US–China trade war escalates as China imposes tariffs on US goods

Apr 02, 2018 (LBO) – China has suspended tariff concessions on 128 items of U.S. products including pork and fruits starting Monday, Country’s Finance Ministry said. China’s Finance Ministry said in a statement that the measure was taken in order to safeguard China’s interests and balance the losses caused by the United States. “China’s advocacy […]

Singapore remains world’s most expensive city in 2018

Mar 15, 2018 (LBO) – The results of this year’s Worldwide Cost of Living survey reveal that Singapore is the most expensive city in the world for the fifth consecutive year.The survey sees Asian hubs like Hong Kong and Sydney compete with European cities such as Paris, Zurich and Oslo at the top of the […]

The Shape of Water, wins big at 2018 Oscars

Mar 05, 2018 (LBO) – The 90th Academy Awards or the 2018 Oscars came to a close with “The Shape of Water” producers Guillermo del Toro and J. Miles Dale graciously accepting the best picture title. Guillermo del Toro also took home the Oscar for best directing.  The shape of water also secured two other […]

Elon Musk starts SpaceX mission to provide broadband from satellites

Feb 23, 2018 (LBO) – SpaceX made history yet again with the successful deployment of first two Starlink global internet demo satellites to orbit, opening a new generation of satellite technologies that will provide broadband services.Starlink is a satellite constellation development project underway by SpaceX. On Thursday, Falcon 9 launched the two demo satellites called […]

Spice Traders welcome ban on re-export of pepper from Sri Lanka

Jan 29, 2018 (LBO) – Spices & Allied Products Producers’ & Traders’ Association said they are happy to learn that President Sirisena has directed the re-export of Pepper from Sri Lanka would be banned from February 10th 2018. Addressing a public rally yesterday, the President said steps will be taken to completely stop the re-export […]

Oscars 2018: The list of nominees in full

Jan 24, 2018 (LBO) – The nominations for the 90th Academy Awards was announced in Los Angeles, Tuesday with “The Shape of Water” leading list. Guillermo del Toro’s fantasy romance (The Shape of Water) received 13 nominations and World War Two drama Dunkirk lays claim for  eight nominations. Meanwhile, Rachel Morrison has made Oscar history […]

World Health Day 2018 to be celebrated in Sri Lanka

Dr. Tedros Adhanom Ghebreyesus, the Director General (DG) of the World Health Organization (WHO) announced today in Geneva during the 142nd Session of the Executive Board of the WHO that the World Health Day 2018 will be celebrated in Sri Lanka. This year’s theme will be the Universal Health Coverage (UHC). The DG congratulating Sri […]

Joint Press Release following the 21st meeting of the European Union-Sri Lanka Joint Commission The 21st meeting of the European Union-Sri Lanka Joint Commission took place in Colombo on 18 January 2018. The European Union-Sri Lanka Joint Commission oversees the 1995 EU-Sri Lanka Cooperation Agreement on Partnership and Development. Its tasks include ensuring the implementation […]

French President Macron outlines ambitious five-year plan

July 05, 2017 (LBO) – France’s President Emmanuel Macron, in a rare joint session of the French Parliament at Versailles, outlined his five-year plan for the European nation Monday, touching on the public’s thirst for change and humane treatment of refugees. Macron stunned traditional parties on both the right and the left, running under the […]

Opinion: Despite Trump-Modi bonhomie, Indo-US economic relations in doldrums

By P.K.Balachandran Despite words signifying undying friendship and bear hugs, which marked President Donald Trump’s interaction with Indian Prime Minister Narendra Modi in Washington on Monday, economic relations between the United States and India seem destined to remain in the doldrums indefinitely. While there was a strong understanding on cooperation to tackle terrorism and on […]

Facebook, Microsoft, Twitter, YouTube in forum to counter terrorism

June 27, 2017 (LBO) – Facebook, Microsoft, Twitter and YouTube announced Monday the formation of a ‘Global Internet Forum to Counter Terrorism.’ The companies in a joint statement said the forum “will help us continue to make our hosted consumer services hostile to terrorists and violent extremists.” The forum builds on the EU Internet Forum […]

Saudi Arabia, Bahrain, UAE, Egypt cut diplomatic ties with Qatar

June 05, 2017 (LBO) – Saudi Arabia broke diplomatic relations and all land sea and air contacts with fellow Gulf Arab state Qatar on Monday, saying the move was necessary to protect the kingdom from what it described as terrorism and extremism. The United Arab Emirates (UAE), Bahrain and Egypt also cut ties with Qatar […]

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