close in red (S21)
• Net foreign inflow at Colombo stock market soars to Rs. 10 b
• Year-to-date net foreign inflow Rs. 10 billion; CSE indices up (S22)
• Colombo stock market rebounds as foreign buying persists
• SL stocks up on beaten financials; investors await for CB’s Friday meeting with creditors
• Sri Lanka shares gain over 1-pct in mid-morning trade
• Sri Lanka bourse edges up after three-session fall amid continued foreign inflow
• SL bourse edges down in lower turnover, foreign inflows amid debt restructuring talks (S23)
• CSE trading marked by ‘a degree of sluggishness’; main indices decline (S24)
• Goldman Sachs and Morgan Stanley Disappear from US Senate and House Banking Hearings
C9. Business (Rentierism: money via imports, real-estate, tourism, insurance, fear, privatization)
ee Business focuses on the rentier diversions of the oligarchy, the domination by a merchant mafia, making money from unproductive land sales, tourism, insurance, advertising, etc. – the charade of corporate press releases disguised as ‘news’
• Buying patterns of FMCGs rapidly changing during ongoing economic crisis: Hemas
• 43rd AGM of the Sri Lanka – Japan Business Council
‘Mahen Kariyawasan, Andrew The Travel Co. was elected President , Ruwan Waidyaratne, Hayleys Advantis; Athulla R.F. Edirisinghe, Hirohama Ceylon; Rohitha Mendis, Prudential Shipping Lines; Chanaka Kariyapperuma, ASOL Traders; and Jeewana Waidyaratne, Metatechno Lanka were elected Vice Presidents
• Bileeta Partners with USAID CATALYZE Sri Lanka Private Sector Development (PSD) to Offer Tech Support to SMEs
• ‘My memories in UAE and Israel are enclosed. Open to discussions’
‘Sarath Wijesinghe President’s Counsel, former Ambassador to UAE and Israel’
• SG Holdings collects 2.5% Expo stake for Rs. 10 b
• Softlogic Takes over Subway Operations in Sri Lanka
• Experts point out golden opportunity for Lankan businesses to meet Colombo Port City needs
‘the Port City would need 500,000 floor tiles, 2.3 million square metres of carpets, 7,188 bedding sets, 480,000 gallons of paint, one million LED bulbs, and six million square metres of wall paper.’
• Lotus Tower finally opens– Sunday Times
• Revenue from Lotus Tower exceeds Rs. 11 Mn since opening
• Sri Lanka to offer winter tourism refuge from Powell-Lagarde bubble
• Crisis-hit Sri Lanka sees $900 mln tourism revenue in 8 months amid slower recovery
• Japan to reopen to independent travelers
• Ben & Jerry’s founder says Unilever violating deal over Israel sale
C10. Politics (Anti-parliament discourse, unelected constitution)
ee Politics points to the constant diversions and spectacles and the mercantile and financial forces funding the political actors, of policy hijacked by private interests minus public oversight.
• Will Samarkand’s Spirit Revive the Word ‘Mutual’ in World Affairs?
• Ex-President in Retrospect: A Note to Galle Face Protesters and their New Messiahs
• Pohottu As USA Proxy Part 8Ma, Mb, Mc , Md, Me, Mf, Mg
• Our country is once again acting as a colony – Nalin de Silva
• North, East political parties oppose change in Trinco demographics
• 25-point common framework for a re-founding of the center-left: Jayatilleka
• Ranil versus the JVP – David
• Patali warns RW of another public uprising
• Tell even leaders of our political party to behave in the way you want: Sarath Fonseka
• Dilemmas of the new norm – Sarala Fernando, Former Foreign Ministry Additional Secretary
‘in Ukraine where President Zelensky has proved a master at communication…’
• SLFP to oust party seniors from posts
• SLPP asks President to consider district leaders, former ministers
• Why President took large delegation to see Queen; questions Welgama
• People’s revolt inevitable if no polls are held within 6 months. Ven. Dhammarathana
• Mangala’s Aragalaya that never was, and must be
• President in a tizzy over Ruwan’s photo
• ‘Power to the People-System Change’ organization (YOUTH FOR CHANGE*)
• MPs right to speak suppressed: GL
• Mihintale sermon
‘Unless politicians got their act together, the religious leaders would be compelled to take the lead in getting rid of them by mobilising the masses’
• SJB calls on EC to fix dates for local Government elections
• First post-independence assassination of a premier political leader – Jeyaraj
• ‘Supreme Lanka Coalition’ to join Dullas Alahapperuma?
