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UNITED NATIONS(Reuters): President Barack Obama will say on Tuesday the United States will “do what we must” to prevent Iran from acquiring a nuclear weapon as UN Secretary-General Ban Ki-moon warned against threatening attacks whose consequences would be devastating. Preparing to take the podium at the United Nations six weeks before the US presidential election, ...
- Ahmadinejad denounces ‘uncivilised Zionists,’ urges new order (Category: Business)
- Obama vows to pursue further nuclear cuts with Russia (Category: Business)
- Iran army tests defences as nuclear tensions rise (Category: Business)
- Israel calls for tougher Iran sanctions (Category: Business)
The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...
- Village as a developmental unit (Category: Business)
- Paddy farmers’ problems (Category: Business)
- Budget 2012’s impact on the export sector (Category: Business)
- Sri Lanka’s stake in the intl. agriculture debate (Category: Business)
The ‘Yes-Man’ Parasite, a.k.a. HMV The dictionary definition of a ‘pun’: ‘the clever or humorous use of a word that has more than one meaning, or words that have different meanings but sound the same’. The second word of the headline of today’s column is not exactly a pun, but somewhat akin to one, as ...
- Nihal’s Fundamental Rights application on Expropriation Law fixed for 26 Jan. (Category: Business)
- Checks and balances - Is there such a thing as unlimited power? (Category: Business)
- Sajith slams Expropriation Bill (Category: Business)
- Inept’ocracy (Category: Business)
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 ...
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka is no pearl on China’s string: President (Category: Business)
- From defence sales to electricity grids, India upgrades Lanka ties (Category: Business)
- In bid to counter China, US ramps up effort to boost military ties in Asia (Category: Breaking News)
Politically-motivated violence or a riot is a form of civil disorder characterised often by what is thought of as disorganised groups lashing out in a sudden and intense rash of violence against authority, property or people. A riot could also be due to a perceived grievance or out of dissent. Political violence was seen in ...
- Heed people’s call for new political model (Category: Breaking News)
- Sovereign People, Legal Despotism & Aragalaya (Category: Breaking News)
- A sad state of affairs (Category: Business)
- Sri Lankan elections: A new dimension (Category: Business)
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 ...
- Looking East (Category: Business)
- Sri Lanka, Japan talk of FTA (Category: Breaking News)
- Japan to consider Special Trade Agreement with Sri Lanka: Japanese minister (Category: Breaking News)
- Japan to consider possible FTA with Sri Lanka (Category: Breaking News)
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 ...
- Euro zone crisis heads for September crunch (Category: Business)
- Euro zone seals second Greek bailout worth 130 b euros (Category: Business)
- Merkel scrapes win on Greek bailout, rebels grow (Category: Business)
- World stocks, euro rise on hopes Greece ditches referendum (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)
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
- SEC To Work Towards Strengthening Investor Protection (Category: Business)
- Regulatory framework in place for Exchange Traded Funds (Category: Business)
- Top Govt. politico among investors summoned by SEC via ‘fiery’ notice (Category: Business)
- ‘Those who live by the Dhamma are protected by the Dhamma’ SEC Chief tells investors (Category: Business)
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 ...
- Globalisation: The challenges (Category: Business)
- Crisis lies in not knowing what higher education is! (Category: Business)
- UNCTAD should address challenges faced by developing world (Category: Business)
- Impunity: Unequal before the law (Category: Business)
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 ...
- Developing cutting-edge brand strategies (Category: Business)
- The ‘real’ problem with brand Sri Lanka (Category: Business)
- HR and London Olympics (Category: Business)
- Nation branding: A holistic perspective (Category: Business)
With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- The Economic Impact of Exchange Controls (Category: Business)
- Living with debts (Category: Business)
- Strategies on reducing or getting out of foreign debt (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)
Benito Mussolini, the fascist ruler of Italy, during World War II, said that his brand of fascism ‘should be more appropriately called Corporatism, because it is a merger of state and corporate power’. Compare this with the dictionary definition of capitalism: ‘A system in which a country’s business and industry are controlled and run for ...
- Entrepreneur and the profit motive (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- State Capitalism: Revitalising underperforming businesses the Mussolini way (Category: Business)
- Governance - Four examples; two bad and two good (Category: Business)
Reuters: On a recent Pakistan International Airlines (PIA) flight, water flowed from the toilets through the aisles during the entire journey from London to Islamabad. "What if it reaches some electrical wires and puts us in danger?" said one concerned passenger to another after flight attendants brushed off repeated complaints. "This could be a catastrophe." ...
