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Tigers accuse Sri Lanka of killing priest
April 20, 2008 (AFP) – Sri Lankan forces Sunday killed a Roman Catholic priest inside rebel-held territory, Tiger guerrillas said as the defence ministry reported 16 more deaths in fresh violence.The Liberation Tigers of Tamil Eelam (LTTE) said Father M.X. Karunaratnam, who was also a top human rights campaigner, was killed in a roadside bomb […]
Sri Lanka agriculture, construction workers earn less, services do better
April 21, 2008 (LBO) – Sri Lankan agriculture and construction workers saw their earnings eroded by high inflation in 2007 for the second year running while public sector workers and the service sector saw real increases, the central bank said. ” . . . as experienced in the previous year, both the agriculture and construction […]
” of rice
April 21, 2008 (LBO) – An examination of futures prices show that there is no ‘shortage’ of rice, but government meddling in rice production and marketing is causing other negative fallouts, a top economist has said. Steve Hanke, from the Johns Hopkins University of Baltimore in the United States, says the term structure of Thai […]
Sri Lanka jets bomb Tiger flotillas: military
April 20, 2008 (AFP) – Sri Lankan war planes bombed a flotilla of fast boats operated by Tamil Tiger rebels off the island’s north-eastern waters, the defence ministry said Sunday.. Aircraft carried out the bombing raid in the seas off Mullaitivu on Saturday evening after spy planes spotted the rebel boat formation, the ministry said […]
Sri Lanka Janashakthi, Kayjay in home security insurance deal
April 20, 2008 (LBO) – Insurers have been collaborating with banks to sell their services for years, but a tie up with a security firm looking after daytime-unoccupied homes is gaining a lot of interest.. People are getting busier and there is more work pressure and more females are also working so most of the […]
Oil multinationals of old admit powerless to influence prices
ROME, April 20, 2008 (AFP) – Oil-consuming countries and international oil producers acknowledged Sunday they can no longer influence oil prices, as a global gathering of the energy elite got underway in Rome.“In the 1970s, international oil companies (IOCs) controlled nearly 75 percent of global oil reserves and 80 percent of oil production,” said Paolo […]
Iran criticized for money printing amid 18-pct inflation
TEHRAN, April 19, 2008 (AFP) – Three of Iran’s top clerics have criticised President Mahmoud Ahmadinejad over his handling of the economy, which is currently battling 18 percent inflation, the press reported Saturday. “We shift problems and faults onto others and in order to say we are innocent we blame others,” Ayatollah Mohammad Reza Mahdavikani, […]
” against torch protesters on Everest
KATHMANDU, April 20, 2008 (AFP) – Authorities in Nepal said Sunday they had deployed security forces on their side of Mount Everest and could use gunfire against pro-Tibet protesters when China takes the Olympic torch to the summit.Nepal has been under pressure from Beijing to seal off the world’s highest peak for next month’s stages […]
Sri Lanka rice price controls temporary: minister
April 20, 2008 (LBO) – Sri Lanka’s price controls are temporary, until foreign rice stocks arrive at the end of the month and prices fall towards ceilings imposed by the government, a senior minister said. “Rangoon rice will arrive in Sri Lanka before the end of the month, then prices will fall,” consumer affairs minister […]
Sri Lanka price controls disrupt rice market: reports
April 20, 2008 (LBO) – Sri Lanka’s Zimbabwe-style price controls on rice have started to disrupt supplies threatening to turn what was simply a steep spike in domestic rice prices into a full blown crisis with actual rice ‘shortages’. . Last July Zimbabwe, a country with a history of money printing and 100,000 percent inflation […]
Broad Service
April 19, 2008 (LBO) – Sri Lanka’s Electroteks, a communications firm, says it will launch a wireless broadband service in May which will have voice telephony services at half the existing tariffs. Electroteks chief B A C Abeywardene says the service will use CDMA (code division multiple access) based technology to provide up to 1Mbps […]
Sri Lanka says 29 killed in fighting
April 19, 2008 (AFP) – At least 28 Tamil Tiger rebels and one soldier have been killed in artillery duels across Sri Lanka’s war-ravaged north, the defence ministry said on Saturday.Security forces killed 25 members of the Liberation Tigers of Tamil Eelam (LTTE) in Mannar district while three others were killed in nearby Weli Oya […]