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Sridharan resigns from ITAK leadership?

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S. Sridharan, who was recently elected as the leader of the Ilankai Thamil Arasu Kachchi (ITAK), has resigned from his post, reports say.

According to a report on ‘Aruna’, the decision has been formally informed to the party.

Sridharan was elected ITAK leader in late January after securing majority votes at a secret ballot held at the Trincomalee Municipal Council Hall. MP and President’s Counsel M.A. Sumanthiran as well as former MP Sinithambi Yogeswaran also contested for the leadership.

The ITAK National Convention was to be held in late February in Trincomalee and the new leader was to be appointed officially at the convention.

However, a member of ITAK had filed a case against the party national convention at the Jaffna District Court to which the court had issued an interim injunction. 

Furthermore, the Trincomalee District Court has also barred the convention from being conducted over a case being filed at the Trincomalee District Court.

Noting that his appointment becomes unconstitutional in this backdrop, Sridharan has tendered his resignation, urging the party to re-elect a leader after the court proceedings conclude and that he will also re-run for the party leadership then.

(Source : Aruna)

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Sri Lanka Mirror wishes everyone a happy Sinhala and Tamil New Year!

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The 2024 Sinhala and Tamil New Year dawned at 09.05 pm last night (April 13).

‘Sri Lanka Mirror’ extends heartfelt New Year greetings to all our readers. May this upcoming year be filled with boundless happiness, prosperity, and success for each and everyone of you.

–  Sri Lanka Mirror team

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Derailed train causes delays on coastal line

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A train has derailed at the Kalutara South railway station on Saturday morning (13).

Trains operating on the Coastal Line are thus experiencing delays, Sri Lanka Railways said.

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Kristalina Georgieva to head IMF for a 2nd term

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The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024.

The appointment comes ahead of the start of the fund’s spring meetings in Washington next week.

Georgieva, who has been in the role since the autumn of 2019, was the sole candidate for the position. However, it was only after European leaders signalled that they would endorse her last month that her candidacy was assured.

In a statement, the coordinators of the Executive Board, Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah has said, “Looking ahead, the Board welcomes Ms. Georgieva’s ongoing emphasis on issues of macroeconomic and financial stability, while also ensuring that the Fund continues to adapt and evolve to meet the needs of its entire membership. It recognizes her focus on strengthening the Fund’s support to its members through effective policy advice, capacity development and financing. The Board looks forward to continuing to work closely with the Managing Director.”

“I am deeply grateful for the trust and support of the Fund’s Executive Board, representing our 190 members, and honored to continue to lead the IMF as Managing Director for a second five-year term,” Ms. Georgieva has said.

The Bulgarian national has served as Managing Director since October 1, 2019. The Managing Director is the chief of the IMF’s operating staff and Chair of the Executive Board. The Managing Director is assisted by four Deputy Managing Directors in overseeing the Fund’s operations, which serve its membership through about 3,100 staff.

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