- PIA fleet to be gradually renewed (Category: Business)
- First Thai Airways A380 rolls out of paint shop (Category: Business)
- SpiceJet to start Madurai-Colombo service in Sept. (Category: Business)
- Mihin Lanka launches second aircraft (Category: Breaking News)
HAS democracy failed in the Maldives? As chaos engulfs the second closest country to Sri Lanka, it is impossible not to wonder over where this change will lead. Will the country still continue as a democracy or will it fall into extremist hands? What are the lessons that Sri Lanka can learn from what has ...
- Germany concerned over latest developments in Maldives (Category: Business)
- Nasheed Won’t Seek Asylum (Category: Breaking News)
- Maldives charges ex-President with Judge’s detention (Category: Business)
- Ex-Maldives leader not to seek asylum in Sri Lanka (Category: Breaking News)
Ambassador updates foreign reporters on post-conflict development and reconciliation in Sri Lanka “Sri Lankans support a home grown solution for reconciliation” Ambassador invites international correspondents to visit Sri Lanka WASHINGTON: Ambassador Jaliya Wickramasuriya hosted a group of foreign correspondents here in a January 25 reception held at his residence, prompting a discussi...
- Effective LLRC implementation sans external pressure (Category: Business)
- Sri Lanka’s ‘Lies Agreed Upon’ screened in US Congress (Category: Business)
- Sri Lanka will hold accountable every person accused of war crimes – Jaliya (Category: Business)
CAMBRIDGE, Mass. (Reuters): Americans have traditionally been the most enthusiastic champions of capitalism. Yet a recent American public opinion survey found that just 50 per cent of people had a positive opinion of capitalism while 40 per cent did not. The disillusionment was particularly marked among young people 18-29, African Americans and Hispanics, those with ...
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- HAPPY BIRTHDAY MR. PRESIDENT (Category: Breaking News)
- Entrepreneur and the profit motive (Category: Business)
- Corporatism: A step beyond state capitalism (Category: Business)
Sampath Bank with effect from 1 January has got a new Chairman and several new youthful additions to its Board of Directors. The Bank announced on Friday that at a Board of Directors meeting held on 29 December Chairman I.W. Senanayake decided to step down with effect from 31 December. Whilst accepting this decision the ...
- Dhammika to be appointed Chairman of Sampath Bank (Category: Business)
- CB clears five new nominees to Sampath Bank Board (Category: Business)
- Qualified daughters make their way to boards (Category: Business)
- Former CB Deputy Governor appointed to COMBank Board (Category: Business)
Reuters: North Korean leader Kim Jong-il died of a heart attack while on a train trip, state media reported on Monday, sparking immediate concern over who is in control of the reclusive state and its nuclear programme. A tearful television announcer dressed in black said the 69-year-old had died on Saturday of physical and mental ...
- Kim Jong Un’s nephew Kim Han-sol reportedly taken in by CIA after dad’s murder (Category: USA, New York)
- Kim Jong Un’s nephew Kim Han-sol reportedly taken in by CIA after dad’s murder (Category: USA, New York)
- Kim Jong Un’s nephew Kim Han-sol reportedly taken in by CIA after dad’s murder (Category: USA, New York)
- Kim Jong Un’s nephew Kim Han-sol reportedly taken in by CIA after dad’s murder (Category: USA, New York)
After the recent Commonwealth Games in New Delhi, India, critics found three new words for the acronym ‘CWG’ – Corruption, Waste and lack of Governance. The Chairman of the Indian National Olympic Committee, who was Chairman of the Organising Committee, is presently in Tihar Jail, in Delhi with many of his acolytes, on charges regarding ...
- CWG bid money not wasted: Cabraal (Category: Business)
- Gold Coast wins CWG 2018 bid (Category: Breaking News)
- Sri Lanka hosting CWG would inspire 45 other nations – President (Category: Business)
- A month to go for vote, Govt. says momentum building on Hambantota’s 2018 CWG bid (Category: Business)
The Free Dictionary defines impunity as ‘exemption from punishment or loss or escape from fines’. In the context of the international law of human rights, it refers to the failure to bring perpetrators of human rights violations to justice and, as such, itself constitutes a denial of the victims’ right to justice and to bring ...
