Author: lbostgadmin
Sri Lanka troops take Tiger base after killing four
COLOMBO, Jan 11, 2007 (AFP) – Elite police commandos captured a key Tamil Tiger base Thursday after killing four guerrillas in a confrontation in eastern Sri Lanka, the defence ministry said.Sri Lanka troops take Tiger base after killing four The police Special Task Force commandos took the base known as “Janaka” in the district of […]
Irish banknotes massively tainted with cocaine
DUBLIN, Jan 11, 2007 (AFP) – Irish researchers found traces of cocaine on every single banknote contained in a random sample tested in a study of drug contamination of currency, Dublin City University (DCU) said on Thursday. Researchers voiced suprise at the 100 percent figure, which compares for example to a recent US study which […]
Brainstorming
LAS VEGAS, Nevada, Jan 10, 2007 (AFP) – Porn makers at the world’s largest sex trade show in Las Vegas on Wednesday were taking a page from Internet superstars such as YouTube by tapping into the power of social networking. Fresh young start-ups at the AVN Adult Entertainment Expo weren’t just saucy women in scanty […]
Oil prices slide under 53 dollars
LONDON, Jan 11, 2007 (AFP) – World oil prices sank below 53 dollars per barrel on Thursday to mid-2005 low points on healthy US energy stockpiles and warm weather in the northern hemisphere. The latest sharp falls have sparked speculation that the Organisation of Petroleum Exporting Countries could soon hold an emergency production meeting. London’s […]
Sri Lanka tourism slumps in Dec, authorities pin hopes on India and Middle East
Jan 11, 2007 (LBO) – Sri Lanka’s leisure industry closed 2006 a neck ahead of the previous year, but the troubled island saw a sharp downturn December, as internal strife intensified and travel advisories kept visitors away. Sri Lanka lured 559,603 visitors last year, a slim 1.9 percent jump over 2005, but fell far short […]
Sri Lanka to use local messaging system for government debt deals
January 11, 2007 (LBO) – Primary dealers have welcomed a Central Bank decision to use a locally developed messaging system to transact small deals in the government debt market which will cut costs and make it cheaper to service small clients.Primary dealers would be allowed to use local messaging through the wide area network connecting […]
Sri Lanka exports recover in November
January 10, 2006 (LBO) – Sri Lanka earned more from exports in November pushing cumulative export growth for the year to 8 percent from 6.5 percent in October, the Central Bank said. Exports rocketed up by 24.3 percent to 623 million dollar in November 2006 compared with the same month of the previous year. In […]
Sri Lanka gets French aid for satellite mapping of tsunami hit areas
Jan 10, 2007 (LBO) – Sri Lanka’s Urban Development Authority has sought nearly 85 million dollars in French aid for a town planning system in tsunami hit areas. The loan, which will set up a Spatial Information System to capture, analyse and display geographical information, was signed on Wednesday, the finance ministry said in a […]
Indonesia extradites Sri Lankan wanted in US for arms smuggling
JAKARTA, Jan 10, 2007 (AFP) – Indonesia on Wednesday deported to the United States a Sri Lankan wanted by US police for smuggling military equipment to Tamil Tiger rebels, police said.“Sri Lankan national Pratheepan Thavarajah, was today (Wednesday) extradited to the United States through the Sukarno-Hatta international airport,” a national police spokesman, Bambang Kuncoko, said. […]
Sixteen killed in rival Tamil rebel clash in Sri Lanka
COLOMBO, Jan 10, 2007 (AFP) – At least 16 Tamil Tiger rebels were killed in clashes with security forces and rival rebels in Sri Lanka’s embattled eastern province, the defence ministry said Wednesday.At least 10 members of the Liberation Tigers of Tamil Eelam (LTTE) were killed and another 25 wounded when troops retaliated against a […]
‘s National Stock Exchange
NEW DELHI, Jan 10, 2007 (AFP) – The New York Stock Exchange and investment bank Goldman Sachs are among investors who plan to buy an unspecified stake in India’s National Stock Exchange, a report said Wednesday.The Economic Times business daily said that two Indian financial firms, ILandFS and IFCI, plan to sell to overseas investors […]
Zimbabwe inflation hits new record high
HARARE, Jan 10, 2007 (AFP) – Inflation in Zimbabwe hit a new record high of 1,281 percent on Thursday, puncturing government hopes of reining in the galloping rate which has left households struggling to make ends meet. Figures released by the central statistics office (CSO) showed that the year-on-year inflation rate had risen by 182 […]