Category: World
World leaders condemn Easter Sunday blasts in Sri Lanka
Apr 21, 2019 (LBO) – World leaders have offered their condolences to the victims and families of the deadly blasts in Sri Lanka that killed more than 200 people on Sunday.The United Nations in Sri Lanka said they strongly condemn the attacks against civilians carried out in places of worship and city hotels on Easter […]
Finance Minister meets UN Secretary General Antonio Guterres in New York
Apr 18, 2019 (LBO) – Finance Minister Mangala Samaraweera who is in New York to represent Sri Lanka at the Financing for Development Forum of the UN Economic and Social Council called on the Secretary-General of the United Nations António Guterres on 16 April. At the meeting, the Secretary-General recalled his visits to Sri Lanka […]
‘s climate resilient agriculture & infrastructure services
Apr 12, 2019 (LBO) – Sri Lanka and the World Bank has signed two new agreements worth 150 million US dollars to improve climate resilience and agriculture productivity for small farmers and support priority infrastructure through public-private partnerships. Hartwig Schafer, World Bank Vice President for the South Asia Region and Dr. R.H.S.Samaratunga, Secretary, Ministry of Finance […]
EU leaders agree to delay Brexit deadline until October 31
Apr 11, 2019 (LBO) –The European Union has agreed to delay the United Kingdom’s departure from the EU, known as Brexit, until October 31, saving the continent from what could have been a chaotic no-deal departure at the end of the week. British Prime Minister Theresa May said she would now keep working to get her […]
IMF cuts global growth forecast further to 3.3-pct in 2019
Apr 10, 2019 (LBO) – Reflecting the slowdown in production activity in the latter half of 2018 and the first half of 2019, global growth is set to moderate from 3.6 percent in 2018 to 3.3 percent in 2019, and then to return to 3.6 percent in 2020, the IMF said releasing its World Economic […]
‘s growth prospects: ADB
Apr 03, 2019 (LBO) – Growth remains strong across most of developing Asia but is set to moderate this year and next year against the backdrop of slowing global demand and persistent trade tensions, according to a new Asian Development Bank (ADB) report. The latest Asian Development Outlook (ADO) 2019, ADB’s flagship economic publication, forecasts that […]
Green Book wins Oscars for best picture, Rami Malek & Olivia Colman tops in acting
Feb 25, 2019 (LBO) – Green Book, a film about a black musician and his white chauffeur driving in the segregated South, won the best picture at the 91st Academy Awards on Sunday.Green Book wins Oscars for best picture, best original screenplay, and best supporting actor while other nominees for best picture included Black Panther, […]
Korean embassy requests employees worked in Korea to apply for insurance
Feb 01, 2019 (LBO) – South Korean embassy in Colombo is requesting Sri Lankan workers who employed and departed from Korea to apply for the insurance benefit under unclaimed and dormant insurance. Once migrant worker departs from Korea, they are eligible for the application of the unclaimed insurance such as return cost insurance (air ticket […]
British PM Theresa May survives no-confidence vote; Brexit talks to go ahead
Jan 17, 2019 (LBO) – British Prime Minister Theresa May survived a no-confidence vote on Wednesday, a day after Parliament voted against the Brexit deal she negotiated with the European Union. After narrowly escaping a defeat with 325-306 margin, the Prime Minister invited all opposition leaders for Brexit talks and said it is now time […]
Theresa May to face no confidence vote after parliament voted against Brexit deal
Jan 16, 2019 (LBO) – British Prime Minister Theresa May will face a no-confidence vote after her Brexit deal suffered a heavy defeat in parliament yesterday. After parliament voted 432-202 against the deal marking the worst defeat in modern British history, opposition Labour Party leader Jeremy Corbyn called a vote of no confidence in the […]
Happy New Year 2019: New Year celebrations around the World
Jan 01, 2019 (LBO) – Major cities around the world kick-started the New Year 2019 with fireworks displays and dazzling performances and shows. Dubai, UAE rang in 2019 with a blinding light and fireworks show that illuminated the world’s tallest building, the Burj Khalifa, and also set a Guinness World Record for largest LED illuminated […]
Sri Lanka pledges USD 15,000 to UNHCR in response to 2019 Global Appeal
Dec 13, 2018 (LBO) – Sri Lanka has pledged a contribution of 15,000 US dollars to the UNHCR’s 2019 programmes in earnest expectation that the UN Refugee Agency would be ‘empowered’ to deliver more strengthened assistance and protection as part of its mandate.At the 2019 Global Appeal of the United Nations High Commissioner for Refugees (UNHCR) […]