NewsWhore
02-27-2009, 02:00 AM
<img alt="" height="1" width="1">
Sri Lanka May Need Bailout as War Debt Drain Reserves (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DadCnELXgpXbY%26refer%3Dindia&cid=0&ei=KJCnSbL9BoHcNqK9yeYD&usg=AFQjCNGXuv4Jv9qM7be0FGPH8xHqD4hQEw)
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/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DadCnELXgpXbY%26refer%3Dindia&cid=0&ei=KJCnSbL9BoHcNqK9yeYD&usg=AFQjCNGXuv4Jv9qM7be0FGPH8xHqD4hQEw)
Sri Lanka May Need Bailout as War Debt Drain Reserves (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DadCnELXgpXbY%26refer%3Dindia&cid=0&ei=KJCnSbL9BoHcNqK9yeYD&usg=AFQjCNGXuv4Jv9qM7be0FGPH8xHqD4hQEw)
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/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DadCnELXgpXbY%26refer%3Dindia&cid=0&ei=KJCnSbL9BoHcNqK9yeYD&usg=AFQjCNGXuv4Jv9qM7be0FGPH8xHqD4hQEw)