Category:
Sea Tigers: Sri Lanka’s deadly foes
May 12, 2006 (AFP) – Sri Lanka’s truce prevents Tiger rebels from venturing out to sea, but “Sea Tiger” sailors are openly defying the ban and testing the resolve of the government and Nordic peace monitors, officials say.The Liberation Tigers of Tamil Eelam (LTTE) sparked a fresh row over their right to operate their deadly […]
‘s inflation rate crosses 1,000-percent threshold
HARARE, May 12, 2006 (AFP) – Zimbabwe said on Friday its inflation rate had crossed the landmark 1,000-percent threshold, arguably the highest in the world, with economists expressing pessimism about any major improvement soon. The Central Statistical Office said the year-on-year inflation rate in April was 1,042.9 percent, up 129.3 percentage points from March, in […]
Moody guarded over Jayasuriya return
LONDON, May 12, 2006 (AFP) – Sri Lanka coach Tom Moody gave a cautious welcome to the prospect of veteran opener Sanath Jayasuriya coming out of Test retirement to join the squad ahead of this month’s second Test against England. soon as possible,” Sri Lanka’s chief selector Asantha de Mel said in Colombo on Thursday. […]
The Sri Lankan state: Failed, failing or maligned?
May 12, 2006 (LBO) – The May/June 2006 issue of the international affairs monthly, Foreign Policy, carries an article entitled “The Failed States Index” (http://www.foreignpolicy.com/story/cms.php?story_id=3420). It made the news in several countries and even prompted a senior US trade official to refute the classification of Pakistan as the most endangered South Asian state on the […]
Tigers slams monitors after sea battle, Sri Lanka looks for bodies
May 12, 2006 (AFP) – Tamil Tiger Friday rejected a ceasefire ruling against them and demanded “sovereign rights” as Sri Lanka’s military hunted for the bodies of 18 people killed in a major sea battle.The rebel Liberation Tigers of Tamil Eelam (LTTE) insisted they will operate naval and air wings and slammed Scandinavian ceasefire monitors […]
‘s deadly foes
May 12, 2006 (AFP) – Sri Lanka’s truce prevents Tiger rebels from venturing out to sea, but “Sea Tiger” sailors are openly defying the ban and testing the resolve of the government and Nordic peace monitors, officials say.The Liberation Tigers of Tamil Eelam (LTTE) sparked a fresh row over their right to operate their deadly […]
Sri Lanka bombs Tamil Tiger airfield to “deter further attacks”
May 12, 2006 (AFP) – Sri Lanka’s airforce bombed a rebel airfield in the island’s north to “deter further attacks” by the guerrillas after they sank a navy gunboat and killed 18 people, the government said Friday. The airforce carried out a “limited operation” to bomb the airfield of the Liberation Tigers of Tamil Eelam […]
Sri Lanka’s Jayasuriya heads for England
May 11, 2006 (AFP) – Veteran batsman Sanath Jayasuriya will join his Sri Lanka team-mates in England later this week after reversing his decision to quit, chief selector Asantha de Mel said on Thursday. The left-hander, 36, will arrive in England well ahead of the second Test in Edgbaston from May 25 and stay for […]
Sri Lanka launches coin series to commemorate Buddhist anniversary
May 11, 2006 (LBO) – Sri Lanka Thursday launched a series of commemorative coins to celebrate the 2550 anniversary of the Buddha, the Central Bank said.The coin series comprising 2,000 rupees, 1,500 rupees and 5-rupees, were issued at the request of the Religious Affairs ministry, the bank said. The 2,000 rupee gold plated silver coin […]
Road Runner
May 11 (LBO) – Sri Lanka is to begin work on the Colombo-Katunayake toll road this month tying up a construction deal with China Metallurgical Construction Group.Cabinet approval for the project came through on Wednesday, Jeyraj Fernandopulle, Minister of Highways told a Cabinet press briefing on Thursday. The tentative kick-off date for the building the […]
Reliance Petroleum creates waves on Indian stock exchange debut
MUMBAI, May 11, 2006 (AFP) – Reliance Petroleum shares jumped almost 70 percent on listing Thursday as investors rushed to buy a piece of the company operating what will be the world’s largest refinery complex, dealers said.Reliance Petroleum, a unit of India’s largest private company, Reliance Industries, opened at 101.95 rupees (2.66 dollars), compared to […]
World Bank finds explosive rise in carbon trading
WASHINGTON, May 10, 2006 (AFP) – The global market for carbon dioxide (CO2) emissions — an innovative offshoot of the Kyoto pact on global warming — has shown explosive growth, the World Bank said Wednesday.But in a new report, the World Bank also noted that recent events in the European Union’s Emissions Trading System (ETS) […]