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China's 'New Silk Road' Is Derailed In Sri Lanka By Political Chaos And Violent Protests

China's 'New Silk Road' Is Derailed In Sri Lanka By Political Chaos And Violent Protests: It was supposed to be a great new catalyst of transportation, manufacturing, and trade that would be used to stimulate growth in Sri Lanka’s remote Hambantota district. The dream was for Sri Lanka, China, and other nations to join together in the building of a new international city that would rise up from the southern jungles that could complement booming Colombo, a 250 kilometer driver to the northwest. Instead, Sri Lanka found itself with an array of cash-hemorrhaging, half-developed infrastructure projects that are on the verge of becoming white elephants, large amounts of international debt, and a highly unstable political and social social situation.
China's 'New Silk Road' Is Derailed In Sri Lanka By Political Chaos And Violent ProtestsSocialTwist Tell-a-Friend

Sri Lanka, Philippines and the ancient Mayan city hold some of the world’s best-kept travel secrets

Sri Lanka, Philippines and the ancient Mayan city hold some of the world’s best-kept travel secrets: JAFFNA in the North of Sri Lanka, El Nido Pangalusian Island in the Philippines and the ancient Mayan city of Yaxchilan in Mexico have been named as some of the world’s best-kept travel secrets.

With locations spanning the globe, from tiny towns to palm-flecked beaches, the top 20 list of the world’s best-kept hidden gems has revealed some lesser known beauty spots.
Sri Lanka, Philippines and the ancient Mayan city hold some of the world’s best-kept travel secretsSocialTwist Tell-a-Friend

IndiGo Airlines flight troubled by Sparking Samsung Note2

IndiGo Airlines flight troubled by 'sparking phone' - Sri Lanka News: IndiGo, flight 6E-054 from Singapore to Chennai was troubled by a Samsung Note 2, which started sparking.

The passengers had immediately informed the aircraft’s cabin crew when smoke emerged from an overhead luggage compartment. When opened, it was revealed that the smoke had emerged from a phone (Samsung Note 2), in a piece of hand luggage.

The crew had tackled the situation by using a fire extinguisher and later the phone was put in a bucket of water in the plane’s toilet and had kept there until the aircraft landed.
IndiGo Airlines flight troubled by Sparking Samsung Note2 SocialTwist Tell-a-Friend

Sri Lanka economic freedom falls amid 'debilitating' corruption: Heritage Foundation | Economynext

Sri Lanka economic freedom falls amid 'debilitating' corruption: Heritage Foundation | Economynext: Sri Lanka has dropped in a ranking of economic freedom compiled by US-based Heritage Foundation mostly on corruption perceptions, though marginal gains were shown in trade and business freedoms.

The report noted that Sri Lanka has made a 'notable economic transition from fragility to relative stability,' and 'political reconciliation and economic transformation have been strengthened by measures that support long-term development and competitiveness'.

"Economic reforms undertaken to improve Sri Lanka’s macroeconomic stability and potential for growth include strengthening the management of public finance and structural reforms to foster a more dynamic private sector," the 2017 Index of Economic Freedom noted.

"However, a weak judiciary continues to undermine property rights, and the perceived level of corruption is debilitating."
Sri Lanka economic freedom falls amid 'debilitating' corruption: Heritage Foundation | EconomynextSocialTwist Tell-a-Friend

Foreign Secretary Jaishankar praises Indian-origin Tamils for being in the Sri Lankan mainstream- The New Indian Express

Foreign Secretary Jaishankar praises Indian-origin Tamils for being in the Sri Lankan mainstream- The New Indian Express: “Today, we are Sri Lankan in every way, but without losing our identity as a people of Indian origin,” said Mano Ganeshan, who is a cabinet minister of National Dialogue and National Languages. �����

Jaishankar told the TPA leaders that the number of houses allotted for plantation Tamils of Indian origin under the Indian Housing Project will be increased from the present 4000.

Each beneficiary is given LKR 900,000 to build a house. And thanks to the efforts of the TPA, plantation workers now get land deeds with which they will be able to apply for assistance under the Indian Housing Scheme. Jaishankar also promised to expedite work on the much needed Indian-funded hospital at Dickoya.
Foreign Secretary Jaishankar praises Indian-origin Tamils for being in the Sri Lankan mainstream- The New Indian ExpressSocialTwist Tell-a-Friend

India will not press for merger of north, east Sri Lankan provinces: Jaishankar- The New Indian Express

India will not press for merger of north, east Sri Lankan provinces: Jaishankar- The New Indian Express: India will not be pressing Sri Lanka to merge the Northern and Eastern Provinces to form a single Tamil-majority, Tamil-speaking province as envisaged by the India-Sri Lanka Accord of 1987, the Indian Foreign Secretary S.Jaishankar told the Tamil National Alliance (TNA) here on Monday.

