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Mahinda cuts his losses, but…
Published Date: 18/12/2018 (Tuesday)
The irony is true and striking. In the normal course, political leaders enter office in public, celebrating it all, and quit, when it became unavoidable, quiet and withdrawn. Not Percy Mahinda Rajapaksa. So much so when he quit as President after the adversarial electoral verdict in the early hours of 9 January 2015, that was more in the news and in the people’s mind than the ‘advent of democracy’ and the return of Ranil Wickremesinghe as Prime
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The Great Game in the Indian Ocean: Modi govt announces massive assistance to the Maldives to counter China
Published Date: 18/12/2018 (Tuesday)
How India is trying to wean the Maldives away from Chinese sphere of influence. On Monday, PM Narendra Modi announced $1.4 billion in financial aid to the Maldives after talks with President of Maldives, Ibrahim Mohamed Solih who is on his maiden state visit to India. In a significant move, Solih has chosen India for his first state visit. PM Modi has also attended President Solih’s swearing-in ceremony on November 17.
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China rejects India proposal for trade in local currencies
Published Date: 16/12/2018 (Sunday)
China has not accepted India's proposal to carry out bilateral trade in local currencies which was aimed at bridging the ballooning trade deficit with the neighbouring country, an official said.
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