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Sri Lanka Back as Donor Darling Ignores the BRICS

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Photo: Newly formed Sri Lankan Marine Corps gets 241 years of experience in under a week. Credit: U.S. Marine Corps photo by Petty Officer 2nd Class Jacob L. IDN is the flagship agency of the Non-profit .

France’s Macron and the US Fish in the Indian Ocean

By Darini Rajasingham-Senanayake

COLOMBO. 23 August 2023 (IDN) —Sri Lanka continues to swing wildly between being a ‘Donor Darling’ flooded with foreign ‘aid’ and ‘advisors’ on the one hand to a ‘bankrupt’ pariah or outcast on the other.

Last year, the strategic Indian Ocean Island went from South Asia’s wealthiest nation with the best social and human development indicators to a beggar—humiliated and shunned by the ‘international community.’ This was after staging its first-ever Sovereign Default due to a Eurobond debt trap and purported lack of US dollars.

The default triggered rapid rupee depreciation and instantly beggared citizens amid a distracting trans-nationally networked, remote-controlled ‘Aragalaya’ protest operation led by social media influencers. Ironically, there was a blockade on fuel shipments to the country amid the United States Marine’s ‘Sea Vision’ training program for the Sri Lanka Navy.

Only India, the South Asian regional hegemon and good neighbor, was willing and able to help at the time. The narrative in the local and global corporate media echo chamber was that there was no fuel, food, fertilizer, medicines, or tourists to generate exorbitantly privileged and copiously printed US dollars to buy necessities. As the rupee plummeted, newly appointed US-backed President Ranil Wickremesinghe promised famine and 15-hour power cuts by promoting fear, out-migration, and brain drain from the country.

Yet, miraculously, like the Phoenix risen from the ashes a year later, Sri Lanka is back, having taken mana from heaven in the form of an International Monetary Fund (IMF) loan of just $2.9 billion to be disbursed over four years, that enabled the magical US dollars to flow again!

Last week, the island hosted the Indo-Pacific Environmental Security Forum (IPESF) at Colombo’s Shangri La Hotel, which faces South Asia’s busiest Port. More than 140 senior officers from foreign defense forces and top-level environmentalists from 28 countries in the Indo-Pacific took part at the confab overlooking Galle Face, the Aragalaya protest site. The four-day Environmental Security conference was hosted by the US Indo-Pacific Command (INDOPACOM), Sri Lanka Navy (SLN), and Sri Lanka Coast Guard (SLCG).

Although described as an ‘environmental security’ conference, the IPESF did not discuss the environmentally devastating impacts and economic costs of the global military business industrial complex, including 750 plus US military bases worldwide, their carbon emissions, and military exercises.

Environmental impacts of military exercises and war, like the Nordstream pipeline destruction or stranding and death of Pilot Whales and Dolphins due to war games as sonar systems of aircraft carriers disorient large sea creatures, were NOT on the agenda.

Climate Hypocrisy

The environmental impact of the NATO war machine and ongoing wars in Ukraine and Africa were the elephant in the room at Colombo’s Shangri-La Environmental Security Forum. Instead, trendy topics like Debt for Nature Swaps (DFNS), also called Environment, Social and Governance (ESG) bonds based on opaque carbon credit calculations, urbanization, ocean plastics, partnerships for climate resilience, data science in climate risk management, etc. were agenda items.

Two weeks before the IPESF, on July 28, French President Emmanuel Macron paid a midnight visit to Sri Lanka, where the OECD’s Club de Paris, represents Eurobond holders who were primarily responsible for the default, was involved in ongoing IMF debt restructuring negotiations and Numbers Game that are set to deepen the country’s debt bondage.

Macron, attempting to Greenwash Odious Debt and the most corrupt, opaque, and crime-ridden sector of the Western global financial system—Bond trading and derivatives—had been promoting the ‘New Global Financing Pact,’ launched last month in Paris. Based on opaque Carbon Credit calculations, the ‘Anthropocene’ climate catastrophe narrative was used to market DFNS, or Green and Blue Bonds.

