by Darini Rajasingham-Senanayake
It is increasingly clear that an economic proxy war between the fading and rising superpowers, the US and China, is currently unfolding in what Kishore Mahbubani termed the “Asian 21st Century” in strategically located Sri Lanka, sitting front and center of Indian Ocean energy, trade, and submarine or undersea data cable routes.
Sri Lanka, after all, is a test case for 54 other Global South countries caught in post-Covid-19 Euro bond debt traps, given an international financial system that seems to be no longer fit for the purpose.
Despite efforts by various International Monetary Fund (IMF) “advisors” to blame the economic crisis on Ceylon/Sri Lanka’s once envied welfare State culture and a lack of neoliberal economic reforms in addition to obvious corruption, it is very clear that the island’s first-ever debt default was directly related to increased private market borrowing from predatory hedge funds in the past four years when a series of exogenous economic shocks were administered to the country.
Fabio is the Director and Editor of Gospa News; a Christian Information Journal.
Fabio Giuseppe Carlo Carisio, born on 24/2/1967 in Borgosesia, started working as a reporter when he was only 19 years old in the alpine area of Valsesia, Piedmont, his birth region in Italy. After studying literature and history at the Catholic University of the Sacred Heart in Milan, he became deputy director of a local newspaper and specialized in judicial reporting.
For about 15 years he is a correspondent from Northern Italy for the Italian newspapers Libero and Il Giornale, also writing important revelations on the Ustica massacre, a report on Freemasonry and organized crime.
With independent investigations, he collaborates with Carabinieri and Guardia di Finanza in important investigations that conclude with the arrest of Camorra entrepreneurs or corrupt politicians.
In July 2018 he found the counter-information web media Gospa News focused on geopolitics, terrorism, the Middle East, and military intelligence. He is a correspondent from Italy for the French news site Reseau International.
He worked for many years for the magazine Art & Wine as an art critic and curator
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