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Reports from India suggests that President Mahinda Rajapaksa may take the opportunity of attending the Bay of Bengal Initiative for Multi-Sectoral Scientific, Technical and Economic Cooperation (BIMSTEC) Summit to be held in New Delhi

Troops on the march towards Kilinochchi brought the town of Jeyapuram north east of Nachchikuda under their control this morning, says the military spokesman.

Over 200 doctors of the Anuradhapura Teaching Hospital will resort to strike action Wednesday morning if the acting Director of the hospital is not removed, Government Medical Officers' Association stated today.

Presidential Advisor & MP Basil Rajapaksa will meet Indian leaders to update them on Nothern front in next few days-Foreign Minister

Heavy rains in Tamil Nadu on Tuesday (today) forced to postpone the human chain event planned by the ruling DMK to protest the alleged killings of Tamil civilians in Sri Lanka. The human chain event will now be held Oct 24, a party official statement said

The speaker of the Russian Federation Council, Sergei Mironov, excludes an opportunity for the 1998 financial collapse to repeat in present-day Russia. “There will be no default. I am certain that the 1998 situation will not repeat here,” Itar-Tass quoted Mironov as saying. The speaker said that Russia had saved a considerable amount of financial assets, including those in gold and currency reserves, and could therefore meet its obligations. At the same time, the official said that there were no grounds for optimism in the estimation of the current financial situation. “This is a serious crisis, and there is every reason to believe that it will be a rather long-lasting one,” Mironov said.

For the past two weeks, Kathryn Morrison and her husband have been shaken awake at night by visions of crashing stock markets and evaporating retirement plans. Harvey Goldberg liquidated his account when the Dow Jones industrial average was at 12,300, but his financial advisor persuaded him to reinvest. Since then, the Dow has fallen about 20 percent. Wealthy Americans like Morrison and Goldberg were relatively insulated from the global financial crisis until just a few months ago. Now, falling stock markets are slashing their investments, and some are even starting to panic. "I'm a little angry that I didn't trust my own gut, my own instinct to stay on the sidelines and wait," said Goldberg, 57, an executive coach who lives in Washington. "I'm angry at myself." Of course, reaction to the financial crisis differs from person to person and even from husband to wife. "My husband's approach has been 'Oh my God, I've got to sell, we're m...