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
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The sports minister in Sri Lanka has vowed to continue bidding for more international sporting events despite the failure to secure 2018 Commonwealth Games in Hambantota. Sri Lanka lost to Australia’s Gold Coast in Saint Kitts last year, after a lengthy bidding process spending Rs. 880 million. But Sports Minister Mahindananada Aluthgamage told BBC Sinhala ...
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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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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
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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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- India’s GDP grows 6.1% in Q3, weakest in almost 3 years (Category: Business)
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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
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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
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