What Causes Inflation?
Sept 4- 2023 “We understand better now how little we understand about inflation,”[i] commented Jerome Powell, Chair of the US Federal Reserve (the Fed), when inflation reached its highest level since the late 1970s in...
Sept 4- 2023 “We understand better now how little we understand about inflation,”[i] commented Jerome Powell, Chair of the US Federal Reserve (the Fed), when inflation reached its highest level since the late 1970s in...
Part 3 -July 14- 2023 * A weakness of the Galle Face declaration is its calls for the existing parliament to reform itself by changing the way it operates, abolition of the presidency, and...
July 12 -2023 The current regime lacks any viable economic solution other than perpetuating further suffering among the broader population. Their economic survival hinges on the continuation of this brutal suffering for the masses,...
It has been a year since the mass movement erupted in July 2022. The movement now faces a number of questions that need to be addressed. The development of future struggles and their victory...
March 23 -2023 On 20 March, the IMF announced a $3 billion bailout (over 4 years) for Sri Lanka. However, this deal is nowhere near enough to solve the deep crisis that Sri Lanka...
Deepening crisis Sri Lanka came to a halt early this month as the government announced that it does not have enough fuel or any money available for imports. All private vehicles are banned and...
The Sri Lankan government’s attempt to defeat the movement against it has provoked a ferocious reaction from protesters. Just days before, on 6 May, trade unions organised the most successful Hartal (a general stoppage...
The following statement was circulated by the United Socialist Party (CWI in Sri Lanka) to socialist parties and groups in Sri Lanka from 12th August. Socialistworld.net An open appeal to socialist organisations Building for a...
A historical day was marked on 9 July in Sri Lanka, when the masses decisively entered the pages of history. People from all around the country descended on the capital city Colombo to register...
Tens of thousands gathered in Sri Lanka again today to make sure that President Gotabaya Rajapaksa finally resigned and was gone. With the help of the military, the president was reported to have fled...