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DateLine Friday, 3 October 2008

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Security: Air Force bombs Tiger military HQ ...        News: US Senate passes bailout ...       Business: BoI optimistic of US$ 1b FDI target for 2008 ...        Sports: ICC moves to douse fire ...

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Yapahuwa. Picture by Suminda Fonseka


Thought for the Day

Money doesn’t seem to be a problem, when the problem is money.
- Norwegian PM Jens Stoltenberg

 

No ‘Bailout’ for the world’s poorest

As a spreading financial crisis threatens to deepen the economic recession in the United States, the news of an unprecedented 700-billion-dollar bailout package reverberated through the corridors of the United Nations last week as over 100 world leaders gathered in New York for the annual talk-fest: the 63rd session of the General Assembly.

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The crisis of capitalism

Capitalism is wonderful, or so we are told by those who prosper mightily by using other people’s money to gamble in financial markets to make immense profits.

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Defence Column : Wanni liberation enters most crucial stage

All guns are now directed towards the centre of Kilinochchi as troops have already marched into its doorstep taking the outer periphery of this highly defended town which stretches from Iranamadu area within the 60 mm and 80 mm mortar range of the Security Forces. They are getting ready to assault the inner areas of Kilinochchi.

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