Monthly Archives: August 2015

Statement by Assistant Secretary Nisha Biswal

Statement by Assistant Secretary Nisha Biswal

Thank you Ambassador and it’s so wonderful to be able to use that term.  I’m pleased that we were able to come so quickly upon the arrival of our new ambassador Atul Keshap and his credentialing was just on Friday, just days after the new …

US sees new chance for reconciliation in SL

US sees new chance for reconciliation in SL

The United States said on Wednesday it saw a new opportunity for reconciliation in Sri Lanka and a coming to terms with the legacy of 26 years of civil war. Sri Lankan forces battled the Liberation Tigers of Tamil Eelam in a war that the …

US to Support Sri Lanka Plan

US to Support Sri Lanka Plan

The United States will sponsor a resolution on Sri Lanka next month at the United Nations Human Rights Council backing Colombo’s plans for reconciliation and to conduct an investigation into possible war crimes during the final stages of the island’s civil war, a top American …

China Rattles Markets With Yuan Devaluation

China Rattles Markets With Yuan Devaluation

Asia’s biggest economy is slowing, the Federal Reserve is about to kick off an interest rate tightening cycle, and China has just devalued its currency. That chain of events back in 1994 eventually touched off a round of competitive currency devaluations that helped trigger the …

Sri Lanka should think carefully before any currency devaluation

Sri Lanka should think carefully before any currency devaluation

Sri Lanka should think carefully about devaluing the rupee as it may not be a good strategy to follow, even though other countries are trying to increase exports by weakening their domestic currencies, newly elected member of parliament and former deputy minister of policy planning …

Shares fall to near five-week low

Shares fall to near five-week low

Sri Lankan shares fell more than 1 per cent to hit a near five-week closing low on Tuesday as foreign investors sold off risky assets on fears of a China-led global economic slowdown and panic selling by retail investors for month-end settlements. The main stock …

Former fighters become politicians as the struggle for self-rule in Sri Lanka goes on

Former fighters become politicians as the struggle for self-rule in Sri Lanka goes on

The rebel-turned-politicians once carried heavy weapons, killed civilians as well as soldiers and bombed buses and trains packed with children. They wore cyanide capsules around their necks and lived by a code that required them to lay down their lives at any given moment. Shut …

Sri Lanka is a testament to the rest of the world

Sri Lanka is a testament to the rest of the world

US Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal told reporters that the country is a testament to the rest of the world and reaffirmed their support for Sri Lanka hailing the progress towards institutions of good governance, combating corruption and promoting …

US, Sri Lanka discuss measures to address abuse allegations

US, Sri Lanka discuss measures to address abuse allegations

Sri Lanka’s foreign minister told visiting American diplomats on Tuesday about steps the island nation is taking to address allegations of human rights violations during its brutal, quarter century-long civil war. Foreign Minister Mangala Samaraweera met with U.S. Assistant Secretary of State for South and …

Sri Lanka briefs US on domestic Human Rights mechanism

Sri Lanka briefs US on domestic Human Rights mechanism

Sri Lanka’s new Foreign Minister Mangala Samaraweera on Tuesday briefed two top visiting U.S. State Department officials about the measures taken by the government to address the human rights concerns following the over three-decade-long civil war with the LTTE. Assistant Secretary of State for South …