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Sri Lanka’s new President Dissanayake is facing his first big test – rising rice prices. High import tariffs and a powerful rice mafia given to hoarding of the staple, are compounded by other market distortions. Can he balance urban consumer demands with rural farmer interests? Either way, his options are limited.
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In its election manifesto for Maharashtra, the winning Bharatiya Janata Party (BJP) has set a goal of transforming Maharashtra into a $1 trillion economy by 2028. To achieve this, the state will need to focus on increasing its share of Foreign Direct Investment which, although the biggest in the country, has stagnated over the past decade.
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Since their swearing-in in September this year, President Anura Kumara Dissanayake’s cabinet of three has been campaigning for long-term economic and political reform. To make these major changes and put Sri Lanka back on the growth path, they will now need to win a majority in the Parliamentary elections to be held on November 14.
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India and Indonesia have a comprehensive strategic relationship built on their ancient and modern histories, and a flourishing relationship sustained by trade, economic exchange and people-to-people contact. The India-Indonesia Track 1.5 Dialogue, hosted by Gateway House and the Centre for Strategic and International Studies, Indonesia, aims to provide policy recommendations to promote innovation and navigate evolving governance issues through bilateral and multilateral cooperation.
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Gateway House presents a timeline that highlights the cross-border dynamics between Myanmar and India’s northeast. Myanmar’s military coup and breakdown of authority have aggravated existing local problems related to population displacement, border security, competition for resources and ethnic tensions. Now India must engage more directly with the entities that control land along its borders, and the local communities who know it best.
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Sri Lanka's sovereign debt default in April 2022 triggered a paralyzing economic crisis. Steep inflation and widespread financial uncertainty hampered any efforts at recovery. The economy is now showing signs of stabilization. Internally focused government policies, foreign investment, aid from development partners like India and the U.S., and the IMF’s recovery program have set Sri Lanka on the path to recovery and, hopefully, eventual economic success.
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In the backdrop of the Shanghai Cooperation Organisation summit being held in Islamabad this week, is a restive state and peoples. Three high profile attacks in just a week were followed by a show of defiance from the large Pashtun community, demanding political equity – but also electricity concessions. The military has been stepping in to resolve commercial power deals, underlining the criticality of this issue in Pakistan.
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The new Sri Lankan government led by President Anura Kumar Dissanayake held its first meeting with the International Monetary Fund on October 3, to discuss further debt relief. Dissanayake, who overcame voter apprehension in the country’s presidential elections held two weeks ago, now has a historic opportunity to bring Sri Lanka out of the crisis and enable a compassionate and efficient transformation.
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Recent state elections in Brandenburg, Saxony and Thuringia in east Germany saw the far-right Alternative for Democracy (AfD) and the left-wing Bündnis Sahra Wagenknecht (BSW) make significant gains in vote share. With German federal elections just a year away, major parties like the ruling CDU and SPD which have seen voter support erode considerably, will now have to re-strategise to stay relevant in Germany’s transforming political landscape.
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The presidential election in Sri Lanka on September 21 is the country's first since its economic crisis of 2022. Dr S D Muni, Professor Emeritus at the School of International Studies, Jawaharlal Nehru University, discusses major issues on the ballot, principal candidates in the race and their policies, long-term social and political trends, and takeaways for the Sri Lankan parliamentary elections due later this year.