Category: Other
Sri Lanka tea prices fall sharply
Nov 28, 2008 (LBO) – Sri Lankan tea prices at the Colombo auction fell sharply this week with large quantities unsold indicating the crisis caused by the sudden collapse in demand last month was continuing. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Brokers said that prices […]
White House offers help to India after attacks
WASHINGTON, November 27, 2008 (AFP) – The White House on Wednesday held a meeting of top intelligence and counter-terrorism officials after the deadly attacks in Mumbai and said it stood ready to help the Indian government. “This afternoon, the White House National Security Council convened officials from counterterrorism and intelligence agencies as well as the […]
‘s stock markets shut due to attacks
MUMBAI, November 27, 2008 (AFP) – India’s stocks and commodity exchanges will be closed on Thursday due to the coordinated attacks by gunmen across India’s commercial capital Mumbai, a spokesman said. “Considering the prevailing abnormal situation and the government’s advice” for people to remain indoors, “it has been decided to keep the markets closed for […]
100 killed, foreigners taken hostage in Mumbai attacks
MUMBAI, November 27, 2008 (AFP) – Army commandos laid siege Thursday to two luxury hotels in Mumbai where gunmen held foreign guests hostage as part of coordinated attacks across India’s financial capital that left up to 100 dead. A group calling itself the “Deccan Mujahedeen” claimed responsibility for the attacks late Wednesday night on the […]
Indian commandos battle Islamist gunmen, over 100 dead
MUMBAI, November 27, 2008 (AFP) – Indian army commandos were Thursday battling Islamist gunmen who launched coordinated attacks against luxury hotels and other targets in Mumbai, taking foreign hostages and killing over 100 people.One of the gunmen holed up in the Oberoi/Trident told the India TV channel by phone that they wanted an end to […]
Sri Lanka tea farmers demand govt support
Nov 26, 2008 (LBO) – Sri Lanka’s tea small holders are pressing for government support to save the industry from ruin after demand dropped and prices crashed at auctions in Colombo.To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Chandrasena Wijesinghe, convenor of the Joint Federation of Tea […]
IMF board approves 7.6 billion dollar credit to Pakistan
WASHINGTON, November 24, 2008 (AFP) – The International Monetary Fund said Monday its executive board approved a credit of 7.6 billion dollars for Pakistan, the Fund’s first rescue in Asia since the global financial crisis began. The credit will “support the country’s economic stabilization program,” the IMF said in a brief statement. The Fund and […]
Sri Lanka tea prices down; quality improves, volumes fall
Nov 20, 2008 (LBO) – The quality of black tea production in Sri Lanka has improved while quantities are coming down, as producers tightened standards in response to the crisis caused by the collapse in prices, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 “Reduced […]
Property Lure
Nov 19, 2008 (LBO) – Several Sri Lankan government institutions are scrambling to get land in a government property near the capital Colombo whose ownership reverted back to the state on a recent court order, a senior official said Court had ordered how the land could be used for its original flood retention purposes. Ramanujam […]
Slave labor reality of Sugar-cane ethanol
SAO PAULO, November 17, 2008 (AFP) – The cost of slave labor in sugar cane fields should not be overlooked when promoting the virtues of ethanol, the Roman Catholic Church said Monday, as an international conference on biofuel got under way in Brazil. “Without taking such (human) cost into account, you cannot promote the relative […]
Floods under Antarctic ice speed glaciers into sea: study
PARIS, November 17, 2008 (AFP) – Scientists unveiled Sunday the first direct evidence that massive floods deep below Antarctica’s ice cover are accelerating the flow of glaciers into the sea.How quickly these huge bodies of ice slide off the Antarctic and Greenland land masses into the ocean help determine the speed at which sea levels […]
Sri Lanka sea pollution increasing
Nov 17, 2008 (LBO) – Pollution of the seas around Sri Lanka is increasing mainly because of pollutants from land, the Marine Pollution Prevention Authority (MPPA) has warned.MPPA chairman Ranjith Kularatne said most people were not aware that 90 percent of the pollution of the island’s waters came from activity on land. These include pollutants […]