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    Democracy

    India Writes Off $100 Million in Sri Lankan Debt as Modi Resets Bilateral Ties

    India played a key role as a co-chair in Sri Lanka’s overall debt restructuring discussions, making it a critical diplomatic player in the island nation’s path to financial recovery.
    OWSA Contributor -
    Energy

    Sri Lanka to Amend IMF-Backed Electricity Act Amid Policy Shift

    While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.
    OWSA Contributor -
    Democracy

    Nepal: Economic Prosperity vs. Rising Debt and Inflation

    With vegetable inflation exceeding 40 per cent, consumers face the brunt of soaring costs, while weak market monitoring and governance exacerbate the issue.
    OWSA Contributor -
    Finance and Economy

    Nepal’s Public Debt Soars: Reaching 44 per cent of GDP, Experts Urge Fiscal Prudence

    Nepal’s debt trajectory aligns with global trends among developing nations, which have seen rising public debt due to post-pandemic recovery efforts, inflationary pressures, and currency devaluations.
    OWSA Contributor -
    Finance and Economy

    Maldives: Muizzu Addresses Economic Stabilization Efforts, Commits to Avoid Printing Money

    The President revealed that the government had successfully recouped MVR 3.1 billion from various parties, contributing to a reduction in the overall national debt.
    OWSA Contributor -
    Democracy

    Sri Lanka’s New Outsider President In With a Chance

    Despite riding a wave of anti-corruption and anti-establishment sentiment, Dissanayake’s promise to renegotiate some austerity measures entails great economic risk and is unlikely to...
    East Asia Forum -
    Civil society

    At UN ‘Summit of the Future’, Civil Society Demand Radical Changes to International Financial Architecture

    Currency devaluations have raised the cost of servicing external debt, in many instances, while governments have been forced by conditionalities imposed by international institutions...
    OWSA Contributor -
    Finance and Economy

    Sri Lanka Set to Announce Successful Completion of Debt Restructuring Programme

    With the global economic landscape evolving rapidly, the island nation's ability to manage its debt and implement effective economic policies will be closely watched...
    OWSA Contributor -
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    Finance and Economy

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
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    Climate change

    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.
    Animals and wildlife

    While India’s RAMSAR Sites Tally Rises, Wetlands Remain Endangered

    Conservationists, activists, and newspaper editorials in India have long been expressing concerns about the “decline” and “neglect” of wetland ecosystems across India.

    Must read

    Finance and Economy

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
    Climate change

    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.
    Bangladesh

    Bangladesh, Pakistan Resume High-Level Talks After 15 Years Amid Signs of Thaw in Ties

    As both sides prepare for Deputy Prime Minister Dar’s visit later this month, expectations are rising for further breakthroughs – not only in diplomatic symbolism but in real policy shifts that could redefine South Asia’s often turbulent regional dynamics.
    Finance and Economy

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
    Finance and Economy

    Is it Time to Say RIP to the SDGs?

    When he was elected for a second term, President Donald Trump promised extraordinary, history-making change. Whether you support his world view or not, no one can deny he has been true to his word. The previous multilateral consensus is shattered.

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