The Sri Lankan Rupee depreciated further against the US Dollar today.The Rupee was selling at Rs 168.63 against the US Dollar today.
by The Canadian Press Posted Jun 10, 2016 9:47 am MDT Last Updated Jun 10, 2016 at 10:27 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Statoil confirms two new oil discoveries off Newfoundland and Labrador ST. JOHN’S, N.L. – Statoil says a 19-month drilling campaign in the Flemish Pass off the coast of Newfoundland resulted in two discoveries of oil in the Bay du Nord area.The Norwegian company says in a statement the discoveries, at the Bay de Verde and Baccalieu prospects, have reduced uncertainty about the commercial potential of the field.Reserves for the Bay du Nord site were originally estimated between 300 and 600 million barrels, and Statoil says it appears the final volumes will be at the lower end of that range.Nine wells were drilled near the discovery, about 500 kilometres east of St. John’s, N.L. Only 17 wells in total have been drilled in the Flemish Pass Basin, a harsh environment.A senior vice-president for Statoil Exploration said the company was encouraged by the new discoveries.“This drilling campaign has been critical both to maturing the Bay du Nord discovery as well as evolving our knowledge of the greater basin and Newfoundland offshore – which remains a core exploration area for Statoil,” said Erling Vagnes in a release.The drilling program began in November 2014 and was extended by a month to allow for the drilling of the Baccalieu well.Statoil says it is still assessing the commercial potential of the Bay du Nord discovery.“The recent drilling program has been critical to Statoil’s continued assessment of Bay du Nord, and work is underway to evaluate the results related to proceeding with a potential Statoil-operated development in the Flemish Pass Basin,” said Paul Fulton, president of Statoil Canada.
Each week 10,000 Muslims cross into eastern Cameroon to escape the violence consuming the Central African Republic. Many new arrivals report being repeatedly attacked as they fled. UNHCR staff members Paul Spiegel and Michele Poletto recently travelled to eastern Cameroon and share these images. © UNHCR/P. Spiegel/M. Poletto ‹ › Over 290,000 people have fled to neighbouring countries in search of refuge from the ongoing conflict in CAR, which began in December 2012 with attacks by mainly Muslim Séléka rebels. More than 650,000 are also internally displaced and 2.2 million, about half the population, are in need of humanitarian aid. UNHCR said that despite the obstacles to their movement, an average of 10,000 people now cross weekly from CAR into eastern Cameroon. With the main entry points at Garoua Boulai and Kenzou no longer accessible due to anti-Balaka activities, people are using alternative routes. “This has caused the number of entry points into Cameroon to grow from 12 to 27 over last three weeks, making it more challenging for our colleagues to monitor the border,” Ms. Fleming said.Since the beginning of the year, Cameroon has received 69,389 refugees from CAR. This is on top of the 92,000 Centrafricain refugees who have fled in various waves since 2004 to escape rebel groups and bandits in the north of their country.In a statement yesterday, Secretary-General Ban Ki-moon renewed his call for an immediate end to the killings, targeted attacks and other atrocious human rights violations that continue with total impunity in CAR.He also welcomed the establishment by the Security Council of a UN peacekeeping operation in the country, which he hoped will lead to the immediate, concrete and sustainable support that the Central African people need and deserve. “Over the past two weeks, our colleagues in Cameroon have been seeing refugees arrive with wounds from machetes or gunshots,” Melissa Fleming, spokesperson for the UN High Commissioner for Refugees (UNHCR), told a news briefing in Geneva.She said UNHCR staff had also seen increasing numbers of people crossing into Cameroon via remote border entry points in an effort to evade the mostly Christian anti-Balaka militias. “New arrivals told our colleagues that anti-Balaka militias have blocked main roads to Cameroon, forcing them to wade through the bush for two to three months before reaching the border,” she said. “The refugees also said that the anti-Balaka attacked them during their flight.”The majority of the new arrivals are women, children and elderly people, and all are Muslims. They told UNHCR staff that the men stayed in CAR to create self-defence groups to protect their community and their cattle.“UNHCR is calling on the anti-Balaka to stop preventing civilians from fleeing to neighbouring countries for safety. We are also calling on all sides to the conflict to renounce violence,” said Ms. Fleming.