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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 […]
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 […]
Travel Subsidy
Jan 10, 2006 (LBO) – Sri Lanka government is planning to inject more subsidies into the loss making, heavily unionized state bus service, following violent protests by workers connected to a Marxist nationalist party, a senior government minister said. Transport Minister A H M Fowzie said he was in talks with the Treasury to get […]
Morning After
January 10, 2007 (LBO) – Sri Lanka’s state-run Bank of Ceylon plans to sell off shares owned in NDB and DFCC Bank this year, to top up a gap in its pension fund, a senior official said Wednesday. Sri Lanka’s largest bank in terms of assets, is carrying a two billion rupee gap in its […]
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 […]
‘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 […]
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 […]
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. […]
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 […]
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 […]
Instant Cash
January 09, 2007 (LBO) – Privately run Ceylinco Insurance, is offering on the spot cash facilities to settle customer claims, in an attempt to retain its lead as one of the biggest insurers in Sri Lanka, officials said Tuesday. “Claims relating to polices from motor vehicles, marine, health, homes, trade establishments, fire and miscellaneous insurance […]
Milk destroys health benefits of tea, says study
PARIS, Jan 9, 2007 (AFP) – Bad news for Britons: adding milk to tea ruins the health benefits of the drink, according to a Germany study published on Tuesday.Tea has complex compounds called polyphenols which are believed to help the arteries to relax or dilate, thus enabling a smoother flow of blood.Scientists led at the […]