Tag: lbo
Easing Up
SINGAPORE, April 21, 2006 (AFP) – Oil prices were lower in Asian trade Friday on profit-taking after recent sustained gains to record highs amid concerns over tight US gasoline (petrol) supplies and tensions over Iran’s nuclear ambitions, dealers said. At 11:15 am (0315 GMT), the June New York light sweet crude contract was at 72.96 […]
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 […]
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 […]
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 […]
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, […]
Norway envoy holds talks with Sri Lanka PM on saving truce
Apr.19 (AFP) – Norway’s new peace envoy to Sri Lanka has held talks with Prime Minister Ratnasiri Wickremanayake on moves to salvage the island’s tottering ceasefire, government officials said Wednesday.Jon Hanssen-Bauer advanced his meeting with the prime minister to Tuesday, shortly after arriving in the island amid an upsurge in violence which the Colombo government […]
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 […]
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 […]
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 […]
Gunbattle in Sri Lanka as Norway moves to save truce
Apr. 18 (AFP) – Troops found more Claymore mines in Sri Lanka Tuesday after suspected Tiger rebels attacked police and killed a constable amid moves by peace broker Norway to save a shaky truce, police said.Two bombs were found Tuesday in the northeastern Trincomalee district and defused by security forces, they said. Suspected Tamil Tiger […]
” by Sri Lankan parties
OSLO, Apr.18 (AFP) – The main mediator in the Sri Lankan conflict, Erik Solheim of Norway, said Tuesday he was frustrated by the government’s and Tamil rebels’ lack of flexibility, which he said was endangering talks aimed at saving a shaky truce.“I have to admit that we’ve become a bit frustrated these past few days […]
Sri Lanka offers compromise to save peace bid
Apr.18 (AFP) – Sri Lanka Tuesday agreed to helicopter rides for Tiger rebels in a bid to clear the way for truce talks as peace broker Norway sent an envoy to stop the island sliding back to war.Colombo’s top official handling the peace process, Palitha Kohona, said they told Norway that the Liberation Tigers of […]