Tag: Sri Lanka
Tigers accuse Sri Lanka of killing priest
April 20, 2008 (AFP) – Sri Lankan forces Sunday killed a Roman Catholic priest inside rebel-held territory, Tiger guerrillas said as the defence ministry reported 16 more deaths in fresh violence.The Liberation Tigers of Tamil Eelam (LTTE) said Father M.X. Karunaratnam, who was also a top human rights campaigner, was killed in a roadside bomb […]
Sri Lanka price controls disrupt rice market: reports
April 20, 2008 (LBO) – Sri Lanka’s Zimbabwe-style price controls on rice have started to disrupt supplies threatening to turn what was simply a steep spike in domestic rice prices into a full blown crisis with actual rice ‘shortages’. . Last July Zimbabwe, a country with a history of money printing and 100,000 percent inflation […]
Sri Lanka rice price controls temporary: minister
April 20, 2008 (LBO) – Sri Lanka’s price controls are temporary, until foreign rice stocks arrive at the end of the month and prices fall towards ceilings imposed by the government, a senior minister said. “Rangoon rice will arrive in Sri Lanka before the end of the month, then prices will fall,” consumer affairs minister […]
Sri Lanka media watchdog says its treasurer threatened, ransom demanded
April 18, 2008 (LBO) – Sri Lanka’s Free Media Movement (FMM), a media watchdog, said Friday its treasurer, journalist K. Rushangan, has received threats demanding the payment of a ransom before April 25. Despite complaints to the police, no action has been taken to probe the threats, the organisation said in a statement. Rushangan is […]
Sri Lanka war zone hospitals short of medical staff, aid: ICRC
April 17, 2008 (AFP) – Hospitals in Sri Lanka’s Tamil rebel-held territory are running low on basic medicines and medical staff, the International Committee of the Red Cross said Thursday.Fighting between security forces and Tamil Tiger rebels has escalated since January, when the government withdrew from a 2002 truce arranged by peace broker Norway and […]
Sri Lanka opposition, govt trade charges over sanctions threat
April 17, 2008 (LBO) – Sri Lanka’s main opposition political party says the island is facing international isolation and economic sanctions, a charge rejected by the government. The opposition United National Party accused the government of being unable to effectively address international concerns over human rights abuses by the military. But a government spokesman dismissed […]
Sri Lanka govt subsidies fuelling inflation: central bank
April 17, 2008 (LBO) – Sri Lanka’s Central Bank has said heavy government spending to subsidise fuel, electricity and fertiliser destabilises the economy, leads to waste and hurts the poor by eventually fuelling inflation. Regular domestic fuel price hikes in keeping with rises in global oil prices are needed, the bank said in its 2007 […]
Pricing Issue
April 16, 2008 (LBO) – Sri Lanka would raise fuel prices before the end of the month after running losses of 7.2 billion rupees in 2008, petroleum minister A H M Fowzie said. Up to April 15, the state-run Ceylon Petroleum Corporation had lost 1,856 million rupees. In March the utility had lost 3,769 million […]
Persian Present
April 16, 2008 (LBO) – Iranian President Mahmoud Ahmadinejad will flag off a billion dollar oil refinery in Sri Lanka, as part of his state visit to the island later this month, officials said. . Sri Lanka’s petroleum minister A H M Fowzie said President Ahmadinejad would lay the foundation stone for the refinery on […]
‘s war, fiscal reversals, policy stance hit sovereign rating: S&P
April 16, 2008 (LBO) – Sri Lanka’s internal war and a reversal in ‘tentative’ improvements in state finances had made the country less able to weather shocks, putting its credit rating at risk, the rating agency Standard & Poor’s said. The rating agency said debt ratios were above the average for the ‘B+’ rating awarded […]
Sri Lanka central bank decries over staffing of government sector
April 16, 2008 (LBO) – Sri Lanka’s central bank has criticised the practice of ruling party politicians of stuffing the state sector with their supporters, saying such over staffing is not only wasteful but creates worker shortages in the private sector. It said in its annual report for 2007 that unemployment in the island was […]
Sri Lanka told to clean up human rights record
April 15, 2008 (AFP) – A team of top legal luminaries told Sri Lanka’s government on Tuesday to clean up its human rights record, saying an escalating war against Tamil Tiger rebels had brought with it grave abuses. Updated The International Independent Group of Eminent Persons (IIGEP), comprising experts from several countries, the European Union […]