News
NPP govt. asked to reveal stance on capture of Maduro
The Communist Party of Sri Lanka (CPSL) yesterday urged the NPP government to condemn the US intervention in Venezuela.The JVP has condemned the US military aggression but the JVP-led NPP government has chosen to remain silent on the issue, critics of the JVP allege.
Dr. G. Weerasinghe, General Secretary of the CPSL, in a statement issued on Sunday, asked the government to take, what the party called, a principled stand by condemning this act of aggression and reaffirming the country’s commitment to an independent foreign policy free from the pressures of global power blocs.
The following is the text of Dr. Weerasinghe’s statement: “CPSL expresses its strongest condemnation of the abduction of President of the Bolivarian Republic of Venezuela Nicolás Maduro and his wife by the United States. This act of international piracy ranks alongside the US abduction of President Jean-Bertrand Aristide and the murder of Prime Minister Patrice Lumumba of the Democratic Republic of Congo. By this action, the USA has once again revealed its true colours as a global terrorist rogue state.
The CPSL also condemns the deliberate bombing of civilian infrastructure in Venezuela. Reports indicate that the bombings have deliberately targeted facilities essential to the daily life and wellbeing of the Venezuelan people, causing civilian casualties as well as severe hardship to an already burdened civilian population. Such actions bear disturbing
resemblance to the systematic destruction of civilian infrastructure carried out in Iraq, prior to the 2003 invasion; operations widely criticised by international observers at the time for their devastating humanitarian consequences. The deliberate targeting of civilian facilities constitutes a grave violation of international law and meets the definition of a war crime under established global norms.
The CPSL notes that this aggression cannot be separated from the broader imperialist objectives historically pursued by the United States. Venezuela possesses some of the world’s largest proven oil reserves, a fact that has long placed it in the crosshairs of external powers seeking control over strategic energy resources. Analysts have frequently argued that similar motivations underpinned the invasion of Iraq, including concerns over oil access, geopolitical dominance, and the preservation of global financial arrangements favourable to US interests. In the present case, the attack on Venezuela is accompanied by rhetoric framed around phoney anti-narcotic operations, serving as a pretext for intervention.
The CPSL firmly rejects these justifications and stands in solidarity with the Venezuelan people, who continue to resist external interference and defend their sovereignty.
The CPSL calls upon all democratic and peace-loving political parties, civil organizations, trade-unions and anti-imperialist forces to stand against barbaric actions of US imperialism and for independence and sovereignty of Venezuela.
Sri Lanka has historically upheld a proud tradition of non-alignment, grounded in the principles of respect for sovereignty, peaceful coexistence, and opposition to imperialist intervention. In this spirit, the CPSL calls upon the Government of Sri Lanka to take a principled stand by condemning this act of aggression and reaffirming the country’s commitment to an independent foreign policy free from the pressures of global power blocs.
The CPSL reiterates its unwavering support for the Venezuelan people and urges the international community to oppose actions that undermine peace, stability, and the sovereign rights of nations.”
News
Sri Lanka, India caught in US-Iran ship crisis
By Shamindra Ferdinando
Iran has sought the Indian intervention, at the highest level, to provide lifesaving support to the crews of empty Iranian vessels stranded just outside Sri Lanka’s 12-nautical mile territorial waters off Galle.
Sources familiar with the issue said that Iran had brought the developing situation to the attention of New Delhi as the crews of almost 20 vessels, included Indian nationals. Sources stressed that the group of vessels that unloaded crude oil a couple of months back were now stranded within Sri Lanka’s Exclusive Economic Zone (EEZ).
The US Navy torpedoed an unarmed Iran frigate, returning from India, on 04 March, 2026, about 19 nautical miles off the Galle coast. The unprovoked attack killed nearly 100 Iranians.
The Iranian Embassy in Colombo has inquired from the Indian High Commission of their response to the situation, sources said. The US has issued a global warning against providing food, water, medicine and other services to the Iranian vessels. The outcome of Iran-India talks on the issue at hand was not known, though sources asserted India may not throw its weight behind Iranian efforts to address the issue.
Responding to The Island queries, sources said both Sri Lanka and India were in a dilemma due to the US warning. India couldn’t ignore the plight of the Indian crew members and the Iranian vessels in its backyard.
The Sri Lankan government remains tight-lipped about the vessels stranded in its EEZ. Our efforts to elicit a response from relevant authorities were in vain. In addition to Indians, there are Bangladeshis among the crew members. Iran has explicitly stated the responsibilities of the countries concerned to provide assistance in terms of international law.
The Iranian position was articulated by its Ambassador to Sri Lanka, Dr.Alireza Delkhosh, recently. In a special statement, Ambassador Delkhosh emphasised that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR
Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its EEZ.
SLMC leader Rauff Hakeem lambasted the NPP government in Parliament for failing to provide assistance to the Iranian ships. The former Minister alleged that the government was simply carrying out dictates of the US. He strongly criticised the way Foreign Minister Vijitha Herath was handling the issue.
News
Namal further remanded
MP Namal Rajapaksa, who is in remand custody over the controversial Airbus deal, was further remanded until October 27 by the Colombo Magistrate’s Court yesterday (13).
Colombo Chief Magistrate Asanga S. Bodaragama made the order after considering submissions by officers of the Commission to Investigate Allegations of Bribery or Corruption and lawyers representing Rajapaksa.
News
IMF projects Lankan economic growth to moderate amidst mounting global uncertainties
Sri Lanka’s economy is expected to sustain its recovery over the next two years, although growth is projected to moderate amid mounting global uncertainties, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.
In its World Economic Outlook 2026: Resilience Under Strain, Urgent Choices, the IMF projects Sri Lanka’s economy to expand by 4% in 2026, slowing to 3.7% in 2027, following estimated growth of 5% in 2025.
Inflation, meanwhile, is forecast to rise to 5.3% in 2026 and 5.4% in 2027, reversing the average deflation rate of 0.5% recorded in 2025.
Unemployment is expected to remain steady at 3.9% throughout the forecast period.
The projections come amid growing pressure on the global economy from the ongoing conflict in the Middle East, elevated energy prices, geopolitical tensions and trade disruptions.
Sri Lanka’s external position is also expected to weaken, with the current account balance projected to shift from a surplus of 1.6% of gross domestic product (GDP) in 2025 to deficits of 0.5% in 2026 and 0.3% in 2027.
The IMF’s outlook points to continued economic expansion in Sri Lanka, but with slower growth, rising inflation and a narrowing external surplus giving way to current account deficits over the forecast period.
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