NewsWhore
02-26-2009, 06:30 PM
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Sri Lanka May Need Bailout as War Debt, Currency Drain Reserves (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaQmyeTpZgJuU%26refer%3Dasia&cid=1303947924&ei=jyanSYPVCN-fmAe6pNCgBA&usg=AFQjCNGGjjpn2J5Fq9FdYxmDnsQZ0RTcSQ)
Bloomberg
Since August, the South Asian nation has spent half its foreign reserves, now $1.7 billion, on supporting its currency, paying debt and buying imports. That doesn’t leave much after the government shells out another $900 million due in 2009. ...
More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaQmyeTpZgJuU%26refer%3Dasia&cid=1303947924&ei=jyanSYPVCN-fmAe6pNCgBA&usg=AFQjCNGGjjpn2J5Fq9FdYxmDnsQZ0RTcSQ)
Sri Lanka May Need Bailout as War Debt, Currency Drain Reserves (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaQmyeTpZgJuU%26refer%3Dasia&cid=1303947924&ei=jyanSYPVCN-fmAe6pNCgBA&usg=AFQjCNGGjjpn2J5Fq9FdYxmDnsQZ0RTcSQ)
Bloomberg
Since August, the South Asian nation has spent half its foreign reserves, now $1.7 billion, on supporting its currency, paying debt and buying imports. That doesn’t leave much after the government shells out another $900 million due in 2009. ...
More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaQmyeTpZgJuU%26refer%3Dasia&cid=1303947924&ei=jyanSYPVCN-fmAe6pNCgBA&usg=AFQjCNGGjjpn2J5Fq9FdYxmDnsQZ0RTcSQ)