Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Wednesday, July 13, 2016

A three member committee to probe in to the coal fraud

A three member committee to probe in to the coal fraud

Jul 14, 2016
Power and renewable energy minister Ranjith Siyambalapitiya has appointed a three member committee to investigate the fraud committed when importing coal to the Norochcholai power plant. The committee consists of the former secretary and chairman to the power and energy ministry and the former chancellor of the Moratuwa University Professor K.K.Y.W Perera, the chairman of the certified management accountant institute Professor Luxhman Watawala and the professor of the engineering department of the Peradeniya University Professor Janaka B. Ekanayake.

The minister said the people in the three member committee are specialized in the field. The minister also said they have time till 29th of this month to investigate into the matter and submit a report.

The minister said following the report they can disclose the factual information about the fraud to the country.

Namal’s rackets galore ! another money laundering activity in collaboration with a Bangla Desh national! Whither SL?


LEN logo(Lanka-e-News -13.July.2016, 11.30PM) Yet another racket of the synthetic lawyer Namal Rajapakse M.P.of the corrupt and crooked Rajapakse family whose notoriety had hit a new high came to light in courts . That is the scam involving money laundering activities of Namal in collaboration with a Bangla Desh national .
This scam came to light when Namal was arrested by the FCID and produced before the Fort magistrate based on charges filed  under sections 386 and 400 of the Penal code as well as  the money laundering Act .
The FCID revealed to court that following investigations it was discovered Namal had in May and June credited Rs. 52 million into the account of Bangla Desh national AlSamaan , and some months later Alsamaan has credited back Rs. 50 million to the account of Namal.  The latter has shown this credit as a foreign investment , and along with a bank overdraft of a further Rs. 50 million  has commenced a business with a capital of Rs. 120 million under the name of ‘Hellocorp’ with BOI facilities.
The FCID however told court it is impossible to trace the Bangla Desh national , and the police have dropped that search.
The FCID nevertheless revealed to court in regard to the other fraud of Namal involving the 4 ½  acres sale of land to Krrish Co. India in which sale Namal collected an illicit commission / extortion of Rs. 70 million , they have tracked down Gupta of Krrish Co. from whom Namal collected the colossal sum as commission/ extortion.
Namal the synthetic lawyer cum swindler is now in remand custody on money laundering charges committed outrageously and shamelessly despite being a son of the ex president of Sri Lanka (SL) . Yet Namal and the Rajapakses have the audacity to describe that action duly and legally instituted  against him as  political revenge. But ,  before the culprit was arrested and produced before the magistrate it is this same group that  screamed ‘ where are your rogues. Have you arrested them?’ with a view to ridicule the investigators.
No matter what , Namal who is in remand custody until the 18 th is now in ward E of the magazine prison with  special security detail. He had not taken the dinner provided by the prison on the 11 th . Mahinda has brought the dinner in the evening and visited Namal in prison.
Brutal and despotic Mahinda Rajapakse who planned and plotted to be in power forever was grooming  Namal  to take his place with which goal in view , he resorted to all the criminal and murderous activities  against his opponents . 
Mahinda who engaged in  brutal , lawless and  murderous activities  including white van abductions,  committing arson on media institutions , and indulging  in all the large scale corrupt and fraudulent activities , would have never ever thought his own ‘sonna’  Namal  is a greater crook than himself and will court this disaster he has currently driven himself into , thereby  dashing all the hopes his Machiavellian ‘papa’ nursed so slyly , surreptitiously and scrupulously to make  ‘Sonna’  his successor at any cost even liquidating an entire nation if only he can save his most crooked and corrupt family (two  of them have already  been in prison while the third has just walked in. More members are expected to follow ) 
At any rate papa Mahinda who never thinks of death or the needs of the motherland  does not appear to be a ‘papa’ who would learn lessons even after   his ‘sonna’ toeing his papa’s  Machiavellian and mendacious  nature had blasted his future.
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by     (2016-07-13 22:43:21)
Price control: Bargain before you buy

2016-07-14
Apparently left with no option, the government on Tuesday decided to impose price control or a maximum retail price for 15 essential items in a bid to curb the soaring living cost, which has caused widespread public disappointment or dissent.  

  In the orthodox forms of capitalism and socialism practised till recently, imposing price controls was not part of the now globalised capitalist market economic policies. But with the digital technology revolution and worldwide structural changes, the concepts of capitalism and socialism have changed and most economic analysts believe the best would be a blend of both. In any event, in the onetime Soviet Union or now Russia and China – considered as the master builders of socialism – what we saw to a large extent was state capitalism. Both these powerful giants are now openly practising market economics with China expected to become the world’s number one economic superpower soon. 

