Rains will continue, say Met. Dept.

Sri Lanka’s Meteorology Department said the country could continue to experience the prevailing rainy weather in the next few days as the South West Monsoon had turned active during the past 24 hours.

Fairly strong South-Westerly winds would occur over the island and over the seas especially along the Western slope of the Central Hills. Winds of between 30 and 40 km a hour and was likely to increase its speed to up to 50 to 60 km an hour at certain times.

Referring to reports from the Indian Met. Department that a tropical storm has developed in the North East of the Bay of Bengal, the Department said that it had become weak and therefore would not have any major effect on Sri Lanka.

According to the Met. Department the highest amount of rains was recorded from Malimboda in Avissawella with 99 mm of rainfall while several other areas in Colombo and its suburbs also experienced a considerable amount of rain.

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Ukrainians injured as police dismantle Kiev 'tent city'

At least 10 demonstrators have been injured in clashes with Ukrainian police and another 100 detained in the capital Kiev after authorities began dismantling a makeshift "tent city" protesting against corruption. The tent city was set up in October by supporters of Mikheil Saakashvili, a former president of Georgia who has become an opposition politician in Ukraine. Saakashvili, a critic of corruption in Ukraine, was deported to Poland in February. He said he was "kidnapped" by Ukrainian authorities and removed from the country against his will. Andriy Kryshchneko, police chief of police, said at the camp on Saturday that "two court decisions" allowed authorities to search and dismantle the camp. Police said that explosives and other weapons were found at the scene

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Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back two decades, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt. The revelations by the 92-year-old company appear to vindicate ex-CEO Michael Woodford, who has staged a campaign since being sacked on October 14 to force the firm to come clean on nearly $1.5 billion in questionable payments. Olympus President Shuichi Takayama blamed Tsuyoshi Kikukawa, who quit as president and chairman on October 26, Vice-President Hisashi Mori and internal auditor Hideo Yamada for the cover-up, saying he would consider criminal complaints against them. The admission after weeks of denials shocked investors, sending shares in the endoscope and camera maker skidding almost 30 percent and prompting the biggest non-Japanese shareholder to demand the replacement of the entire board. "Ignorance is no defense," said Jo...

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