The US government shutdown and the debt ceiling crisis have increased global concerns regarding the impact of the dysfunctional US political system on the international financial system, in particular, and the global economy more generally.

Great Leap Forward in Sino-Lankan Relations- A way forward

China’s Steadfast Friendship

Sino-Lankan relations are on the threshold of a transformative leap forward. Contacts between Sri Lanka and the Middle Kingdom go back several centuries to the visits by the monk/scholar Fa Hsien and the impressive naval fleet of Admiral Zheng He. In the post-colonial era, the historic Rubber-Rice Pact (1952) was the landmark that initiated the very cordial relations that have prevailed between the two countries during the subsequent decades. China has been a steadfast friend which has played a very important role in protecting the unity and territorial integrity of the country. 

Pathfinder Economic BLAST

Reversal International Capital Flows: Exposes Frailty of Some Emerging Economies

Impact of Reversal of Capital Flows.

Central Bankers in major economies, particularly the US Federal Reserve and the European Central Bank, always knew that it was extremely risky when they embarked upon quantitative easing.