Predatory bond traders, principal among them BlackRock, have debt trapped over 55 countries in the Global South during COVID-19 lockdowns. Hence, anti-corruption activists in Sri Lanka had called for an outright ban on government borrowing on private bond markets, which caused the Sovereign Default worst economic crisis, and for the country to seek membership in BRICS and the New Development Bank.

Macron, facing a rout in West Africa, was fishing in Sri Lanka’s troubled waters and promised to set up an office of the French Agency for International Development (AFD) in Colombo.

French fisheries fleets stationed in the Seychelles have been accused of over-fishing and Ocean Grabbing and impoverishing Indian Ocean littoral fisheries communities for decades. Indeed, a Brookings Institution report pointed the finger at French fleets for depriving Somalian Fishers of their livelihoods and forcing them into piracy.

Hot on the heels of departing Macron, a Japanese Government team arrived in Colombo to shower aid on the Ranil-Rajapaksa regime and restart a rapid rail project. A couple of months before Macron’s visit, CIA chief William Burns had paid a top-secret visit to the country, and the United States Ambassador at Large for Cyberspace and Digital Policy, Nathaniel C. Fick, was expected in Colombo from 17 to 23 August 2023, according to the Department of State. The Chinese were in the country earlier.

Aid Dependence and a Corruption Pandemic

Is Sri Lanka, which sits on major global trade, energy, and Submarine Data Cable routes, back again as a ‘donor darling’? The strategic island, long deemed an “unsinkable aircraft carrier in the middle of the Indian Ocean,” clearly suffers from a geostrategic ‘Resource Curse,” as well as aid-induced Dutch Disease and de-industrialization:

The Island, although rich in valuable marine resources and minerals including Graphite, Zircon, Titanium, etc., now depends on European Union GSP plus handouts to export underwear stitched by women and girls, who are working long hours in Free Trade Zone factories and servicing tourists to earn foreign exchange.

Since Independence in 1948, ‘Aid’ dependency has permeated and penetrated the government, military, business elite, policy-making, and civil society institutions, impeding industrialization and development, particularly the leveraging of valuable marine and mineral resources, including Graphite and Phosphates for fertilizer.

So, too, national law and order and investigative agencies and institutions have been penetrated and compromised due to dependency on foreign aid and experts and politicization. This has left the country vulnerable to trans-nationally networked crime, corruption, and being pumped, dumped, and de-stabilized during staged exogenous economic shocks sans proper investigations, analysis, and research.

Policies of promoting brain drain and skilled out-migration have exacerbated dependency on foreign aid, advisors, and consultants in a country already reeling from two years of COVID-19 lockdowns that had debilitated institutions and oversight mechanisms and enabled Digital Colonialism also visible in the IMF and World Bank debt numbers games.

Middle-Income Country Trap to “Make the Economy Scream”

In 2019, the country was also pumped and dumped by World Bank ‘experts’ when Sri Lanka was upgraded to an Upper Middle-Income Country (MIC). MIC status rendered the island ineligible to access concessionary loans available to less developed countries.

During two years of economically devastating COVID-19 lockdowns, successive incompetent and corrupt Ranil-Rajapaksa regimes related business cronies borrowed from private capital markets and hedge funds like BlackRock that charge predatory interest rates because of the World Bank’s MIC trap—leading to the first-ever default in 2022.

Early in its post-colonial history, Ceylon/ Sri Lanka, caught in Cold War regional refractions, was subject to various exogenous political and economic shocks; the country’s first socialist Prime Minister, who set about nationalizing ports, airports, and plantations, was assassinated, and his successor faced a coup. Insurrections in the shape of ’Jakarta Method’ operations, followed by a 30-year globally networked ‘ethnic conflict.’

Then came the mysterious 2019 Islamic State (IS)-claimed attacks at Easter Sunday on tourist hotels and churches and Chinese investments to make the ‘economy and society scream’ and encourage the obdurately independent natives to accept the Millennium Challenge Corporation (MCC), compact and the Status of Forces Agreement (SOFA), to enable US boots on the ground.