   According to reports the government is expected to setup about 200 more supermarkets of the Cooperative Wholesale Establishment (CWE) through which the essential items will be sold at the controlled prices. The government says it will also recruit several hundred more offices for the Consumer Affairs Authority so that the maximum retail price could be enforced in private supermarkets, grocery stores and even small boutiques. 

   President Maithripala Sirisena, who took a bold initiative recently to review the new Value Added Tax (VAT) rates and bring down the cost of living, had appointed a cabinet sub-committee to study the issues and report back by Tuesday, July 12. The high-level committee was headed by Development Strategies and International Trade Minister Malik Samarawickrama.  

  Addressing the committee, the President lamented that there appeared to be little or no governance over prices of essential items. He uprooted and spotlighted one instance where a poor Nuwara Eliya carrot cultivator gets about Rs.30 for the kilogram. But when it comes down through more than ten channels including black-market middlemen the consumers in Colombo and other areas are forced to pay as much as Rs.200 for a kilo of carrot. Thus there is a grave crisis where the hardworking cultivator is getting poorer, the hard working consumers are also struggling to cope with the rising cost of living while black-market middle men – often assisted by roguish politicians -- are becoming multi millionaires. The President said this grave injustice must be ended immediately if Sri Lanka was to be true to its name of being a Democratic Socialist Republic.   

 Finance Minister Ravi Karunanayake who has been widely criticised for his alleged mishandling of the taxation and cost of living issues, came back fighting at a news conference on Tuesday. He assured that along with price control, a more efficient and streamlined process would be introduced for the importing of goods on a wholesale basis. Flanked by Trade Minister Rishad Bathiudeen and Social Services and Welfare Minister P. Harrison, Minister Karunanayake echoed the President’s view, saying that a crooked few were attempting to rob the innocent consumer by way of black-marketeering. He said it was absurd or ridiculous that in a country where agriculture has been part of our culture and civilization for thousands of years, Sri Lanka was unable to maintain a stable, fair and just price for grains, vegetables and fruits. He pointed out that in countries like Singapore and Dubai which produced few if any vegetables they had maintained stable prices for the past 15 years and the government intended to do the same.    

For the new price control methods and the CAA’s enforcement drive to work effectively it is essential that civic minded citizens must 

 cooperate with this move to give a better deal to both the consumers and cultivators. So must the responsible media. Besides reporting violators to the authorities, Sri Lanka’s citizens also need to take a strong stand and refuse to buy essential items from sales outlets that do not sell them at the controlled price. The government and local officials need to do their best acting honestly and effectively but they apparently cannot control everything and that is where proactive citizens cooperation will open a channel for the benefits of good governance to flow to millions of people, especially the impoverished.  

Government Appoints 3-Member Committee To Probe Billion Rupee Coal Scam



July 13, 2016
Colombo Telegraph
Power and Renewable Energy Minister Ranjith Siyambalapitiya has appointed a three member committee to probe the coal scam which was carried out when Champika Ranawaka was the subject minister, and reportedly resulted in the country losing Rs. 1.2 billion.
Champika Ranawaka
Champika Ranawaka
The committee comprises of Prof. K.K.Y.W. Perera, Prof. Lakshman R. Watawala and Prof. Janaka B. Ekanayake. The committee has been tasked to probe and provide the ministry with a comprehensive report on the issue on July 29.
According to a petition lodged at the Supreme Court by Noble Resources International Pte Limited, the coal procurement process resulted in a loss of at least Rs. 1.2 billion.
Even though the Supreme Court dismissed the case due to technical reasons, the Court advised that it would be ‘appropriate to’ terminate the contract entered into with Swiss Singapore Overseas Enterprises Pte for the supply of coal to the Lakvijaya Coal Power Plant after giving reasonable’ notice and to call for fresh bids in terms of the law, for the supply of coal for the said power plant following competitive Bidding procedure.
The Supreme Court bench which comprised of Chief Justice K. Sripavan, P. Dep and U. Abeyraythne said that the deal had ‘shocked the conscience of the Court’ due to the actions of ministry officials.

Unsuccessful attempts to gain control of Mackwoods by corporate raiders- Chairman

Unsuccessful attempts to gain control of Mackwoods by corporate raiders-  Chairman

Jul 13, 2016
There were several attempts made by some shareholders and other interested parties of Mackwoods Securities (Pvt) Ltd, to force three outsiders into the Board of Mackwoods Securities in a hostile move.

