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...stands by its number: 7,000 civilian casualties. 7,000? No way. In the eastern province, zero casualties. I won't say there are zero casualties in the north. The LTTE shot some when they tried to escape. (Read "The Tigers' Last Days...

Author: /time Magazine | Title: Q&A with Sri Lanka's President Mahinda Rajapaksa | 7/27/2009 | See Source »

...believe in some kind of self-governance for the Tamils? Don't say Tamils. In this country, you can't give separate areas on an ethnic basis, you can't have this. With the provinces, certainly there must be powers, where local matters can be handled by them...

Author: /time Magazine | Title: Q&A with Sri Lanka's President Mahinda Rajapaksa | 7/27/2009 | See Source »

...just war but two decades of neglect. Aside from an application for an IMF loan, Rajapaksa's only major economic initiatives are a $1 billion port in his hometown in the south and a $26 million loan scheme for small businesses in the north, both of which, critics say, may be politically popular but are unlikely to make an economic impact. Muttukrishna Sarvananthan, principal researcher at the Point Pedro Institute of Development, notes that Rajapaksa has so far failed to explain how he will generate enough growth to sustain Sri Lanka's $2 billion military budget, an amount almost equal...

Author: /time Magazine | Title: Mahinda Rajapaksa: The Hard-Liner | 7/27/2009 | See Source »

...critical of the government after the war's end, and it has not yet found those responsible for the murder in January of a prominent Sri Lankan journalist and critic of the government, Lasantha Wickrematunge, who was also a freelance reporter for TIME. But those who know Rajapaksa well say that his pragmatism may, in the end, win out. He never took a strong position on the LTTE until he ran for President, and he has supported privatization as President despite his long history as a left-leaning trade unionist. Most surprisingly, he was once a passionate advocate for human...

Author: /time Magazine | Title: Mahinda Rajapaksa: The Hard-Liner | 7/27/2009 | See Source »

...revenues at 2009's halfway mark--a 31% jump from June 2008--the investment-banking giant is on track to dole out some of the largest bonuses in its 140-year history. In June, Goldman paid back the $10 billion in TARP funds it accepted, and analysts say the move underscores Wall Street's willingness, after its nuclear winter, to embrace risk once again...

Author: /time Magazine | Title: The World | 7/27/2009 | See Source »

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