Amid the Aragalaya protest drama, default, and regime change operation last year, there were shades of President Nixon’s instructions to the Central Intelligence Agency (CIA) to make Chile’s ‘economy scream’ as a prelude to the overthrow of democratically-elected Leftist President Salvador Allende and the installation of dictator General Pinochet in 1973 during the Cold War.

As protests unfolded, the newly installed pro-Washington Ranil-Rajapaksa regime predictably promoted the myth that “there is no alternative to the IMF” and further Eurobond borrowing and debt colonialism –seemingly in preparation for an IMF Firesale of assets (prime coastal and highland lands, energy, transport, and telecom infrastructure) to benefit Eurobond traders.

Resilient in the Asian 21st Century?

However, once again, the resilient island appears to be back in business and humming along, but this time, the pumping and dumping of Sri Lanka as a new hybrid Cold War ramps up in the Indian Ocean with remote Over the Horizon (OTH), cyber and economic war operations for Full Spectrum Dominance (FSD), by a crashing superpower seems different.

During the first Cold War, there was still space for the Non-Aligned Movement (NAM) to declare the Indian Ocean as a “Zone of Peace,’ free of nuclear weapons and foreign military bases—led by the world’s first female Prime Minister and a Socialist, Sirimavo Bandaranaike.

However, since the Sovereign Default last year, Sri Lanka has not only lost Economic Independence and Policy autonomy to the Washington Twins and colonial Club de Paris, ironically on its 75th year of so-called Independence after being pumped and dumped by the World Bank into an MIC Eurobond debt trap in 2019.

Sri Lanka has lost its voice and independent thinking due to an ill-conceived policy of Brain Drain promoted by the foreign ‘Force’ backed by the Ranil-Rajapaksa government. This, in the wake of COVID-19 lockdowns and hacking of national institutions and oversight mechanisms, is promoting (Digital) neo-colonialism, also apparent in the debt restructuring Numbers Games being played by the IMF’s experts and consultants, including Lazard, Clifford, and Chance.

While Sri Lanka is being carved up for an IMF Firesale of strategic assets, by IMF’s chosen accounting and legal firms, few among the remaining local intelligentsia have thought to question the adequacy of the exorbitantly privileged and copiously printed US Dollar to measure the ‘wealth of nations’ as the world de-dollarizes. After all, the US has a deficit of $32 Trillion and counting and was downgraded by one of its own rating agencies recently.

Perhaps Sri Lanka’s resilience and the quick turnaround this time also has to do with being flanked by Asian Giants, China and India, in what has been termed the ‘Asian 21st century,’ as the BRICS emerging economies overtake the traditional G7 economic heavyweights while de-dollarizing fast.

Ironically, while France’s Macron sought an invite to the BRICS party in Johannesburg, South Africa, this week, Colombo’s Ranil Wickremesinghe has turned a blind eye to calls that Sri Lanka join the BRICS and New Development Bank.

*The writer is a social and medical anthropologist with international development and political-economic analysis expertise.

[IDN-InDepthNews]



Features

Cyclones, greed and philosophy for a new world order

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Floods caused by Cyclone Ditwah in Sri Lanka

Further to my earlier letter titled, “Psychology of Greed and Philosophy for a New World Order” (The Island 26.11.2025) it may not be far-fetched to say that the cause of the devastating cyclones that hit Sri Lanka and Indonesia last week could be traced back to human greed. Cyclones of this magnitude are said to be unusual in the equatorial region but, according to experts, the raised sea surface temperatures created the conditions for their occurrence. This is directly due to global warming which is caused by excessive emission of Greenhouse gases due to burning of fossil fuels and other activities. These activities cannot be brought under control as the rich, greedy Western powers do not want to abide by the terms and conditions agreed upon at the Paris Agreement of 2015, as was seen at the COP30 meeting in Brazil recently. Is there hope for third world countries? This is why the Global South must develop a New World Order. For this purpose, the proposed contentment/sufficiency philosophy based on morals like dhana, seela, bhavana, may provide the necessary foundation.

Further, such a philosophy need not be parochial and isolationist. It may not be  necessary to adopt systems that existed in the past that suited the times but develop a system that would be practical and also pragmatic in the context of the modern world.

