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Reuters: Holders Spain set up a European Championship semi-final with Iberian rivals Portugal after an uninspiring 2-0 win over France on Saturday which featured yet another headed goal but prompted boos from a sometimes bored crowd. The tournament has generally been graced by high quality, exciting soccer so far but for all Spain’s skill at ...
Reuters: A court has issued an arrest warrant for the ruling party veteran poised to replace Pakistan’s ousted prime minister, local television stations reported on Thursday, deepening political uncertainty in the strategic U.S. ally. Pakistan’s president had nominated Makhdoom Shahabuddin as the Pakistan People’s Party (PPP) candidate in an apparent bid for continuity ahead of ....
As Sri Lanka-Japan bilateral discourse completes 60 memorable events, Japan has become our seventh largest international trade partner. “The total bilateral trade turnover between the two nations has grown to $ 1,250 m in 2011. Japan, our seventh largest trade partner in 2011, has always been a key trading nation as well as a generous ...
Reuters: England and France took the last places in a heavyweight final eight at Euro 2012 on Tuesday, with Ukraine joining co-hosts Poland on the sidelines after a 1-0 loss to the English marred by a controversial disallowed goal. In a tournament heavy on goals and drama but relatively free of debatable refereeing decisions, the ...
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...
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 ...
Reuters: Authorities in the world’s major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation’s future in the euro zone . Britain announced on Thursday it would flood its banking system with cash ...
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 ...
Historically, capital markets have played an important role in the development of market economies and therefore the development of efficient regulation of securities too has become increasingly important. While fostering the development of the economy, the capital markets also play an important equalising role. Viz – it attracts the participation of a large number of ...
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 ...
By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...
Reuters: Revenues for England’s Premier League soccer clubs hit a record high in 2010/11, but the players are taking an ever greater share of those riches, the annual Deloitte review of football finance said on Thursday. The ratio of Premier League wages to revenues has risen to 70 percent, raising questions about the ability of ...
Reuters: The Obama administration arranged for two Hollywood filmmakers to get special access to government officials involved in the commando operation that killed Osama bin Laden, according to a conservative legal group that posted internal government documents on its website Tuesday. Judicial Watch posted what it said were 153 pages of Pentagon documents and 113 ...
Man United have put in a solid premier league performance this season, narrowly missing out on their 20th title after a nail-biting end to the season. Income from TV rights, gate receipts and merchandise all remain strong, providing broad revenue base that spreads risk better than most clubs. Man United has huge and long-standing international ...
E.A. Dayawathie (56), a year teacher from Matugama recently won the top prize of Rs. 1 million in Seylan Bank’s (February) ‘Thagi Pita Thagi’ draw, becoming the fourth millionaire to date. “I never expected to win the top prize. And yes of course I am very happy,” she says. With 24 years teaching experience, Dayawathie ...
Reuters: British Prime Minister David Cameron savored Chelsea’s win over German club Bayern Munich in the Champions League final on Sunday after watching the deciding penalty shootout with German Chancellor Angela Merkel at a summit in the United States. “It’s not often you get the opportunity to watch a penalty shootout between an English team ...
NEW YORK: Warren Buffett, the billionaire chairman of Berkshire Hathaway, said he’s pursuing more opportunities in Asia after boosting reinsurance sales and expanding the Iscar Metalworking Cos. unit on the continent. “Korea, Japan and you name it,” Buffett, 81, said May 5 at Omaha, Nebraska-based Berkshire’s annual meeting. Buffett visited South Korea, Japan and India ...
n The Scholar who has refused to changeHumanistic approach Dr. Gunadasa Amarasekera, scholar, writer, poet, novelist, social activist and many more, in a special contribution to Professor Buddhadasa Hewavitharana Felicitation Volume Two released last month, has tried to analyse the most recent history of Sri Lanka in the context of the onset of the process ...
Reuters: Socialist Francois Hollande swept to victory in France’s presidential election on Sunday in a swing to the left at the heart of Europe that could start a pushback against German-led austerity. Hollande was set to beat conservative incumbent Nicolas Sarkozy by a decisive 51.9 per cent to 48.1 per cent margin, the TNS-Sofres polling ...
Sri Lanka spent Rs. 56 b on above-the-line advertising in 2011 Taking wing to India for meetings is a usual routine for any business leader attached to a multinational in Sri Lanka as most such organisations have their regional offices in India. During a recent visit to India, the hype surrounding IPL – 5th edition ...
The need for an integrated program on a war footingIn 2008, eight prizewinning economists were asked to list the type of projects which would do the most good for the most number of poor people, if they had an imaginary $ 75 million to spend. Half of their proposed projects involved nutrition. There has been ...
Less than a year after starting up on its own, the company prepares to replicate its Indian success in Sri LankaJubilant FoodWorks, the master franchisee of Dominos Pizza for South Asia, last year set up its own subsidiary company in Sri Lanka, moving away from the franchisee partnership which held the fort for the Group ...
Reuters: The Norwegian anti-Islamic gunman who killed 77 people said at his trial on Tuesday his shooting spree and bomb attack were “sophisticated and spectacular” and that he would do the same thing again. Anders Behring Breivik, 33, has pleaded not guilty and said he was defending his country by setting off a car bomb ...
Shooter gives clenched-fist salute Refuses to recognise court Court must rule on guilt and sanity OSLO (Reuters): The Norwegian anti-Islamic militant who massacred 77 people last summer arrived at an Oslo courthouse under armed guard on Monday, clenching his fist in a far-right salute and saying he did not recognise the authority of the judges. ...
Last Sunday when the unknown Ajinkya Rahane scored 103 runs off just 60 balls at the M. Chinnaswamy Stadium in Bangalore, which helped the Rajasthan Royals to score a massive 195 runs at IPL season five, my mind went to just one ethos the IPL is all about – highlighting performance. It is how IPL ...
Promises to fix immigration quickly in second term Says Republican rival’s approach “very troublesome” Secret Service scandal overshadows trade message CARTAGENA, Colombia (Reuters): US President Barack Obama, taking his re-election campaign south of the U.S. border, promised on Saturday to pursue long-promised immigration reform early in a second term and slammed his White House...
OSLO (Reuters): Anti-Islam militant Anders Behring Breivik appears bent on turning a Norwegian court into a “circus” show for his views when he goes on trial on Monday for killing 77 people, reopening wounds in the traditionally tolerant and tranquil nation. The facts of the case will hardly be at issue; Breivik has proudly admitted ...
TOKYO (Reuters) : Japan’s Sony Corp is to cut 10,000 jobs, about 6 percent of its workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red. The job cuts would be the latest downsizing in Japan ...
With ending of the Maha season paddy harvesting, newspapers and TV have been highlighting problems encountered by farmers in disposing of their harvest. Due excellent weather, free from drought, flood and disease, farmers have received a bumper crop but the problem is to convert the harvest into cash, in order to settle debts incurred in ...
The challenges Sri Lanka has to face in its march towards development are manifold. Although the war has ended the wrong political ideologies, the proposals and timetables it created are still in operation. By Government Information Department Additional Director General Chandrapala Liyanage Similarly, various social activity groups and individuals and organisations operating under the advice ...