Tag: Finance

Apr. 12 (LBO) – An online poll of LBO readers has shown that inflationary expectations for 2005 are low.Low future expectations have imported implications for prices as well as interest rates. High inflationary expectations makes people behave in ways that force inflation up, such as demanding higher wages, or raising prices of output in expectation […]

Apr. 12 (AFP) – A bomb ripped through a vegetable market in northeastern Sri Lanka on Wednesday, killing 13 people in the latest of a series of blasts which have cast a cloud over upcoming peace talks.At least 50 other people were injured in the port town of Trincomalee when a bomb fixed to a […]

Apr.12 (LBO) – Sri Lanka’s ceasefire monitors are due to meet with Tamil Tiger rebels on Thursday after four blasts since Monday have killed 34 people, dimming hopes that the next weeks talks in Geneva may not get off the ground. A bomb fixed to a bicycle exploded in Trincomalee market Wednesday killing 13 people […]

Apr.12 (LBO) – Sri Lanka’s balance of payments (BOP) has recorded a US$142 million surplus for the three months to March, the Central Bank said Wednesday as it maintained key interest rates for the fourth straight month. The balance of payments is a record of the island’s total payments to foreign countries, including the cost […]

Apr. 12 (AFP) – At least two policemen were killed and another two wounded when their truck was caught up in a landmine blast in northeastern Sri Lanka on Wednesday, officials said. The victims were on their way to the port town of Trincomalee to buy provisions for policemen stationed further north of the main […]

Apr.11 (AFP) – Three Britons were injured in Tuesday’s bomb attack in northeastern Sri Lanka in which 12 sailors were killed, police said. The two women and a man were flown to Colombo for treatment after their van was caught up in a mine attack that was intended for a navy bus, a police official […]

Apr.11 (AFP) – Suspected Tamil rebels blew up a bus full of sailors in northeastern Sri Lanka on Tuesday killing 12 and further dimming hopes for a new round of peace talks next week, officials said. The attack was seen by officials involved in the Norwegian-backed peace bid as a blow to diplomatic efforts to […]

Apr.10, 2006 (AFP) – At least four Sri Lankan soldiers and two civilians were killed in a landmine blast blamed on the Tamil Tigers in the northern Jaffna province Monday, defence officials said.Brigadier Prasad Samarasinghe, Sri Lanka’s military spokesman, said an army truck was caught in the “mine explosion killing four and seriously injuring two […]

Apr.10 (AFP) – Envoys from Sri Lanka’s international donors went Monday to meet Tamil Tiger rebels in a bid to keep peace talks due to be held in Switzerland from April 19 on track, officials said.The ambassadors of Norway, Japan and the European Union (EU) flew north to rebel political headquarters at Kilinochchi to see […]

OTTAWA, Apr. 10 (AFP) – Canada has added the Sri Lankan separatist Tamil Tigers to its list of terrorist organizations, Minister of Public Safety Stockwell Day announced Monday.The declaration made it possible for Ottawa to block fundraising in Canada for the Liberation Tigers of Tamil Eelam (LTTE), or Tamil Tigers, a group fighting for the […]

Apr.10 (LBO) – Sri Lanka Monday condemned the killing of five soldiers in Jaffna today while island’s key international lenders met Tamil Tiger rebels. Five army personnel and three others, including two aid workers, died in a claymore mine blast by suspected Tamil Tiger rebels in northern Jaffna on the A-9 highway between Kodikaamam and […]

MONTREAL, April 06(AFP) – Canada has added to its list of terrorist organizations the Tamil Tigers, a group fighting for the autonomy of northeastern Sri Lanka, the National Post reported Saturday, saying an official government announcement was expected Monday.The Liberation Tigers of Tamil Eelam (LTTE), or Tamil Tigers, would be the 39th organization deemed a […]