• The Opposition is making the most of the SLPP’s fear of elections
• GL complains of step-motherly treatment for SLPP rebels MPs in Parliament
• Politicians are behaving as if the media had done something far worse
• Decline of the Western Left
‘In order for them to move forward, they must start a movement that is industry-sensitive and productivity-driven, and willing to decouple imperialist leverage (market access through imperialist institutions) from productivity-driven competition.’
• Our Opportunity (1931) – Bhagat Singh
‘Indian freedom is not perhaps any longer a far distant dream; events are moving apace and it may become a reality sooner than we expect.’
• Aleksandr Dugin: The Most Misunderstood Man in the World
• Shame On Ben Norton!
‘This liar decided to smear Dugin not even a day after his daughter was murdered by the Ukrainian state, not only calling him a fascist, but outright lying through his teeth about his views on China.’
• Lipstick on a pig: The attempts to prettify fascism
• A Final Word on “MAGA Communism” and Social Conservatism
‘A fashionable online trend has emerged that presumes social conservatism and “Make America Great Again” (MAGA), the Trump-inspired ideology, as sufficient responses to the liberal branding of the Democratic Party’
• The Brahmins of Democracy: Bolshevism versus Menshevism
• The Rise of MAGA Communism
• Addressing Our Critics: Nationalism & Internationalism
‘Roderic Day is a Fraud; GenZhou are clueless Baizuo undergrads’
• Exposing the fraud that is Luna Oi
• Can leftist Lula make a comeback?
• The Anti-Marxist Arrangement
‘Marx did not base his thought on a commitment to the moral abstractions, like equality and justice, that have defined the left throughout its history.’
• Chile should send its proposed constitution back for a rewrite
• Canadian Chief’s ‘45 Diary: Hiroshima Spared Whites
• England’s elections watchdog calls for action to tackle candidate intimidation
• UN Secretary-General Antonio Guterres warns world is in danger
C11. Media (Mis/Coverage of economics, technology, science and art)
ee Media shows how corporate media monopoly determines what is news, art, culture, etc. The media is part of the public relations (corporate propaganda) industry. The failure to highlight our priorities, the need to read between the lines. To set new perspectives and priorities.
• They have not heard of Julie Chung and the local foot soldiers hired to do US propaganda
• How Shell and BP financed Britain’s Cold War propaganda machine
‘Two oil corporations bankrolled UK covert propaganda operations during the 1950s and 60s. The goal was to secure British access to key oil supplies across the developing world.’
• How Covert English Information Wars Target Russia, Threatening Civilians and Journalists
• Pentagon orders review of psyops program over fake social media accounts
‘Some of the accounts were used to post messages about Russia, China and Iran.’
• Rekindling Its Iraq WMD Fiasco The New York Times Is Back At Printing ‘Officials Said’
• Rebirth – Nalin de Silva
• Massive US voter database, data mining, get-out-the-vote operation, etc. called i360
• Sri Lanka to establish broadcast authority to foster “better, more sophisticated” media culture
• Canada-based World’s Largest broadcasting union condemns police assault on SL journalists
• Weranga Arrest: Human Rights Probe Continues
‘Complaint filed by the Union of Young Journalists and the Union of Trade Unions and Mass Unions.’
• Police seek public support to arrest four men for storming into SLRC
• 23rd year of the Colombo International Book Fair
• Expolanka, Hayleys, LOLC and JKH take honours in LMD 100 rankings
• Case alleging printing of pirate copies of Sarachchandra
• Mrs. B was meeting Dudley Seers mission when news of 1971 insurrection broke
• The JRJ Personal and how he ran the show – Sarath Amunugama
• Launch of Middle East Briefing Explores China-Gulf Ties and Beyond
• Talk on ‘Buddhism in Germany’ to mark 70th anniversary of German Dharmaduta Society
• London Buddhist Vihara holds service for late Queen and to bless new King
• Farewell, Elizabeth, ‘May flights of angels sing thee to thy rest!’ – Don Manu Sunday Times
• “The letter by Her Majesty Queen Elizabeth II was special” : President Ranil Wickremesinghe
• ‘The Scholarly Discourse on Indian Literature’ – Monthly Lecture 6
• Guidelines for Myself (1943) – Zhou Enlai
• Lenin and the National Liberation Struggle (1970) – Amílcar Cabral
• Stalin: What They Don’t Teach You in School
• Sports and Black Struggle
• The Fight to Hold Pornhub Accountable