It must be reiterated that without controlling the force of collective greed the present destructive socioeconomic system cannot be changed. Hence the need for a philosophy that incorporates the means of controlling greed. Dhana, seela, bhavana may suit Sri Lanka and most of the East which, as mentioned in my earlier letter, share a similar philosophical heritage. The rest of the world also may have to adopt a contentment / sufficiency philosophy with  strong and effective tenets that suit their culture, to bring under control the evil of greed. If not, there is no hope for the existence of the world. Global warming will destroy it with cyclones, forest fires, droughts, floods, crop failure and famine.

Leading economists had commented on the damaging effect of greed on the economy while philosophers, ancient as well as modern, had spoken about its degenerating influence on the inborn human morals. Ancient philosophers like Plato, Aristotle, and Epicurus all spoke about greed, viewing it as a destructive force that hindered a good life. They believed greed was rooted in personal immorality and prevented individuals from achieving true happiness by focusing on endless material accumulation rather than the limited wealth needed for natural needs.

Jeffry Sachs argues that greed is a destructive force that undermines social and environmental well-being, citing it as a major driver of climate change and economic inequality, referencing the ideas of Adam Smith, John Maynard Keynes, etc. Joseph Stiglitz, a Nobel Laureate economist, has criticised neoliberal ideology in similar terms.

In my earlier letter, I have discussed how contentment / sufficiency philosophy could effectively transform the socioeconomic system to one that prioritises collective well-being and sufficiency over rampant consumerism and greed, potentially leading to more sustainable economic models.

Obviously, these changes cannot be brought about without a change of attitude, morals and commitment of the rulers and the government. This cannot be achieved without a mass movement; people must realise the need for change. Such a movement would need  leadership. In this regard a critical responsibility lies with the educated middle class. It is they who must give leadership to the movement that would have the goal of getting rid of the evil of excessive greed. It is they who must educate the entire nation about the need for these changes.

The middle class would be the vanguard of change. It is the middle class that has the capacity to bring about change. It is the middle class that perform as a vibrant component of the society for political stability. It is the group which supplies political philosophy, ideology, movements, guidance and leaders for the rest of the society. The poor, who are the majority, need the political wisdom and leadership of the middle class.

Further, the middle class is the font of culture, creativity, literature, art and music. Thinkers, writers, artistes, musicians are fostered by the middle class. Cultural activity of the middle class could pervade down to the poor groups and have an effect on their cultural development as well. Similarly, education of a country depends on how educated the middle class is. It is the responsibility of the middle class to provide education to the poor people.

Most importantly, the morals of a society are imbued in the middle class and it is they who foster them. As morals are crucial in the battle against  greed, the middle class assume greater credentials to spearhead the movement against greed and bring in sustainable development and growth. Contentment sufficiency philosophy, based on morals, would form the strong foundation necessary for achieving the goal of a new world order. Thus, it is seen that the middle class is eminently suitable to be the vehicle that could adopt and disseminate a contentment/ sufficiency philosophy and lead the movement against the evil neo-liberal system that is destroying the world.

The Global South, which comprises the majority of the world’s poor, may have to realise, before it is too late, that it is they who are the most vulnerable to climate change though they may not be the greatest offenders who cause it. Yet, if they are to survive, they must get together and help each other to achieve self-sufficiency in the essential needs, like food, energy and medicine. Trade must not be via exploitative and weaponised currency but by means of a barter system, based on purchase power parity (PPP). The union of these countries could be an expansion of organisations,like BRICS, ASEAN, SCO, AU, etc., which already have the trade and financial arrangements though in a rudimentary state but with great potential, if only they could sort out their bilateral issues and work towards a Global South which is neither rich nor poor but sufficient, contented and safe, a lesson to the Global North. China, India and South Africa must play the lead role in this venture. They would need the support of a strong philosophy that has the capacity to fight the evil of greed, for they cannot achieve these goals if fettered by greed. The proposed contentment / sufficient philosophy would form a strong philosophical foundation for the Global South, to unite, fight greed and develop a new world order which, above all, will make it safe for life.

by Prof. N. A. de S. Amaratunga 
PHD, DSc, DLITT

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SINHARAJA: The Living Cathedral of Sri Lanka’s Rainforest Heritage

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Damp and thick undergrowth

When Senior biodiversity scientist Vimukthi Weeratunga speaks of Sinharaja, his voice carries the weight of four decades spent beneath its dripping emerald canopy. To him, Sri Lanka’s last great rainforest is not merely a protected area—it is “a cathedral of life,” a sanctuary where evolution whispers through every leaf, stream and shadow.

