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Conflicts doubled global displacement in 2006, report says
GENEVA, April 16, 2007 (AFP) – The number of people displaced within their own countries by conflicts doubled last year, pushing the global total to 24.5 million, an international monitoring centre said Monday. Apart from hundreds of thousands of people in Lebanon, other large-scale returns were reported during 2006 in South Sudan (800,000), the Democratic […]
Capital Call
April 15, 2007 (LBO) – Seylan Bank, whose rating outlook was downgraded to negative by Fitch may need a fresh equity addition to boost solvency, the rating agency has said. Seylan currently has a network of 92 island-wide branches. The bank is raising one billion rupees through a subordinated debenture to which for which a […]
IMF calls for flexible approach to exchange rate surveillance
WASHINGTON, April 14, 2007 (AFP) – The International Monetary Fund called Saturday for a flexible, non-coercive approach to monitoring exchange rate regimes of member countries after the United States had pressed for stepped-up intervention by the IMF. “Dialogue and persuasion should remain key pillars of effective surveillance,” the IMF’s policy-setting committee said here in a […]
Australia v Sri Lanka head-to-head record
ST GEORGE’S, Grenada, April 15, 2007 (AFP) – Australia v Sri Lanka head-to-head record ahead of their World Cup Super Eights match at the Grenada National Stadium here on Monday: Total meetings: 62 Australia wins: 41 Sri Lanka wins: 19 Tied: 0 No Result: 2 Last 10 meetings 25/02/2004: Colombo Australia won by 5 wkts […]
Sri Lanka enter semis; Jayawardene relishing Australia challenge
ST GEORGE’S, Grenada, April 15, 2007 (AFP) – Sri Lanka captain Mahela Jayawardene says his side’s self-belief means they can do what no other team has managed since the 1999 World Cup – beat Australia.“The next two weeks for us is the showcase time for the whole tournament, and our senior players, who have been […]
New Zealand beat South Africa to book semi-final place
ST GEORGE’S, Grenada, April 14, 2007 (AFP) – New Zealand made certain of their place in the World Cup semifinals when they cruised to a five-wicket win over South Africa in their Super Eights match at the Grenada National Stadium Saturday. New Zealand bounced back from their defeat against Sri Lanka two days earlier by […]
Sri Lanka Tamil Tiger breakaway group member shot dead
April 15, 2007 (AFP) – Suspected Tamil Tiger rebels shot dead a member of a breakaway group in eastern Sri Lanka as the country marked the start of the traditional New Year, the defence ministry said Sunday.The victim, identified as a member of a Tamil faction known as the “Karuna Group” believed allied with government […]
Sri Lanka peace process on ice as international community wait for battle fatigue
COLOMBO, April 15, 2007 (AFP) – Sri Lanka’s peace process is in tatters with both the government and Tamil Tigers once again pushing for a military solution, according to diplomats close to efforts to end the conflict. International sponsors of the peace process are also resigned to Asia’s longest-running civil war dragging on for years […]
Sri Lanka peace process, ceasefire in tatters
by Stefan Smith COLOMBO, April 15, 2007 (AFP) – Sri Lanka’s peace process is in tatters with both the government and Tamil Tigers once again pushing for a military solution, according to diplomats close to efforts to end the conflict. “This is not something that can be tackled only through military means,” Boteju said.“There must […]
Powerless
April 15, 2007 (LBO) – Sri Lanka lost electricity power Sunday as the entire national electricity grid failed shortly before 3.00 pm local time, officials said. Sri Lanka has been under-investing in infrastructure for years, with most of the tax revenues going to sustain a bloated public service or the war. In the last two […]