Category: World
Elon Musk rattles the markets with 2 hour long interview; Video embedded
September 9, 2018 (LBO) – Elon Musk sent shockwaves through the markets after his interview with infamous podcaster Joe Rogan.The interview sent Tesla shares crashing as pictures circulated of Musk drinking whiskey and taking a puff of a marijuana infused tobacco product.Tesla shares are set to bounce on Monday as the company released an email […]
”s ban remains in place
September 6, 2018 (LBO) – A five judge bench in India’s Supreme Court has struck down a colonial era ban of gay sex. There has been an explosive reaction to this landmark judgement on twitter, with some prominent politicians also chiming in: A summary of the legal situation in Sri Lanka is copied below from […]
Sri Lanka to receive BIMSTEC Chairmanship; President to lead Sri Lanka delegation
Aug 28, 2018 (LBO) – President Maithripala Sirisena will lead the Sri Lanka Delegation to the 4th Summit of the Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation (BIMSTEC), which will be held from 30-31 August 2018 in Kathmandu. Ministry of Foreign Affairs said at the conclusion of the Summit, the Chairmanship of BIMSTEC […]
Former US presidential candidate, Senator John McCain dies at 81
Aug 26, 2018 (LBO) – United States senator and former presidential candidate John McCain died Saturday after losing a battle to brain cancer, at the age of 81. In July 2017, McCain was diagnosed with glioblastoma, an aggressive form of brain cancer. One year of treatment failed to prevent his condition from worsening and on […]
Australian PM Malcolm Turnbull ousted, Scott Morrison to replace him
Aug 24, 2018 (LBO) – Former treasurer Scott Morrison is to become Australia’s sixth Prime Minister in 11 years, prolonging an era of extraordinary political instability. Morrison, a socially conservative architect of Australia’s hardline anti-asylum seeker policies and an ally of deposed leader Turnbull, elected as the new PM after winning a three-way battle for […]
Moody’s expects Brent spot price to average around USD72 per barrel in 2018
Aug 23, 2018 (LBO) – Moody’s Investors Service expects crude oil price to remain elevated in the near term but to moderate over the medium term. Releasing the Global Macro Outlook for 2018-19 August update, Moody’s Investors Service said they expect that the Brent spot price will average around 72 US dollars per barrel in […]
Vienna ranks as most liveable city in 2018 displacing Melbourne
Aug 14, 2018 (LBO) – For the first time in the survey history of Economist Intelligence Unit, Austria’s capital, Vienna, has been ranked as the most liveable city out of 140 cities in the world. A long-running contender to the title, Vienna has succeeded in displacing Melbourne from the top spot, ending a record seven […]
Reports about textile imports from North Korea are erroneous: Foreign Ministry
Aug 08, 2018 (LBO) – Sri Lanka’s Foreign Ministry on Wednesday said news reports regarding textile imports from the North Korea to Sri Lanka during the period October 2017 and March 2018 are erroneous.The ministry said in keeping with Sri Lanka’s international obligations as a member of the United Nations, the Government of Sri Lanka […]
Ranatunga, de Silva deny match-fixing charges
Jul 31, 2018 (LBO) – Sri Lanka’s World Cup winning captain Arjuna Ranatunga and deputy Aravinda de Silva denied allegations made by former Cricket chief Thilanga Sumathipala that they accepted bribes from an Indian bookmaker. “Not 15,000 dollars, but we could have made 15 million dollars if we threw the world cup,” the 1996 World […]
Sri Lanka ranks first out of 76 countries in early initiation of breastfeeding: UNICEF
July 31, 2018 (LBO) – Sri Lanka has been ranked number one out of 76 countries in the UNICEF’s latest ranking of early initiation of breastfeeding. The report titled ‘Capture the Moment’ released today shows that 90.3 percent of Sri Lanka’s newborn babies are subjected to early initiation of breastfeeding. According to the report, nearly […]
Commonwealth Secretary General to arrive in Sri Lanka tomorrow
July 31, 2018 (LBO) – Commonwealth Secretary-General Patricia Scotland QC will arrive in Sri Lanka on Wednesday, for a four-day official visit, the Foreign Ministry said. This will be her first visit to the country since she assumed the Office of Secretary-General in April 2016. On 01 August, the Secretary-General will call on Prime Minister Ranil […]
Facebook stock down 24-pct on slow growth forecast
Jul 26, 2018 (LBO) – Facebook Inc’s stock was down by nearly 24 percent, Wednesday following concerns voiced over the last few months on social websites privacy issues, a foreign media reports said. . “There would be a rise in costs because in cost on efforts to address concerns about poor handling of users’ privacy and […]