At a controversial EGM convened on 7th July 2016 for the purpose of appointing three unconnected persons, namely General Daya Ratnayake, previous Army Commander, Shraepathy Attanayake, Director of Trico, and Manopriya Thittawella, to the Board of Mackwoods Securities the resolutions could not be put to vote as the requirements under the Companies Act had not been adhered to.
As such, the EGM was terminated without any business being transacted at the meeting. Accordingly the proposal to appoint the three above named persons to the Board of Mackwoods Securities did not materialise nor was the proposal for these appointments voted on at the EGM.
Consequently, Dr Chris Nonis instituted legal action against the above named three persons in the District Court Colombo on 8th July 2016 and Court proceeded to issue notice of this action on the three persons requiring them to show cause as to why the interim injunctions sought against these three persons should not be granted.
These incidents have also led to speculation regarding the Chairmanship of the Company, and for the purpose of providing further clarity on this matter Dr. Nonis reiterates that he is the Chairman of Mackwoods Securities at present and continues to serve as Chairman of the Company and further reiterates that all longstanding directors of Mackwoods Securities including , namely Dr. C. N. A. Nonis, S. M. A. Nonis, Lalith Fonseka and L. L. Samarasinghe, still remain on the Board.
The objective of unsuccessful attempts by the hostile Corporate raiders appears to be to gain control of Mackwoods and strip its assets. Having failed in their numerous attempts to achieve this objective to take over the control of one of Sri Lanka’s oldest companies the hostile Corporate raiders are now making desperate moves to raise wild and /baseless allegations and are engaged in a vicious smear campaign. against the Company and its Chairman.
- STATEMENT ISSUED BY THE CHAIRMAN OF MACKWOODS SECURITIES (PRIVATE) LIMITED -

Rare-Earth Market

By monopolizing the mining of rare-earth metals, China could dictate the future of high-tech.


ILLUSTRATIONS BY LUKE SHUMAN-JULY 12, 2016

Most people have no idea what’s in an iPhone. Yttrium and praseodymium don’t exactly roll off the tongue, but they’re part of what make smartphones so small, powerful, and bright. These exotic materials are among the planet’s 17 rare-earth elements, and surprisingly, the soft, silvery metals are not at all rare.
 But they’re found in tiny concentrations, all mixed together, and usually embedded in hard rock, which makes them difficult — and messy — to isolate. In China, which mines 89 percent of global output, toxic wastes from rare-earth facilities have poisoned water, ruined farmlands, and made people sick.

Beyond high-tech gadgets, rare earths play a critical role in national defense, enabling radar systems and guided missiles. Ironically, they also power clean-energy technologies, such as wind turbines and electric cars. This year, global consumption is expected to be about 155,000 tons, far more than the 45,000 tons used 25 years ago. Demand will only grow — likely at an accelerated pace — as the world tries to rein in climate change.

At the moment, only China can satisfy that hunger. Yet in 2010, Beijing cut rare-earth exports by 40 percent — possibly to boost its high-tech sector — and cut off supplies to Japan over a territorial dispute. 
Its muscle flexing caused prices to soar, sparking new exploration for rare-earth deposits around the world. A boom in illegal mining in China has since driven prices back down, making it extremely difficult for non-Chinese mines to stay open or get off the ground. Nevertheless, the rest of the world hasn’t given up: There are currently 50 deposits at an advanced stage of development (see map below) that could someday challenge China’s dominance.

Photo: VCG/VCG via Getty Images

Note: 2016 production and consumption figures exclude countries that account for less than 1 percent of the total. Measurements are in metric tons. European nations are grouped as a market bloc. Sources: Figures based on current market conditions, opinions of industry experts, and author reporting and analysis. 2016 production/consumption figures are estimates based on data from IMCOA/Curtin University, Chinese Renewable Energy Industries Association, China Ministry of Land and Resources, United States Geological Survey, USGS Mineral Commodity Summary, Critical Materials Institute, TMR Advanced Rare-Earth Projects Index. Process waste streams: China Rare Earth Industry Association, The Elements of Power.Future demand: Environmental Science and Technology (“Evaluating Rare Earth Element Availability”).

A version of this article originally appeared in the July/August issue of  FP magazine.

Why Brexit may be Palestine’s gain

Britain, as an EU member, was one of Israel’s main advocates in discussions of the organization’s policy towards Palestine.Ahmad Al-BazzActiveStills

Ilan Pappe-12 July 2016

The British referendum on membership in the European Union on 23 June has exposed deep layers of racism and xenophobia in the United Kingdom and raises serious concerns about the welfare of minorities and immigrants in the country. Verbal violence and the murder of a politician who devoted her life to justice and peace – including in Palestine – are the terrifying manifestations of the ugly face of the referendum.

And yet if we think of the wider implications of the vote, with a view to evaluating the outcome’s relevance to Palestine, the results are less of a disaster and open new vistas for our struggle for peace and justice in Palestine.

There are three reasons why those deeply involved in the struggle should regard the decision as an opportune moment to advance Palestinian freedom and not be depressed as are colleagues in the London bubble – and beyond – who have been overwrought following the decision.

