Category: Foreign Affairs

By Latheef Farook –

The opposition presidential candidate Maithripala Sirisena pledges straightforward life, Ven Sobitha Thero calls for social justice and Ven Athuraliya Thero struggles for excellent governance and accountability

Maithripala Sirisena says” on elected as the president he would not move into official residence Temple Trees but would reside in his own straightforward home. He has also declared his assets for every person to see. He is keen on major a straightforward life and serving the individuals of all communities.

As a result he calls for simplicity of life.

Venerable Maduluwawe Sobitha Thero who single handedly spearheaded the campaign to abolish the Executive Presidency with his National Movement for Social Justice wanted to ensure social justice for all in the country. He played a important part in the creation of a widespread opposition candidate. He should be paid tribute simply because he fought for justice at a time not a lot of in the nation were even ready to speak about justice due to fear of revenge.

Therefore he calls for social justice.

Ven. Athuraliye Rathana Thero, a Buddhist monk, a vibrant politician and a dynamic member of the Parliament, formed an organization named ‘Pivithuru Hetak’ (The National Council for a Much better Tomorrow) to   adjust the current presidential method by educating   political leaders, intellectuals, academics and the public on essential information important on very good governance for the betterment of the nation.

Hence he calls for accountability and good governance.

Simple life, social justice and very good governance to the benefit of all are all what Islam is about.This is what Allah told us in the Holy Quran to make sure a much better society far more than 14 centuries ago. This is what our beloved Prophet Muhammad (Peace be Upon Him) has shown us by living a life reflecting the Holy Quranic teachings. In reality he was the personification of all what was taught in the Holy Quran.

In truth fantastic Caliph Omar who constructed an empire stretching from North India to Mediterranean capturing which includes Jerusalem without shedding a drop of blood and ruled with justice was identified for his simplicity and just rule.

For example Caliph Umar, busy doing some official function in the light of an oil lamp, place off his lamp when a visitor who came to see him stated he had just come to pay a social call. There was darkness everywhere. When the visitor asked why he place off the oil lamp Caliph said “I was performing workplace work and the burning oil in the lamp is the property of the folks and he was not entitled to use that oil to entertain a friend”.

In this regard it is worth recalling how Caliph Omar captured Jerusalem with his simplicity.

When the Muslim army entered Jerusalem the Patriarch of the city Sophronius stated that he would negotiate only with Caliph Umar and that nobody enters Jerusalem prior to Caliph Umar. On hearing this Caliph Umar informed that he was on his way.

Accompanied by a servant, Caliph Umar rode on camelback to Jerusalem although he could have been accompanied by an entourage that could have made the ground tremble beneath the hooves of horses. He did so to show simplicity and ensure that Allah alone deserves all the glories.

On reaching Jerusalem, it was the servant’s turn to ride the camel and as a mark of respect to Caliph Umar and to make sure that the individuals see the Caliph, the servant wanted the Caliph to ride the camel. Nonetheless Caliph Umar refused and entered Jerusalem on foot whilst the servant rode the camel to the shock and surprise of every person such as Patriarch Sophronius. On reaching the place Caliph Umar continued the journey on foot carrying his shoes in hand below the astonished gaze of the folks.

Caliph Umar walked to the army wearing modest threadbare clothes. The Christians who watched almost everything from the walls of Jerusalem were amazed at the strange simplicity, unable to believe that this straightforward man could be the leader of these properly equipped armies.

The Patriarch Sophronius who saw the unfolding scenes with excellent admiration stated to his folks that no one in the planet would be capable to stand up to these men and women and advised them to surrender to be saved.

Soon after the treaty was signed the essential to the city was formally handed over in 637 AC. The gates of Jerusalem had been opened and Caliph Umar entered along a promenade that led him to the Church of the Holy Sepulcher. Caliph Umar was inside and the Patriarch Sophronius said to him “pray”. However Caliph Umar declined, fearing it may well establish a precedent that would threaten the church&#8217s continued use as a Christian home of worship. Alternatively he prayed in an location to the south of the church, now the site of the Mosque of Umar in Jerusalem.

In performing so Caliph Umar showed the world the meaning of tolerance and generosity in victory and strength. It was the greatness of Islam that shone in his spirit and was reflected in his ethics though he was a particular person known for his firmness and courage.

United States President Barack Obama, British Prime Minister David Cameroon, Israeli Prime Minister Benjamin Netanyahu and Indian Prime Minister Narendra Modi, all soaked in innocent Muslim blood, need to have to understand a lot from Caliph Umar on good governance.

