By Sesha Balasingham
Reports from the Vanni indicate heavy fighting is currently going on at Thevipuram. Thevipuram was previously located in the original no fire zone, and was occupied by the Sri Lankan army on February 2nd. The LTTE first broke through the forward defence lines of the 58th division on Sunday night, and has since launched several attacks on the 57th and 58th divisions at Thevipuram and Visuamadu. Most recently the heaviest fighting has now moved to Thevipuram, with hundreds of Sri Lankan soldiers killed in combat.
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«Oldest ‹Older 401 – 436 of 436 Newer› Newest»http://www.srilankaramaya.org/AppImages/Priest1.jpg
a thero w/ AK-41 is that allowed?
http://www.buddhistmission.org/images/AboutUs/DSC_0143.jpg
[ * theros says ]: we are glad we join the monkhood, here we get free food, people respect us, women rich/poor bend down to us even in front of their husbands
http://www.metro.co.uk/news/world/article.html?in_article_id=177581&in_page_id=64&in_a_source=
MONKS MONKS MONKS is see MONKS everywhere I turn
idunno
i have no clue what going on
Col. Anbu death confirmed now by radio
Guys,
Thamilendi is not dead. FYI he retired back in 2003. He is very old now, may be in his 70s or 80s.
Thamiil Kumaran has been head of finance for six years now.
http://www.tamilnet.com/art.html?catid=13&artid=24205
Lol,
Stinkalese intercepting radio again.
Who is Col. Anbu? Is he born again version of Col. Soosai?
Breaking News
Pottu & Theepan injured in today's heavy fighting
LONG LIVE EELAM!
Many LTTE cadres cyber killed
army using very strong radio communication waves to cause injuries to senior tigers
intercepted radio communication revealed today that Americans sole idea for F-117 Nighthawk from SLAF.
Defense experts said SLAF engineers were working on this advanced plane when Americans stole it.
All information confirmed by intercepted radio communication.
LNP guys always fall for my jokes
LNP is full of pansies
Hot News
http://www.youtube.com/watch?v=wPMLG8mnCRM
HAHAHAHAHAHAHAHA... Guys, sldf radio interceptions are too powerful. So powerful that it killed col. Lawrence, col. Soosai and col. Pottu in one transmission. It is not the thousands of artillery shlls that are killing our people in Vanni, it is in fact these radio signals. Soon the US army will be employing this to annihilate the Taleban, Al-Qaeda and the Iranians.
I don't know if I should laugh or feel sorry/sad at reading the stinkala propaganda. I love how dw reports that col. Lawrence's body has been found BUT GUESS WHAT? NO PICTURES!! They are saving it for their showcase along the bandaranaike airport road exhibition.
Stinkalese can't even run their propaganda properly.
I believe it has been more than 72 hrs. The sla are fighting the ghosts of Tamil Eelam for the Tigers are all dead and defeated.
Oh god finally somebody has said it!!! SO FUNNY
http://www.atimes.com/atimes/South_Asia/KC12Df01.html
Sri Lanka dusts off the begging bowl
By Feizal Samath
COLOMBO - Sri Lanka is going on bended knees to the International Monetary Fund (IMF) - an institution it chased away two years ago - for a bailout package worth US$1.9 billion as the country's authorities scrape the barrel for foreign exchange.
Sri Lanka's imports are valued much higher than its exports and foreign exchange reserves, which have normally averaged over three months worth of imports.
The crisis is two-fold: sagging export income and the Central Bank using the few dollars it has to intervene in local money markets to defend the rupee from depreciating against the US dollar.
At the same time, the government's access to cheap commercial borrowing from foreign sources to fund the costly war against separatist Tamil rebels and other state expenses has dried up with the global financial meltdown.
Last week, the government took the plunge and announced it was in negotiations with the IMF for a $1.9 billion standby arrangement.
Central Bank governor Ajith Nivard Cabraal - who has been criticized by economists and opposition legislators for misleading the country on the state of its finances - was quoted as saying: ''The offer was made for a facility without conditions. We didn't think we needed it but then this happened to be a good opportunity.''
