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Rights group slams Sri Lanka for not saving Tamil civilians
Apr. 25 (AFP) – Sri Lankan security forces stood by as Sinhalese mobs murdered Tamils after a suspected Tamil Tiger bomb attack earlier this month at a busy market, a human rights watchdog charged Tuesday.The New York-based Human Rights Watch (HRW) said the Colombo government failed to respond to attacks by Sinhalese men armed with […]
Tigers provoking backlash with killings: Sri Lanka
Apr. 24 (AFP) – Suspected Tamil Tiger rebels hacked to death a mother feeding her baby after gunning down six farmers in a killing spree designed to provoke a backlash, the defence ministry said Monday.Members of the rebel Liberation Tigers of Tamil Eelam (LTTE) snatched the infant and chopped the woman to pieces at Seeruwila […]
Surging rubber prices raising ‘alarm bells’: experts
KUALA LUMPUR, Apr. 24 (AFP) – Rising demand that has pushed prices for natural rubber to record highs is raising fears world supplies will run short, experts said Monday at an international summit in the Malaysian capital. Growing demand has seen prices rise steadily for over a year, hitting 2.0 dollars per kilogram (2.2 pounds) […]
Loosing Grip
PARIS, Apr.24 (AFP) – From cars to planes, chemical plants to retail, every sector in the world economy is having to adapt to the prospect that high oil prices are going to last.Most oil firms are transferring the price hike to their clients, noting that high oil revenues stimulate research and development. CARS: Although driving […]
”: experts
KUALA LUMPUR, Apr. 24 (AFP) – Rising demand that has pushed prices for natural rubber to record highs is raising fears world supplies will run short, experts said Monday at an international summit in the Malaysian capital. Growing demand has seen prices rise steadily for over a year, hitting 2.0 dollars per kilogram (2.2 pounds) […]
Chess Game
Apr.24 (LBO) – Sri Lanka plans to ask for more shipments of clothes, edible oils and fewer limits on country of rules origins on exports of key items to India, when both nations meet for trade talks tomorrow, officials said. Four days of trade talks between the two nations under the Comprehensive Economic Partnership Agreement […]
Guilty
NEW YORK, Apr.24 (AFP) – The former top executive of Computer Associates, Sanjay Kumar, pleaded guilty Monday to participating in a 2.2 billion dollar accounting fraud and obstructing a subsequent investigation. The Sri Lankan-born Kumar, former chairman and chief executive of the software and computer security giant, entered the guilty plea together with the company’s […]
Red Light
Apr.24 (LBO) – The District Court Monday turned down a request by Malaysian based investor A P Jagaiah to postpone the NDB Bank’s annual general meeting. -LBO Newsdesk Jagaiah sought legal recourse after NDB Bank refused to register 9.36 percent or 5.2 million shares owned by him, the bank said in a statement. In a […]
Close Inspection
Apr. 24 (AFP) – Sri Lankan police arrested five Maldivian nationals sparking unconfirmed rumours that the suspects were linked to Al-Qaeda, police and media reports said Monday.The five — two women, two children and a man — were taken into custody at the request of the Maldives government and handed over to the Maldivian high […]
New Route
HONG KONG, Apr. 24 (AFP) – A long campaign to remove pirated goods from shop fronts in Asia is finally having an impact but the crackdown has also changed the nature of the problem and new outlets are flourishing.The results of police raids, a slate of new laws and increased prosecutions can be seen across […]