- The Need to Address Persistent Impunity for Violations and Abuses of International Human Rights ... (Category: Breaking News)
- Power: Opium of the political class (Category: Business)
- Declining Trust In A Legal System; Where The “Fence Is Eating The Crops”! (Category: Breaking News)
- Declining Trust In A Legal System; Where The “Fence Is Eating The Crops”! (Category: Breaking News)
Reuters: Italy’s president appointed former European Commissioner Mario Monti on Sunday to head a new government charged with implementing urgent reforms to end a crisis that has endangered the whole euro zone. After a frenetic weekend during which parliament passed the reforms and Prime Minister Silvio Berlusconi stepped down to the jeers of hostile crowds, ...
- Italy’s Monti defends reform as opposition grows (Category: Business)
- Italy’s Monti sees end of crisis getting closer (Category: Business)
- Crisis in Italy spurs fears of euro zone break-up (Category: Business)
- Out: politicos; in: technocrats (Category: Business)
By Chamitha Kuruppu The Janatha Vimukthi Peramuna claims spending Rs. 265 billion on an 11-day extravaganza is intolerable for an economically ailing country like Sri Lanka. Addressing a media briefing the JVP warned that the aftermath of hosting the 2018 Commonwealth Games would not be rosy as the Rajapaksa administration predicts According to JVP Propaganda ...
- Govt. takes vengeance on private sector over pension bill – JVP (Category: Business)
- JVP accuses Govt. of crippling University system (Category: Business)
- AKD’s India visit: ‘JVP will not compromise Lanka’s security and economic interets’ (Category: Breaking News)
- JVP urges public to hold Govt. accountable for “gambling with public money” (Category: Business)
PARIS (Reuters): France announced 65 billion euros of tax hikes and budget cuts over five years, as President Nicolas Sarkozy seeks to protect the country’s creditworthiness in financial markets without killing his chances of re-election in six months time. The main goal was to protect a top-notch credit rating that allows France to fund itself ...
- Sarkozy details measures for growth, jobs (Category: Business)
- Euro zone barely grows in Q3, recession looms (Category: Business)
- Voting begins in France, economy may doom Sarkozy (Category: Business)
- Euro zone crisis reaches France, turns existential (Category: Business)
Reuters: Greeks greeted the latest European Union deal to rescue their debt-choked country with deep scepticism on Thursday, fearing further painful belt-tightening and years more of recession. EU leaders struck a deal with banks and insurers early on Thursday for them to accept a 50 percent loss on their Greek government bonds under a plan ...
- Greece, creditors strive to avoid costly default (Category: Business)
- German FM: Greece needs sustainable debt by 2020 (Category: Business)
- Greek troika sees second bailout up to 145 b euros (Category: Business)
- Euro zone seals second Greek bailout worth 130 b euros (Category: Business)
The courage the Government has demonstrated in cancelling the CATIC deal and yet feeling secure, rather than embarrassed by it, must be recognised. It is a responsible step, a prudent decision, which will have enduring benefit both in terms of national policy and FDI strategy. This step will also earn the respect of the indigenous ...
- Sovereign Wealth Funds (Category: Business)
- Sector report (Category: Business)
- Unilever’s Pears to make millionaire children (Category: Business)
- Revamped Siddhalepa Ayuverda Health Resort opens (Category: Business)
U.S. presidential election all about the economy First bin Laden, now Iraq Obama shows he can answer the “3 a.m. call” WASHINGTON (Reuters): President Barack Obama delivered on another foreign policy promise on Friday with plans to pull the last U.S. troops from Iraq. But in a re
- Obama’s 2013 budget a campaign call to arms (Category: Business)
- US will ‘do what we must’ on Iran, UN’s Ban opposes threats (Category: Business)
- Obama says it’s clear US economy ‘not doing fine’ (Category: Business)
- Obama takes campaign to Latin America, slams Romney (Category: Business)
Lessons from the life and times of Steve JobsA process of education should equip young people with the values, knowledge and skills required to lead a fulfilling and productive life. Additionally, a good grounding in the fundamentals of math, science and the English language is essential. Nations have to move away from the unquestioning mode ...
- Computer great Dennis Ritchie dies at 70 (Category: Business)
- Income inequality: How the rich got richer and what politicians are doing about it (Category: Business)
- Nation branding: A holistic perspective (Category: Business)
- Impact of the Apple management change (Category: Business)
A COLLEGE drop out and global genius is dead. Steve Jobs was a very private person, eccentric and brash. He was fired from the company he founded Apple and was brought back to resurrect it and make it one of the most valuable and admired companies on earth, its stock earlier this year the most ...
- Competing for FDI: An agenda for Sri Lanka (Category: Business)
- More and better jobs: Policy prescription for South Asia (Category: Business)
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