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...government said the successful strike proved the superiority of its air power and intelligence. The director general of the Media Center for National Security, Lakshman Hulugalle, said the aerial attack also showed that a recent Tiger air attack on a key government air base had not seriously compromised Colombo's air force. "As far as we are concerned, it is a morale boost for the government and we have got another LTTE leader," says Hulugalle. "It also showed that the Air Force has not lost its capacity to strike." Defence Minister Gotabaya Rajapaksa, President Mahinda Rajapaksa's brother, told Reuters...

Author: /time Magazine | Title: Sri Lanka Kills Rebel Leader | 11/2/2007 | See Source »

...Economic Cycle Research Institute, an outfit with a good record of at least noticing when recessions have begun, the indicators still point toward growth--albeit less convincingly than two months ago. "Having a jobs report come in negative does not mean that a recession has started," says managing director Lakshman Achuthan. But the risk is there, and Achuthan guesses it will worsen if loan markets fail to calm down. If a month from now a borrower with good credit still can't get a jumbo mortgage at a reasonable rate, a recession will be much likelier...

Author: /time Magazine | Title: Coping With a Real-Estate Bust | 9/13/2007 | See Source »

...entertainment to divert the attention of the ignorant masses from the real issues. Labeling sports and film personalities as heroes is a great disservice to the war heroes, scientists and countless others who are making a real and lasting contribution to a better life for their fellow human beings. Lakshman S.G. Dalpadado Colombo...

Author: /time Magazine | Title: Letters | 11/27/2005 | See Source »

...party failed to win a parliamentary majority. Without it, Kumaratunga "cannot do everything stated in her manifesto," says Jeremy Clarke, who heads the International Monetary Fund's Sri Lankan operations. Last week, she found she had insufficient authority to install her choice for Prime Minister, former Foreign Minister Lakshman Kadirgamar, and was forced to accept his rival Mahinda Rajapakse. As for resuming peace negotiations with the Tigers, Jehan Perera of the National Peace Council says the most the President can now do is "talk about talks...

Author: /time Magazine | Title: Tiger Hunt | 4/12/2004 | See Source »

...LAKSHMAN ACHUTHAN: It's very much a question of timing. Essentially, a weak economy trumps a deficit. Now, if we have an economy growing, it could put some wind at the back of interest rates and pose some hurdles for economic growth...

Author: /time Magazine | Title: Is Our Deficit Too Big? | 10/13/2003 | See Source »

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