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REUTERS: US astronaut Neil Armstrong, who took a giant leap for mankind when he became the first person to walk on the moon, has died at the age of 82, his family said on Saturday. Armstrong died following complications from heart-bypass surgery he underwent earlier this month, the family said in a statement, just two ...

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Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...

- www.ft.lk - Category : Business - Relavancy : 0.06151153

LONDON (Reuters): Britain’s economy shrank far more than expected in the second quarter, battered by everything from an extra public holiday to government spending cuts and the neighbouring euro zone crisis. Finance minister George Osborne said figures released on Wednesday showed Britain had “deep-rooted economic problems,” adding that the slump in the second quarter was ...

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A top level Sri Lanka Ports, Trade and Logistics conference and exhibition will be held from 10 to 11 July at Colombo Hilton, organised by industry specialists Seatrade. The multi-stakeholder sponsored and endorsed event will showcase commercial opportunities and development of South Asia’s new maritime hub and logistics centre – Colombo and Sri Lanka. Seatrade ...

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Reuters: Myanmar’s opposition leader Aung San Suu Kyi announced in Britain on Tuesday that she was prepared to take the helm as the leader of her people, the strongest signal yet she saw herself as someone who could lead her country one day. Myanmar’s then-ruling junta freed the Oxford-educated Nobel Peace Prize laureate from house ...

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Reuters: Myanmar opposition leader Aung San Suu Kyi finally received her 1991 Nobel Peace Prize in Oslo on Saturday after spending 15 years under house arrest, and said her country’s full transformation to democracy was still far off. “What the Nobel Peace Prize did was to draw me once again into the world of other ...

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Reuters: Spain will try to become the first team to win three successive major international titles while Germany will hope to lift their first trophy since 1996 when Euro 2012 kicks off on Friday. The backdrop of the three-week tournament being staged by Poland and Ukraine across a vast stretch of eastern Europe has already ...

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The NSB/TFC deal and the General Recent events in Sri Lanka have reconfirmed that though seemingly power may be unlimited, there are in reality constraints which limit the options those in power have. As proof of this fundamental reality, the first event is the purchase by the National Savings Bank (NSB), a State-owned entity, whose ...

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Reducing military presence in the north is a tricky challenge for the Government. The danger of LTTE sympathisers destabilising the region needs to be counterbalanced by a growing international and political focus on the issue. In such an atmosphere, striking a delicate balance is difficult and often open to criticism and fraction from all sides. ...

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BBC: Muslims in Sri Lanka have said that the storming of the Jumma Mosque of Dambulla by a gang may negatively impact the reconciliation process among communities. Army patrolling Ampara yesterday after Muslims protested and staged a hartal against the removal of mosque in Dambulla The All Ceylon

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By Nita Bhalla It was with a heavy heart I read the press release this morning. A desperately needed aid programme run by the charity Medecins Sans Frontiers (MSF) – in English, Doctors without Borders – in Sri Lanka’s war-torn North has shut down after only 18 months of operation. I had visited the project ...

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BBC: Maldives state minister of foreign affairs Dunya Maumoon has told the BBC that elections cannot be held in the country “in the foreseeable future”. Dunya Maumoon said that the country’s institutions of state were not strong enough for elections to be held. President Waheed

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million. But Sports Minister Mahindananada Aluthgamage told BBC Sinhala ...

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- www.ft.lk - Category : Business - Relavancy : 0.049209226

Let’s accept it, Sri Lanka made a statement to the world that we are open for business with Expo 2012, even though it had its limitations like the faulty air conditioner at the launch that grabbed media attention. Whilst some can say that the shine was taken off the event due to the very uncomfortable ...

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By Firdous Syed DNA India: There seems to be no moral justification behind the United States-sponsored resolution against Sri Lanka at the UN Human Rights Council. The massacre of ‘40,000 civilians’ and continued persecution of Tamils is a fit case for international censure; even an international intervention could be justified. That the US, motivated, or ...

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Media organisations in Sri Lanka have urged the authorities to investigate all recent attacks on media personnel and institutions. The watchdogs say they will stage a protest on 25 January in Colombo against a series of attacks against media personnel in recent years. It will especially mark “Black January” during which many prominent media personnel ...

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The newly elected president of Sri Lanka Cricket (SLC) has once again has predicted that at least five years will be needed to resolve its financial crisis. Upali Dharmadasa, who was elected uncontested on 03 January, said the SLC will get a considerable amount of income from future tours of other Test playing nations by ...

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BBC: Hoteliers in a popular tourist destination in Sri Lanka have accused a local politician of blackmailing them and demanding ransom from hotels at the peak of a tourism season. The Hikkaduwa Hoteliers Association (HHA) told BBC Sandeshaya that the town’s Mayor, Winnie Kariyawasam

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Reuters: Asian factory output remained weak in December, with Chinese manufacturers narrowly avoiding contraction and South Korea’s industrial production shrinking the most in almost three years, while Europe data this week is expected to point to a recession. India, however, saw strong factory activity in December that defied recent weakness in Asia’s third-largest economy. Meanwhile,...

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Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...

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During the Leaders’ Forum of the 36th session of the UNESCO General Conference held on 26th October this year, Prof. Tissa Vitarana, Senior Minister for Scientific Affairs, made a statement based on the theme of the discussion “How does UNESCO contribute to building a culture of peace and to sustainable development”. Speaking at a plenary ...

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The plantation sector in Sri Lanka is “in turmoil” as a result of the recent hike in workers’ salaries, tea traders say. Jayantha Keragala, the chairman of Ceylon Tea Traders Association (CTTA) has told BBC Sandeshaya that the industry is not faced with an immediate crisis due

- www.ft.lk - Category : Business - Relavancy : 0.049209226

A son of Muammar Gaddafi, previously reported captured, made a surprise appearance with jubilant supporters in Tripoli overnight, urging loyalists to fight off rebels who say they control most of the Libyan capital. Saif al-Islam, seen as his father’s chosen successor, visited the Tripoli hotel where foreign journalists are staying to declare that the government ...

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