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As energy bills soar, Japanese test fuel of future
TOKYO, June 8, 2008 (AFP) – As world oil prices skyrocket, thousands of households in energy-poor Japan are taking part in an ambitious experiment to use fuel cells to light and heat their homes.Since the prime minister’s official residence became the first house in the world to be equipped with a domestic fuel cell in […]
Sri Lanka detains over 50 a day after twin bus bombs: military
June 7, 2008 (AFP) – Sri Lankan police detained more than 50 people for questioning following twin bomb attacks blamed on Tamil Tiger rebels that killed 23 civilians, the defence ministry said on Saturday. The suspects were rounded up near the town of Moratuwa, south of Colombo, where a crowded passenger bus hit a roadside […]
Dollar tumbles; Oil hits new record of US$138 a barrel
NEW YORK, June 6, 2008 (AFP) – The dollar tumbled Friday after a US government survey revealed a much higher-than-expected jump in the nation’s unemployment rate during May to 5.5 percent. Analysts said the report underlined lingering economic woes but noted the Federal Reserve’s precarious position because further interest rate cuts could spur inflationary pressures […]
” cannot be taken in isolation: economists
June 7, 2008 (LBO) – Sri Lanka should have a holistic approach to avert the threat of the household food security of the vulnerable groups due to the prevailing food crisis, officials and economists have said. A global commodity bubble – fired by money printing in reserve currency countries in particular – has brought higher […]
Sri Lankan stocks weaken further due to lacklustre buying
June 06, 2008 (LBO) – Sri Lanka stocks weakened by 0.68 percent during Friday’s trading adding to the week-long losing streak at the Colombo Stock Exchange.Dialog Telekom lost 25 cents to close at 13.50 rupees while John Keells Holdings closed 50 cents lower at 114.50. The All Share Price Index dropped 0.68 percent (16.88 points) […]
Second Sri Lanka bus bombing kills 2, injures 20
June 6, 2008 (LBO) – A bomb exploded in a bus off the central Sri Lankan city of Kandy, killing 2 people and injuring 20 within hours of a blast that killed 21 civilians near the capital Colombo, police said. Police spokesman Ranjith Gunesekera said the bomb exploded in a bus traveling from Matale to […]
Sri Lanka bus bombings kill 22, scores injured
June 6, 2008 (LBO) – Two bus bombings in the capital Colombo and off the central Sri Lankan city of Kandy by suspected Tamil Tigers has left at least 22 dead and more than 80 injured Friday, authorities said. Tigers and the military have been trading charges over civilian deaths in the conflict, which has […]
Sri Lanka bus blast death toll rises to 21: military
June 06, 2008 (LBO) – The death toll in a bomb attack on a crowded bus in a southern suburb of the Sri Lankan capital Colombo during the morning rush hour Friday has risen to 21, the defence ministry said. AFP news agency quoted one of its photographers at the scene as saying he saw […]
Sri Lanka bomb blast near capital kills 18: military
June 06, 2008 (LBO) – At least 18 people were killed when a bomb exploded on a highway in a southern suburb of the Sri Lankan capital Colombo during the morning rush hour Friday, the media centre for national security said. The blast occurred on the Katubedda-Piliyandala road in front of the university in Moratuwa, […]
Sri Lanka bomb blast in bus near capital
June 06, 2008 (LBO) – A bomb exploded inside a bus in a southern suburb of the Sri Lankan capital Colombo during the morning rush hour Friday, the media centre for national security said. The blast occurred on the Katubedda-Piliyandala road in front of the university in Moratuwa, officials said. At least 15 injured people […]