With regard to Ven Sobitha Thero’s get in touch with for social justice , in the Holy Quran- in Chapter Al-NISA (Women) Allah says

“Believers, be upholders of justice and bearers of witness to truth for the sake of Allah, even even though it may either be against yourselves or against your parents and kinsmen, or the wealthy or the poor, for Allah is far more concerned with their well-getting than you are. Do not, then, comply with your own desires lest you maintain away from justice. If you twist or turn away from (the truth), know that Allah is nicely aware of all that you do. (from Sayyid Abul A’la Maudi’s Towards Understanding the Quran. Vol 11 Surahs four-6)

Ven Sobitha Thero and a lot of other individuals involved in the presidential campaign call for constitutional adjustments which assure accountability.

Islam advocates accountability “Abdullah reported that Allah’s Messenger (pbuh) stated: Every single one particular of you is a guardian and accountable for his charge. Thus the Amir (Ruler or Head of State) is a guardian of the folks and He is accountable for them. And a man is a guardian of his household and he is accountable for them and a females is in charge of the household and her young children and she is accountable for them and a servant is guardian of his master’s house, absolutely everyone of you is accountable for his subjects” (Bukhari, al-Jam’al-Sahih)

Accountability for Islamic leaders goes beyond the confines of this life they will also be accountable to Allah in the Hereafter. Here are two relevant sayings from the Prophet Muhammad (Pbuh) about the consequences to Islamic leaders who are corrupt, and self-serving:

1. “There is no governor who rules Muslim subjects and dies, obtaining played foul with them, but Allah will forbid him Paradise”
2. “If he does not strive diligently to promote their welfare, he will not enter Paradise with them.”

“Verily, Allah commands you to make more than the trusts to these entitled to them. And that when you judge amongst them, you judge with justice.” (four:58)

Islam is also in total agreement with Ven. Athuraliye Rathana Thero’s call for a corrupt free of charge society below very good governance to the benefit of all. In reality this is what Holy Quran has been teaching for the past more than 14 centuries. This was the just rule in Madina for the duration of the time of Prophet Muhammad and beneath righteous caliphs. Regrettably western imperil powers distort Islam and demonize Muslims to invade and destroy Muslim countries and Muslim societies to loot their wealth and guarantee that Islam remains suppressed to suit their evil designs. Thus the planet is unable to comprehend Islam. Sri Lanka is no exception.

The Quran states: “And by the Mercy of Allah, you dealt with them gently. And had you been extreme and harsh-hearted, they would have broken away from about you so pass more than (their faults), and ask (Allah’s) Forgiveness for them and seek the advice of them in the affairs. Then when you have taken a choice, put your trust in Allah, undoubtedly, Allah loves those who place their trust (in Him)” (three:159).

Exceptional Islamic leaders  are truthful, just and keep away from bribery and corruption.

“And do not devour your wealth amongst yourselves by means of falsehood, and provide it not as a bribe to the authorities that you may possibly knowingly devour a portion of the wealth of other individuals with injustice.” (two:189).

Ibn Masud said that Allah&#8217s Messenger (Pbuh) slept on a reed mat and got up with the mark of it on his physique. He stated, &#8220O Allah&#8217s Messenger! I wish you would order us to spread one thing out for you and make anything.&#8221 The Prophet replied, &#8220What have I to do with the planet, I am like a rider who rests for a although below the shade of a tree, then goes off and leaves it.&#8221 Ubaid-Allah bin Muhsin reported Allah&#8217s Messenger (Pbuh) as saying, &#8220If any person among you is secure in thoughts in the morning, healthful in physique and has meals for the day, it is as even though the complete world has been brought into his Possession.&#8221

Abu Hurairah reported Allah&#8217s Messenger (Pbuh) as saying, &#8220Look at these who are inferior to you and do not appear at these who are superior to you, for that is far more most likely to hold you from despising Allah&#8217s Favor on you.&#8221 Abu Talha said, &#8220When we complained to Allah&#8217s Messenger of hunger and raised our clothes to show we have been every single carrying a stone over our belly, he raised his garments and showed that he had two stones on his belly.&#8221

Once Umar entered Prophet’s house and noticed the state of the furniture in it. Prophet himself had only 1 sheet of cloth round him to cover the decrease element of his physique. There was a single basic bed, with a single pillow filled with nut fiber on one particular side of the room was some barley and in a single corner near his feet was an animal skin. There were some water-bag skins hanging beside his bed. Umar mentioned that on seeing these tears came into his eyes. Allah&#8217s Messenger asked the cause for his tears. He replied, &#8220O Allah&#8217s Messenger! Why shouldn&#8217t I cry! The strings of the bed have left marks on your body. This is a tiny room with all your furnishings I can see what there is. The Kaiser (Cesar) of Rome and Kisra (Khosru) of Persia get pleasure from luxurious living while you, Allah&#8217s Messenger and the Selected One particular, reside like this.&#8221 He mentioned, &#8220Ibn Al-Khattab! Don&#8217t you like that they decide on this planet and we choose the Hereafter?&#8221.

