Editorial
Barrels vs bombs
War and politics are full of uncertainties and surprises. When one heard US President Donald Trump bragging that the US and Israel had won the war against Iran at the end of the third day of bombing itself, one was reminded of US President Dwight D. Eisenhower, a former Supreme Commander of the Allied Expeditionary Force in Europe during World War II, and his realistic assessment of war. Eisenhower famously said, “… every war is going to astonish you in the way it occurred, and in the way it is carried out.” Fielding a question at a press conference about how the US would respond to a potential conflict involving China and Taiwan, he said the war was inherently unpredictable and responsible leaders could not forecast exactly how it would unfold.
Trump and Israeli Prime Minister Benjamin Netanyahu may have thought they would be able to bomb Iran into submission and engineer a regime change in Tehran in a matter of few days after killing Iranian Supreme Leader Ayatollah Ali Khamenei. But the war is dragging on with no end in sight, and Iran has opened a new front in the economic sphere. It has effectively turned the world’s most important oil chokepoint, the Strait of Hormuz, into a strategic lever, countering US-Israeli bombs with barrels of oil, so to speak.
Trump recently reassured the world that the war would be over soon, and G7 countries released part of their strategic oil reserves when oil prices began to climb, but Iranian attacks on six ships in the Hormuz Strait have caused oil prices to soar again despite the release of as many as 400 million barrels of oil by the International Energy Agency, with the US alone pledging to contribute 172 million barrels. Iran has warned that it will not allow “one litre of oil” to be exported from the region while US and Israeli attacks continue. Many economies are already groaning under high oil prices, and some of them have adopted energy-saving strategies that hurt their industries and citizens. There is no way the US can absolve itself of responsibility for this situation, with fears being expressed of a possible global recession, which will lead to job losses, drastic welfare cuts and many other untold hardships for countless people across the world. The IMF has warned of an increase in global inflation if the Middle East conflict continues.
President Trump initially gave flippant answers to serious questions about escalating oil prices, claiming that the US would gain from oil price increases, and he prioritised defeating Iran over bringing oil prices down, but the sobering economic reality made him swallow his pride and waive US sanctions on Russian oil as a desperate measure to stabilise the global energy market. The waiver is said to be effective only for one month, but unless oil prices come down, it will have to be extended. This move has gladdened the heart of Russian President Vladimir Putin beyond measure. The reason the US gave for imposing sanctions on Russian oil was that Russia used oil money to fund its war against Ukraine.
US Treasury Secretary Scott Bessent has described the waiver of sanctions on Russian oil as a ‘narrowly tailored, short-term measure’ that applies only to oil already in transit and will not provide significant financial benefit to the Russian government, which derives the majority of its energy revenue from taxes assessed at the point of extraction. But Russia’s economic envoy Kirill Dmitriev wrote on Telegram that the US was “effectively acknowledging the obvious: without Russian oil, the global energy market cannot remain stable”. President Putin has expressed a similar view.
The western allies of the US have not taken kindly to the lifting of sanctions on Russian oil. The closure of the Strait of Hormuz in no way justifies lifting sanctions on Russia, French President Emmanuel Macron has said after a discussion with other G7 leaders on the economic fallout from the Iran war. Countries like Ukraine ought to realise that their interests do not figure in the Big Powers’ scheme of things. No sooner had Trump asked Ukraine for help to counter Iranian drones on its allies in the Middle East than he lifted sanctions on Russian oil.
The US and Israel have said it is they who will decide when to end the ongoing war. But Iran has said although they started the conflict it will decide how and when to finish it. The UN, which has outlived its raison d’etre for all intents and purposes, has called for an immediate ceasefire in the Middle East. It is doubtful whether the parties to the war will heed the UN call, but it will be in their interest to do so, and pave the way for the de-escalation of the bomb-barrel conflict, as it were, which has adversely impacted the entire world. More than 4.2 million people have already been displaced in the Middle East region, mostly in Iran, according to the UN. Trump ought to heed Eisenhower’s view of war.
Editorial
Beyond tragedy that shook the nation’s conscience
Saturday 6th June, 2026
Tuesday’s tragedy at Anguruwatota, where a fire engulfed an elders’ home, claiming 13 lives and seriously injuring several others, has shaken the conscience of the nation. Equally shocking are the allegations that the residents of the care centre had been mistreated; among them were persons with disabilities, and some of them had been restrained with chains, according to eyewitnesses. The police have said they found the charred body of a resident in chains. It has now been revealed that the care home was not registered. The question is why the authorities did not take any legal action against it.