Israel loses an advocate

The first reason is quite mundane but important. Britain, as an EU member, was one of Israel’s main advocatesin the discussions of the organization’s policy towards Palestine. More often than not, Britain blocked initiatives backing Palestinian rights and helped shield Israel from accountability. Its voice in those institutions will not be missed.

Secondly, we have to appreciate that the xenophobic, anti-immigrant and ugly mood was not the only impulse leading people to vote leave. It is not the first time, and will probably not be the last, that extreme right-wing factions have successfully channeled working class anger away from the ruling classes and towards more vulnerable groups of workers: immigrants and refugees.

The vote was also motivated by a justified sense of neglect felt acutely by the disenfranchised society beyond London and other major cities. Ever since the 1970s, the British political elite, Labour and Conservative alike, has failed to represent faithfully the underprivileged northeast and northwest regions of England. The referendum was a democratic chance for them to demand better following the destruction of the welfare state by Margaret Thatcher and Tony Blair.

Disempowered sections of Western society have demanded a more democratic representation of their will ever since the financial crisis in 2008, as the Arab world has since 2011. In both cases, democratic voices have yet to prevail: either the powers that be regained their previous dominance or non-democratic forces exploited the upheaval to strengthen their hold over society. This is an ongoing historical process that is only in its early stages.

The demand for transparency from political and economic elites – and a respect for the people’s own agenda and wishes – unfortunately, at times, manifests itself as a racist call for anti-immigration policies. But it also has positive aspects. Brexit was a protest vote against political cynicism and the dishonesty of politics as much as it was about immigration and patriotism. The coincidence of the publication of the Chilcot Report with the Brexit vote shows that dishonesty and lack of regard for what people really want or need does not refer to social and economic issues alone.

People are also enraged when the government pursues criminal and immoral policies in the Middle East. The road from admonishing the Blair government for its Iraq policy to rejecting the outgoing Prime Minister David Cameron’s policy in Palestine may be shorter than previously realized.

Such a public impulse for change creates opportunities for politicians such as Jeremy Corbyn in the British Labour Party and Bernie Sanders in the Democratic Party in the United States. Tragically, it also contributes to phenomena such as Donald Trump in the US and Nigel Farage in the UK.

Neoliberalism

In fact, the demand for a different kind of a democracy is more than an impulse, it is a zeitgeist. This new spirit pushed people to occupy Wall Street in 2008, Tahrir Square in 2011 and, in March this year, it led a million workers and students to occupy Place de la République in Paris on nights dubbed “Nuit Debout” 

(for Palestinians it translated as Leilat al-Sumud).

The French soccer team’s success in reaching the Euro 2016 final this summer was hailed as grim compensation for the horrors of terrorism. But it will not help the workers and students of France. They and other victims of the neoliberal capitalist system will continue to assert their right to demand a more fundamental solution for poverty, unemployment and austerity.

Neoliberalism has devastated whole communities in the West and in the larger world. The multinational and military-industrial complex’s connections with oppressive regimes in the Arab world and Israel help squelch any genuine attempt for democracy and reconciliation in the region. The same repressive policies that helped the regimes in the Arab world clamp down on the Arab Spring have aided for years the settler colonial project in Palestine.

Concerted action against neoliberalism and the repressive Israeli occupation necessitates a network of solidarity including trade unions, student activists, anti-war and disarmament coalitions, victims of police brutality and groups fighting for the rights of the underprivileged and marginalized. The struggle for Palestine epitomizes the overall struggle for social and moral justice. It is not distracted by false political crises or distractions that remind us of the gladiators’ games in the declining Roman empire.

For all this attention, in Europe and the US, official positions on Palestine are as far as possible from public sentiment supporting equal rights. Any process that narrows the gap on Palestine between the electorate and the official political position, despite all the dangers mentioned earlier, is much better than the status quo.

Democratic change

A more democratized Britain harbors opportunities as well as dangers and requires all of us to take a nuanced look at reality. Democratic improvements can lead to a more honest reflection of the strong pro-Palestinian sentiment that exists here in the UK, including among the underprivileged parts of our society. Consequently, democratic change can be better for many Palestinians and for the Palestine solidarity movement, but can still be a nightmare for an immigrant facing expulsion or a child facing an increase in racism.

Finally, the vote is just the beginning of a process set in motion by the 2008 financial crisis. Any attempt at this moment to conclude that Brexit – which frankly nobody fully comprehends – is the end of the road would be premature.

Even at this early stage, we can say with certainty that countries such as Palestine – notwithstanding the despair, helplessness and imbalance of power faced there – can only benefit from earthquakes. Business as usual is the worse thing for Palestine.

In this respect, the potential for Palestine lies in the positions of two generational groups which stood out in the Brexit affair: the young generation of 18 to 24 and the older generation in their 70s and 80s. These two generational groups are deeply involved in activism for Palestine in the West. We know them and see them in our meetings, activities and advocacy. They are a powerful combination already rattling the neoliberal castles of comfort.