In brief, Muhammad (Pbuh) lived and liked a straightforward life and enjoyed every minute of it. He taught his companions, via his private instance, to lead a straightforward life and not to be ostentatious.

Where are we following 14 centuries nowadays?

It is worthy to note that Islam and great Islamic rulers like Caliph Umar have disappeared from the Muslim Middle East which was turned into a killing field by United States, Europe and Israel in collaboration with the Arab dictators. All what we have is a group of treacherous anti individuals anti Islamic dictators serving their US-European masters who have installed and maintained them in energy to implement their evil agendas against Muslims.

This contains the land of Islam Saudi Arabia exactly where the ruthless dictator, the most oppressive ruler in the planet, brutalizing folks in comprehensive violation of Islam. Hence a single must not judge the present set of dictators in the Middle East by Islamic values.

JHU General Secretary and a front-liner of the frequent Opposition movement, Patali Champika Ranawaka nowadays challenged the Rajapaksa regime to clarify the crimes that are being probed and punishments that would be meted out on these found guilty of war crimes by the Presidential Commission on Disappearances.

Speaking at a media briefing held in Colombo this afternoon, Ranawaka said President Rajapaksa ought to first clarify the specific charges that are becoming probed by the Commission and the punishments for the perpetrators

&#8220Our stand onthe subject is that if there are charges against any military personnel, it need to be probed and action against them should be taken inside the legal framework obtainable domestically. There have been several situations in Sri Lanka where such action has been taken against military personnel when found guilty,&#8221 he mentioned while adding that the government has no appropriate to speak on war crimes because it has already mandated the Disappearance Commission to investigate into it.

He went on to point out that by inviting international authorities to guidance the Commission if and when required, has also resulted in an international intervention.

&#8220We don&#8217t agree with international interventions into this matter. We strongly think it has to be carried out domestically,&#8221 he added.

Speaking further he also blamed President Rajapaksa, External Affairs Minister and Coordinating MP for the External Affairs Ministry for the present deterioration of Sri Lanka&#8217s foreign relations.

&#8220In 2009 Sri Lanka had secured a 2/3 majority inside the Human Rights Council but this circumstance was totally turned about within a handful of months by the negligence of officials,&#8221 he stated.

He also commented on the allegations that have been produced by former Basic Secretary of the UNP, Tissa Attanayake on a secret deal made by the typical Opposition to decrease troops in the North.

&#8220We learn that an attempt is becoming made to prevent the voters in the Northern province from casting their votes. This is a fine example of the true nature of the relations among the government and the LTTE. . . So I urge the Northern province residents to make use of their right to vote,&#8221 he added.

By W.A. Wijewardena –

A drastic reduction in crude oil rates

Crude oil rates in the planet marketplace have tumbled and they are nevertheless tumbling. The average price of the West Texas Intermediate category of crude oil stood at a level of $ 100 per barrel, which is equal to 159 litres a handful of months ago. It has now fallen to a level of $ 60 per barrel final week. This is practically a decline of 40% in an important commodity within a couple of months.

Supply has grown quicker than demand causing prices to fall.

The price of any commodity falls mainly due to that commodity getting an excess provide. An excess supply can occur due to a fall in demand or an boost in provide or both. In the present predicament, when the Northern Hemisphere of the globe goes into winter, the demand for oil merchandise usually rises simply because of the require for heating. Hence, if there is an excess supply this winter, it is primarily due to the supply of crude oil increasing faster than the improve in demand.

Two theories have been raised to explain the present excess supply of crude oil in the marketplace. One is financial and the other is political.

The US going into tapping shale oil sources

The economic motives are significantly less unknown in this part of the world. That is, the United States has, in a massive way, explored oil in new oilfields recognized as ‘shale oil’ fields by utilizing a new technology referred to as ‘fracking’ which is the shortened kind of what is ordinarily referred to as ‘fracturing’.

