Category: World
University of Technology Sydney launches UTS Insearch Sri Lanka
July 05, 2019 (LBO) – Sri Lanka’s Premier Ranil Wickremesinghe yesterday officially launched Colombo’s newest international higher education college, ‘UTS Insearch Sri Lanka’. The launch will see University of Technology Sydney (UTS) bring its latest developments in higher education learning from Sydney to support the skills and knowledge Sri Lankan students need for international study […]
Lagarde relinquishes IMF duties temporarily; nominated to head European Central Bank
July 03, 2019 (LBO) – Managing Director of the International Monetary Fund (IMF) Christine Lagarde has decided to relinquish her IMF responsibilities temporarily as she has been nominated as the next President of the European Central Bank. The Executive Board of the IMF issued the following statement today following her nomination to the presidency of […]
IMF at G20: Lagarde calls for stronger international cooperation
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Leaders’ Summit in Osaka, Japan: “I would like to congratulate Prime Minister Shinzo Abe, Deputy Prime Minister Taro Aso, and Bank of Japan Governor Haruhiko Kuroda for their chairmanship of this […]
Sri Lanka updates HRC on measures taken to advance human rights, peace and security
Jun 26, 2019 (LBO) – The Sri Lanka delegation to the Human Rights Council briefed the Council on progress made in addressing human rights concerns, national security imperatives, as well as reconciliation priorities. Sri Lanka’s intervention under agenda item 2 of the council, followed the oral update provided by the UN High Commissioner for Human […]
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Jun 19, 2019 (LBO) – US President Donald Trump formally launched his 2020 reelection campaign Tuesday in Florida vowing to maintain his ‘America First’ policy. He railed against illegal immigration and promised mass deportations and pledged to negotiate a winning trade deal with China, or walk away altogether. “We just completed the deal with South […]
Only Conservatives can deliver Brexit – Nirj Deva MEP
May 22, 2019 (LBO) – The people of the United Kingdom will go to the polls on Thursday May 23rd to vote for who will be their representatives in the European Parliament. Sri Lankan born British member of the EU Parliament, Nirj Deva MEP, released the following message on the eve of the election where […]
US-China trade tensions: Fitch says further tariff escalation would hamper global growth
May 13, 2019 (LBO) – The US decision to increase tariffs to 25 percent on an additional 200 billion dollars of imports from China marks a significant escalation in US-China trade tensions, and highlights the risk of a protracted trade war beyond our current assumptions, the Fitch Ratings said. The rating agency, however, said the […]
‘s pay tops $ 18mn
May 12, 2019 (LBO) – Shemara Wikramanayake, CEO of global investment bank Macquarie, earned over $18mn in the last fiscal year. Her total annual renumeration makes her one of the highest paid executives in Australia. The disclosure of her compensation came out as the company she leads reported earnings of $3bn for the year. https://www.afr.com/business/banking-and-finance/the-eight-macquarie-bosses-paid-more-than-27-000-a-day-20190503-p51jue […]
Five key policy lessons from the terror attacks in Sri Lanka
By: Ganeshan Wignaraja Over 250 people died in last month’s IS-linked Easter bombings in Sri Lanka, making it one of the worst terror attacks since 9/11. Major incidents such as this cause extreme disruption in fragile countries like Sri Lanka, which is already grappling with the legacies of a thirty-year civil conflict, a simmering debt crisis, […]
Nirj Deva seeking a 5th term in the European Parliament
May 11, 2019 (LBO) – Niranjan Deva Aditya, more commonly known as the Hon. Nirj Deva, is seeking a fifth term in the European Parliament elections scheduled for May 23rd. The British elected European Parliamentarian of Sri Lankan descent is one of the longest serving European Parliamentarians.He has served in the legislative body for 20 […]
UN Under-Secretary General meets PM; pledges support
May 02, 2019 (LBO) – The Under-Secretary General of the United Nations Miguel Angel Moratinos visited Sri Lanka and paid a courtesy call on the Prime Minister, expressing his condolences with regard to the Easter Sunday Attack, and pledging their support to the Government of Sri Lanka. He stated that the entire international community is […]
We are Safe – Easter Sunday 2019 in Sri Lanka
April 22, 2019 (LBO) – My family and I are safe. This is the refrain that my household repeatedly speaks, texts, and emails to concerned friends and relatives who are inquiring about our welfare during possibly the most deadly terrorist attack that has struck the place I now call home. The attacks hit close to […]