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Interesting article written by an Indian Economist

Tue Oct 11, 2016 5:25 pm by niranjan

An interesting story about world economy. How valid is it? I leave it to you.

Amazing logic indeed. This is a crazy world! Interesting article written by an Indian Economist

Japanese save a lot. They do not spend much. Also, Japan exports far more than it imports. Has an annual trade surplus of over 100 billion. Yet Japanese economy is considered weak, even collapsing.

Americans spend, save …

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Isn't there anyone in Sri Lanka who can think Mr Prime Minister ?

Sun Sep 18, 2016 6:15 pm by hettihewa

I read on Sunday times today that rime minister is requesting cabinet to approve USD 2.3 Mn ( Rs 340 Mn) to hire a US based consultancy firm McKinsey and Company to advice Sri Lanka Government how to “set up a Central Programme Management Unit.”

We know that for prime minister anything foreign is gold.

Cant he find anyone in Sri Lanka who can think without spending so much money on a …

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DID MAHINDA CHINTHANAYA GET ITS DUE RECOGNITION ? WAS IT A FAILURE OR FAILED TO COMMUNICATE THE BENEFITS ?

Thu Sep 15, 2016 6:05 pm by niranjan

DID MAHINDA CHINTHANAYA GET ITS DUE RECOGNITION ? WAS IT A FAILURE OR FAILED TO COMMUNICATE THE BENEFITS ?

1. “Build The Sri Lankan knowledge economy” a study carried out On ‘Knowledge for Development’ Strategy, by the Finance and private sector development unit of World Bank in 2007 , identified 4 factors that would drive the economic growth , termed as the four pillars of …

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THE PROPOSED NEW CONSTITUTION TO BENEFIT WHOM ?

Mon Sep 12, 2016 8:12 pm by niranjan

THE PROPOSED NEW CONSTITUTION TO BENEFIT WHOM ?

PROPOSED NEW CONSTITUTION Undoubtedly should be to benefit the people , by the people whom they have elected to act on their behalf , through a so called democratic process but in realty which is limited from the time of the parliament is dissolved and until a new government is elected which is the bitter truth!

Therefor it’s the …

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Village Councils for sustainable economic growth and political stability

Mon Aug 22, 2016 7:08 pm by niranjan

Setting up strong Village Councils could be the way forward to bring sustainable Economic and Political Growth in Sri Lanka which has been talked about but not much attention has been made.


1. There are 14022 Gramasawaka Divisions In the country where a strong administration new work is already in existence, which could be converted into Strong Political and administrative units rather than …

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සිපෙට්කෝටත් අබ සරණයි...

Fri Aug 19, 2016 5:27 pm by NRF

2014 ලාබය රුපියල් මිලියන 1633 යි..
2015 පාඩුව රුපියල් මිලියන 18384 යි..
(2015 මුදල් අමාත්‍යංශ වාර්තාව)

ඔය අතරෙ මේ ටිකත්
සිතා බැලුවොත් හොඳයි...

- 2014 වසරේ බොර තෙල් බැරලයක
මිල …

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හෙජින් ගණුදෙනුව

Wed Aug 10, 2016 9:51 pm by NRF

රාජපක්ෂලාගෙ
හෙජින් ගණුදෙනුවේ
අදට සම්පූරණ අලාභය
රුපියල් කෝටි 1020 යි...
2015 වසරේ පමණක්
ලෝක වෙළඳ පොලේ තෙල් මිල
අඩුවීම නිසා 2014ට සාපේක්ෂව
යහපාලන රජයට ඉතිරි වූ …

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තෙල් මිල අඩුවී ඇති අද, ගුවන් සමාගම් විකිනීම සාධාරණද ?

Thu Jul 28, 2016 9:12 pm by hettihewa

ලෝක වෙළඳ පොලේ ඉන්ධන මිල 50% පහල යාමත් සමඟ 2015 වසරේ මිහින් ලංකා ආයතනය රුපියල් බිලියන 1.3 ක ලාබයක් ලැබීය

ශ්‍රී ලාංකන් ගුවන් සේවයේ වාර්ශික පාඩුව 63% කින් පහලට …

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An Economy in turmoil

Thu Jul 28, 2016 8:53 pm by Hasitha

The inability of the present leadership to manage the country effectively is quite visible. The economy as shown above is in turmoil. Within 1 ½ years the prime minister has announced 3 different policy statements in parliament and public are wondering which one is valid. The budget 2016, which was presented in November 2015, has been the biggest amusement in the Sri Lankan parliamentary …

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Clinton Foundation Raked in Cash from Right-Wing Regimes, Corporations and Toppled Sri Lanka's Stronger Government

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Clinton Foundation Raked in Cash from Right-Wing Regimes, Corporations and Toppled Sri Lanka's Stronger Government

Post by JamesRutnam on Fri Sep 23, 2016 5:15 am

By Tom Hall
Global Research, July 07, 2016
World Socialist Web Site 28 February 2015

This incisive WSWS article (originally posted on Global Research in March 2015) confirms the racketeering charges of the FBI against the Clinton Foundation
Several press reports [late February 2015] highlight details of the major donors to the Bill, Hillary and Chelsea Clinton Foundation, including right-wing Persian Gulf monarchies, big defense contractors, and an array of corporations and governments seeking influence with the US political establishment—and potentially in the next White House.

