BRUSSELS (Reuters): Rising tensions with India and China over the European Union’s “arrogant” law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said last week. They also said they had prepared contingency plans for a possible exit of Greece from the euro, as part ...

The economy grew at 8.3% last year, the highest-ever pace, up from 8.0% in 2010. Per capita income went up from US$ 2,400 to $ 2,836. Fine, but we need to ask two questions: What are the costs incurred? Is this growth sustainable? Before that, a word of caution regarding the interpretation of Gross Domestic ...

REUTERS: Global growth is slowly improving as the US recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday. Another flare-up of the eurozone sovereign debt crisis or sharp escalation in oil prices on geopolitical uncertainty could disrupt a world ...

As all eyes are focused on Sri Lanka with the deciding vote taking place on Thursday in Geneva, the thought that crossed my mind was the power of the Diaspora and how world politics can shape the destinies of small countries like Sri Lanka. Whilst some can argue it is unfair, the reality is that ...

Tim Hudak belatedly pushed subways to the top of his political agenda this week and is riding to Rob Ford’s rescue at warp speed.

Premier Dalton McGuinty is brushing aside Mayor Rob Ford’s charge that it would be “political suicide” not to run the Eglinton Ave. LRT fully underground.

The newly drawn 66th Assembly District in the South Bay 'is a classic swing district,' one political consultant says. Candidates — Democrat and Republican — even downplay party affiliation.Lots of candidates need a Rob Katherman this year.

Rob Borbidge remembers his time as premier - even if the LNP ignores that part of Queensland's political history.

Sydney Morning Herald: This summer’s tri-series will be played amid a backdrop of a pay dispute which sees Sri Lanka’s players owed as much as $US 5million ($4.71 million) due to a cash crisis within the country’s governing body. As Mahela Jayawardene’s team battle the world’s top two ODI sides on the field during this ...

  Sri Lanka Cricket Board President Upali Dharmadasa has backed the major changes announced recently in the cricket management and team. In a statement to the media Dharmadasa said that the changes were required to take Sri Lanka cricket forward. The statement said : “Many seem to criticize Sri Lanka Cricket for the Changes we ...

Justice C. V. Wigneswaran, former Judge of the Supreme court of Sri Lanka talks to ‘Daily Mirror’ on the current state of judiciary, countering human rights allegations leveled against Sri Lanka and the reconciliation process after the end of the war. Q: There is a widely held perception that the judiciary of this country is politicised and ...

What do nation states do when their politicians ruin their economies by serial lying to the voters, running up huge domestic and international financial deficits, uncontrolled corruption, cannot keep interest rates at reasonable rates, cannot control inflation nor hold the exchange rate steady and run the country on an unsustainable basis, depending on what has ...

Four of Gov. Nikki Haley’s staff members will testify about a state agency’s controversial decision to allow a Georgia port to expand after a state Senate panel took the unprecedented step Friday of subpoenaing them.“Yes, we will testify,” Rob Godfrey, Haley’s spokesman, said Friday. “And these senators will confirm, again, what they already know to be tru...

WASHINGTON (Reuters): President Barack Obama will press European Union officials on Monday to reach a definitive solution to their sovereign debt crisis which is emerging as a major 2012 U.S. election worry. As Germany and France scramble to tighten budget controls across the euro zone, European Council President Herman Van Rompuy and European Commission President ...

A strong start to the U.S. shopping season and fresh proposals for a far-reaching solution to Europe’s debt crisis sent stocks sharply higher today. The Dow Jones industrial average soared 300 points in afternoon trading, making up more than half of the ground it lost last week.Initial reports show a record number of shoppers hit the mall or bought gifts online during the holiday weekend. ...

BANGKOK (AFP): Thailand’s worst floods in decades have jolted a global supply chain already straining under the impact of Japan’s tsunami, as deluged factories threaten some of the kingdom’s key export industries. The floods have killed about 300 people, damaged one-tenth of Thailand’s rice paddy and made major roads north of Bangkok impassable. Toyota, Ford, ...