The country had $1.7 billion in gross official reserves at the end of December, sufficient just for 1.5 months of imports, compared with more than $3.5 billion a year earlier.
Senior economist Sirimal Abeyratne from the University of Colombo told Inter Press Service (IPS) that the financial crisis is so acute that Sri Lanka had few choices. ''Otherwise, why ask for money if we have money, particularly from an institution [IMF] that the government didn't want,'' he said.
Dushni Weerakoon, senior economist at the Institute of Policy Studies, said Sri Lanka's main problem has been the ''outflow of foreign exchange last year following the global economic crisis and using whatever resources we have to defend the Sri Lanka rupee in local money markets''.
She told IPS that in addition to an outflow of $600 million after foreigners withdrew money in central bank bonds in the second half of 2008, the bank has been pumping some $200 million a month (in the last three months of the year) in an unsustainable exchange rate policy to prop up the rupee.
Sri Lanka last year kept its exchange rate at about 108 rupees to the US dollar until October 2008 as the government sought to slow inflation. The rupee has since dropped to about 114.30.
The move to return to the IMF for emergency cash comes after the government virtually threw the organization out of the country in January 2007, with the IMF closing its Colombo office, saying it had no program left.
The opposition and economists at that time said the government had come under pressure from hardline partners like the JVP (People's Liberation Front) and the JHU, formed mainly by Buddhist monks, who frowned on Western-led multilateral agencies like the IMF or World Bank and their tough, conditional lending.
The last IMF facility to Sri Lanka was a $567 million loan given in April 2003 to support the government's 2003-2006 economic program. The first tranche of $81 million was immediately received but the loan was suspended in November 2003 due to political problems and in April 2006 it expired. The IMF had set up its Colombo office in 1979.
Loans from the IMF, generally seen as a lender of last resort, generally come with conditions such as demands for a reduced budget deficit, cuts in government spending, tighter monetary policy and a flexible exchange rate policy, which would allow the rupee to float freely against major currencies.
At present, the rupee rate is fixed by the Central Bank and adjusted in accordance with import requirements.
Exporters have complained over the years that the rupee has been artificially held high against the dollar, resulting in lower export incomes. The rupee is pegged high to keep import costs, particularly of food and fuel, down.
Government economists and the central bank have repeatedly denied the existence of a crisis. Exports are down and garments, the biggest earner, are getting squeezed out in other markets, while jobs are also being shed across other sectors.
The Employers Federation, a business group, has asked the government to reduce the number of working days per week to five from five-and-a-half days in a bid to cut costs.
Weerakoon said the government's problems had been compounded by the shortage of commercial borrowing avenues in the international markets after the financial meltdown.
Sri Lanka is not the only country struggling to make ends meet as the global financial crisis continues. At least $25 billion will be needed in urgent concessional financing this year to help countries affected and prevent millions of people from falling back into poverty, according to a report published on the IMF website on March 5.
Hugh Bredenkamp, deputy director of the IMF's strategy, policy and review department and one of the study's authors, said that Ghana and Sri Lanka are good examples of the relatively few low-income countries that, prior to the crisis, had began to get access to international financial markets to help finance their budgets.
Bredenkamp said both countries were hit as the markets essentially shut down. Ghana had plans to issue a big euro bond last autumn but had to put that on hold, and Sri Lanka has seen the spreads on its international borrowing rise to essentially prohibitive levels.
At the same time, both countries have seen foreign investors exiting from their domestic bond markets. So those two avenues for financing budgets are now drying up, Bredenkamp said in the report.
Other economists said much of the country's spending, particularly on the military, came from domestic borrowings and when that dried up, it came from foreign borrowings from commercial sources, and China and Iran.
Sri Lanka has been relying on China for political and economic support after turning away from the once-favored West, which has been repeatedly critical of the government in Colombo over human-rights violations.
Early last year, before the global crisis, the government was so gung-ho about the access to cheap credit from commercial sources that one powerful Finance Ministry official told a senior World Bank staffer: ''We don't need your conditional money. We have access to cheap credit without conditions.''
With foreign reserves fast dwindling, the central bank, whose governor is a political appointee and former advisor to President Mahinda Rajapaksa, in February announced two measures to shore up reserves: raising $500 million from Sri Lanka's diaspora and currency swaps with other central banks in the region.
