India to turn Iranian port into transit hub bypassing Pakistan
May 24, 2016 (LBO) – India, Iran and Afghanistan have signed a tripartite agreement to turn the Iranian Chabahar port into a transit hub bypassing Pakistan, …
World
Flood-hit Sri Lanka receives help from several countries
May 24, 2016 (LBO) – Sri Lanka has received a helping hand from several friendly countries to support the disaster affected people in the country. The …
Crisis-hit Venezuela near collapse, says new oil deal with China
May 17, 2016 (LBO) - Venezuela says it has reached a deal with China to improve loan terms as falling oil prices have driven the oil-exporting country into …
Samantha Power meets former President Chandrika Kumaratunga
U.S. Permanent Representative to the United Nations Ambassador Samantha Power met with former Sri Lankan President Chandrika Bandaranaike Kumaratunga, …
Sri Lankan community in France to receive solutions for consular issues
Embassy of Sri Lanka in Paris successfully concluded the first ever consular forum conducted by the Department of Immigration and Emigration in Paris with a …
South Korea introduces new points system to recruit workers from Sri Lanka
May 10, 2016 (LBO) – The Human Resources Development Services of Korea has introduced a new point based system to recruit workers from Sri Lanka and other …
London swears in first Muslim Mayor
May 09, 2016 (LBO) - The United Kingdoms Labour party candidate Sadiq Khan was sworn in as London's first Muslim mayor last weekend. Having won 1,310,143 …
Clinton, Trump lead in New York primaries
Apr 20, 2016 (LBO) - Democratic presidential candidate Hillary Clinton won New York’s Democratic primary reasserting her position over rival Bernie Sanders …
IMF: Global growth has been too slow for too long
Are troubles ahead for the global economy? The IMF thinks so. Apr 12, 2016 (LBO) - IMF projects a global growth of a modest 3.2 percent in 2016, broadly in …
Goldman Sachs pays USD5 bln to settle role in financial crisis
Apr 12, 2016 (LBO) - Top investment bank Goldman Sachs will pay 5.06 billion dollars to settle allegations that it sold packages of questionable mortgages to …
Iceland’s PM, first casualty of Panama Papers
Apr 06, 2016 (LBO) - Iceland's Prime Minister Sigmundur David Gunnlaugsson resigned on Tuesday, the first casualty of the leaked Panama papers. The Panama …
Sanders wins three more states, eyes turn to New York
Mar 28, 2016 (LBO) - Bernie Sanders who won Democratic presidential primaries in Alaska, Washington and Hawaii over the weekend, said he maintained hope of …
Top Lankan team heading for Brussels on decisive fishery ban talks
Mar 18, 2016 (LBO) – A top team including officials from the Prime Ministerial Task Force is scheduled to depart for Brussels on 30 March for decisive talks …
Regional Trade Integration Leads to Sustained Growth in South Asia: IMF’s Lagarde
New Delhi, Mar 12, 2016 (LBO) - Even-greater trade integration can support more sustained growth, especially for countries in South Asia, observed Christine …
Sri Lanka investigating money allegedly laundered from NY Fed
Mar 10, 2016 (LBO) - Sri Lanka is investigating Bangladesh government's claims that hackers stole nearly 100 million dollars from an account with the Federal …
Moody’s changes outlook on China credit rating to negative
Mar 02, 2016 (LBO) – Moody's Investors Service has today changed the outlook to negative from stable on China's government credit ratings, while affirming …
Early wins for Clinton, Trump in nomination race
Mar 02, 2016 (LBO) - Hillary Clinton and Donald Trump both won several states in the race for US presidential nomination in results released so far. online …
South Korea won at six-year low, possible swap deal with US, China
Feb 29, 2016 (LBO) – South Korea's Finance Ministry is to resume a possible currency swap deal with the United States and China following the won's recent …
Increased risks to global growth cloud outlook in 2016-17: Moody’s
Feb 18, 2016 (LBO) – Global growth will fail to pick up steam over the next two years as the slowdown in China, lower commodity prices and tighter financing …
Michael Bloomberg mulls US Presidency
Feb 09, 2016 (LBO) – Michael Bloomberg, founder owner of Bloomberg, yesterday said that he is looking at options to compete upcoming US Presidential …