Could America go broke?
The idea that the Government of a major advanced
country would default on its debt that is, tell lenders that it
wonít repay them all theyíre owed was, until recently, a
preposterous proposition. Argentina and Russia have stiffed their
creditors, but surely the likes of the United States, Japan or
Britain wouldnít. Well, itís still a very long shot, but itís no
longer entirely unimaginable.
The Morning Inspection - Malinda
Regime change: thereís a right way and a wrong way
Mahinda Rajapaksa, overcame all odds to win the
Presidency in November 2005. Few gave him a chance, given that he
didnít have the support of his party, didnít have big-name
financiers chipping in the millions necessary for an election
campaign and didnít have the personnel on the ground to do the daily
Traditional exports up with Governmentís backup:
On a sound footing
Itís encouraging news that our traditional
exports - tea, rubber and coconut - are on the mend due to the
vigorous boost given by the Government.