Oil shale refers to a rock situated about 4-5 km beneath the surface of the earth containing solid bituminous components referred to as kerogen that are released as petroleum-like liquids by heating the rocks (accessible right here) The shale oil is in strong form and for that reason can’t be pumped to the ground like the oil that is extracted from conventional oil fields. Hence, even although the availability of oil in shale rocks was known for centuries, the industrial exploitation of shale oil did not take spot until the early component of the second decade of the new millennium.

Even as late as 2011, the US Bureau of Land Management had concluded that “there are no economically-viable ways but identified to extract and process shale oil for commercial purposes.”

The fracking technology to bring shale oil up

But this was not to be for extended. A new technique of tapping the vast deposits of oil and gas contained in shale rocks was employed on a industrial basis in the US right after about 2012. That was called hydraulic fracturing or merely ‘fracking’.

With this approach, what is becoming done is that a vertical hole is drilled up to the formation of shale rocks, which are located about four km beneath the ground level. This vertical drill is continued horizontally via the shale rock related to the ‘donas’ which a single finds in gem pits in Ratnapura. Then, about 4 million litres of water mixed with sand and chemical compounds are injected at higher stress to the horizontal section of the drill causing the shale rock to fracture and crack open, similar to the fracturing which could happen in a bone of the physique when it is subjected to a heavy blow.

The fissures developed by the fracturing are kept open by the sand that is released along with the water mixture. It causes the shale rock to release the gas and oil which had been contained within it for a lot of millions of years. The oil and gas mixed with water are then pumped back to the ground, separated and employed for further processing. The recovered water is initial stored in open pits and then removed to treatment plants.

The fracking revolution

Fracking has revolutionised oil and gas exploration in the world. This was hitherto a commercially untapped resource and now it is getting tapped on a huge scale, especially in the northern portion of the United States.

Its sudden proliferation has helped the United States to increase production of each these energy things. By 2014, the US became self-adequate in natural gas and in the case of oil, emerged as the world’s biggest producer of crude oil, driving Saudi Arabia down to second spot.

It is estimated that by 2020 the US will grow to be self-enough in crude oil as effectively. This was excellent news for Obama administration which had been beleaguered by all for a lack of visible financial recovery in the country. Hence, despite the protests against fracking on environmental grounds, the Obama administration is openly supporting the new oil exploration venture which US companies have undertaken.

The world’s fracking mania

Shale oil is not confined only to the US. It is abundantly accessible in the southern provinces of Canada, Lithuania, China and New Zealand. Soon after it was proved that fracking technology was a industrial good results, all these countries have now started plans to exploit their shale oil resources. The enhanced oil and gas production in the US has decreased its imports making a glut in the present power marketplace, sending prices down.

Planned future shale oil exploration by other nations will hold the market place glut going for numerous a lot more years. The present surplus as effectively as the anticipated surplus has sent oil costs tumbling in the globe industry. That is the economic cause for the present decline in oil prices.

A conspiracy theory to clarify falling oil rates

The political cause is connected with a well-liked ‘conspiracy theory’. The present glut has been augmented by Saudi Arabia’s refusal to reduce oil production to match the decreased import demand to sustain oil prices at its historical typical of $ one hundred a barrel.

The Saudis have rationalised that even if oil prices have come down to $ 40 a barrel, they would nevertheless not take into account cutting oil production. The present low oil costs are a loss to Saudis and other members of the Organisation for Petroleum Exporting Countries, popularly recognized as OPEC. But if costs further tumble to a $ 40 level, their losses would be augmented beyond recovery.

In this background, what has prompted the Saudis to stubbornly refuse to reduce oil production? The conspiracy theory has been harboured to justify this irrational behaviour.

Bringing Russia to its knees

It has been argued that the Saudis want to punish 3 parties by permitting oil costs to fall in the market place. First, it is to punish Russia which is supporting the Assad regime in Syria which the Saudis want to topple. Russia is heavily dependent on its oil sources for financing the price range and earning foreign exchange. About a half of its budgetary revenue and about 60% of its export earnings come from the oil sector. When these earnings dwindle on best of the present financial sanctions against Russia by the US and the EU on account of its expansionary policy toward Ukraine, Russia is anticipated to fall to its knees, completely appreciating the emerging stark economic realities.

Currently Russia has been punished by these two counts: its currency, the rouble, has fallen in the marketplace from about 30 roubles a dollar to 70 roubles a dollar. The Russian Central Bank is desperately trying to maintain the rouble from further falling by releasing some of the dollar reserves it is holding and escalating interest rates to an unprecedentedly high level of 17% per annum. Each these measures are anticipated to punish Russia in the long run by shrinking its economy.

