EU court removes freeze on LTTE funds orders delisting

The European Union’s top court today removed the freeze on LTTE funds in EU countries and also ordered that the LTTE be removed from the EU’s terrorism list.The court said the EU had not produced any evidence to show that there was a risk of the Tamil Tigers carrying out attacks after its military defeat in 2009, the Reuters news agency reported. LTTE was added to the list in 2006. (Colombo Gazette) The EU terrorism list, created after the Sept. 11 attacks in 2001 and last updated in January, includes 13 individuals and 22 organizations, such as the Communist Party of the Philippines and Peru’s Maoist-inspired rebel group, Shining Path. “The Court of Justice therefore confirms the annulment of the continued freezing of the LTTE’s funds,” it said. read more

IMF dispatches technical staff team to Argentina

WASHINGTON — The International Monetary Fund is sending a technical team to Argentina on Saturday to discuss the policy plans of President Mauricio Macri’s administration.The IMF said Friday that the team headed by Roberto Cardarelli will also meet with the economic advisers of the main candidates in the October presidential election.Argentina’s stocks and currency have lost value since centre-left presidential candidate Alberto Fernández and his unrelated running mate, former President Cristina Fernández, topped Macri this month by 16 percentage points in primary voting for the country’s political parties— a margin large enough to suggest they might win a first-round victory in the Oct. 27 general election.Argentina has received $44.1 billion since the IMF approved a $56 billion loan in 2018.The Associated Press read more