Author: lbostgadmin
India govt hunts for support ahead of no confidence vote
NEW DELHI, July 21, 2008 (AFP) – The Indian government was scouring for support Monday, trying to shore up its position a day before a no-confidence vote in parliament triggered by a controversial nuclear deal with Washington. The government will collapse and early elections will be called if the coalition of Prime Minister Manmohan Singh […]
Sri Lanka stocks close lower, Janashakthi Insurance fall below issue price
July 21, 2008 (LBO) – Sri Lankan shares ended lower Monday dragged down by falls in heavyweight stocks while Janashakthi Insurance Company ended below its issue price on its debut after briefly trading higher.The All Share Price Index fell 1.32 percent (31.81 points) to 2,380.57 while the Milanka fell 1.33 percent (38.23 points) to 2,843.68. […]
Sri Lanka Janashakthi Insurance starts trading
July 21, 2008 (LBO) – Sri Lanka’s Janashakthi Insurance began trading at the Colombo bourse Monday at 13.50 rupees, above its issue price of 12.00, dealers said. Property rich Association Electrical was up 50 rupees to 1,200, The Finance was down 1.00 rupee at 49.00 rupees, John Keells Holdings up 25 cents at 104.75 in […]
IOC will crackdown on drug testing – president Rogge
LAUSANNE, July 20, 2008 (AFP) – International Olympic Committee (IOC) boss Jacques Rogge has promised a drug-testing crackdown at the Beijing Games in a bid to banish memories of cheat Marion Jones. “We had 26 positive tests in Athens, so classic tests work.But if we look at statistics most athletes are tested out of competition.” […]
Sri Lanka draws against India
July 20, 2008 (AFP) – Opener Gautam Gambhir scored an unbeaten half-century as India drew their rain-hit three-day tour match against a Sri Lanka Board XI here on Sunday. Brief Scores: Sri Lanka Board XI: 224 and 247-6 dec. in 55 overs (C. Silva 59 not out, J. Mubarak 41; Harbhajan Singh 2-53). Indians: 196-8 […]
True Olympic spirit found in those who come last
PARIS, July 20, 2008 (AFP) – True Olympic spirit is often found away from gold medallists with their agents and sponsorship deals — it is found in its purest sense in those that come last.Swimmer Eric “The Eel” Moussambani and Paula Barila Bolopa may have made a splash in Sydney but only the best memories […]
Gulf states look to harvest food from foreign investment
DUBAI, July 20, 2008 (AFP) – Faced with a scarcity of fertile land, water shortages and surging world food prices, wealthy Arab states in the Gulf are seeking to secure their food supplies by investing in agriculture abroad. Saudi Arabia and the United Arab Emirates, the top food importers among Arab countries in the Gulf, […]
ECB fight against inflation a tough sell as economy stumbles
FRANKFURT, July 20, 2008 (AFP) – The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.“There is a particular need to speak to citizens on inflation and monetary policy right now,” Natixis […]
”, say US lawyers for Afghan reporter
KABUL, July 20, 2008 (AFP) – US human rights lawyers charged Sunday that US military prisons are “legal black holes” and the force is detaining journalists to “shut people up” about activities in Iraq and Afghanistan.A vast detention camp planned for the main US base in Afghanistan will be a “second Guantanamo” where laws do […]
Sri Lanka military says 5,000 rebels killed this year
July 20, 2008 (AFP) – More than 5,000 Tamil Tiger rebels have been killed by Sri Lanka’s military since the beginning of the year, the defence ministry said Sunday.The ministry said its latest figures showed 5,036 rebels and 446 of its own soldiers had died in fighting between the start of the year and Friday […]
Sri Lanka troops capture town from Tamil Tigers
July 20, 2008 (LBO) – Sri Lanka troops have entered a town held by Tamil Tiger guerillas for 21 years, within days of over-running a nearby coastal base, the military said. Sri Lanka’s defence ministry said the area, in the Mannar district, was a stronghold of the Tamil Tigers, and troops had advanced about two […]
Call Synergy
July 20, 2008 (LBO) – Sri Lanka Telecom’s mobile subsidiary wants its licensing conditions relaxed so it could combine phone tariffs with its fixed line parent, its chief executive said. This will enable the firm to achieve higher scale advantages to compete in a market where new technology and increased competition are pushing down call […]