 “Sinharaja is the largest and most precious tropical rainforest we have,” Weeratunga said.

“Sixty to seventy percent of the plants and animals found here exist nowhere else on Earth. This forest is the heart of endemic biodiversity in Sri Lanka.”

A Magnet for the World’s Naturalists

Sinharaja’s allure lies not in charismatic megafauna but in the world of the small and extraordinary—tiny, jewel-toned frogs; iridescent butterflies; shy serpents; and canopy birds whose songs drift like threads of silver through the mist.

“You must walk slowly in Sinharaja,” Weeratunga smiled.

“Its beauty reveals itself only to those who are patient and observant.”

For global travellers fascinated by natural history, Sinharaja remains a top draw. Nearly 90% of nature-focused visitors to Sri Lanka place Sinharaja at the top of their itinerary, generating a deep economic pulse for surrounding communities.

A Forest Etched in History

Centuries before conservationists championed its cause, Sinharaja captured the imagination of explorers and scholars. British and Dutch botanists, venturing into the island’s interior from the 17th century onward, mapped streams, documented rare orchids, and penned some of the earliest scientific records of Sri Lanka’s natural heritage.

Smallest cat

These chronicles now form the backbone of our understanding of the island’s unique ecology.

The Great Forest War: Saving Sinharaja

But Sinharaja nearly vanished.

In the 1970s, the government—guided by a timber-driven development mindset—greenlit a Canadian-assisted logging project. Forests around Sinharaja fell first; then, the chainsaws approached the ancient core.

 “There was very little scientific data to counter the felling,” Weeratunga recalled.

“But people knew instinctively this was a national treasure.”

The public responded with one of the greatest environmental uprisings in Sri Lankan history. Conservation icons Thilo Hoffmann and Neluwe Gunananda Thera led a national movement. After seven tense years, the new government of 1977 halted the project.

What followed was a scientific renaissance. Leading researchers—including Prof. Savithri Gunathilake and Prof. Nimal Gunathilaka, Prof. Sarath Kottagama, and others—descended into the depths of Sinharaja, documenting every possible facet of its biodiversity.

Thilak

 “Those studies paved the way for Sinharaja to become Sri Lanka’s very first natural World Heritage Site,” Weeratunga noted proudly.

A Book Woven From 30 Years of Field Wisdom

For Weeratunga, Sinharaja is more than academic terrain—it is home. Since joining the Forest Department in 1985 as a young researcher, he has trekked, photographed, documented and celebrated its secrets.

Now, decades later, he joins Dr. Thilak Jayaratne, the late Dr. Janaka Gallangoda, and Nadika Hapuarachchi in producing, what he calls, the most comprehensive book ever written on Sinharaja.

 “This will be the first major publication on Sinharaja since the early 1980s,” he said.

“It covers ecology, history, flora, fauna—and includes rare photographs taken over nearly 30 years.”

Some images were captured after weeks of waiting. Others after years—like the mysterious mass-flowering episodes where clusters of forest giants bloom in synchrony, or the delicate jewels of the understory: tiny jumping spiders, elusive amphibians, and canopy dwellers glimpsed only once in a lifetime.

The book even includes underwater photography from Sinharaja’s crystal-clear streams—worlds unseen by most visitors.

A Tribute to a Departed Friend

Halfway through the project, tragedy struck: co-author Dr. Janaka Gallangoda passed away.

 “We stopped the project for a while,” Weeratunga said quietly.

