Australian republicans eye break with British monarchy

SYDNEY, Nov 26, 2007 (AFP) – Australian republicans Monday said prime minister John Howard’s removal from office opened the way for a bipartisan push for the country to break its ties with Britain’s Queen Elizabeth II.When the referendum failed to get the votes required to pass, Malcolm Turnbull, who was then chairman of the Australian […]

Sacred Aztec drink losing out to beer in Mexico

MEXICO CITY, Nov 25, 2007 (AFP) – It was a sacred liquid to the Aztecs and consumed for centuries in Mexico, but the traditional pulque drink seems to be fading in popularity despite its historic roots.“At first, I didn’t like the texture,” said 21-year-old Saria Fuentes, “then I got used to the taste and now, […]

Germans getting jittery as euro continues to climb

FRANKFURT, Nov 25, 2007 (AFP) – Until recently, Germany has maintained an air of serenity as the euro spiked higher against other major currencies, even though exports are the motor of growth for the eurozone’s biggest economy. That has begun to change however, as seen in particular through comments by Chancellor Angela Merkel, who told […]

‘s new leader set to win over big business

SYDNEY, Nov 25, 2007 (AFP) – By revamping itself behind a fiscal conservative, Australia’s Labor Party has overcome big business fears that its election victory could set back the country’s economic boom, analysts say.Australian Industry Group chief executive Heather Ridout said Labor leader Kevin Rudd brought energy, a sense of social justice and an understanding […]

Bangladesh Grameen borrowers face debt mountain after cyclone

AMTOLA VILLAGE, Bangladesh, Nov 24, 2007 (AFP) – Nearly 20 years ago when small loans from the Nobel peace prize winning Grameen bank first became available in her village, Bilkis Begum wasted no time in signing up.“The Grameen Bank has made profits from the interest we pay.We have also benefited, (but) I am telling the […]

Rudd sweeps to power in Australian landslide

SYDNEY, Nov 25, 2007 (AFP) – Centre-left leader Kevin Rudd stormed to victory in Australia’s election Saturday, ending conservative Prime Minister John Howard’s 11-year rule with pledges to change course on climate change and the Iraq war.Howard, US President George W. Bush’s closest ally in the Iraq war, conceded defeat in Sydney and admitted it […]

India, Malaysia to start FTA talks next year: report

KUALA LUMPUR, Nov 24, 2007 (AFP) – Malaysia and India will begin negotiating a free trade agreement in January 2008, a report said Saturday. Rafidah Aziz, Malaysia’s trade minister was quoted as saying a bilateral trade pact could boost Malaysia’s exports to India by 1.3 times, or 12 billion dollars, by 2012. The talks would […]

Sri Lankan spice trade seeks to entice corporate sector

Nov 23, 2007 (LBO) – Sri Lankan spice producers are urging the government to get big corporate plantations companies to grow more spice crops to meet growing global demand. “There is a need to grow more spices for export to the global markets,” the Spices and Allied Products Producers and Traders’ Association (SAPPTA) said in […]

Commonwealth suspends Pakistan for emergency rule

KAMPALA, Nov 22, 2007 (AFP) – A Commonwealth ministerial committee Thursday decided to suspend Pakistan from the 53-nation bloc pending the return of the rule of law following the imposition of emergency earlier this month. The CMAG comprises Britain, Canada, Lesotho, Malaysia, Malta, Papua New Guinea, St Lucia, Sri Lanka and Tanzania. A Commonwealth heads […]

Seabed project reveals earthquake, tsunami clues: scientists

TOKYO, Nov 23, 2007 (AFP) – An ambitious international project to dig deeper into the Earth’s surface than ever before has made a good start with scientists saying they have gained clues about how large earthquakes and tsunami occur. The deep-sea drilling project is a part of the 21-nation Integrated Ocean Drilling Program, which is […]

Tele Saga

Nov 22, 2007 (LBO) – The hearing of the case against the sale of Sri Lanka Telecom shares by its Japanese shareholder to Malaysia’s UT group has been put off till February 25, court officials and laywers said. The Supreme Court halted the sale of shares of the country’s largest fixed access operator to a […]

Domestic Violence

Nov 22, 2007 (LBO) – The residence of a rebel Sri Lanka lawmaker had been bombed by unidentified persons Thursday, but the attackers had fled after a security guard fired back, the parliamentarian said. Former Minister Sripathi Sooriyaarachchi told LBO only his wife and children were at his home in the Colombo suburb of Borella, […]

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