Category:
Tamil Tigers set up presence in US: report
WASHINGTON, April 7, 2008 (AFP) – The Tamil Tigers, a Sri Lankan rebel group responsible of killing about 4,000 people in the past two years, have quietly established a US presence to help finance their separatist campaigns, The Washington Times reported Monday. Citing various US government sources, the newspaper said the organization was trying to […]
Commodity bubble may burst warns IMF, what will happen to Sri Lanka tea
April 07, 2008 (LBO) – The International Monetary Fund has warned that the current commodity bubble, perhaps the biggest in four decades, which has sent oil, metals and food prices zooming may burst soon as a global credit bubble unwinds rapidly. . A crumbling commodity bubble, while lowering oil and imported food prices could reduce […]
Leisure Style
April 06, 2008 (LBO) – Sri Lanka’s famed architect, Geoffrey Bawa has inspired a new trend of boutique type hotels in Sri Lanka that are attracting high-end tourists, that is now spreading its wings abroad. . A leisure architectural style that is now sweeping across India and Indonesia had its origins nearly half a century […]
Remote Diagnosis
April 06, 2008 (LBO) – Sri Lanka is setting up an internet kiosk network in agrarian areas to help farmers identify crop diseases and find quicker remedies government officials said. “Farmers can go to a cyber unit with a disease affected leaf and show it to an officer there who will in turn take a […]
Sri Lanka senior minister targeted in suicide blast
April 06, 2008 (LBO) – A senior Sri Lanka minister has been killed in a Tamil Tiger suicide blast Sunday morning, north of Colombo, that has left at least 10 people dead, police and officials said. Highways minister Jeyeraj Fernandopulle was caught in the blast in the town of Weliveriya north of Colombo in a […]
Sri Lanka minister killed in bomb attack
April 6, 2008 (AFP) – Sri Lanka’s highways minister Jeyaraj Fernandopulle was killed in a bomb attack outside Colombo on Sunday, a government official here said.The minister was presiding over traditional New Year celebrations in the town of Weliveriya, north of Colombo, when the blast occurred.At least 10 others were killed by the powerful bomb.
Crisis, what crisis? say Swiss financiers amid UBS woes
GENEVA, April 6, 2008 (AFP) – Swiss ministers and financiers are striving to reassure markets and citizens there is no banking crisis even as the once-mighty UBS totters after losing billions of dollars in subprime exposure. UBS, the country’s biggest bank and once a byword for safe, reliable investments, now has the dubious distinction of […]
Samaraweera century put Sri Lanka back in game
PORT OF SPAIN, Trinidad, April 5, 2008 (AFP) – Thilan Samaraweera hit his sixth Test hundred and shared a century seventh-wicket stand with Chaminda Vaas to lead a Sri Lanka recovery in the second and final Test against West Indies here on Saturday. Samaraweera hit the top score of 125, as Sri Lanka, trailing by […]
Sri Lanka suicide assassin may have been marathon runner
April 6, 2008 (AFP) – A suspected Tamil Tiger suicide bomber killed Sri Lanka’s highways minister as he opened a marathon Sunday in an attack that left 11 others dead and nearly 100 wounded, police and officials said. . Senior minister Jeyaraj Fernandopulle, 55, was killed in the town of Weliveriya outside of the capital […]
Special Licence
April 05, 2008 (LBO) – The Merchant Bank of Sri Lanka (MBSL), a unit of state-run Bank of Ceylon , said it plans to get a banking license and expand its activities. . The bank will seek a licence from the regulator to operate as a ‘licensed specialised bank’, MBSL’s new chairman Janaka Ratnayake said […]
Kenyans say jumbo coalition cabinet a colossal waste
NAIROBI, April 4, 2008 (AFP) – Kenyan papers and political watchdogs Friday criticised the size of a coalition cabinet announced a day earlier, saying 40 ministers were a colossal waste of money in a country with widespread misery.They also slammed President Mwai Kibaki and Raila Odinga, head of the Orange Democratic Movement, for creating the […]
Tough road lies ahead for global climate deal
BANGKOK, April 5, 2008 (AFP) – There have been numerous disagreements during a week of intense climate change talks in Bangkok but there is one point all sides agree on — a long, tough road lies ahead. The five-day negotiations stretched past midnight on Friday before reaching a deal aimed solely at setting up more […]