Rights groups slam media controls in Sri Lanka
COLOMBO, October 31, 2008 (AFP) - Sri Lanka has the lowest press freedom rating of any democracy and has been the first to use anti-terror laws to prosecute …
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Sri Lanka’s inflation eases to 20.2-pct
Oct 31, 2008 (LBO) – Consumer inflation in Sri Lanka's capital Colombo fell to 20.2 percent in the 12-months to October from 24.3 percent a month ago, …
Nut Cracker
Oct 31, 2008 (LBO) – Profits of Lanka IOC, a unit of India's IOC fell 83 percent in the September quarter to 109 million rupees amidst high taxes and …
Sri Lanka business chambers urge unity among politicians
Oct 29, 2008 (LBO) - Sri Lanka's top business chambers have called for political unity to back government efforts to devolve power to minority Tamils and …
Air Raid
Oct 28, 2008 (LBO) – A fire broke out in a key power station in Sri Lanka's capital Colombo soon after lights were doused on warnings of a Tamil Tiger …
Iceland raises rates to 18.0-pct after currency collapse
REYKJAVIK, October 28, 2008 (AFP) - Iceland jacked up its key interest rate to 18 percent and announced a request for help from the European Central Bank and …
With debt mounting, new US president to face tough choices
WASHINGTON, October 28, 2008 (AFP) - The next US president will inherit a mountain of debt from the latest government bailouts, making it difficult to …
IMF gets new business as central banks lose reserves on intervention mistakes
WASHINGTON, October 26, 2008 (AFP) - Ukraine, facing political deadlock and an economic crisis, agreed a 16. online pharmacy buy abilify with best prices today …
Sri Lanka exchange rate pressured; fuel taxes can reduce fiscal ills: economist
Oct 26, 2008 (LBO) – Despite falling oil prices, Sri Lanka is now in the midst of a balance of payments problem brought about by central bank …
Sri Lanka reassures India over Tamils
NEW DELHI, October 26, 2008 (AFP) - A senior Sri Lankan minister on Sunday held talks with the Indian foreign minister over the safety of the island nation's …
World leaders urge monetary reforms as gloom deepens
BEIJING, October 25, 2008 (AFP) - World leaders called for an urgent overhaul of international financial systems after another day of steep stock market falls …
Sri Lanka central bank calms forex markets as treasuries stock rockets to Rs59bn
Oct 24, 2008 (LBO) – Sri Lanka's central bank says it is ready to accommodate additional foreign currency outflows from foreign bond holders even as …
Time Travel
EW YORK, October 22, 2008 (AFP) - Crude oil prices careened lower Wednesday after surging US energy reserves highlighted falling demand in a cooling global …
Lubricant Lease
Oct 23, 2008 (LBO) - Chevron Lubricants Lanka said Thursday it was seeking to extend the lease on the land on which it has its lubricant plant which runs out …
Sri Lanka media group condemns threats against human rights defenders
Oct 23, 2008 (LBO) - A Sri Lanka media rights group has condemned more deaths threats against human rights activists and lawyers and demanded a police …
India ‘concerned’ over Sri Lanka conflict: minister
NEW DELHI, October 22, 2008 (AFP) - India voiced concern Wednesday over the conflict in Sri Lanka as Tamil MPs in parliament clashed over charges of "genocidal …
Fed chief backs US spending plan as markets clutch at latest straw
WASHINGTON, October 21, 2008 (AFP) - The head of the US Federal Reserve backed a stimulus plan for the flagging American economy, buoying stock markets despite …
Sri Lanka central bank says inflation will fall till November
Oct 20, 2008 (LBO) – Sri Lanka's central bank says consumer inflation, which fell to 24.3 percent in September, will continue to fall till November in …
Forum set up to promote security of US ventures in Asia
WASHINGTON, October 19, 2008 (AFP) - The United States is to launch a forum to promote security of largely American businesses in Asia amid concerns on issues …
Sri Lanka central bank reserve outflow continues; bill stock spikes to Rs40bn
Oct 19, 2008 (LBO) – The treasury bills portfolio of Sri Lanka's central bank topped 40 billion rupees (370 million US dollars) by mid-October, according …