Sri Lanka could stabilize economy with inflation targeting: IMF director

Dec 10, 2007 (LBO) – Sri Lanka could stabilize its economy and rein in galloping prices by moving to an inflation targeting framework and a flexible exchange rate, a top International Monetary Fund official said. Unlike East Asia and some Latin American countries, critics say five decades after creating a central bank with money printing […]

No Sri Lanka eco clearance for Booker Tate project yet

Dec 09, 2007 (LBO) – Sri Lanka has not given environmental clearance for a controversial sugar project yet and its first application for approval has been rejected, a top official said. . A cane cultivation project in Bibile, in the Uva province of Sri Lanka, has drawn heavy fire from environmental activists and academics who […]

Clemency

Dec 09, 2007 (LBO) – A Saudi Arabian court has begun reviewing the case of a Sri Lankan housemaid condemned to death for killing a four-month-old infant in her care. The Middle Eastern English language daily Arab News reported Sunday that a three-member court, headed by Dawadmi High Court chief judge Abdullah Abdul Aziz Al-Rosaimi, […]

Still On

Dec 09, 2007 (LBO) – A Saudi Arabian court has begun to review a case where a Sri Lankan teenaged maid was accused of murdering an infant in her care, but a decision may take more time, a report from the desert kingdom said. . The lawyer of the maid Rizana Nafeek was quoted by […]

Reducing carbon emissions: the options

NUSA DUA, Indonesia, Dec 9, 2007 (AFP) – Here are the main options for tackling greenhouse-gas emissions, listed by order of feasibility: – ENERGY EFFICIENCY: Improve energy efficiency in transport, buildings, appliances, lighting. ADVANTAGE: Can make big, early gains in braking growth in carbon pollution.DISADVANTAGE: Tougher standards may run into opposition from transport lobby, consumer […]

Developing world must be able to lift emissions: Nobel winner

NEW DELHI, Dec 8, 2007 (AFP) – Developing nations must be allowed to boost carbon emissions to lift millions out of poverty, says the head of the Nobel prize-winning climate change panel slated to formally get the award on Monday.“If you have the case of India, a half a billion people who do not even […]

Streaker halts play in England-Sri Lanka Test

Dec 9, 2007 (AFP) – A male streaker ran on the field on the opening day of the second cricket Test between England and Sri Lanka on Sunday, forcing play to be halted for three minutes.The unidentified man, part of the nearly 3,000-strong band of travelling England supporters, sprinted from the stand next to the […]

England fume over umpiring errors in second Test

Dec 9, 2007 (AFP) – England captain Michael Vaughan was furious with the umpires after Sri Lanka grabbed four wickets in the final session to scuttle his team’s confident start in the second Test here on Sunday.Fast bowler Lasith Malinga took two wickets off successive balls as England, electing to take first strike in good […]

Tamils in Sri Lankan capital pay price of Tiger bombs

Dec 9, 2007 (AFP) – Minority Tamils in Sri Lanka’s capital are running a gauntlet of arrest and intimidation as fighting escalates between government troops and Tiger rebels, community members and rights groups say. Harassed at security checkpoints and arbitrarily arrested from their homes and workplaces, Colombo’s Tamil’s are being subjected to what human rights […]

Best Behaviour

Dec 08, 2007 (LBO) – Sri Lanka’s corporate sector has launched an initiative to encourage employers to adopt a code of conduct to combat sexual harassment in the workplace about which complaints are on the rise. Guidelines formulated by the Ceylon Chamber of Commerce (CCC) and the Employers’ Federation of Ceylon (EFC) aim to promote […]

Clemency

RIYADH, Dec 8, 2007 (AFP) – An appeal hearing was set to take place on Saturday in the case of a Sri Lankan housemaid condemned to death in Saudi Arabia, the Arab News reported.A three-judge panel will hear the appeal of Rizana Nafeek, who was convicted of strangling to death her employer’s four-month old baby […]

‘s tape destruction

WASHINGTON, Dec 8, 2007 (AFP) – The White House faced another clash with Congress Saturday after furious Democratic lawmakers demanded a probe into the CIA’s destruction of tapes showing harsh interrogations of captured Al-Qaeda operatives.The Central Intelligence Agency’s admission that it destroyed tapes of at least two interrogations in 2005, at a time when Congress […]

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