Political supporters clash in Sri Lanka over arrested general

Sri Lankan police used tear gas to disperse government supporters and thousands of opposition protesters demonstrating against the arrest of the losing presidential candidate on Wednesday. At least eight people were injured when opposition and ruling party supporters clashed at the protest outside the island nation’s Supreme Court, officials said. Former army commander General Sarath… Continue reading Political supporters clash in Sri Lanka over arrested general

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Q+A-Sri Lanka’s Rajapaksa tests popularity with parliament poll

Sri Lanka’s newly-re-elected President Mahinda Rajpaksa has dissolved parliament and called elections on April 8, hoping to cash in on his popularity following the end of the 25-year war against Tamil separatists.[ID:nSGE6180CF] Here are some questions and answers on the political and economic implications WHY WAS THE PARLIAMENT DISSOLVED NOW? Parliament’s term was ending this… Continue reading Q+A-Sri Lanka’s Rajapaksa tests popularity with parliament poll

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FACTBOX – Facts about arrested Sri Lankan general Fonseka

Sri Lanka’s defeated presidential candidate General Sarath Fonseka on Tuesday was in the custody of the army he led to victory in a 25-year war in May, under investigation for "certain fraudulent acts and other military offences committed by him," the military said. Here are some key facts about Fonseka: * Fonseka, 59, is a… Continue reading FACTBOX – Facts about arrested Sri Lankan general Fonseka

Sri Lanka president vows to regain progress lost in war

Sri Lanka’s newly re-elected president vowed on Thursday to regain the progress lost in a quarter-century war with the Tamil Tigers separatists by boosting the country’s economy and unifying its people. Speaking at Sri Lanka’s first independence day since the end of the civil war last year, Mahinda Rajapaksa also signalled that he would not… Continue reading Sri Lanka president vows to regain progress lost in war

Russia to lend post-war Sri Lanka $300 mln for arms

Sri Lankan president Mahinda Rajapaksa left on Saturday for Moscow, where he will sign a $300 million (192 million pound) loan to buy military equipment from Russia, despite an end to his country’s quarter-century civil war. Sri Lanka defeated the Liberation Tigers of Tamil Eelam (LTTE) in May in a final offensive that prompted allegations… Continue reading Russia to lend post-war Sri Lanka $300 mln for arms

FACTBOX-Five political risks to watch in Sri Lanka | Reuters

Sri Lankan President Mahinda Rajapaksa won a landslide re-election on Jan. 26, putting him firmly in charge of the Indian Ocean island nation he led to victory in a quarter-century war in May. Following is a summary of key risks to watch in Sri Lanka: * POLITICS Rajapaksa is proceeding full speed ahead toward parliamentary… Continue reading FACTBOX-Five political risks to watch in Sri Lanka | Reuters

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Sri Lanka president gets extra year in power – officials

Sri Lanka’s supreme court on Tuesday ruled President Mahinda Rajapaksa can begin his newly-won six-year term in November, giving him an extra year in power after he called polls two years before his first term expired. "The Supreme Court says the new term begins on Nov. 19 this year," an official in the president’s office… Continue reading Sri Lanka president gets extra year in power – officials

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Sri Lanka shares at new record on post-poll buying

Sri Lankan shares hit a new record on Monday as retail investors bought shares in heavy trade, banking on post-election stability and economic recovery after President Mahinda Rajapaksa’s re-election on last week. The All-Share Price Index of the Colombo Stock Exchange jumped 1.86 percent to touch a new record high of 3704.20 points, surpassing a… Continue reading Sri Lanka shares at new record on post-poll buying

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Sri Lanka president to dissolve parliament

Re-elected President Mahinda Rajapaksa will dissolve parliament shortly and call a legislative election, his office said Thursday, in a move that would let him reshape the unwieldy coalition now backing him. Rajapaksa won a thumping victory on Tuesday over his former army commander, General Sarath Fonseka, in the Indian Ocean island’s first nationwide election since… Continue reading Sri Lanka president to dissolve parliament