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Tuesday, 26 January 2010 - Out of war's shadow, Sri Lankans vote for president |
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    Read more with google mobile : Out of war's shadow, Sri Lankans vote for president |

    Edition: U.S. Article Slideshow Video Save Email Print Reprints Most Popular Most Shared Haiti orphans at risk from traffickers -government, UNICEF 25 Jan 2010 Chinese media scorn U.S. over Google dispute 4:15am EST Obama to seek three-year freeze on domestic spending 10:17am EST UPDATE 2-'Avatar' replaces 'Titanic' in record books 24 Jan 2010 SEC mulled national security status for AIG details 24 Jan 2010 Italian teen stabs father in PlayStation row 25 Jan 2010 Human "bed-warmers" at Holiday Inn 22 Jan 2010 Obama to seek three-year freeze on domestic spending 10:17am EST U.S. bans "texting" by truckers, bus drivers 6:38am EST France should denounce, ban Muslim face veils: panel 10:25am EST Out of war's shadow, Sri Lankans vote for president Ranga Sirilal and C. Bryson Hull COLOMBO Tue Jan 26, 2010 8:48am EST Factbox Sri Lanka presidential candidate Sarath Fonseka Mon, Jan 25 2010 Related News Stage set for Sri Lanka's historic presidential vote Mon, Jan 25 2010 Sri Lanka Tamils back war-winning general for president Wed, Jan 6 2010 U.S. says more hard work ahead in post-war Sri Lanka Wed, Dec 9 2009 Both Romanian candidates claim presidency win Sun, Dec 6 2009 Related Video Sri Lankans head to polls 5:49am EST < 1 / 18 > View Full Size COLOMBO (Reuters) - Two former allies who led Sri Lanka to victory in a 25-year civil war dueled at the ballot box on Tuesday after a bitter, personal campaign for the country's first peacetime presidential vote in nearly three decades. World President Mahinda Rajapaksa and General Sarath Fonseka are the rivals in a close contest in which the defeat of the Liberation Tigers of Tamil Eelam (LTTE) in May has figured heavily in campaigning, with both claiming credit. Rajapaksa as commander-in-chief and Fonseka as the army commander stood side-by-side after the historic victory in May, but within months split over what the general said was his sidelining by the president and false coup plot accusations. More than 14 million people registered to vote and election monitors said overall turnout was strong at between 70 and 80 percent. Heavy security included more than 68,000 police officers and fears voting day would be bloody did not materialize. Fonseka himself was not among the registered voters, although the Election Commission said that did not affect his eligibility. Fonseka initially told reporters he "may have voted" but didn't want to say if he had "due to security reasons." He later called a second media conference and acknowledged his name was not on voter rolls despite registering in 2008. Counting, starting with postal ballots, began on Tuesday night, with the final result expected by midday on Wednesday. The Colombo Stock Exchange, open for a half-day trading session, rose 1.1 percent. It was one of the world's best performing markets last year, gaining 125 percent on post-war optimism, and is at record levels this year. Whoever wins will take the reins of a $40 billion economy still awaiting the full peace dividend, despite large Indian and Chinese investments into infrastructure and about $1.5 billion in foreign investment into government securities. Major investors have mostly shied away, saying Sri Lanka must first rein in government spending, which would in turn boost confidence in the rupee currency. The rupee has been mainly stable in the past year but fell as much as 6 percent in April and May as cash reserves plunged. Both Rajapaksa and Fonseka have pledged to dole out costly subsidies and public sector pay rises, which economists say will make it hard for Sri Lanka to meet its cost-cutting obligations under a $2.6 billion International Monetary Fund loan. BLOODY CAMPAIGNING Campaigning had been bloody, with more than 800 violent incidents recorded, among which five people were killed. However polling was smooth, election observers said, despite minor blasts before polls opened in the northern city of Jaffna, the cultural center of Sri Lanka's Tamil ethnic minority, a petrol bomb attack and other minor incidents. There were no casualties. The blasts may have triggered low turnout in the former war zone, with less than 20 percent voting in the Northern Province, where Jaffna is located. Around 50 percent voted in the Eastern Province. Analysts had given Fonseka the edge in both areas. Both sides traded blame for the blasts, with Fonseka's camp saying they were aimed at deterring his backers. Rajapaksa's camp accused the opposition of trying to discredit the president. A motley coalition of opposition parties with divergent ideologies have united to support Fonseka with the sole aim of defeating the incumbent, who called the vote two years early hoping to capitalize on what then seemed unbeatable post-war popularity. A handful of international observers and 250,000 election officials have spread out across the Indian Ocean island, which for the first time in nearly three decades votes without the fear of suicide blasts or attacks by the Tamil Tiger separatists. "Today's victory will be remarkable. It's been evident with voters across the nation participating toward our victory," Rajapaksa said after voting in Medamulana, his rural district on the southern coast. "We expect a peaceful election and are getting ready to enjoy a better tomorrow." In the capital Colombo, 51-year-old security guard Jayantha Perera said he wanted whoever won to tackle the economy. "What I expect in the future is that in the same way peace was established, the cost of living will be brought down and the unemployment problem will be solved, " he told Reuters TV. In Medamulana, O.K. Dingininya, 85, insisted on voting for the first time in 15 years, despite being barely able to walk. "(Rajapaksa) has liberated this country and allowed us to move freely," he told Reuters as he was helped into a booth. (Additional reporting by Ranga Sirilal in COLOMBO, Shihar Aneez in MEDAMULANA, and N. Parameswaran in JAFFNA; Editing by Paul Tait and Jerry Norton) World More from Reuters Consumer confidence gains but housing tenuous NEW YORK (Reuters) - Consumer confidence in January hit its highest level since September 2008 in data published on Tuesday, but another report showed house prices beginning to slip again after stabilizing last year. GM, Spyker close to announcing deal on Saab: source Warren Buffett builds $1 billion stake in Munich Re Obama to seek three-year freeze on domestic spending Verizon mobile subs strong but wireline disappoints Stocks rise on consumer confidence, but China weighs » More Top News Special Report: Africa rising Africa's tales of war and diamonds, tribal rivalries and secret Swiss bank accounts have made it too risky for investors. That may be changing.  Full Article  Africa ponders managing new wealth The billionth African Davos 2010 Get some help from Bill Gates There's a reason Bill Gates has all that money: He has really smart ideas. And his new Web site could offer business owners some helpful insight.  Full Article  5 steps to your own business Start-up fuses luxury watches, mobiles Small Business © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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