Rob Ford has seen his approval rating drop to the lowest level in his short mayoralty term as Toronto residents show displeasure over how the rookie mayor has handled the 2012 budget crisis.

President Mahinda Rajapaksa will inaugurate tomorrow the three-day Rotary South Asia Conference for Development and Cooperation hosted by Sri Lanka. The President will address the ceremonial inauguration on Sunday at 9 a.m. at Galadari Hotel whilst the conference will be held at Cinnamon Grand. Around 300 delegates and speakers of repute from the corporate and ...

Highly respected Managing Director and Editor in Chief of The Hindu N. Ram will be in town over the weekend to actively participate at the Rotary South Asia Conference on Development and Cooperation in Colombo from 4-6 September. Ram will moderate the first plenary session titled “Reaching within – Bonding South” on the inaugural day ...

Several big names in business, medicine and civil society spheres are coming to Sri Lanka to attend the Rotary South Asia Conference on Development and Cooperation in Colombo from 4-6 September. Overall around 300 delegates and speakers of repute from the corporate and state sectors from the South Asia region, comprising countries, India, Pakistan, Bangladesh, ...

Reuters: Emerging markets will not save the world if the West slides back into recession. In an interconnected global economy, decoupling is a beguiling myth. As fears mount that the developed world is shifting from slow growth to no growth, emerging markets seem to many economists better placed to weather the storm than they were ...

By an Independent Analyst The State Assembly of Tamil Nadu (TN) passed a resolution on 8 June 2011, requesting the Indian Central Government to push the international community against Sri Lanka towards imposition of ‘economic sanctions’.  The resolution at the TN assembly moved by Jayalalitha as the Chief Minister passed unanimously with the ruling party ...

These are disastrous times for millions of people, and our zero-sum money system can only enrich the few by bringing pain to the many. Can we build an economic policy out of our shared crisis and find a common purpose in its solution? Read more: Jared Bernstein, Kanye West, Chuck D, Representative Currency, History of Money, Otis Redding, John Lennon, Rob Johnson, William ...

Hundreds of political leaders, judges, lawyers and ordinary South Carolinians are expected to gather today to honor the late Judge Matthew J. Perry Jr., a civil-rights lawyer and jurist who led the legal fight to overturn segregation in South Carolina and earned a place as one of the state’s transformational political figures. The 11 a.m. funeral at Brookland Baptist Church will include a eul...

Mark Quinn, host of “The Big Picture,” ETV’s program that aired on TV and radio, has left the station to become the director of public and member relations at the Electric Co-Operatives of South Carolina.Taped episodes of the program will air through the summer, ETV’s Rob Schaller said. A replacement will be named. Staff reports

When provincial political leaders go to St. Thomas during this fall's election they will see first-hand the economic struggle that lies ahead.

By Dr.Vickramabahu Karunaratne We are happy to see that this May Day has become a day to challenge the Oppression of Mahinda state. Many strong trade unions have come together to challenge the chauvinist pro global capitalist government. Government is...

Nationalism, Cricket and the Religio-Politics of Sport On social networking sites, such as Facebook, debates about the usefulness of the boycott were pervasive. Some members of the diaspora argued that supporting the Sri Lankan cricket team against India in the...

- UTILITY APOLOGIZES FOR ERROR IN RADIATION DATA. The operator of Japan's stricken nuclear plant reports that radioactivity in water in the Unit 2 reactor tested 10 million times higher than normal, forcing the evacuation of workers and delaying efforts to bring the complex under control. But hours later it says the number is inaccurate and apologizes. Tokyo Electric Power Co. says it is unsure wh...

By MEL GUSSOW Elizabeth Taylor, the actress who dazzled generations of moviegoers with her stunning beauty and whose name was synonymous with Hollywood glamour, died on Wednesday in Los Angeles. She was 79. A spokeswoman at Cedars-Sinai Medical Center said...