“But Dr. Thilak Jayaratne reminded us that Janaka lived for this forest. So we completed the book in his memory. One of our authors now watches over Sinharaja from above.”

Jumping spide

An Invitation to the Public

A special exhibition, showcasing highlights from the book, will be held on 13–14 December, 2025, in Colombo.

“We cannot show Sinharaja in one gallery,” he laughed.

“But we can show a single drop of its beauty—enough to spark curiosity.”

A Forest That Must Endure

What makes the book special, he emphasises, is its accessibility.

“We wrote it in simple, clear language—no heavy jargon—so that everyone can understand why Sinharaja is irreplaceable,” Weeratunga said.

“If people know its value, they will protect it.”

To him, Sinharaja is more than a rainforest.

It is Sri Lanka’s living heritage.

A sanctuary of evolution.

A sacred, breathing cathedral that must endure for generations to come.

By Ifham Nizam

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How Knuckles was sold out

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Knuckles range

Leaked RTI Files Reveal Conflicting Approvals, Missing Assessments, and Silent Officials

“This Was Not Mismanagement — It Was a Structured Failure”— CEJ’s Dilena Pathragoda

An investigation, backed by newly released Right to Information (RTI) files, exposes a troubling sequence of events in which multiple state agencies appear to have enabled — or quietly tolerated — unauthorised road construction inside the Knuckles Conservation Forest, a UNESCO World Heritage site.

At the centre of the unfolding scandal is a trail of contradictory letters, unexplained delays, unsigned inspection reports, and sudden reversals by key government offices.

“What these documents show is not confusion or oversight. It is a structured failure,” said Dilena Pathragoda, Executive Director of the Centre for Environmental Justice (CEJ), who has been analysing the leaked records.

“Officials knew the legal requirements. They ignored them. They knew the ecological risks. They dismissed them. The evidence points to a deliberate weakening of safeguards meant to protect one of Sri Lanka’s most fragile ecosystems.”

A Paper Trail of Contradictions

RTI disclosures obtained by activists reveal:

Approvals issued before mandatory field inspections were carried out

Three departments claiming they “did not authorise” the same section of the road

A suspiciously backdated letter clearing a segment already under construction

Internal memos flagging “missing evaluation data” that were never addressed

“No-objection” notes do not hold any legal weight for work inside protected areas, experts say.

One senior officer’s signature appears on two letters with opposing conclusions, sent just three weeks apart — a discrepancy that has raised serious questions within the conservation community.

“This is the kind of documentation that usually surfaces only after damage is done,” Pathragoda said. “It shows a chain of administrative behaviour designed to delay scrutiny until the bulldozers moved in.”

The Silence of the Agencies

Perhaps, more alarming is the behaviour of the regulatory bodies.

Multiple departments — including those legally mandated to halt unauthorised work — acknowledged concerns in internal exchanges but issued no public warnings, took no enforcement action, and allowed machinery to continue operating.

“That silence is the real red flag,” Pathragoda noted.

“Silence is rarely accidental in cases like this. Silence protects someone.”

On the Ground: Damage Already Visible

Independent field teams report:

Fresh erosion scars on steep slopes

Sediment-laden water in downstream streams

Disturbed buffer zones

Workers claiming that they were instructed to “complete the section quickly”

Satellite images from the past two months show accelerated clearing around the contested route.

Environmental experts warn that once the hydrology of the Knuckles slopes is altered, the consequences could be irreversible.

CEJ: “Name Every Official Involved”

CEJ is preparing a formal complaint demanding a multi-agency investigation.

Pathragoda insists that responsibility must be traced along the entire chain — from field officers to approving authorities.

“Every signature, every omission, every backdated approval must be examined,” she said.

“If laws were violated, then prosecutions must follow. Not warnings. Not transfers. Prosecutions.”

A Scandal Still Unfolding

More RTI documents are expected to come out next week, including internal audits and communication logs that could deepen the crisis for several agencies.

As the paper trail widens, one thing is increasingly clear: what happened in Knuckles is not an isolated act — it is an institutional failure, executed quietly, and revealed only because citizens insisted on answers.

by Ifham Nizam

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