Category: World
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. […]
Vice President of OPIC visits Sri Lanka; aims to counter debt-trap investments
Oct 05, 2018 (LBO) – Executive Vice President of OPIC, David Bohigian and other US government officials visited Sri Lanka from October 3 to 5 with the aim to promote US investment in the region and strengthened cooperation with regional allies to drive economic growth and stability.Overseas Private Investment Corporation (OPIC) is the US government’s development finance institution.The […]
US BUILD act passes House; aims to counter China’s debt-trap diplomacy
Sept 27, 2018 (LBO) – United States House of Representatives have approved the inclusion of the Better Utilization of Investments Leading to Development (BUILD) Act in the FAA Reauthorization Act of 2018.The House yesterday passed the Act by a vote of 398-23 and the legislation now heads to the Senate for consideration. BUILD Act is […]
President to address UN General Assembly today
Sept 25, 2018 (LBO) – President Maithripala Sirisena arrived in New York to attend the 73rd Session of the United Nations General Assembly (UNGA), Sunday. Ministers Rajitha Senaratne, Champika Ranawaka and Mano Ganeshan accompanied the President. Foreign Minister Tilak Marapana arrived in New York yesterday. President Sirisena is scheduled to address the UNGA on September […]
”’: Report
Sept 10, 2018 (LBO) – Palo Alto-based venture capital firm Social Capital is “imploding,” according to a report in Axios by the venture capital reporter Dan Primack. The firm raised more than 1 billion US dollars and has invested in unicorn startups like Slack, SureyMonkey and now-public Box. The report, however, says partners are deeply […]
Jack Ma releases letter on retirement/transition from Alibaba
September 10, 2018 (LBO) – Alibaba Executive Chairman Jack Ma released a letter to shareholders announcing his planed transition, and eventual exit from the company. He will retire as Chairman in 2019, and from the Board entirely in 2020. Jack Ma is a global icon and China’s richest person. He has said he intends to […]