The Director of the gutted elders’ home has been remanded and the police will press charges against him. However, the Anguruwatota tragedy is not a problem that should be addressed in isolation. It should be examined in the context of a wider socio-economic issue.
There are other elders’ homes across the country, and they number about 250, according to media reports. They are run by a mix of government institutions, provincial councils, religious organisations, NGOs, and private operators. Some of them are reportedly under-resourced, and poorly-regulated. These institutions can accommodate only a fraction of the country’s elderly population needing assistance. Most of them, however, are basic residential care facilities rather than fully developed geriatric care centres, often functioning more as shelters than as medically supported long-term care institutions, which the country badly needs.
Sri Lanka has already reached a rapidly ageing phase of its demographic transition, with the proportion of citizens above 60 years increasing. About 18 out of every 100 Sri Lankans are aged 60 or above. This proportion has risen sharply from about 12.4% in 2012. It is doubtful whether successive governments have addressed this issue adequately, much less formulated a strategy to face challenges arising from an ageing population. This shift has placed increasing pressure on many families that are struggling to make ends meet and therefore cannot provide full-time care for their elderly members and relatives. Hence the need for policymakers to intensify their focus on structured elderly care for those without family support or social security.
While action is taken to ensure that the existing elders’ homes are run properly, it is incumbent upon policymakers to devise ways and means of facing the problems associated with an ageing population. Experts have pointed out that a national elderly care strategy to address these issues need to integrate several components. First, it should strengthen community-based care models that allow elders to remain in their homes for as long as possible, supported by home visits, mobile health services, and social workers. Second, it should develop a graded system of care homes, ranging from basic shelters to medically supported nursing facilities, all under proper regulatory supervision. It was a chronic lack of oversight and poor regulation that led to the Anguruwatota tragedy. Third, local government authorities should be formally involved in identifying vulnerable elders, coordinating welfare benefits, and ensuring minimum care standards at community level. Fourth, financial protection mechanisms such as social pensions, subsidised care, and public-private partnerships should be expanded to reduce the burden on low-income families.
It is hoped that Tuesday’s tragedy will jolt politicians and policymakers into addressing the long-felt need for a coherent national strategy to enable the elderly to spend their twilight years in comfort and dignity.
Editorial
Emperor’s new clothes
Friday 5th June, 2026
The Opposition’s propaganda mill is in overdrive, manufacturing various stories about a split in the JVP-NPP government. Mighty governments collapse not because their political enemies regain lost ground and turn the tables on them. They fall largely because the arrogance of power blinds their leaders to reality while their members dare not speak truth to power. Government members sing hosannas to their leaders and even defend the latter’s wrongdoing, committing collective political hara-kiri in the process. The incumbent JVP-NPP government has its fair share of acolytes who try to defend the indefensible.
Former Public Security Minister Sarath Weerasekera (SW), in his response to a recent editorial in this newspaper, has sought to lay the blame for the failure of the Gotabaya Rajapaksa (GR) government on others. In his letter published on the opposite page, today, he insists that the Rajapaksas had the national interest at heart. He implies that they never engaged in dynastic politics, and the 2022 economic crisis was due to factors other than the mismanagement of the economy.
The economy went into a tailspin during the GR government not solely due to the economic consequences of the Covid-19 pandemic and the repayment of foreign loans obtained by the Yahapalana government. Economists have pointed out that the pandemic did not cause bankruptcy on its own, but it acted as a major trigger that exposed pre-existing weaknesses such as high debt, weak foreign reserves, and overdependence on exports and tourism. All governments pay back loans obtained by their predecessors.
The GR government should have sought IMF help at the first signs of trouble. One may recall that acting on Central Bank (CB) advice, the Mahinda Rajapaksa (MR) government (2005-2010) secured IMF assistance and managed an emerging forex crisis, which would have derailed the war effort. If the GR government had heeded CB advice and taken action to increase tax revenue and shore up the country’s foreign currency reserves with IMF help, the 2022 economic crisis could have been averted.
Sri Lanka had to opt for a soft default and seek IMF assistance in 2022. The choice it had was between a soft default and a hard default, which would have ruined its chances of borrowing from external sources again. Sri Lanka was bankrupt, and that fact had to be announced.
The UPFA and SLPP administrations during MR’s second presidential term (2010-2015) and GR’s presidency (2019-2022) were in fact governments of the Rajapaksas by the Rajapaksas for the Rajapaksas. In the GR government, the number of key ministries held by the Rajapaksas increased to five. The share of government expenditure linked to the ministries controlled by them was more than 50% between 2010 and 2015 and between 2019 and 2022, according to political commentators. The other members of the MR government (2010-2015) became so disgruntled that a group of prominent UPFA MPs including ministers voted with their feet in 2014, and General Secretary of the SLFP Maithripala Sirisena went on to challenge MR in the 2015 presidential contest and secure the presidency. As many as 41 SLPP MPs broke ranks with the GR government in early 2022.
