Tag: Sri Lanka
Sri Lanka says 93 troops killed in March
April 9, 2008 (AFP) – At least 93 Sri Lankan soldiers were killed and another 686 injured during clashes with Tamil Tiger rebels last month, the prime minister told parliament Wednesday. Premier Ratnasiri Wickremanayake, in a statement to the 225-member national legislature, said 38 civilians were killed and another 21 wounded in March. “The number […]
Sri Lanka asks World Bank to fund highway to Jaffna
April 08, 2008 (LBO) – Sri Lanka has asked the World Bank to fund a highway to the northern Jaffna peninsular, which is now cut off from the rest of the island by a stretch of land held by Tamil Tiger guerrillas, a top official said. The A-9 highway starts from Kandy in the central […]
” mentality: President Rajapakse
April 08, 2008 (LBO) – Sri Lankans should stop thinking themselves as being ‘poor’ and develop a mentality that they are stakeholders with some means in taking the country forward, President Mahinda Rajapakse said. In 2007 Sri Lanka’s economy expanded by an estimated 6.8 percent against 7.7 percent a year earlier. “We have two big […]
Sri Lanka to protest IMF inflation research: Central Bank
April 08, 2008 (LBO) – Sri Lanka’s central bank said it was protesting to the International Monetary Fund (IMF) after a research study said only a quarter of the country’s inflation in recent years could be explained by external factors. “And I will make that comment very strongly when I go to IMF next week […]
Sri Lanka leftwing politician confirms move to oust him
April 08, 2008 (LBO) – A Sri Lankan Marxist-nationalist politician Tuesday said his party had decided to expel him, confirming reports of a split in the party. Wimal Weerawansa, firebrand spokesman of the Janatha Vimukthi Peramuna (JVP) told parliament that he had not been officially informed of the move to cancel his party membership. He […]
Sri Lanka Tamil Tigers ask Norway help to stop Mannar offensive
COLOMBO, April 8, 2008 (AFP) – Tamil Tiger rebels asked peace-broker Norway on Tuesday to pressure Sri Lanka’s government to stop a military offensive in the island’s north, saying a venerated Catholic church was at risk.Tens of thousands of people have been killed in Sri Lanka’s separatist conflict. The Tigers have been fighting for an […]
Sri Lanka JVP split widens with more support for Weerawansa
April 08, 2008 (LBO) – Differences within Sri Lanka’s Marxist-nationalist Janatha Vimukthi Peramuna (JVP) exploded dramatically Tuesday with controversial lawmaker Wimal Weerawansa speaking out publicly and gaining the support of nine others. Charismatic speaker and propaganda secretary Wimal Weerawansa fell out with the party hierarchy ostensibly over his public support for saying that a breakaway […]
Commodity bubble may burst warns IMF, what will happen to Sri Lanka tea
April 07, 2008 (LBO) – The International Monetary Fund has warned that the current commodity bubble, perhaps the biggest in four decades, which has sent oil, metals and food prices zooming may burst soon as a global credit bubble unwinds rapidly. . A crumbling commodity bubble, while lowering oil and imported food prices could reduce […]
Tamil Tigers set up presence in US: report
WASHINGTON, April 7, 2008 (AFP) – The Tamil Tigers, a Sri Lankan rebel group responsible of killing about 4,000 people in the past two years, have quietly established a US presence to help finance their separatist campaigns, The Washington Times reported Monday. Citing various US government sources, the newspaper said the organization was trying to […]
Sri Lanka suicide bombing prompts calls for political solution
April 07, 2008 (LBO) – The United States, European Union and Canada have condemned Sunday’s Tamil Tiger suicide bombing which killed a Sri Lankan minister, saying only a political solution, not violence, would ensure peace. “The United States denounces this vicious and reprehensible terrorist attack on civilians in the strongest possible terms,” a US embassy […]
Sri Lanka suicide assassin may have been marathon runner
April 6, 2008 (AFP) – A suspected Tamil Tiger suicide bomber killed Sri Lanka’s highways minister as he opened a marathon Sunday in an attack that left 11 others dead and nearly 100 wounded, police and officials said. . Senior minister Jeyaraj Fernandopulle, 55, was killed in the town of Weliveriya outside of the capital […]
Sri Lanka high inflation threatens recent gains in poverty, inequality
April 05, 2008 (LBO) – Lower average inflation and a temporary halt in an internal conflict have lowered Sri Lanka’s poverty levels by 2006, government statistics showed, amid warnings that rising prices may reverse the gains. The number of people below the official poverty line fell to 15 percent from nearly 22.7 percent in 2002, […]