No plans to impose embargo: US SATURDAY, 23 MARCH 2013  The US government does not have any intention of imposing embargoes on  Sri Lanka despite its repeated rejection of the resolution brought by the US  at the United Nations Human Rights Council, US  Ambassador Michele J. Sison said yesterday. She said the purpose of adopting resolutions at the UNHRC is to secure Sri Lanka’s reconciliation process and the protection of human rights. The adoption of the resolution indicates the acceptance by the international community of the necessity of Sri Lanka’s commitments in implementing the proposals for reconciliation and accountability. To implement the reconciliation the government should seek the assistance of the general public, civil society organizations and minorities. The government should also focus attention on securing democracy, freedom of expression, Rule of Law and human rights as problems have cropped up in these areas during the four year period after ending the war in Sri Lanka. America would extend its assistance for peace, unity and  development of Sri Lanka as it had notified to the Geneva Human Rights Commission. The American resolution has accepted the progress Sri Lanka has achieved in the disposal of land mines, resettlement of displaced, improvement of infrastructure facilities mentioned in the LLRC report. The resolution was intended to make Sri Lanka more committed in implementing the recommendation of the LLRC in securing Human Rights and Rule of Law etc. America has already initiated several programmes in organizing civil society groups and empowering the youth with a view to support the reconciliation process.(Sanjaya Gunasekara) Raj Rajaratnam brother charged with insider trading By Nate Raymond- Thu Mar 21, 2013  NEW YORK (Reuters) - Raj Rajaratnam's younger brother was indicted on charges of conspiring in the insider-trading scheme for which the founder of the Galleon Group hedge fund was convicted nearly two years ago, U.S. prosecutors announced on Thursday. Prosecutors said Rengan Rajaratnam, 42, conspired with his older brother to trade on non-public information concerning Clearwire Corp and Advanced Micro Devices Inc in 2008. Rengan Rajaratnam was a portfolio manager at Galleon, and the trades for which he was charged resulted in nearly $1.2 million of illegal profit, according to U.S. Attorney Preet Bharara in Manhattan, who announced the charges. Rengan Rajaratnam was charged with six counts of securities fraud and one count of conspiracy, and faces up to 20 years in prison on each of the fraud counts. He has not been arrested. He is not in the United States and is believed to be in Brazil, a person familiar with the matter said. David Tobin, a lawyer for Rengan Rajaratnam, did not immediately respond to a request for comment. The charges arise from a broad U.S. government crackdown on insider trading. Since October 2009, seventy-seven people have been charged by Bharara's office in that probe, and 71 have been convicted. The FBI and U.S. Securities and Exchange Commission are still investigating. Raj Rajaratnam, 55, received an 11-year prison sentence in October 2011 after a jury convicted him the previous May. He is appealing his conviction, as well as the government's use of wiretaps to obtain it. Wiretap evidence was also used in the case against Rengan Rajaratnam.   Continued...