Business Pivot Point

The leading party of today’s ruling party of Sri Lanka is lead by president Mahinda rajapaksha. The general elections which were held on Thursday had the record of lowest turnout. The record of lowest turnout is found to be a history of parliamentary elections in Sri Lanka. The United People’s freedom (UPFA) till Friday had won about 117 seats in Sri Lanka. UPFA had crossed 113 marks and simple majority of 225 members was given to them.

Principle opposition, nearest competition United National Party reached 47 seats. Democratic National alliance was led by former army chief Foneseka was left with just with five seats. The southern strongholds wiped the Marxist Janata Vimukthi Perumana .Some 12 seats was bagged by Tamil National alliance and won the district of Jaffna. The delay will be made during the final result announced the election department.

The delay was mainly due to the results of districts Kandy and Trincomalee which had some malpractices. The two districts have ordered fresh polls which were announced by election commissioner Dayananda Dissanayaka. UPFA even didn’t have good results in these two districts and had a fall short of 2/3 rd majority. The latest poll verdict would give the new government lot of energy to go ahead and work on full scale rebuilding of the trouble torn nation.

Serbia’s parliament has passed a landmark resolution offering an apology for the Srebrenica massacre in 1995 - the worst incident of the Bosnian War.

The resolution says Serbia should have done more to prevent the tragedy. It was approved by a narrow majority.

However it stopped short of calling the killings a genocide.

The killing of nearly 8,000 Bosniaks (Bosnian Muslims) was carried out by Bosnian Serb forces - allies of then-Serbian President Slobodan Milosevic.

Meanwhile, a Dutch court has rejected an attempt to hold the United Nations responsible for the massacre.

Heavy rain in southern Colombia has delayed an operation to collect a soldier who left-wing rebels have promised to release after 12 years.

Sgt Pablo Emilio Moncayo was just 19 when he was seized by Farc guerrillas.

The rebels unilaterally freed another soldier on Sunday but are still holding some 20 members of the security forces.

It is not clear how long the mission will be delayed but two helicopters are set to fly from the city of Florencia to the agreed handover location.

Colombia’s peace commissioner, Frank Pearl, said the decision to take off would be down to the crew of the two helicopters loaned by Brazil.

Iraqi Prime Minister Nouri Maliki has vowed to contest the results of parliamentary elections that saw former PM Iyad Allawi win a narrow victory.

Speaking angrily on national television, he said he would challenge the count through what he described as a legal process.

Mr Allawi won by only two seats, paving the way for weeks of political wrangling to form a new government.

Earlier, UN envoy to Iraq Ad Melkert said the election had been credible.

He called on all parties to accept the outcome.

The landmark US healthcare reform bill must be sent back to the House of Representatives for approval after two issues were raised by Republicans.

During an all-night voting session, two points relating to student loans were found to violate Senate procedure, said an aide to the Senate majority leader.

They were described as “relatively minor provisions”.

They will have to be deleted, approved by the Senate and then sent back to the House for approval.

The bill was passed in the House of Representatives by 219 votes to 212 on Sunday, with no Republican backing.

Israeli Prime Minister Benjamin Netanyahu says he is hopeful of a compromise on the row over Jerusalem settlements after talks in Washington.

He boarded his plane back to Israel talking of a “golden way” to revive Mid-East peace talks but there was no official comment from the White House.

Mr Netanyahu met President Barack Obama and held last-minute talks with Mid-East envoy George Mitchell.

Neither he nor US officials gave details of what was discussed.

The row over Israel’s plans for homes in occupied East Jerusalem has caused one of the worst crises in US-Israeli ties for decades.

French voters are going to the polls in the final round of regional elections.

In the first round a week ago, President Nicolas Sarkozy’s right-wing UMP party received one of its lowest scores in decades.

The UMP won just over a quarter of the vote, while the opposition Socialists, combined with other Leftist parties, took 50%.

A poll now suggests that 57% of people would like to see a change of government after these regional polls.

Although these elections are meant to be about regional issues such as public transport, high unemployment and resentment over plans to reform several sectors including the judicial and pension systems have prompted many French people to use their ballot to punish the government.

The UN chief has said Israel’s blockade of Gaza is causing “unacceptable suffering,” during a Middle East visit to reinvigorate the peace process.

Ban Ki-moon told Gazans that “we stand with you” as he visited an area damaged by Israel’s offensive 14 months ago.

His visit to the region comes amid tension over Israel’s plans to build more settlements in East Jerusalem.

Rebuilding is difficult due to a lack of building materials during the three-year blockade.

Israel imposed a tightened blockade after the Islamist Hamas movement seized power in June 2007.

Speaking in Gaza, Mr Ban said families were living under “unacceptable, unsustainable conditions”.

The former Nepalese Prime Minister Girija Prasad Koirala has died in Kathmandu, his aides and state TV say.

Mr Koirala, 86, served four terms as PM with the Nepali Congress Party and led protests that brought down King Gyanendra’s authoritarian rule.

Thousands of supporters had gathered outside his daughter’s house where he was taken after being in hospital for several days.

Mr Koirala’s political career spanned seven decades.

He first came to prominence as a union leader in the late 1940s, and he was imprisoned, exiled or detained on numerous occasions for championing the cause of democracy against various autocratic regimes.

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