None has worked as expected. Weerakoon says the swaps and diaspora funds do not work in the short term, a view shared by bank governor Cabraal. ''We have exhausted access to domestic borrowing and international markets [or it has dried up]. In currency swaps, there is an agreement with the Malaysian central bank while the authorities are also discussing a similar arrangement with India,'' she said.
Cabraal said some accounts had been opened by Sri Lankan expatriates in the bond market, but the process was slow.
Economist Abeyratne said Sri Lanka was in a debt trap, where one had to borrow to pay off debts. ''We are down to our lowest levels. Diaspora funds have not come as expected. Last year, the government paid close to half a million dollars in debt payments and this year it will be higher. So we are borrowing to pay off our debt - which is where part of the $1.9 billion IMF facility will go.''
Weerakoon said the debt payments will increase this year once some central bank bonds expire and payments are made. There was also payment to be made to Iran for an oil credit line, she said. ''There is quite a list of payments.''
(Inter Press Service)
Dear Badri,
A few days ago there were news items says that SLA does not require the USA or India to evacuate the civilians and hand-over to the genocidal army because the SLA is 1/2 km away at two fronts and can evacuate and slaughter by itself. Now for a week, no news? It appears that 1/2 km may have become 10-20 km during this period?
the big mistake of Jaysikiru I (1998-99) was allowing the sla modaya/barbarians to run all the way to vavuniya. i sincerely hope that will not happen this time for the level of crimes that these barbarians have committed against the Tamil civilians!!
in addition, if ltte allow them to run away, i'm sure that there will Jaysikiru III in another 5-6 years.
All these sla modayas should "MIAs"
Dear Tamil Bros,
Stay focused.. we are on the verge of victory.
Counter-attacks happening.
Remember Nachikuda will never fall, Killi will never fall, etc, etc. from Peter, and other patriotic Eezam Tamiz? Well looks like you are stupid enough now to believe this other idiot Badrinath, who is trying to get a few more dollars out of you before the ultimate embarrassment of seeing VP being publicly executed. I feel sorry for you fools, but hey, guess you are born that way.
Moda Banda
:-DD
I was looking at Sri Lankan and looks like nobody. Only someone of eelam origin on the list. Anyway he back to being malaysia's richest man sharing the spot with robert kouk who runs wilmar. Anyway he wife is a thai princess and so the son is a monk.
http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Ananda-Krishnan_YK1N.html
The World's Billionaires
#62 Ananda Krishnan
03.11.09, 06:00 PM EDT
A Tamil Malaysian of Sri Lankan Tamil origin, he graduated from Harvard Business School and started his career as an oil trader.
Previous: Edward Johnson III Next: Robert Kuok
Goh Seng Chong/Bloomberg News /Landov
Net Worth:$7.0 bil
Fortune:self made
Source:telecom
Age:70
Country Of Citizenship:Malaysia
Residence:Kuala Lumpur
Industry:Telecommunications
Education:Melbourne University, Bachelor of Arts / Science, Harvard University, Master of Business Administration
Marital Status:married, 3 children
A Tamil Malaysian of Sri Lankan Tamil origin, he graduated from Harvard Business School and started his career as an oil trader. His holdings include Maxis Communications, Malaysia's largest cell phone service provider, with more than 10 million subscribers; took it private in June 2007 in $5 billion deal, then sold 25% of Maxis to Saudi Telecom the same month. Bought 35% in Sri Lanka Telecom that same month. Last year sold Excel, the exhibition venue in London's Docklands, and reportedly bought 20% stake in Johnston Press in London. Modern art collector, has homes in Kuala Lumpur, London and south of France; has a son who is a monk living in the forest.
500+ comments
hahahhaha
defencewire liar take note.. if you lie throughout, people will abandon you and go to another site as they have done here.
the bog is doing very good except some sinhala virus ... give us some update.
thx
its fun to watch the frustrated sinhala bloggers here...
MR IS BEGGING FOR MONEY AND WEAPON AROUND THE WORLD...
..SOON THE SINGHALA WILL BE BEGGING INSIDE THEIR OWN COUNTRY....
