Category: Economy and Markets
Bombs kills eight in Sri Lanka, Norway in fresh salvage bid
Apr. 17 (AFP) – At least eight people were killed in a wave of blasts in Sri Lanka Monday as Tiger rebels suspended their participation in ceasefire talks, military officials said.Peace broker Norway planned to send special envoy Jon Hanssen-Bauer to Sri Lanka Tuesday as part of efforts to save a tottering truce and prevent […]
Sri Lanka’s Central Bank scrambles to satisfy unprecedented cash demand
Apr.17 (LBO) – Sri Lanka’s Central Bank scrambled to cater to an unusually heavy demand for currency notes over the April festive holiday season.Commercial bankers say they were surprised to find the Central Bank returning old currency notes sent by the banks earlier with their seals intact. “Usually Central Bank gives us machine-strapped bundles sorted […]
Blasts dim Sri Lanka peace hopes amid fresh attacks
Apr.16 (AFP) – Suspected Tamil Tiger rebels Sunday wounded two soldiers with a landmine attack in Sri Lanka’s northern Jaffna peninsula, the defence ministry said, the latest in a series of blasts which have killed 55 people in the past week. The government’s top peace negotiator said the Liberation Tigers of Tamil Eelam (LTTE) have […]
Sri Lanka peace hopes dim as Tigers suspend Swiss talks
Apr. 16 (AFP) – Sri Lanka’s Tiger rebels Sunday suspended their participation at Swiss talks on saving their troubled truce, dimming prospects for peace as the death toll from landmine attacks in the past week rose to 55. The Liberation Tigers of Tamil Eelam (LTTE) said in a letter to peace broker Norway that they […]
Mines found in Sri Lanka ahead of talks
Apr.15 (AFP) – Sri Lankan troops arrested a man trying to plant two Claymore mines near a military checkpoint Saturday as peace broker Norway announced a five day delay for truce talks. The mines were found along the main highway in the north of the island at Omanthai, a military official said. The arrest came […]
Sri Lanka says doubts rebels want talks to save ceasefire
Apr.15 (AFP) – Sri Lanka Saturday expressed “serious doubts” about whether Tamil Tiger rebels want to go ahead with talks due to be held in Swizterland that are aimed at saving a fragile ceasefire. The two days of talks were scheduled to be held in Geneva from April 24 after being postponed for five days […]
Sri Lanka truce talks dim as blasts kill seven
Apr. 15 (AFP) – Suspected Tamil Tigers detonated two mines in Sri Lanka Saturday, killing seven security personnel as both the government and the rebels cast fresh doubts over plans to resume truce talks. -Amal Jayasinghe: win98win@Â The first mine hidden in a parked farm vehicle was detonated as a bus full of troops drove […]
Norway clinches new dates for Sri Lanka talks
Apr.14 (AFP) – Peace broker Norway announced Friday that talks between the Sri Lankan government and Tiger rebels, under threat from a new wave of violence, would go ahead five days later than scheduled.The negotiations in Geneva were originally due to open on April 19, but the rebel Liberation Tigers of Tamil Eelam (LTTE) said […]
‘s New Year
Apr.14 (AFP) – Two people were killed in fresh violence in Sri Lanka’s restive east on the traditional New Year day Friday and an indefinite curfew was clamped to maintain law and order, police said.The killing of a motorist sparked fresh rioting in the troubled port town of Trincomalee where police slapped the curfew after […]
Blast and curfew mars Sri Lanka’s New Year
Apr.14 (AFP) – Two people were killed in fresh violence in Sri Lanka’s restive east on the traditional New Year day Friday and an indefinite curfew was clamped to maintain law and order, police said.The killing of a motorist sparked fresh rioting in the troubled port town of Trincomalee where police slapped the curfew after […]
Sri Lanka Tigers seek to postpone Swiss talks
Apr.13 (AFP) – Sri Lanka’s Tamil Tiger rebels Thursday called for a postponement of ceasefire talks scheduled for next week in Switzerland amid an upsurge in violence that has killed 38 people this week.The Liberation Tigers of Tamil Eelam (LTTE) said the three-day talks due to start next Wednesday cannot go ahead and they want […]
Sri Lanka accuses rebels of targeting civilians
Apr.13 (AFP) – Tamil Tiger rebels have begun targeting civilians with a bomb attack on a crowded market that killed 17 people, the Sri Lankan government charged Thursday in a fresh battering for peace hopes.Government spokesman Rohitha Bogollegama said the rebel Liberation Tigers of Tamil Eelam (LTTE) hit the main vegetable market in Trincomalee on […]