The Lanka Academic

MAY 24, 2010 EST, USA
VOL. 11, NO. 48


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2010 General Election Results
Headline Summary
F R E E      C L A S S I F I E D S
T  O  P      H  E  A  D  L  I  N  E
EU might not revoke Sri Lanka trade boon-minister
reuters, May 25. UNITED NATIONS, May 24 (Reuters) - Sri Lanka could still avoid the withdrawal of European Union trade concessions over its human rights record following two rounds of talks with Brussels, the Asian country's foreign minister said on Monday. The EU is due to cancel in August a trade preference amounting to $150 million annually that helps Sri Lanka's top export, garments, after finding the country failed to adhere to a number of rights conventions required under the scheme. More...
Published: Mon May 24 22:11:16 EDT 2010

Sri Lanka Says Iran May Lend $1.5 Billion to Expand Refinery
Bloomberg, May 25. May 24 (Bloomberg) -- Sri Lanka, which imports all its oil, may get a $1.5 billion loan from Iran to fully fund a project to double capacity at the South Asian island’s only refinery, the petroleum minister said. “The earlier understanding was for us to come up with 30 percent, but Iran may come in to completely finance the expansion,” Susil Premajayantha said in an interview in the capital Colombo. Sri Lanka plans to start the two-year construction to increase state-run Ceylon Petroleum Corp. refinery’s processing capacity to 100,000 barrels a day by early 2011, Premajayantha said May 21. China Huanqiu Contracting and Engineering Corp. has submitted a proposal to set up a refinery in Sri Lanka’s southern Hambantota district that would export products, he said. More...
Published: Mon May 24 22:12:07 EDT 2010 Back to the top

A bitter peace
ABC, May 24. The end of May marks the first anniversary of the end of Sri Lanka's long running and seemingly intractable civil war. This time last year, current President Mahinda Rajapakse announced victory for the government over the Liberation Tigers of Tamil Eelam and the death of its elusive leader Velupillai Prabhakaran who had waged an armed rebellion for an independent Tamil state for over 26 years. Such a juncture after decades of persistent violence was heralded as the dawn of a new era that offered the war-ravaged island a chance at peace. More...
Published: Sun May 23 21:56:02 EDT 2010 Back to the top

Key political risks to watch as Sri Lanka mulls reforms
GulfTimes, may 25. Sri Lanka has just celebrated the first anniversary of victory over the Tamil Tiger separatists, which ended a three-decade war and ushered the Indian Ocean nation into the ranks of Asia’s emerging frontier markets... Back to the top

Statement at the Conclusion of the IMF Staff Mission to Sri Lanka
IMF, May 24. An International Monetary Fund (IMF) mission led by Mr. Brian Aitken visited Colombo May 12-21 to hold discussions on performance and policies under the $2.6 billion Stand-By Arrangement, approved on July 24, 2009... Back to the top

Head off the phantom Tigers’ Canadian base - Editorial
Globe and Mail, May 25. A secessionist Tamil government-in-exile, with the largest bloc made up of Canadian Tamils, will not improve the life of their brethren in Sri Lanka, and will only succeed in impeding that country’s ability to rebuild after its recent bloody history... Back to the top

Vettori: US a success, may 25. New Zealand captain Daniel Vettori has declared the drawn two match Twenty20 series in Florida a success, despite concerns over the pitch... Back to the top

No visa rule again from July
The Star, may 25. PUTRAJAYA: Malaysia will once again offer transit travellers from Sri Lanka, Pakistan, India and Bangladesh a chance to visit the country without the need for a visa... Back to the top

Teen runaway Rifqa Bary now fighting cancer
Orlando Sentinal, may 25. Fathima Rifqa Bary, the Muslim teenager from Columbus, Ohio, who converted to Christianity and ran away to Orlando, is being treated for uterine cancer... Back to the top

Is the U.N. complicit in Sri Lankan war crimes?
Foreign Policy, May 25. Louise Arbour, the head of the International Crisis Group, called for an internal review of the U... Back to the top

Sri Lanka level series
SkyNews, May 23. Sri Lanka hit back in convincing style to level the Pearls Cup series after a seven-wicket victory over New Zealand... Back to the top

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