Their joint efforts help explain why young people chose a septuagenarian socialist as presidential hopeful in the US and a slightly younger socialist to head Labour in the UK. What unites them is a disgust towards the establishment’s economic, social and foreign policies. The publication of the Chilcot report and throughout the years leaks from Wikileaks and other sources, point out how dishonesty in social and economic policies is echoed in foreign policies of invasion, crypto-diplomacy and old imperial policies of divide and rule.

Political potential

Their vote in the Brexit referendum is not the critical issue: identifying the political potential is. Although those aged 18 to 24 in Britain voted overwhelmingly to remain, a large number of this age group did not vote at all. Only a touch over one-third of the younger generation voted. Furthermore, almost 40 percent of the elderly voted to remain and anecdotal reports indicate many among this age group declared their confusion and changed their opinions after the referendum. So the impulse was not only to say something clear about the EU, but to voice a democratic protest against establishments that run their lives, whether in Westminster or Brussels.

Jeremy Corbyn, the leader of the Labour party, was accused of not working wholeheartedly for the Remain campaign. This is true. He reflected the reluctance and confusion of the non-xenophobic electorate; namely “Remain” or “Leave” is not the crucial political agenda facing Britain. The real referendum has to be, and still will be, about social, economic and moral justice.

The younger generation and the elderly are our main electorate for Palestine. They are not easily fooled by neoliberal manufacturing of political crises that in the case of Prime Minister Cameron was caused mainly by his wish to win the last election.

The call from below for more transparent, moral and democratic policies can only enhance the cause of Palestine. Israel feared, and worked against, the democratic impulse that engulfed the Arab world in 2011. A similar impulse in Europe and the US is our only hope for narrowing the gap between popular pro-
Palestinian perceptions and official American and European policies on the ground. It is through the wider public that we will be able to challenge criminal Israeli policies in Palestine.

The author of numerous books, Ilan Pappe is professor of history and director of the European Centre for Palestine Studies at the University of Exeter.

Israeli army chief defends decision to hire controversial rabbi

The Israeli army chief rabbi-elect has previously defended rape of non-Jewish women and called gay people 'sick and disabled'
An Israeli soldier walks next to a tank near the Israeli border with the northern Gaza Strip (AFP)

Wednesday 13 July 2016

The head of the Israeli army on Wednesday defended the army’s decision to appoint a controversial chief rabbi despite a public outcry over the rabbi’s apparent endorsement of rape during wartime.

Israeli army chief Gadi Eisenkot said in a statement that he stood by his decision to make Colonel Eyak Karim the Israeli army's next chief rabbi, even if his comments as a civilian did not represent the army's values, Haaretz reported.

The statement added that Karim, in a discussion with Eisenkot, had promised to respect all people under his leadership and that he "sees the army as the people's army that accepts all recruits, whoever they might be."

In 2002, before he joined the army, Karim responded to a question asking whether Jewish scripture permitted soldiers to rape non-Jewish civilians during war by saying that while “intercourse with a female gentile [non-Jew] is very grave, it was permitted during wartime out of consideration for the soldiers' difficulties."

"And since our concern is the success of the collective in war, the Torah permitted (soldiers) to satisfy the evil urge under the conditions it stipulated for the sake of the collective's success,” he wrote in his reply.
The remarks were republished on Monday by various Israeli news outlets, just hours after the Israeli army announced Karim's appointment.

Karim, who reportedly clarified his comments in 2012 after they first attracted criticism saying that his words had been taken out of context, apologised again, according to a Ynet news.

However, his appointment has been condemned by top female Israeli politicians, and will still need the approval of defence minister Avigdor Lieberman. 

Senior Israeli parliamentarians condemned the army's decision to recruit Karim as its chief rabbi, saying he was "unfit to be the top rabbinical authority of the IDF [Israeli Army]".

Zehava Galon, head of the left-wing Meretz party, said: "His horrible racist and violent statements make women a target".

Prominent opposition Labor Party MP Shelly Yachimovich on Wednesday called on the army to scrap the appointment.

She said Karim's "odd and chilling" remarks "did not conform with the values of the country and the army".

But the Israeli army has knocked back the criticism.

“[Karim] has never written, said or even thought that an Israeli soldier is permitted to sexually assault a woman in war," the army said in the statement.

Karim, 59, is a former rabbi at the Ateret Cohanim yeshiva, or Jewish seminary, in Jerusalem's Old City.
He served in the army and was commander of an elite paratrooper brigade and is due to succeed Rafi Peretz, who completed a six-year term.

