Sri Lanka Tamil party says military attacked its poll campaign

[Reuters] Legislators of the Tamil National Alliance (TNA), which backed the now defeated Tamil Tiger rebels, said supporters were chased away at a meeting in the main town of Jaffna by the military at the start of the first election campaign for 52 local bodies in northern district. The July 23 polls are the first…

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Sri Lanka weighs options for foreign borrowing

[Reuters] Sri Lanka said on Friday it is looking at “alternate sources” of foreign borrowing after a sovereign rating cut this week that analysts expected would drive up the cost of loans. Sri Lanka, weighed down by the cost of a campaign against separatist rebels, needs $2.1 billion in foreign borrowing for 2009, out of…

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