G20 Summit in London:
World leaders agree to tackle global crisis
Leaders of the world’s largest economies have
reached an agreement at the London Summit to tackle the global
financial crisis with measures worth $1.1 trillion (681 billion
pounds).
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Demand for gold declines
The gold market is severely affected by the
global financial crisis creating low demand for products, said gold
manufacturers in Colombo. “The demand for gold declined sharply
during the past six months due to surge in gold prices.
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Railway banking launched
LankaPuthra Development Bank (LDB) and Ceylon
Government Railway made history by launching Railway banking, the
latest concept banking at railway stations and in the compartments
of trains.
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