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Bigger Asean could counter tariffs
Oped, R M Manivannan, Published on 17/04/2025
» When US President Donald Trump finally unleashed his long-threatened tariff blitz, the scale and scope were far worse than most governments expected. It came as no surprise that China would be the hardest hit, but the punishing duties imposed on most Asian countries were a profound shock.
Sri Lanka needs a currency board
Asia focus, RM Manivannan, Published on 13/06/2022
» The war in Ukraine has generated an economic tidal wave that is crashing over countries near and far. Among the more far-flung is Sri Lanka, half a world away from the battlefield, where surging food and fuel prices have supercharged a downward spiral that was already under way.
Sri Lanka needs a currency board
News, R M Manivannan, Published on 09/05/2022
» The war in Ukraine has generated an economic tidal wave, which is crashing over countries near and far. Among the more far-flung is Sri Lanka, where surging food and fuel prices have supercharged a downward spiral that was already underway. Now, the island is being rocked by street protests, and every member of the cabinet -- except Prime Minister Mahinda Rajapaksa, the brother of President Gotabaya Rajapaksa -- has resigned. To save Sri Lanka from economic collapse and socio-political disaster will require radical action.