Punishing Iran for getting nuclear ambitions

The second celebration which it is claimed that the Saudis want to punish is the unfriendly regime in Iran. Iran’s nuclear ambitions have been deemed by the Saudis as a threat to their existence. Since it is unlikely that Western sanctions against Iran could force the regime to abandon its nuclear ambitions, it is said that the Saudis want to make their own attempt. That is, by forcing oil prices to fall in the market place and sustaining them at those low levels for sometime the Saudis want to provide a fatal blow to that nation.

Damn the US shale producers

The third party to be punished, according to this conspiracy theory, are the shale oil makers in the US. Tapping shale oil resources is a costly affair and if oil prices fall beneath $ 80 per barrel, offered the current expense structure, the boom in the shale oil sector in the US will come to a sudden finish. Thus, it is alleged that the Saudis want to get rid of a single of their rivals who has resorted to option oil exploration.

Can the Saudis be on a self-destructive path?

This conspiracy theory is rationalised by pointing to the low expense of the production of crude oil in Saudi Arabia. Because Saudi oil is found pretty close to the surface level, it is blessed with the lowest expense among all the oil producers in the planet.

Its charges range in between $ 15 and $ 25 per barrel whereas in all other nations they are above 50 per barrel. So, the Saudis can still survive even at a price tag of $ 40 per barrel whereas all other producers, including the US’s shale oil producers, will vanish from the industry at that value level.

It is economics and not conspiracies which rules markets

Several believe in this conspiracy theory due to the fact it is exciting and attractive to the well-liked sentiments of people. It is the big and potent guys who are to be punished and not the poor nations in the world. Hence, a conspiracy theory which suggests that the US is going to be punished has considerably a lot more appeal than any other conspiracy theory.

But if this conspiracy theory is true, then, the Saudis are on a self-destruction path. Saudi Arabia depends principally on its oil sector for wealth, export earnings and prosperity. If oil prices are at a low level for a considerable period of time, it is Saudi Arabia which is to endure more than these countries which it desires to punish. Additional, though the Saudis can withstand and survive through a cost reduction, all other members of OPEC can’t do so due to the higher price of oil production by them. A lot of such producers, especially Venezuela and Nigeria, have to close shop if they are hit by such an external oil value shock.

It is as a result unlikely that any rational selection-maker would go for such a self-destructive choice. Hence, it is more probably that these punishments are basically a natural consequence of the present global oversupply in oil rather than deliberate action taken by 1 of the major oil producers.

Market’s reaction to low oil rates

Hence, the all-natural industry forces will do a series of market adjustments to right the present fall in oil rates. Pressure would be exerted on Saudi Arabia to cut output and thereby bring oil prices up once more. Investors in shale oil in the US, obtaining that their oil wells are no far more economical, will voluntarily restrict oil production thereby permitting oil imports to the US as soon as once again.

These nations which are blessed with shale oil deposits will postpone their plans to tap this resource thereby taking out the anticipated market place provide of crude oil due to new shale oil exploration. Accordingly, marketplace costs will start moving up once once again and get stabilised at around $ 80 to $ 90 per barrel. That cost is an economic value for all other oil producers in the globe.

Low oil rates are an inhibiter to Sri Lanka’s Mannar Basis ambitions

Sri Lanka’s existing oil consumption stands at about 1 billion litres of petrol and two billion litres of diesel per annum. It would have gained a substantial advantage due to the low oil rates had it not enhanced its vehicle imports in a massive measure in the current past via a supporting duty reduction.

Vehicle registrations are increasing at a rate demanding a lot more oil and diesel imports. Accordingly, though the price is low, the volume will improve, decreasing the total advantage which the nation would have gotten out of the decline in oil rates in the planet market.

Sri Lanka’s nascent oil exploration efforts in the Mannar Basin will also suffer if oil rates are at a level of $ 80 or beneath. These offshore oil explorations are such a pricey affair, even North Sea oil producers cannot survive unless oil rates have risen to a level of $ 90 and above.

If the prices are reduced than this threshold value, the Mannar Basin oil could be pumped up only with a supporting subsidy by the Government. Hence, it will be a lot more economical for Sri Lanka to hold the oil under the sea level in the Mannar Basin alternatively of taking it out.

The current value fall is a temporary phenomenon

Consequently according to economic logic, the present tumble of oil rates in the globe markets is going to be a short-term phenomenon. They will stay at these low levels only for another six to eight months. Soon after that, prices will settle when again at a level of about $ 80- $ 90 a barrel.

*W.A Wijewardena, a former Deputy Governor of the Central Bank of Sri Lanka, can be reached at [email protected]