Founded in 2001 after the end of Bill Clinton’s second term as president, the Foundation has raised and distributed huge amounts of money, reaching nearly $2 billion. After a brief drop in fundraising coinciding with Hillary Clinton’s term as secretary of state from 2009 to 2013, when most foreign donations were discouraged because of conflict-of-interest concerns, donations jumped $100 million in 2013, reaching $262 million.

The list of the Foundation’s largest donors, available on the Foundation’swebsite, is a virtual who’s who of the super-rich and major corporations. The largest donors, having given over $25 million since 2001, include the Bill and Melinda Gates Foundation, well known for its leading role in the dismantling of public education, Chicago multimillionaire and top Democratic Party donor Fred Eychaner, and, strangely, the Dutch national lottery.

Major corporations appear in spades in the list of 168 individuals and organizations that have given more than $1 million. Defense contractors such as Boeing and Booz Allen Hamilton, both gave between $1 and $5 million, joined by Barclays, Goldman Sachs, and the American Federation of Teachers.
The reactionary Persian Gulf monarchies have poured tens of millions into the Clinton Foundation, including Saudi Arabia ($10 to $25 million), Kuwait, ($5 to $10 million), Qatar, Oman and the United Arab Emirates ($1 to $5 million). In addition, several groups and individuals close to the Saudi government have also made tens of millions in contributions.

The Clinton Foundation made an agreement with the Obama administration not to accept new donations from foreign sources during Hillary Clinton’s tenure as secretary of state, a policy which has now expired. However, tens of millions of overseas dollars continued to flow into the Foundation through an exemption which allowed existing donors to continue making contributions at a similar level.

Claims by Clinton Foundation donors that they were genuinely interested in charity are belied by the circumstances of many of the donations. For example, the Wall Street Journal cited an incident in 2009 in which Hillary Clinton convinced Russia to purchase 50 Boeing 737s; seven months later, Boeing made its first-ever donation to the Clinton Foundation, $900,000 to help “rebuild” Haiti’s school system. Perhaps admitting more than she intended, a Boeing spokeswoman said in a written statement, “Secretary Clinton did nothing for Boeing that former US presidents and cabinet secretaries haven’t done for decades.”

In another case, the Foundation received a $500,000 donation from the government of Algeria for its pro-market “relief” effort in Haiti. TheWashington Post notes that the donation, which violated the Foundation’s earlier agreement with the Obama administration, came in the midst of a particularly heavy lobbying push from Algeria in Washington in the aftermath of a report by Clinton’s State Department condemning Algeria’s human rights record. The donation was more than the Algerian government spent on lobbying for the entire year.

Two years later, Secretary of State Clinton lobbied successfully on behalf of GE in its bids to construct power plants in Algeria, described by the company as “some of its largest power agreements in company history.” A month later, GE donated from $500,000 to $1 million to the Clinton Foundation.

The focus in the media, especially from Journal and other ultra-right outlets, has been on the fact that foreign countries, companies and individuals comprise a third of the foundation’s major donors, implying that they are purchasing political influence through the Clintons. While there is a degree of truth to this, this is also a two-way street, as the Clinton Foundation is fully integrated into the political apparatus as an instrument of American imperialist foreign policy.

Instructive in this regard is their role in the “rebuilding” of Haiti after the 2010 earthquake, in which some 300,000 died. The Clinton Foundation played a major role, with Bill Clinton himself co-chairing the panel that distributed all international aid to Haiti. The entire aid effort was used to ram through pro-market restructuring, while American and then UN “peacekeepers” patrolled the country to prevent any opposition from the population. The Obama administration made no objection to the Algerian donation to the Clinton Foundation for the simple reason that it was entirely in line with American foreign policy in Haiti.

The Clinton Foundation’s version of “charity” also involves imperialist intrigue. This included secret maneuvers last year against Sri Lankan president Mahinda Rajapakse, which ultimately led to his electoral defeat last month. The country’s former president Chandrika Kumaratunga, who joined the Clinton Foundation in 2005, played the major role in backroom deals that led to Maithripala Sirisena’s sudden departure from the government and announcement that he would be the “common opposition candidate.” Earlier this month Kumaratunga admitted that unnamed “foreign governments” had urged her to maneuver against Rajapakse.

During her time as secretary of state, Hillary Clinton took the lead in denouncing the Sri Lankan government’s “human rights record” in order to pressure it to move away from its ties with China as part of the Obama administration’s “Pivot to Asia.” She presented resolutions in 2011 and 2012 in her capacity as secretary of state demanding that the UN take action against Sri Lanka for human rights violations during the civil war against Tamil separatist guerrillas.

JamesRutnam

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