Israel is the only country in the world where military conscription is obligatory for both men and women. 
The army prides itself on its diversity and regularly promotes a high number of female soldiers. 

Unknown, unknowns of the May era in Britain

flag_uk_eu

by Victor Cherubim

( July 13, 2016, London, Sri Lanka Guardian) Nobody expected Theresa May would be the second woman, the 13th Prime Minister of Britain during the reign of Queen Elizabeth II, so soon. Nobody knew that she would turn a defeat of the “Remain” group into a victory for both “Remain and Leave” campaigns of the Referendum. Though the political context has changed, nothing really has happened or may happen for a while. From a legal standpoint, UK is still a full member of the European Union,

In the short term  

Global stocks have been rattled by the political turmoil in the U.K. But minutes after Theresa May won the race to succeed David Cameron as Prime Minister, the FTSE 100 market was boosted and the Pound spiked over $1.30. The rally of 92.22 points or 1.4% to 6682.86 was the highest for the FT in 11 months.

Siemans, Europe’s largest industrial and engineering conglomerate decided to back away from moving out of the UK and said:”We’re here to stay.” Weeks previous it had warned its 14,000 employees in its 13 manufacturing sites in UK that the higher costs and uncertainties of Britain leaving the EU could make the UK a less attractive place to do business, but made an about turn. Other conglomerates are doing likewise. Why?

The surge of enterprise is one of the unreported trends in the British economy, not in the last year, but over the last decade.

The number of Companies in the UK has reached an all time high of 3.7 million, up from 800,000 in 1979.
Business start-ups require access to talented entrepreneurs, but unknowingly it was the EU nationals, whether they were Polish, Rumanian, besides Irish, French and German, who were flooding into Britain in the months before Brexit. It was not one would expect, nor would it be true to read too much into it.

Venture Capital from Europe had no doubt planned their invasion into Britain months ahead of Brexit. They are now here to stay.

Britain is safe for business

There is no denial that Britain is safe for business. We may list a few reasons:

First, there is less regulation in Britain. It is simpler to set up a Company here than anywhere else in Europe. It is said to be the easiest country in which to start up a Business?

Second, Britain, we are informed will soon have the lowest Corporation Tax rate of   any major economy. It is expected to be reduced from 17% to 15%, compared to   29% in Germany and 33% in France.

Third, Capital Gains Tax for Venture Capital is a mere 10% as investment is rewarded.

Fourth, Britain’s migration policy attracts high skilled Chinese, Indian, US and other   EU nationals and they are here to stay.

Fifth, the huge devaluation of Sterling since Brexit has made the UK a lot cheaper.

Now that the “wait and see” of Brexit is over, there is the bonus to business confidence. The whole affair is low key, while screaming headlines relate a different story.

What about the long term?

Britain believes in getting on with it. The saying goes “a stiff upper lip,” is all that’s required. Many will know that the “Remain” camp lost out to right wing nationalists who wanted to exert their sovereignty. Everything was blamed on Europe, but suddenly unknown to the many Brexit was meticulously planned years in advance.

Theresa May, as the new Prime Minister will soon get moving appointing her Cabinet with both members of the Remain and Leave Camps. She knows the Opposition Labour Party is in disarray and has very carefully chosen her words to say there won’t be an early election. She will first want to unite the Conservatives and the Nation and govern with good sense. There is no doubt that when the time is right she will go to the electorate on the results of her policies, sooner than anyone expects.

The job in the long term is to “open up Britain to the world for business”. She wants to change the face of Britain with her message as “Compassionate Conservatives,” with a win/win for workers/consumers/investors.

What can Sri Lanka learn?

We too can be bold to make the most of the turbulence, instead of going around with a begging bowl. We do this by being “Open for Business.” The Supreme Court did us a blessing in disguise by overruling the VAT increase. The more money people have in their pockets, they more they are likely to spend. The more there is confidence in the Government, the more there will be investors ploughing in Venture Capital. The more there is investment in Sri Lanka, the more it will deliver progress to our people and power our future – a win/win situation.

Theresa May will take over at 10 Downing Street today. Here's what the next prime minister will be facing as she begins to navigate a British exit from the European Union. (Adam Taylor, Jason Aldag/The Washington Post)


Britain’s carefully choreographed political change of command culminated Wednesday with Theresa May inheriting the reins of a country caught in an unaccustomed vortex of uncertainty as it hurtles toward an exit from the European Union.

The departing leader attended his final session of Prime Minister’s Questions before visiting Buckingham Palace.
May was invited to govern the country during an audience with Queen Elizabeth II only minutes after David Cameron visited Buckingham Palace and formally resigned as prime minister.

A photo of May curtsying before a handbag-toting Queen signaled the moment that May formally ascended to the country's highest political office.

