Category: Other
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BRUSSELS, Jan 7, 2008 (AFP) – The European Union on Monday called on the Sri Lankan government to offer “substantive devolution” to Tamil rebels as fierce fighting, renewed since Colombo scrapped a ceasefire, claimed more victims.The Slovenian EU presidency voiced deep regret at the Sri Lankan government’s decision to end the truce with the rebel […]
Maldivian president escapes assassination bid: minister
Jan 8, 2008 (AFP) – The president of the Maldives, Maumoon Abdul Gayoom, escaped an assassination attempt Tuesday, a senior minister told AFP. “The president was greeting people when a young boy pulled out a knife and tried to stab him in the stomach,” Information Minister Mohamed Nasheed said by telephone from the island capital […]
Maldives president saved by 15 year old: report
Jan 08, 2008 (LBO) – Maldives president Maumoon Abdul Gayoom was saved by a 15-year old youth as he was stabbed by a man who had a knife concealed inside a national flag, a report said. The boy Mohamed Jaisham was treated for injuries to his hand, Minivan News, an online news service from the […]
Iran to have bigger budget despite 19 percent inflation amidst massive oil subsidies
TEHRAN, Jan 7, 2008 (AFP) – President Mahmoud Ahmadinejad said Monday he was seeking a 17 percent spending increase in the budget for the next Iranian year, amid concerns the government’s expansionary policies are stoking inflation.Unveiling his budget plan to parliament, Ahmadinejad argued that ordinary people in OPEC’s number two oil producer needed to see […]
China defends sovereign wealth funds
BEIJING, Jan 7, 2008 (AFP) – China defended the role of sovereign wealth funds, responding to fears that its own fund, China Investment Corp, might destabilise global markets, state media said Monday.It is in charge of 200 billion dollars — roughly one seventh of China’s forex reserves — and could potentially see even more funds […]
Maldive Island hopper jumps to India
January 07, 2008 (LBO) – The Republic Island of Maldives will resume international flights with state-run Island Aviation Services due to fly to the Indian city of Trivandrum later this month, officials said.Island Aviation Services (IAS), a domestic carrier, will operate daily schedule flights from January 25, using a turboprop DeHavilland Cananda ‘Dash8′ aircraft between […]
Sri Lanka should fund sustainable agri changes instead of subsidies: think tank
Jan 07, 2008 (LBO) – Sri Lanka’s government should divert funds from agriculture subsidies to improving market linkages of rural farmers on the lines of successful models built by firms like Hayleys and MAS Tropical Food Processors, a new study said. The island has much potential to develop its spices sector mainly consisting of over […]
High oil price will last until March: OPEC president
ALGIERS, Jan 5, 2008 (AFP) – The high price of oil will continue until the end of March 2008, the president of OPEC said Saturday.“The surge in price will probably endure until the end of the first quarter of 2008, before stabilising during the second quarter,” the Algerian Energy Minister Chakib Khelil — who is […]
” in Mideast, S. Asia: minister
LONDON, Jan 6, 2008 (AFP) – Britain is planning a “diplomatic surge” in the Middle East and south Asia to help counter extremism and nuclear proliferation, Foreign Secretary David Miliband said in an article published Sunday. Writing in The Sunday Times, Miliband said 2008 would “show in word and deed” what Prime Minister Gordon Brown […]
New Singapore terminal to bolster air hub status: analysts
SINGAPORE, Jan 6, 2008 (AFP) – Singapore will Wednesday open an ultra-modern new 1.2-billion-dollar airport terminal that industry analysts say will reinforce the city-state’s position as a regional aviation hub.Terminal 3, which boasts a five-storey vertical garden with waterfalls, will receive its first passengers just months after a new terminal opened in Hong Kong and […]
The sniper of Baghdad
BAGHDAD, Jan 5, 2008 (AFP) – Through the sights of a high-powered rifle the silhouette of a soldier takes shape in the window of a concrete watchtower.A shot rings out and the body collapses like a puppet, falling from view. Juba has struck again. A new video of the mysterious marksman of the Islamic Army […]