Aragalaya,
which crippled the Rajapaksa rule, began as a genuine, leaderless protest campaign against economic hardships, especially prolonged fuel shortages and power cuts. Some political forces infiltrated it subsequently, but it was losing steam when a group of SLPP goons set upon peaceful protesters at Galle Face in May 2022, and triggered a spree of retaliatory violence, which led to the ouster of the Rajapaksas, and paved the way for the 2024 regime change.
As for reconciliation, a retired Major General known for his distinguished military career and respected leadership, writing under a pseudonym––‘Old Soldier’––recently had this to say in his letter critical of the way the government handled this year’s War Heroes’ commemoration, which was the topic of the editorial comment under discussion: “Reparations are claimed by the winners in wars between nations. After civil conflicts there should be reconciliation. There should be no humiliation. When will commemoration of the dead be national in Sri Lanka?”
If the SLPP is to make a comeback, its leaders and their apologists must shed their aversion to self-criticism. The same applies to their equally self-righteous counterparts in other Opposition parties.
Editorial
Another game of chicken
Thursday 4th June, 2026
The government has locked horns with private bus operators, who are demanding a fare hike amidst soaring fuel prices. The former has rejected the fare hike demand out of hand, claiming that it is unfair. President of the Lanka Private Bus Owners’ Association Gemunu Wijeratne has threatened to launch a bus strike unless a fare increase is granted forthwith. He has claimed that there is legal provision for the annual bus fare revision due in July to be advanced. The government and the irate private bus owners are now playing a game of chicken.
School vehicle operators have warned that they will have to increase fees. Trishaw owners have also demanded a fare hike. Container truck operators have already increased freight charges by 5% to offset surging operating expenses, primarily driven by higher diesel prices, inflated costs of tyres and spare parts.
A brutal one-two combination—fuel price hikes and rupee depreciation—has sent all vehicle owners, save a few, to the canvas, so to speak. The prices of spare parts, lubricants and tyres have also skyrocketed. It is only natural that transport operators are demanding fare revisions. The government should stop making political statements and address the issues facing the transport sector. The public cannot take any more shocks, and another fare hike is something everyone needs like a hole in the head. It may not be feasible to grant the bus operators’ request for a fuel subsidy, but the government may be able to help them lower costs in some other way.
It will not be possible to overcome Sri Lanka’s balance of payments woes, strengthen the rupee and shore up foreign currency reserves without a proper strategy to reduce the national fuel bill, which accounts for more than 20% of the total value of imports. President Anura Kumara Dissanayake has pointed out that the country’s monthly fuel import expenditure has surged nearly six-fold. Driven by escalating tensions in West Asia, the fuel import bill rose from USD 98 million in February to USD 522 million in May, according to him. There is no gainsaying that drastic measures need to be adopted to reduce fuel consumption urgently. However, increasing fuel prices is not the only way to achieve this goal.
A country does not need a government to curtail the demand for fuel through price hikes. The JVP-NPP administration should be able to strategise to reduce fuel consumption through other means if it is to be considered worth its salt. Minister Anura Karunathilake and Ceylon Petroleum Corporation Chairman D. J. A. S Rajakaruna have gone on record as saying that action will be taken to have the QR-based fuel rationing system strictly regulated. Why didn’t the government care to do so earlier? If the fuel quota system is to be effective, the practice of motorists sharing the QR codes must be brought to an end. If the national fuel consumption has reached an unmanageable level, as President Dissanayake has said, will the government explain why fuel quotas were increased.
President Dissanayake and his government should learn from India’s efforts to reduce fuel consumption and adopt a top-down national austerity approach to conserve foreign exchange amidst external economic pressures. India’s strategy emphasises reducing official fuel use, adopting digital alternatives to travel, and promoting public transportation to manage energy consumption. After all, the JVP-led NPP came to power, promising austerity measures, which it must now adopt to curtail state expenditure while reducing the burgeoning import bill.
The JVP-NPP government is slow in responding to emergencies. Its disaster response following the landfall of Cyclone Ditwah was woefully tardy. It ignored warnings and waited until the country’s fuel reserves were almost depleted to introduce the QR-based rationing. It cannot wish away the threat of a private bus strike. It must get the bus owners around the table and have a serious discussion on how to resolve the transport sector woes instead of bellowing rhetoric.
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