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” killed in Tibet unrest: govt-in-exile
DHARAMSHALA, India, March 16, 2008 (AFP) – Eighty people have been “confirmed” killed in unrest in Tibet, the India-based Tibetan government-in-exile said Sunday.“Regarding bodies, it’s 80. We have 80 unidentified bodies,” said Thubten Samphel, the spokesman for the Tibetan administration in Dharamshala. He said the toll had been established from “calls made from Tibet” by […]
Sub-prime crisis hit municipal bonds, student loans
WASHINGTON, March 16, 2008 (AFP) – The financial hurricane tearing through Wall Street has sparked vast losses at major banks, but it has also exposed a formerly secretive corner of America’s financial markets. Millions of Americans track the Dow Jones Industrial Average and their stock portfolios on a daily basis, but the trillion-dollar trade in […]
Eurozone becomes biggest economy as money printing shrinks real US economic size
FRANKFURT, March 16, 2008 (AFP) – The dollar’s plunge has made the eurozone the world’s biggest economy by one measure and has underscored shifts that are reorienting the 15-nation bloc towards Asia, Russia and oil-rich Gulf states, analysts say. “With the euro now trading around 1.56 against the dollar, the size of its annual output […]
‘s Caribbean tour opens against inexperienced side
PROVIDENCE, Guyana, March 16, 2008 (AFP) – Sri Lanka open their tour of the Caribbean on Monday against an inexperienced West Indies Select XI at the Guyana National Stadium. The three-day tour match will be the visitors’ only chance for match practice ahead of the first Test of two against West Indies, starting next Saturday […]
Sri Lanka former minister Anura Bandaranaike dies
Mar 16, 2008 (LBO) – Sri Lanka’s former minister Anura Bandaranaike, a member of a powerful political family that has produced two prime ministers and a president, died Sunday at a private hospital, a senior ruling party official said. Anura Bandaranaike is the son of Sri Lanka Freedom Party (SLFP) founder and former prime minister […]
Roadside bomb kills Sri Lankan soldier, fighting rages
March 16, 2008 (AFP) – At least one soldier was killed and four others wounded in a road side bomb attack in northern Sri Lanka Sunday, defence officials said. Suspected Tamil Tiger rebels set off the blast as troops drove in an autorickshaw in Vavuniya district, an area of ongoing heavy fighting between the government […]
Regional Design
Mar 15, 2008 (LBO) – Sri Lankan architects are finding new opportunities designing hotels for India’s booming leisure sector as an intensifying conflict delayed projects at home, a top architect said. “We have not had too many opportunities in Sri Lanka,” says Channa Daswatte, who now spends more time in India than at home. “With […]
Airport Alert
LONDON, March 15, 2008 (AFP) – A Sri Lankan national appeared in court in London Saturday charged with endangering aircraft after a major security alert at the city’s main Heathrow airport. Ketheeswaran Uthayakumar, who has no permanent address in Britain, was remanded in custody after a short hearing at Uxbridge Magistrate’s Court in west London. […]
Russia offers India aviation secrets in fighter contract bid
MOSCOW, March 14, 2008 (AFP) – Russia is ready to hand India military aircraft engineering secrets in a bid to win a 12-billion dollar (7.65-billion euro) aviation contract tender, Interfax agency reported Friday.Other world military aviation giants competing for the contract include Americans Boeing and Lockheed Martin, French group Dassault, the European consortium behind the […]
Bear Stearns facts and figures
NEW YORK, March 14, 2008 (AFP) – The troubled US investment bank Bear Stearns said Friday it was receiving an emergency loan organized by a rival bank and the Federal Reserve Bank of New York. Bear Stearns share price plummeted after its president and chief executive, Alan Schwartz, said the bank’s liquidity position had “significantly […]
Sri Lankan spinner gets suspended jail sentence
March 15, 2008 (AFP) – Sri Lanka spinner Kaushal Lokuarachchi on Saturday was handed a four-year suspended jail sentence for driving carelessly and killing a woman pedestrian in 2003.The leg-spinner, who has played 21 one-day internationals and four Tests, was banned for four months by Sri Lanka Cricket on disciplinary grounds following the car crash.Judge […]
Sri Lanka jets bomb Tiger base: military
March 15, 2008 (AFP) – Sri Lankan government jets bombed a Tamil Tiger training base as fighting across the northern region claimed at least another 29 lives, the defence ministry said Saturday.Sri Lanka pulled out of a six-year-old truce with the LTTE in January, saying it had the upper hand to crush the rebels militarily. […]