Tag: lbo
Well Well
SINGAPORE, June 3, 2008 (AFP) – Oil prices eased in Asian trade Tuesday on continuing concerns over global energy demand, dealers said.“On the supply side, we are urging all oil producing countries to open oil markets to foreign investment, which would support faster and more efficient growth,” he said in a speech in the oil-rich […]
State Fat
June 01, 2008 (LBO) – Sri Lanka needs to market price energy and consumers are now not only paying for the rise in international prices, but also for the high expenditure involved in operating the public sector, a think tank has said. Referring to official statements that the fuel import bill this year may be […]
Sri Lanka needs better peace proposals: minister
May 31, 2008 (LBO) – Sri Lanka needs peace proposals acceptable to the main political parties and the Tamil speaking community to put pressure on the Tamil Tigers to resume peace talks, a senior government minister has said. The proposals would also assure Tamils that their aspirations and grievances will be addressed by any future […]
Canada-based Sri Lanka Tiger suspect gets student award
OTTAWA, May 30, 2008 (AFP) – A Canadian suspected of using his studies as a cover for terrorist activities was awarded a 5,000 dollar prize for his entrepreneurial talent by a Canadian university, The Globe and Mail reported Friday.Suresh Sriskandarajah, 26, was arrested in August 2006 in Ontario at the request of US authorities who […]
” by soldiers
May 31, 2008 (LBO) – Sri Lankan media groups have expressed grave concern over what they said was an ‘unofficial’ visit to the Sri Lanka Press Institute (SLPI) by soldiers. The SLPI and media rights group Free Media Movement (FMM) said the visit appeared linked to recent threats and assault on journalists, coming soon after […]
Burst Bubble?
May 30, 2008 (LBO) – World oil prices held steady in Asian trade on Friday after sharp falls on concerns over falling demand in the United States and other developed countries, analysts said.New York’s main oil futures contract, light sweet crude for July delivery, was 17 cents lower at 126.45 dollars a barrel after losing […]
Latest Sri Lanka journalist killing outrageous: rights body
May 30, 2008 (LBO) – An international media rights body said it was outraged by the hacking to death of a Sri Lankan television journalist in the northern Jaffna peninsular along with a friend. “Caught in the crossfire between two armed forces, journalists in the Jaffna peninsula are constantly the targets of threats, kidnappings and […]
Sri Lankan media groups slam govt attempt to muzzle journalists
May 28, 2008 (LBO) – Sri Lankan journalists’ unions and media rights groups Wednesday condemned government attempts to prevent those in the state media from criticising the government. Five media groups in a letter to defence ministry secretary Gotabhaya Rajapaksa deplored comments by him and another senior government official that journalists working in the state […]
Journalist hacked to death in Sri Lanka: rights group
May 29, 2008 (AFP) – A Sri Lankan journalist working in the war-torn northern region and his friend have been hacked to death, a media rights group said Thursday.P. Devakumar, 36, a correspondent for the privately-run Sirasa television, was murdered on Wednesday, the influential Free Media Movement (FMM) said. Devakumar is the ninth media worker […]
Wobbly Bubble
May 28, 2008 (AFP) – Oil prices slipped back under 127 dollars on Wednesday, falling further from record highs amid concern about the strength of US energy demand while traders digested Indonesia’s exit from OPEC.“The global economy is facing the third great oil shock of recent decades,” Brown wrote in the The Guardian newspaper. “It […]
Sri Lanka business chamber condemns assault on media
May 28, 2008 (LBO) – Sri Lanka’s main business chamber Wednesday condemned recent attacks on journalists and called on the government to bring the culprits to book instead of merely promising investigations. “The Ceylon Chamber of Commerce condemns these crude attempts at violating press freedom and implores that democratic principles relating to responsible coverage by […]
Unilateral
May 27, 2008 (LBO) – Lanka IOC, the Sri Lanka unit of the Indian Oil Corporation is raising diesel prices by 20 rupees a litre from midnight Tuesday, the company said. Wheat prices peaked in February, gold in March and rice in April. Oil however is still buoyant hitting a new high of 135 dollars […]