Minutes later, in her first address outside 10 Downing Street, May delivered a short but striking statement that sketched out her vision as Britain’s first female leader since Margaret Thatcher.
May departed from typical Conservative rhetoric and vowed to fight against the “burning injustice” that she said has worked against minorities and women. She also promised to work on behalf of the poor and the working class.

Although she did not delve deeper than broad strokes, May emphasized bright horizons for Britain outside the European Union in contrast to the gloomy forecasts from those who consider the referendum outcome a monumental mistake.

“As we leave the European Union, we will forge a bold, new, positive role for ourselves in the world and we will make Britain a country that works not for a privileged few but for every one of us,” said May, who had leaned toward the pro-E.U. side before last month’s vote on Britain’s E.U. future.

She also said she would vigorously defend the "precious bond of the United Kingdom," a nod to her determination to beat back the revitalized secessionist movement in Scotland driven by opposition to the decision to leave the European Union.

Earlier Wednesday, Cameron went through his final, mostly ceremonial, paces as leader.

He received a standing ovation in Parliament and declared Britain "much stronger" than when he took office six years ago as he left Downing Street for the last time as prime minister.

Amid gusting winds and bursts of rain, Cameron gave a short statement outside the prime minister's residence with his wife and three young children by his side. He thanked the country for the "greatest honor of my life" and wished his successor luck guiding Britain through its difficult E.U. split.

It was Cameron's bad bet on the E.U. — in calling a referendum that he lost — that set off Wednesday's transition, just a year after Cameron won a resounding victory that could have kept him in office until 2020.

Cameron took some jabs from opponents who blamed him for calling that vote when he appeared on the green benches of Parliament earlier Wednesday. He was also cheered by supporters, and his premiership was celebrated by fellow Conservatives who congratulated him on cutting the deficit, enacting gay marriage and appointing women to key posts — one of whom will take his place.

May became the 13th prime minister to air-kiss the hand of Queen Elizabeth II, who at 90 has seen leaders of government come and go on average every five years during her six-decade-plus reign.

But amid the pomp and circumstance was the serious business of a nation facing the gravest challenge to its identity since it shed its empire.

May, 59, is handed a daunting task from the 49-year-old Cameron that neither wanted: taking the country out of the European Union.

May, who is just the second female prime minister in British history after Thatcher, won the job on Monday after her sole rival, Andrea Leadsom, unexpectedly dropped out. May had already won the first round of voting — among Conservative members of Parliament — last week. With only one candidate in the race, a planned summer-long vote of rank-and-file party members was called off.

May takes the keys to 10 Downing Street after six years directing the country’s domestic security as home affairs secretary.

In that time, she developed a reputation as a steely yet cautious manager. Colleagues have described her as tough-minded and well-briefed on her portfolio of issues, which included the fight against Islamist extremist violence and policing of the country’s borders.

She has been a hawk on the need to cut immigration and had pushed for a greater government role in electronic surveillance.

Her views on foreign and economic policy are less known. But in her first major speech on the economy this week, her tone was more liberal than expected — emphasizing the need for growing the economy, rather than cutting government spending.

On foreign policy, she has taken a hard line on containing Russia and China. She has also worked closely with colleagues across Europe and in Washington on counterterrorism efforts as Westerners have flocked to Syria to fight alongside the Islamic State.

Supporters laud her resolve and her experience. Detractors depict her as stubborn and rigid.

“She’s the best of a bad bunch,” Vince Cable, a Liberal Democrat who worked alongside May as business secretary before last year’s general election, told the BBC.

May's first hours in office include briefings by top advisers on the most pressing problems facing the country. She will also be asked to write, by hand, a "letter of last resort" — the orders given to the commander of Britain's nuclear-armed Trident submarines to be carried out in the event that London is obliterated by an attack and the prime minister is killed. She will have to decide whether her orders are to retaliate, surrender or something in between.

But it is the British exit from the European Union — Brexit — that looms largest.

During the country’s referendum campaign, she was a reluctant advocate for staying in the 28-member bloc.

Since last month’s vote, however, she has repeatedly insisted that the voters’ will should be honored and that “Brexit means Brexit.”

One of her first major decisions as prime minister will be to choose when to begin negotiations. Before her victory was assured Monday, she had said that she would not trigger Article 50 — the never-before-used mechanism for exiting the European Union — before year’s end. But she is likely to come under pressure from European leaders across the English Channel and from Brexit advocates at home to accelerate that timetable.

Once the process has begun, Britain will have just two years to negotiate its way out of the bloc. The time frame is considered short for such a complicated untangling. Foreign Secretary Philip Hammond told Parliament this week that, in reality, it may take as long as six years.

It all could be moving too fast for British strategy-crafters. Cameron announced his plans to resign soon after the vote, having failed to persuade the country to take his advice and stick with the E.U. despite its flaws. His government had no real plans for what to do the day after a Brexit vote.

