Economic Stability, First Task for New President-by Sugeeswara Senadhira Wednesday’s election of a new President by Parliament marked an important step towards stability as the 50 vote majority received by Acting President Ranil Wickremesinghe, who polled 134 votes in the 225-member House, demonstrated the fullest backing of the legislature. The first task of President Ranil Wickremesinghe is to arrest economic tailspin, which spiraled into political instability and a protest movement since April this year. The new President made a welcome appeal for consensual politics at this crucial hour and it was positively reciprocated by Opposition Leader Sajith Premadasa as well as the main contender Dullas Alahapperuma. In his recent media interviews, President Ranil Wickremesinghe urged the political parties to put aside their differences and form an All-Party Government which would allow the country to recover from the economic crisis. In an interview earlier this week with CNN, he assured the ...

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President vows tough line against troublemakers Source:Dailynews President Ranil Wickremesinghe vowed to take tough action against anyone resorting to what he called the undemocratic means that led to his predecessor’s ouster. Wickremesinghe said he will not bow to violence after winning a Parliamentary vote to succeed Gotabaya Rajapaksa, who resigned last week. “If you try to topple the government, occupy the President’s Office and the Prime Minister’s Office, that is not democracy, it is against the law,” Wickremesinghe said. ...

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CSE upbeat on the election of Ranil Wickremesinghe to presidency-By Hiran H. Senewiratne Source:Island The CSE remained upbeat yesterday after a crucial Parliamentary vote which elected Ranil Wickremesinghe as the country’s new President. During the trading period, the All -Share Price Index moved up to 100 points and later settled down at 67.96 points, stock market analysts said. From 1st July to date, the foreign outflow reached more than Rs 365 million, which was a positive scenario in the market. Both indices gained by 1.5 per cent, while turnover remained over Rs. 1 billion for the third consecutive session, market analysts said. Market activities and the foreign inflow were positive because local and foreign investors seem assured that the IMF bail-out is going to come with the electing of the new President yesterday. Amid those developments both indices moved upwards. All Share Price Index went up by 67.96 points and ...

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Personal Leadership Lesson from Sri Lanka   to reset of the world – by Damith Kothalawala Source : Linked In – Damith Kothalawala  https://www.linkedin.com/feed/update/urn:li:share:6955569706992902144?utm_source=linkedin_share&utm_medium=member_desktop_share&utm_content=post Personal Leadership Lesson from Sri Lanka 🇱🇰 to reset of the world. Newly appointed Executive President of Sri Lanka, Hon Ranil Wickremesinghe set an example to all the people who thinks you have no chance of success after facing to numerous failures within their lifetime. He used to be the Prime Minister of Sri Lanka, when I was at Grade 1 and He was the Prime Minister when my Kid was at Grade 1. After being at Parliament for almost 43 years he lost almost all the seats during 2020 General Election in Sri Lanka but was able to secure single seat at Parliament of Sri Lanka thanks to the Nationl List Selection based on the total islanwide votes. And that caused him to loose his long ...

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Pope urges Lankan leaders to initiate dialogue for common good Source:Island (Vatican News): Pope Francis has expressed his closeness to the people of Sri Lanka, assuring that he joins them in prayer. Speaking during the Sunday Angelus he also issued an appeal to all parties who are engaged in finding a solution to the crisis, rooted in corruption and economic mismanagement, that has deprived the people of basic needs and livelihoods and led to a popular uprising. The Pope also said he joins the religious leaders of the country “in imploring everyone to refrain from any form of violence and to initiate a process of dialogue for the common good.” Sri Lanka’s ousted president meanwhile, fled overseas this week to escape the swelling popular uprising against his government. Gotabaya Rajapaksa’s resignation was accepted by parliament on Friday after hundreds of thousands of anti-government protesters came out onto the streets of ...

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The people should be allowed to express their opinion at the earliest opportunity – CBEOU Source:Island The people should be allowed to express their opinion with regard to the political future of the country at the earliest possible opportunity, the Central Bank Executive Officers Union (CBEOU) said in a press release. The release:’ The primary demand of the people’s movement held on July 9, 2022 was to compel the then President Gotabhaya Rajapaksa and the Prime Minister Ranil Wickremesinghe to step down. Prime Minister Ranil Wickremesinghe has been appointed to fill the vacant position due to the resignation of the President who left the country in the face of intense public pressure and the Parliament is expected to elect a new President on July 20, 2022. ...

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RANIL WICKREMESINGHE WINS PRESIDENTIAL VOTE Source: dailymirror.lk Acting President Ranil Wickremesinghe has won the Presidential election held in Parliament a short while ago, the Speaker announced. Ranil Wickremesinghe obtained 134 votes while Dullas Alahapperume obtained 82 votes and Anura Kumara Dissanayake has obtained 3 votes.  ...

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Sri Lanka opposition leader quits presidential run in bid to stymie Wickremesinghe – By Hannah Ellis Sajith Premadasa instead pledges support for splinter faction of ruling party that could upset PM’s bid to become president Source: theguardian.com Sri Lanka’s main opposition leader, Sajith Premadasa, has withdrawn from the presidential race and thrown his support behind a rival candidate, presenting a significant challenge to prime minister Ranil Wickremesinghe’s bid for the executive role. In an announcement made on Tuesday morning, Premadasa said that “for the greater good of my country that I love and the people I cherish, I hereby withdraw my candidacy for the position of president”. Premadasa instead pledged his support for Dullas Alahapperuma, the candidate from a breakaway group of the ruling Sri Lanka Podujana Peramuna party (SLPP). The decision to withdraw from the presidential race is believed to be driven in part by the tough political future that ...

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Sri Lanka’s Future – By Dr Harold Gunatillake Do not let politicians fool the country anymore The current politician had enough time to resolve the issues, but they did not put effort into doing so. They miserably failed to resolve the political and fiscal crises. They neither desire to do so nor have the brains to solve problems affecting the country and its people. In addition, they are selfish and only want solutions and benefits and payments for themselves, with zero empathy for the public. Prof Sunil J Weerawansa Ranil takes oath as Acting President. COLOMBO (News 1st); Prime Minister Ranil Wickremesinghe was sworn in as the Acting President in the presence of Chief Justice Jayantha Jayasuriya. Wickremesinghe was appointed as the Acting President following the resignation of Gotabaya Rajapaksa. SLPP supports Ranil in the Presidential race British MP Calls For International Arrest Warrant Against Gotabaya Rajapaksa New Delhi: Sir ...

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Sri Lanka to get new president next week amid worst crisis since independence The island nation is embroiled in an economic and political meltdown with its parliament expected to vote for a new president on 20 July. Source:  sbs.com.au   Sri Lanka’s parliament will elect a new president on 20 July, its speaker said on Monday, after protesters stormed the residences of the current president and prime minister, who have both offered to quit amid an economic meltdown. President Gotabaya Rajapaksa, who had overseen a ruthless crushing of the Tamil Tigers insurgents as defence secretary, is set to resign on Wednesday. His brothers and nephew earlier quit as ministers as Sri Lanka began running out of fuel, food and other essentials in the worst crisis since independence from Britain in 1948. Parliament will reconvene on Friday and will vote to elect a new president five days later, Speaker Mahinda Yapa ...

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