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RSF calls for retrial of Maldivian journalist jailed for life
Apr.20 (LBO) – The conviction on 19 April of Minivan journalist Abdullah Saeed and his sentence to life imprisonment was engineered by the authorities in order to harm the country’s only opposition newspaper, Reporters Without Borders said Thursday. The international advocacy group for media freedom, called for a new trial by an impartial court and […]
Heavy Cross
MADRID, Apr. 20 (AFP) – Consumers should carry the burden of higher oil prices, International Monetary Fund (IMF) chief Rodrigo Rato said in an interview published Thursday by the Spanish daily El Pais. Rato said it would be necessary to “pass on new energy prices to consumers”, and added: “There is a very clear message, […]
High Octane
LONDON, April 20, 2006 (AFP) – World oil prices reached new historic peaks on Thursday, above 74.0 dollars in London and 72.0 dollars in New York, owing to mounting tensions over Iran’s nuclear programme and fears of gasoline shortages in the United States. In London, the price of Brent North Sea crude for June delivery […]
Tigers put off truce talks amid fresh violence
Apr. 20 (AFP) – Tamil Tiger rebels announced Thursday that they were indefinitely postponing peace talks aimed at saving a truce with Colombo as four more people were killed in fresh violence in Sri Lanka.– Amal Jayasinghe The Liberation Tigers of Tamil Eelam (LTTE) told Norwegian peace envoy Jon Hanssen-Bauer that talks scheduled for April […]
Four more killed in Sri Lanka violence
Apr. 20 (AFP) – At least four people were killed in Sri Lanka on Thursday as a Norwegian peace envoy headed for talks with Tamil Tiger rebels on saving the island’s ceasefire, officials said.Suspected Tamil Tiger rebels shot dead a rival activist in the eastern town of Batticaloa on Thursday and fought a gun battle […]
Sri Lanka’s Central Bank reports highest ever cash outlay last week
Apr.19 (LBO) – Sri Lanka’s Central Bank issued 165 billion rupees in cash, the highest ever so far, to meet last week’s New Year shopping spree, an official said Wednesday.“There was high demand for currency due to the holiday season and the recently concluded election,” the bank’s Senior Deputy Governor W A Wijewardene said. The […]
‘s Central Bank reports highest ever cash outlay last week
Apr.19 (LBO) – Sri Lanka’s Central Bank issued 165 billion rupees in cash, the highest ever so far, to meet last week’s New Year shopping spree, an official said Wednesday.“There was high demand for currency due to the holiday season and the recently concluded election,” the bank’s Senior Deputy Governor W A Wijewardene said. The […]
Treasury yields creep up
Apr.19 (LBO) — Sri Lanka’s Central Bank sold 8,395 million rupees in treasury bills Wednesday at slightly higher yields above the previous week’s, the bank said.Today’s auction, offering t-bills worth 10,758 million rupees, was oversubscribed with bids amounting to 17,940 million rupees. The Central Bank bought 1.5 billion rupees worth of bills and retired 863 […]
New Platforms
Apr.19 (LBO) – Sri Lankan based software firm specializing in securities trading platforms says regulatory changes in the United States and Europe, is expanding the markets for their products. MillenniumIT which started with equities trading software, now offers fixed income securities trading with latest versions catering to commodity trading and futures contracts. In addition to […]
Oil For Poor
TEHRAN, Iran, Apr.19 (AFP) – Iran’s President Mahmoud Ahmadinejad has called on oil producers, in particular fellow OPEC members, to sell a part of their crude production to poor countries at “better prices”, the ISNA news agency reported Wednesday.“Oil producing countries, in particular OPEC members, could determine quotas for poor consumers with better prices,” the […]
More bloodshed as Norway pushes for Sri Lanka peace
Apr. 19 (AFP) – Another 10 deaths were reported Wednesday in Sri Lanka’s embattled north and east as Norway’s new peace envoy launched a fresh attempt to salvage the island’s collapsing ceasefire.Two Claymore mine attacks also rocked the troubled regions Wednesday, wounding at least five people including a Korean businessman and two of his Sri […]
Ten killed in Sri Lanka, foreigner among injured
Apr. 19 (AFP) – Ten more people have been killed in Sri Lanka, police and Tamil Tiger rebels said Wednesday, as two Claymore mine blasts wounded four people.A foreign national, believed to be a Southeast Asian, was among those wounded Wednesday, police said adding that his vehicle was hit by a Claymore mine in the […]