A key May lieutenant, Chris Grayling, told the BBC on Wednesday that “we should not rush into triggering Article 50” and that “preparatory work” was still needed before the talks with Europe could begin.
For Cameron, Wednesday represents the disappointingly abrupt end to a premiership that has stretched six years — but was supposed to last as many as 10.

He won office having promised to modernize the Conservative Party and to rescue a then-struggling economy.

His backers say he succeeded on both counts: He pushed through the legalization of gay marriage, a measure that proved the Conservatives could embrace socially liberal positions. And amid steep cuts to government spending, he oversaw a slow but steady expansion of the economy after taking over a country still mired in the aftershocks of global recession.

But Cameron lost his biggest gamble: He had hoped to end a decades-long rift in the country, and especially within his party, between opponents and critics of the E.U. with a national endorsement of the nation’s membership.

Last month’s narrow loss — 52 percent to 48 percent — means he will likely be remembered instead as the prime minister who unintentionally led the country into a messy break with Europe. That outcome could also sever the bonds of the United Kingdom, with Scotland threatening to secede if Britain leaves the European Union.

But Cameron received a generally warm farewell from lawmakers. Customarily a gladiatorial-style grudge match, the weekly Prime Minister’s Questions becomes a nostalgia-tinged farewell when a leader appears for the final time.

Standing two sword lengths from opposition leader Jeremy Corbyn, Cameron said he had taken 5,500 questions during his six years, though in his typically jocular style, he added that he would “leave it to others to work out how many I’ve answered.”

The two party leaders also engaged in some final jousting. Cameron described Corbyn, who has stubbornly refused to step down despite losing widespread support, as “the Black Knight in Monty Python,” who loses limb after limb while insisting that “it’s only a flesh wound.”

Cameron concluded on a tender note, saying he would “miss the roar of the crowd” and would be “willing all of you on.”

“You can achieve a lot of things in politics. You can get a lot of things done,” said Cameron, who will now take a place among the Conservative Party members in Parliament’s back benches. “And that in the end — the public service, the national interest — that is what it is all about."

His final line referenced a barb he once directed at one of his predecessors, Tony Blair: “I was the future once,” the still-youthful-looking leader said.

Chinese netizens smash their iPhones to protest Hague ruling on South China Sea


Chinese netizens posted images of their smashed iPhones in response to the ruling on the South China Sea dispute. Image via oc.ccChinese netizens posted images of their smashed iPhones in response to the ruling on the South China Sea dispute. Image via oc.cc

 

CHINESE media have reported that netizens are expressing their dissatisfaction with the ruling by posting photos of their smashed up iPhones and calling for a boycott of American goods, due to close ties between the U.S. and the Philippines.

Hong Kong-based BBC Chinese producer Grace Tsoi pointed out an article posted on Chinese website on.cc containing photos of what appears to be iPhones that were deliberately bent or had shattered screens.
Chinese netizens smash their iPhones in order to protest against the  ruling made by The Haguehttp://hk.on.cc/cn/bkn/cnt/news/20160712/bkncn-20160712221204468-0712_05011_001.html 
Photo published for 南海仲裁:網民遷怒美國 砸毀iPhone洩憤

南海仲裁:網民遷怒美國 砸毀iPhone洩憤

南海仲裁案的裁決結果公布後,內地網民顯得十分憤怒,除了對始作俑者菲律賓大表不滿,也認為這宗仲裁案是美國在背後推波助瀾,甚至...
hk.on.cc
 
Late last month, iPhone 6 models faced a sales ban in China but the Beijing Intellectual Property Court accepted an appeal by Apple to review the order to halt sales.

The appeal came after reports last week that a regulator in Beijing found the design of the iconic Apple product to closely resemble a phone from a Chinese competitor.

Yesterday, the Permanent Court of Arbitration in The Hague said China breached the Philippine’s sovereign rights by exploring resources in the South China Sea in a landmark ruling.

The tribunal issued its ruling Tuesday in The Hague in response to an arbitration case brought by the Philippines against China.


Meanwhile, China’s ambassador to the U.S. says the international tribunal ruling that rejected its expansive claims over the South China Sea will intensify conflict and could lead to confrontation.

Ambassador Cui Tiankai also accused the Hague-based tribunal of “professional incompetence”, saying it was dealing with a sovereignty dispute, which is beyond its jurisdiction.

Cui was speaking at a Washington think tank hours after the tribunal issued its ruling Monday.

U.S. officials say the ruling will narrow the geographical scope of territorial disputes in the South China Sea and could provide an impetus for fresh diplomacy among the claimant nations.

Cui said China always supports negotiations among the concerned parties, but the ruling will undermine the possibility of diplomacy.

Additional reporting by Associated Press