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Reuters: Disgraced former IMF chief Dominique Strauss-Kahn and his wife have separated, as his legal battles run on over a New York sex assault case and his alleged involvement with a prostitution ring, weekly magazine Closer reported on Thursday. Anne Sinclair, a wealthy heiress who recently re-launched her media career as a news editor at ...
- Inapt Advance (Category: Business)
- New Chief (Category: Business)
- Another One (Category: Business)
- Strauss-Kahn arrest: Judge denies bail on sex charges - Report (Category: Breaking News)
Political parties supporting Greece’s international bailout begin forging a government on Monday after an election victory over radical leftists staved off the prospect of the debt-laden country leaving the euro and brought relief to global markets. Conservative New Democracy leader Antonis Samaras called for broad support after winning Sunday’s election over the Syriza party, wh...
- Greeks seek better terms after Spanish rescue (Category: Business)
- World economies prepare for panic after Greek polls (Category: Business)
- Asia shares fall to 2012 lows as Europe worries weigh (Category: Business)
- Greek Cabinet formally approves bailout deal (Category: Business)
Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...
- Sri Lanka state finances would improve with domestic domestic restructure: think tank (Category: Breaking News)
- Limits of statist development or state capitalism (Category: Business)
- Sri Lanka net government debt soars in 2021 despite zero foreign deficit finance (Category: Breaking News)
- Rupee depreciation: A powerful tool to drive growth and employment? (Category: Business)
ATHENS (Reuters): Greece’s cabinet unanimously approved the terms of its international bailout on Wednesday, hours after euro zone countries formally approved the 130 billion euro financial package that Athens needs to stay afloat. The deal to keep Greece funded until 2014 will now be sent for approval to the Greek parliament, which is expected to ...
- Euro Zone (Category: Business)
- Greeks seek better terms after Spanish rescue (Category: Business)
- Spending Break (Category: Business)
- Greece, creditors strive to avoid costly default (Category: Business)
Reuters: Greece claimed a major success for its bond swap offer to private creditors on Friday after it won heavy acceptance for a deal that averts the immediate risk of an uncontrolled default on its massive public debt. The finance ministry said 85.8 percent of its 177 billion euros in bonds regulated under Greek law ...
- Euro zone seals second Greek bailout worth 130 b euros (Category: Business)
- Greece, creditors strive to avoid costly default (Category: Business)
- Crisis-hit Greeks sceptical of EU rescue deal (Category: Business)
- Greece, creditors move closer to deal in race against time (Category: Business)
Reuters: A planned referendum in Ireland and a German court ruling cast new uncertainty on Tuesday over efforts to overcome the euro zone’s debt crisis, just when a flood of central bank money appeared to be calming financial markets. Ireland’s prickly electorate, which has twice voted “No” to European Union treaties before reversing itself, will ...
- EU leaders to agree on permanent bailout fund (Category: Business)
- Euro zone crisis heads for September crunch (Category: Business)
- German FM: Greece needs sustainable debt by 2020 (Category: Business)
- Stocks, euro fall on caution about Europe crisis moves (Category: Business)
Sri Lanka’s benchmark stock index, the world’s worst performer this year, may extend its slump as the central bank raises interest rates to curb inflation, according to HSBC Holdings Plc’s private banking unit. HSBC Private Bank, which oversees about $499 billion, will wait for stock valuations to fall to “single digit” multiples before it considers ...
- Stocks approach one-month low; rupee steady (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Sri Lanka Stocks May Slump More on Rates, HSBC Private Says (Category: Breaking News)
- CB seen holding rates, SRR steady – Reuters poll (Category: Business)
Surveillance videos publicly aired for the first time Thursday show Dominique Strauss-Kahn leisurely checking out of a New York hotel where he was accused of committing sexual assault and show his accuser appearing to act out the alleged attack.It was not immediately clear how France's BFM television acquired the minutes-long segments. The clips were the basis of recent news reports suggesting Str...
- Inapt Advance (Category: Business)
- New Chief (Category: Business)
- Another One (Category: Business)
- Strauss-Kahn arrest: Judge denies bail on sex charges - Report (Category: Breaking News)
ATHENS (AFP): Greeks on Thursday reacted with anger and disbelief at a new wave of austerity cuts enacted to keep the country in the eurozone as a public transport strike caused road chaos in Athens. The embattled socialist government announced pension and tax break cuts and put 30,000 state employees on temporary lay-offs after pledging ...
- Spending Cuts (Category: Business)
- Power cuts again (Category: Breaking News)
- Power cuts during today as well (Category: Breaking News)
- No Power Cuts Today (Category: Breaking News)
JACKSON HOLE: Central bankers gathered at an annual retreat in Jackson Hole, Wyoming, this weekend had a message for political leaders: monetary policy alone can’t keep the global expansion going. Federal Reserve Chairman Ben S. Bernanke urged adoption of “good, proactive housing policies” to reverse the depressed US real estate market and warned lawmakers to ...
- Bernanke defends low rate policy for weak economy (Category: Business)
- Fed officials take wait-and-see approach on stimulus (Category: Business)
- Fed launches QE3, bets big to rescue US economy (Category: Business)
- Bernanke quiet on next Fed move, stresses job crisis (Category: Business)
By S. V. Kirubaharan - in France Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly, and applying the wrong remedies.” — Julius Henry, Groucho Marx, American comedian and film star (1890-1977). When life is smooth and everything goes in the right direction, normal civilians can become President, Prime Minister ...
- Ex-IMF Chief Strauss-Kahn, wife separate (Category: Business)
- WORLD ROUNDUP – By Dinouk Colombage (Category: Breaking News)
- Euro zone crisis reaches France, turns existential (Category: Business)
- French President’s partner dubbed the new Iron Lady (Category: Business)
by Darini Rajasingham Senanayake On 4 February, Sri Lanka celebrated its 63rd birthday. After nearly three decades of armed conflict, it is now one of Southasia’s calmest and fastest-growing countries. Its social indicators, apart from the northeast zone, remain the...
- Military in Sri Lanka encroaching on civilian control of government (Category: Breaking News)
- Sri Lanka military extending its influence over civilian affairs, things are not looking good fo... (Category: Breaking News)
- Sri Lanka’s North: Rebuilding under the Military (Category: Breaking News)
by Rick Westhead Toronto Star, South Asia Bureau TRINCOMALEE, SRI LANKA—The weathered wooden bench that serves as an open-air confessional booth at Our Lady of Guadalupe Catholic Church doesn’t enjoy much down time nowadays. It’s not that more people are...
- Tapping Diaspora Support (Category: Breaking News)
- Is the report of the UNSG’s panel of experts a conspiracy and obstacle to reconciliation? (Category: Breaking News)
- "The 13th Amendment to the Constitution must be properly implemented": Dharmalingam Siddharthan (Category: Breaking News)
- Northern citizens reject Chinese efforts to make inroads into Jaffna (Category: Breaking News)
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