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President Mahinda Rajapaksa arriving at the parliament complex on Thursday to deliver his government’s budget for next year. He was accompanied by non-cabinet Finance Minister Ranjith Siyambalapitiya. Pic by Shantha Ratnayake
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Lanka's economy heads for disaster
Political Column |
 Thursday's budget overshadowed other events to become the focal point of attention for Sri Lankans in all lifestyles. This is notwithstanding the remarkable victory of Barack Hussein Obama at US presidential elections on Tuesday.
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| Obama vows to confront economic crisis head on |
 CHICAGO, Saturday (AFP) -US President-elect Barack Obama has promised to act “swiftly” as soon as he takes office to confront the economic crisis head on, during his first news conference since his historic election.. |
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| Emerging talent |
 “I could get a decent sound from any instrument even if I manage to figure out the scale on it. That's all I do," said the very talented, young, multi-instrumentalist, Billy Fernando, modestly. |
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| ‘Asnara Village’ :
a base for excursions |
 Habarana being the central spot in the Cultural Triangle, travellers from East, Central and North Central Provinces crosses to various parts of Sri Lanka such as Trincomalee, Batticaloa, Polonaruwa, Anuradhapura and to Kandy.
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| Study part-time at APIIT and move with the times |
 Gone are the days when one thought of finishing education to start working. Today, by necessity, education is life-long. Some of us may finish university education before looking for a job; others may join the workforce before going to the university. It's our choice.
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More Education |
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| Crisis over oil hedging deals |
| Two separate oil hedging deals between the Ceylon Petroleum Corporation (CPC) and Standard Chartered Bank (SCB) and CitiBank have gone wrong and about US$ 30 million was not paid by the CPC when the deadline (for the October payment) ended on Friday, informed sources said. |
| Price hikes on scores of items soon |
A range of taxes announced in Thursday’s budget proposals will lead to price increases on a variety of essential items, an investigation by The Sunday Times has revealed. The tax increase, which will see a further escalation in the cost of living, will lead to price hikes on milk powder, dhal, onions, potatoes, sugar, wheat flour, clothing, fans, television sets and school stationery. |
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EDITORIAL |
| Lanka in Obama era |
If there is one event that grabbed the attention of the world this week, it was the US Presidential elections. If, as they say, the US remains, arguably, the single world superpower, and therefore, dictates the destinies of the world, and if hence, the people of the world were also entitled to vote, the victory of Barack Obama would have been even more resounding than it was. |
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PLUS |
| Little Jony's deadly mission |
 It is a small, innocuous-looking wooden box. It could very well pass off as a toy where children hoard seeds or poor women their scraps of jewellery. But for anyone who comes into contact with this box, it turns out to be a scourge leaving lives shattered. |
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FINANCIAL TIMES |
| CPC in debt upto $20 mln a month |
While consumers and markets cheer the fall in fuel prices as a budget proposal, the government is seriously considering defaulting on the costly payment under the controversial oil hedging deal with Standard Chartered Bank – because the Ceylon Petroleum Corporation (CPC) can’t afford it anymore, informed sources said.. |
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SPORTS |
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| Another SLC-players clash brewing |
 It looks another split between the players and the Sri Lanka Cricket Management is brewing. At a recent press conference the SLC Interim Committee Chairman Arjuna Ranatunga |
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| The supremacy of the sea |
 Lakkanna Dandanayake, the Governor of Madhura was a person who bore the
epithet, 'The Lord of the Southern Sea.' He is
supposed to have taken tribute from Lanka. An inscription written in
1440 AD, bears witness to this fact. |
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Latest News November 9 - 15 |
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India to send 2000 tons of relief aid: ICRC to take charge of distribution |
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Air Force jets engage senior LTTE leaders' command centre |
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Bus fares to be reduced soon |
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BUDGET WRAP - Consumer-friendly budget presented, fuel prices down, relief on power, water |
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Three LTTE cadres arrested in Kahawatta, Ratnapura |
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Colombo stocks close easier |
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Two children injured in shooting incident |
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Mihin, Weerawila Airport, Ranaviru Gammanaya gets large allocations |
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Budget highlights 2009 |
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Mixed reactions to Budget |
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JVP to vote against the Budget |
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Colombo indices fall in line with regional markets |
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Lankan cricketers answer accusations |
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Haul of weapons found in Thalladi, Batticaloa |
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Two Home Guards and policeman killed in Mahaoya |
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Buses back to Galle Road, after court ruling? |
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Twin air strikes on LTTE targets in Kilinochchi: Air force |
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Colombo stocks rise on thin volumes |
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Govt rules out cease-fire with LTTE |
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Body found on Bambalapitiya beach |
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Colombo stocks end easier |
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Two TMVP cadres killed in suspected LTTE attack |
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Political interference sparks of private bus strike in Puttalam |
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Colombo indices up but cannot sustain momentum |
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"I may be killed for revealing the 'real situation' ": Mangala tells House |
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Three doctors injured in accident |
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Two high frequency transmission receivers found |
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Monk abducted from hermitage in Kudumbigala, Ampara |
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Tamil Nadu assembly resolution calls for immediate ceasefire |
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English teacher among 3 LTTE cadres arrested |
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Missing monk found in Okanda, Ampara |
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US Ast. Trade Rep. for South Asia visits Trinco port |
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Colombo stocks fall after decent start |
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Three children abducted in Panadura, parents claim |
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Artistes hold Adhistana pooja in reaction to Indian protests |
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Dialog results drag down Colombo stocks |
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Two more TMVP cadres killed by LTTE infiltrators |
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Pilliyan's Private secretary shot dead in Athurugriya |
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Stay order on new TV regulations |
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Colombo indices slide on Dialog results shock |
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Photograph of suicide bomber involved in Maj Gen (Retired) Janaka Perera released |
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Troops capture Pooneryn completely |
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President tells Prabhakaran to lay down arms |
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Budget passed with majority |
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