Chinese media attack US over debt battle
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BEIJING, (AFP) – Chinese media attacked the United States over its debt wrangling Friday, warning that “irresponsible” lawmakers could depress the value of the dollar, fuel global inflation and plunge the world into another recession.
The United States must raise the $14.3 trillion debt ceiling by August 2 or risk defaulting on its repayment obligations, a move that would send seismic shocks through the global economy.
India, Maldives cooperating on piracy, terrorism, drug trafficking issues: Krishna
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Stating that both India and Maldives understand the importance of cooperation in the field of defense and security and are determined to work jointly to safeguard their respective security interests, External Affairs Minister S.M. Krishna on Thursday said the two nations are cooperating on the issues of piracy, terrorism, drug trafficking and other possible threats.
Culinary art show
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Economic Development Minister Basil Rajapaksa was the Chief Guest at the inauguration ceremony of ‘Culinary Art 2011’ held at the Bandaranaike Memorial International Conference Hall (BMICH) yesterday.
Sri Lanka’s deaf march for equal rights, jobs
AP:About 1,000 deaf Sri Lankans took to the streets of capital Colombo on Friday to demand equal rights, social recognition and more sign language translators, with an official saying only about four are currently qualified.
Fresh support from ADB, JICA and WFP
By Uditha Jayasinghe
Three international agencies are giving the Government assistance totalling around US$ 130 million, which was approved by the Cabinet this week.
On a proposal made by the President, loan negotiations are to be held with the Asian Development Bank on 3 and 4 August 2011 to obtain financial assistance amounting to US$ 59 million (approximately Rs. 6.5 billion) to improve the local government infrastructure and service delivery through implementation of the ‘Pura Neguma – Local Government Enhancement Project’.
Navy denies allegations of attacks
Rescues defective Indian Fishing Trawler in distress off Delft
The Sri Lanka Navy categorically denies the allegation that the SLN personnel attacked a group of 30 Indian fishermen in the high seas off the coast of Rameshwaram on Thursday 28 July 2011, said a statement issued by the Sri Lankan Navy.
CEB insists no bill increase for households
Establishes hotline for complaints, explains rationale in statement
The Ceylon Electricity Board (CEB) yesterday insisted that electricity charges for households using less than 120 units a month would remain unchanged and initiated a hotline for complaints.
Karu to only unite party?
No indication that Wickremesinghe will step down as leader
Despite moves by top UNP members to appoint Co-Deputy Leader Karu Jayasuriya to the top position there are strong indications that current leader Ranil Wickremesinghe is not ready to step down.
Revel, relax and rejuvenate
Hikka fest returns with more entertainment this weekend
It seems like this will be a weekend to remember. When the drums play its rhythmic beats and waves crash on the sandy shore get ready to celebrate life in style at Hikkaduwa, a location known for sun, fun and entertainment.
Will you be there?
EACT to raise Rs. 100 million to provide consistent education to underprivileged children
By Roshenka de Mel
Perhaps you’ve received a chunky white envelope in the mail of late, within lies what appears to be a child’s brown paper exercise book, but on closer inspection it is an invitation from the Educate A Child Trust (EACT).
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