EVEN THEN THEY WON'T ADMIT SRI LANKA IS HAVING FINANCIAL PROBLEM..
Eelam has been achieved.
Well done Puligal!!!!
Badri, any latest updates?
BHAIRAV..U SAW AT ORBAT DEFENSE LK..THE FLAG IS ON PTK...HAHAHA..NEXT WILL SEE THE LION FLAG EVEN IN ALASKA...HHEH
Anonymous comments turned off. Please log in with a fake google ID to comment. Don't use your real google ID.
contact-i feel sory for u mofo..ur so dumb u shud go to kinder again....wut is ur question again?
oh abt ladies...talkin abt me ..i have wut eva i want..in fact i have tamil bitches as ma fuck buddies..wut do u have?..ha
stay home n masterbate u dumb mother fucker.tel me where u r? so i can cm n show u wut ma height n weiht is u poofta...
wut da fuck is ur gay cm back...always fuck sinhala,monks,buddah blah blah...thts da only tin u can say coz dats da only wrd u knw..dumb fuckin idiot...
keep dreamin all da tiger mother fuckers...hop to see all ur mother fuckers faces wen we hang ur fatso leader...
long live lanka...long live MR, GR and SF...
Navindran...here is something for you to think about....
Look at the rates.....
Conversion Table: GBP to LKR (Interbank rate)
Time period: 01/08/09 to 03/12/09.
Daily averages:
01/08/2009 170.7890
01/09/2009 172.4480
01/10/2009 173.350
01/11/2009 172.760
01/12/2009 172.7340
01/13/2009 170.9520
01/14/2009 167.2280
01/15/2009 166.0110
01/16/2009 166.5550
01/17/2009 168.7680
01/18/2009 169.210
01/19/2009 169.3210
01/20/2009 167.7330
01/21/2009 161.0930
01/22/2009 157.8980
01/23/2009 158.2440
01/24/2009 156.7010
01/25/2009 157.7370
01/26/2009 157.7260
01/27/2009 157.020
01/28/2009 160.6260
01/29/2009 162.6240
01/30/2009 162.4270
01/31/2009 163.2590
02/01/2009 167.9510
02/02/2009 165.7830
02/03/2009 163.230
02/04/2009 162.8780
02/05/2009 164.710
02/06/2009 165.70
02/07/2009 167.6730
02/08/2009 168.7240
02/09/2009 168.7120
02/10/2009 169.5650
02/11/2009 168.6440
02/12/2009 164.8350
02/13/2009 163.2480
02/14/2009 164.3960
02/15/2009 163.9010
02/16/2009 163.7520
02/17/2009 162.7410
02/18/2009 162.80
02/19/2009 162.5980
02/20/2009 163.6240
02/21/2009 163.4410
02/22/2009 165.7460
02/23/2009 165.6930
02/24/2009 165.8330
02/25/2009 166.1650
02/26/2009 165.9330
02/27/2009 164.5480
02/28/2009 163.210
03/01/2009 163.6780
03/02/2009 163.6620
03/03/2009 162.0880
03/04/2009 160.9480
03/05/2009 161.0530
03/06/2009 161.8610
03/07/2009 162.2750
03/08/2009 161.2410
03/09/2009 161.2430
03/10/2009 160.1310
03/11/2009 158.2280
03/12/2009 157.620
Average (66 days): 164.48511
High: 173.35000
Low: 156.70100
So the GBP has come down from 173 to 156...and if u really think back it was 236 in 2007.... so according to your theory, I guess the British economy has collapsed...
Is Devipuram something that can be moved from area to area. The post is saying so that it was previously located somewhere.
hey badri,
why don't you talk about that radar system. hehe
lier,...
Defence.lk
Puthukkudiyirippu hospital liberated from LTTE - Mullaittivu
Sri Lankan Army soldiers of the 53 Division and Task Force 8 entered the Puthukkudiyirippu Hospital premises today (March 12) morning, driving away LTTE terrorists who had turned the hospital into a major LTTE hideout since the fall of Mullaittivu town on 25th January.
The troops had entered the hospital premises and now engaged in search and mop-up operations in the area.
More information will follow
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