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 […]

In Sri Lanka, Fear of Being ‘Disappeared’

[Washington Post] Under a recent military offensive to wipe out those rebels, government forces have abducted hundreds of members of the Tamil minority group, including civilians, according to human rights groups. Many of the “disappeared” never turn up again. Rights activists say Sri Lanka’s growing ties with Iran, China and Russia have emboldened the government […]