Category: World
Constitutional Crisis – Samantha Power says targeted sanctions should be on the table
November 10, 2018 (LBO) – Former United States Ambassador to the United Nations and human rights expert Samantha Power has taken an aggressive stance with regards to Sri Lanka’s constitutional crisis. Making several tweets on this issue, Samantha Power has advocated for targeted sanctions on Sri Lanka if constitutional democracy is not upheld. After the […]
US President Donald Trump sacks Attorney General
Nov 08, 2018 (LBO) – US President Donald Trump has sacked his Attorney General Jeff Sessions, a day after the Republicans lost control of the lower house of Congress in the 2018 midterm elections.The move came after the President repeatedly criticized his Attorney General for not taking a tougher approach to illegal immigrants, and accused […]
CA Sri Lanka renews agreement with CPA Australia
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) renewed the Mutual Recognition Agreement (MRA) with CPA Australia recently, in an effort to enhance the standing of the members of both accounting bodies. The agreement was signed by CA Sri Lanka President Mr. Jagath Perera and CPA Australia President Mr. Peter Wilson in […]
Democrats retake House, Republicans retain Senate in US midterm elections
Nov 07, 2018 (LBO) – Democrats will seize the control of the lower house of Congress in midterm elections while Trump’s Republicans will retain control of the Senate, projections of the leading television networks of the United States showed. Taking control of the lower chamber of Congress for the first time in eight years will […]
US, Japan, France, Afghanistan new Ambassadors present credentials to President
Nov 01, 2018 (LBO) – New Ambassadors of the United States, Japan, France, and Afghanistan have presented credentials to President Maithripala Sirisena today at the President’s House, Colombo.Foreign Ministry said the United States with the concurrence of the Government of Sri Lanka, has appointed Alaina Teplitz as the Ambassador of the US to Sri Lanka […]
United States calls on President of Sri Lanka to immediately reconvene Parliament
October 29, 2018 (LBO) –
Opinion: Khashoggi Killing – Imagine if Sri Lanka had done it
October 16, 2018 (LBO) – Imagine a team of 15 highly trained Sri Lankan intelligence operatives board a private plane and embark on a journey to Istanbul, one of the greatest cities in the history of the world. This team of operatives includes those well versed in interrogation, torture, forensics, and someone who is an […]
Microsoft co-founder Paul Allen dead at 65, net worth of $ 20bn, never married, no children
October 16, 2018 (LBO) – One of the worlds richest people, Paul Allen has died of cancer at age 65. He leaves behind no wife or children, and is survived by one sibling Jody Allen (59). Allen left Microsoft in 1982, during his first battle with cancer.He was a flamboyant investor and philanthropist.He owned two […]
Developing economies of G-24 call for global action to contain risks
Oct 11, 2018 (LBO) – Concern over rising risks to emerging market economies were center stage this week as global Finance Ministers and Central Bank Governors gathered this week in Bali, Indonesia. Bali hosted both the biannual Ministerial Meeting of the Group of Twenty-Four (G-24) developing countries and the annual meetings of the International Monetary Fund […]
‘s UN Ambassador, speculation she will challenge him for the Presidency
October 9, 2018 (LBO) – United States Ambassador to the United Nations Nikki Haley has resigned according to media reports. Haley (46) is a high profile American political leader of Indian descent. Haley was the Governor of southern state South Carolina before she resigned to take up the position of US Ambassador to the UN. […]
IMF cuts global growth forecast to 3.7-pct for 2018, 2019
Oct 09, 2018 (LBO) – International Monetary Fund has reduced its outlook for global GDP growth by 0.2 percentage points to 3.7 percent for 2018 and 2019, according to the quarterly World Economic Outlook Report issued on Monday. Rising trade tensions and debt levels in economies has prompted the International Monetary Fund to cut its […]
‘s Minister for Asia Pacific in Sri Lanka
October 6, 2018 (LBO) – Mark Field, Minister of State for Asia and the Pacific, arrived in Sri Lanka yesterday for a visit that will include meetings with government and opposition figures, civil society and trade organisations.The Minister will hold discussions with government representatives including President Maithripala Sirisena and Minister of Foreign Affairs Tilak Marapana. […]