Escaping fiscal dominance key to lowering inflation in India: RBI economist

Mar 26, 2006 (LBO) – Sri Lanka’s central bank has to gain independence from the treasury, if it is to bring down inflation and protect the poor, a top Indian economist said. . Until the balance of payments crisis in the early 90’s forced the Indian government to open the economy and undertake major reforms, […]

Sri Lanka welcomes peace moves as president wins support with defections

Jan. 25 (LBO) ? Sri Lanka Wednesday welcomed moves to restart peace talks with Tamil Tiger rebels next month as two opposition lawmakers defected to strengthen President Mahinda Rajapakse?s government. Jan. 25 (LBO) ? Sri Lanka Wednesday welcomed moves to restart peace talks with Tamil Tiger rebels next month as two opposition lawmakers defected to […]

Norway envoy in crucial talks with Tigers to save truce

KILINOCHCHI, Jan 25, 2006 (AFP) – Norway’s top peace envoy Wednesday began talks with Tamil rebels in northern Sri Lanka aimed at saving a troubled ceasefire amid rising violence, including bomb attacks in the capital.KILINOCHCHI, Jan 25, 2006 (AFP) – Norway’s top peace envoy Wednesday began talks with Tamil rebels in northern Sri Lanka aimed […]

Building Plan

Jan 24 (LBO) – A new set of housing guidelines published by the National Housing authority, tries to keep coastal dwellings standing should a tsunami strike again.Jan 24 (LBO) – A new set of housing guidelines published by the National Housing authority, tries to keep coastal dwellings standing should a tsunami strike again. The National […]

Tigers are top suspects in Sri Lanka bomb attacks: police sources

Jan 25 (AFP) – Sri Lanka’s Tamil Tiger rebels are key suspects in a string of bomb attacks in the capital, police sources said, as a Norwegian envoy arrived in guerrilla-held territory for talks on saving a failing peace drive.Jan 25 (AFP) – Sri Lanka’s Tamil Tiger rebels are key suspects in a string of […]

Tigers end Sri Lanka peace deadlock, talks in Geneva

KILINOCHCHI, Jan 25 (AFP) – Tamil Tiger rebels Wednesday agreed to hold talks with the Sri Lankan government in Geneva in mid-February, a top Norwegian peace broker said here after hectic closed-door negotiations.KILINOCHCHI, Jan 25 (AFP) – Tamil Tiger rebels Wednesday agreed to hold talks with the Sri Lankan government in Geneva in mid-February, a […]

Sri Lanka on ‘neutral’ ground after latest round of WTO talks

Jan 24 (LBO) – The latest round of World Trade Organisation (WTO) talks in Hong Kong, has “neutral” impact on Sri Lanka, say trade experts.Jan 24 (LBO) – The latest round of World Trade Organisation (WTO) talks in Hong Kong, has “neutral” impact on Sri Lanka, say trade experts. The outcome of the sixth WTO […]

Sri Lanka asks Norway to arrange early talks

Jan. 24 (AFP) – Sri Lanka’s president on Tuesday asked peace broker Norway to arrange early talks with Tamil Tiger rebels and help stem the latest wave of violence that has killed at least 151 people, officials said.Jan. 24 (AFP) – Sri Lanka’s president on Tuesday asked peace broker Norway to arrange early talks with […]

Five blasts rock Sri Lanka capital, no-one hurt

Jan. 24 (AFP) – Five simultaneous blasts rocked the jittery Sri Lankan capital Colombo Tuesday but caused no casualties, police said.Jan. 24 (AFP) – Five simultaneous blasts rocked the jittery Sri Lankan capital Colombo Tuesday but caused no casualties, police said. The blasts caused panic in the capital and suburbs, with police and security forces […]

Payback

Jan. 24 (LBO) – Lanka IOC, a unit of Indian Oil Corp., picked up a Rs. 500 million cheque from the Sri Lankan government as partial payment towards its seven billion rupees subsidy claim, a top official said.Jan. 24 (LBO) – Lanka IOC, a unit of Indian Oil Corp., picked up a Rs. 500 million […]

Disarm paramilitary groups operating in the northeast says US

Jan. 23 (LBO) – The United States Monday asked the government to disarm paramilitary groups operating in the northeast as an escalation of violence left three soldiers dead.Jan. 23 (LBO) – The United States Monday asked the government to disarm paramilitary groups operating in the northeast as an escalation of violence left three soldiers dead. […]

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