He was reacting to a demand made by the leader of the Eelam Peoples’ Revolutionary Liberation Front (EPRLF) Suresh Premachandran, that India should honor its promise to keep the North and East united. It had even said that it would not allow a referendum to be held on the issue. When the united province was de-merged in 2006 by a Supreme Court order, India did not protest saying that it was for the Sri Lankan government to appeal against the judgment. India had clearly lost interest in the issue. Its interests lay elsewhere in Sri Lanka.
India will not press for merger of north, east Sri Lankan provinces: Jaishankar- The New Indian ExpressSocialTwist Tell-a-Friend

Dhoni out of Indian Premier League team

Dhoni out of Indian Premier League team: Rising Pune Supergiant today announced the appointment of Steve Smith as their new captain for the forthcoming edition of IPL season 10," a team statement said.

Team owner Sanjiv Goenka said Dhoni "is supportive of the decision, keeping the franchise’s best interests in mind".

Under 35-year-old Dhoni’s captaincy, the Pune team finished second last in their debut IPL season in 2016, winning only five games and losing nine.

Dhoni scored 284 runs in 12 innings at a strike rate of 135 while 27-year-old Smith, who captains Australia in all formats, hit 270 in seven at a 153-strike rate.
Dhoni out of Indian Premier League team SocialTwist Tell-a-Friend

The world is at risk - International Conference on Climate Change points out - Sri Lanka News

The world is at risk - International Conference on Climate Change points out - Sri Lanka News: What might happen in a world where water and food are luxuries?

The answer is that the majority of the world’s population will die of hunger or without water as not all�will be able to afford these basic needs. As a result, the economies will fall and countries will find it had to prosper. This situation is a�reality we�should look forward to in another ten to fifteen years, considering the current rate of global warming.

Global warming is one of the biggest problems prevailing in the world as the production of carbon dioxide and other greenhouse gases are having a heating effect on the atmosphere, which could be very dangerous for human life.

The ‘global average temperature’ should ideally be at 2� C, but at the current level it has passed 1� C.
The world is at risk - International Conference on Climate Change points out - Sri Lanka NewsSocialTwist Tell-a-Friend

Sri Lanka in no rush to sell sovereign bond: Finance Minister | Economynext

Sri Lanka in no rush to sell sovereign bond: Finance Minister | Economynext: "We just got the (cabinet) approval to do so," Karunanayake said.� "We are not running after it, we will see what the best position is to do so."

He said Fitch Ratings has upgraded the outlook on Sri Lanka's credit rating to 'stable' from 'positive', recognizing improvements in financial discipline, despite external uncertainty.

There was also expectations of an 'imminent' Federal Reserve rate hike, he said.

Sri Lanka has also missed some structural benchmarks and could miss at least one performance criteria in a deal with the International Monetary Fund, though the main thrust involving the improvements in the budget is on track.
Sri Lanka in no rush to sell sovereign bond: Finance Minister | EconomynextSocialTwist Tell-a-Friend

Sri Lanka : India, Sri Lanka finalizing plans to restart ferry service

Sri Lanka : India, Sri Lanka finalizing plans to restart ferry service: India and Sri Lanka have mooted to resume a ferry service from Kochi to Colombo to enhance the ties between the two countries and are in the process of finalizing the ways the service should be offered, according to a report in New Indian Express.

"The ferry service is mooted between Kochi in Kerala to Colombo. We are finalizing the modalities and working out if it would be purely a passenger service. To make it economically viable, we will include freight service," an official of India's Ministry of External Affairs was quoted as saying.

According to the report, the three-decade long ethnic strife in Sri Lanka had adversely impacted its ties with India and after the 1983 ethnic cleansing of Tamils in Sri Lanka, over 100,000 Tamil refugees had landed in Tamil Nadu, triggering a sympathy wave in the state and severing the sea link from Chennai although the air-link between the two countries remained.
Sri Lanka : India, Sri Lanka finalizing plans to restart ferry serviceSocialTwist Tell-a-Friend

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