A two-day pause in 'offensive operations' and a relative lull during the festive season did not take the world spotlight away from Sri Lanka. Nor did it dull some significant domestic developments.
The current economic crisis is generally looked upon as a problem in the balance of payments and a foreign exchange crisis. It is often interpreted as a crisis caused by the global downturn and recession.
As the financial meltdown spreads to the far corners of the globe, one of its biggest casualties is international migration. The global recession is taking a heavy toll on migrants, and consequently, on migrant earnings, one of the most lucrative sources of foreign exchange in the developing world.
