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Federal agents bust two large scale-drug rings in Delaware

WILMINGTON, De. - Prosecutors in Delaware announced they dismantled two large-scale drug rings that plagued to local communities. United States Attorney David Weiss and federal agents from the FBI and DEA met with the media on Thursday to discuss the operations that peddled narcotics, including fentanyl and methamphetamine in communities in Dover and Rosemont. "The drugs sold and the toxic mixture created are becoming more dangerous, the tactics deployed by the defendants are more sophisticated," Weiss said. Investigators showed pictures of the large-scale, illegal drug operation being run in Dover in which undercover agents made multiple buys of fentanyl and methamphetamine over the last five months. MORE LOCAL HEADLINESThey argue the arrests of the Fountain brothers, Dwayne, and Martin, and two other suspects, lead to a record-setting haul of 7.5 kilograms of fentanyl.

A top official with the Philadelphia office of the federal Drug Enforcement Agency said the 7.5 kilograms equals 380 thousand potentially lethal doses of fentanyl.In Rosegate, near Wilmington, the Feds have indicted twelve suspects for alleged drug dealing that plagued the community.  They say the defendants not only moved narcotics on the streets but recruited residents to help them. The Delaware head of the FBI said they’ll seek long jail terms for those involved in both drug operations. "Our goal is not just to put people in cuffs for a few days, but to build cases that cut those criminal enterprises off at their very source," Head of FBI operations in Delaware, Joshua Wilson, said.

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Ranil Wickremesinghe - Ranil Wickramasinghe - President calls for Sri Lanka – Japan collaboration - newsfirst.lk - Japan - Sri Lanka - city Tokyo, Japan
President calls for Sri Lanka – Japan collaboration
President Ranil Wickremesinghe engaged in a pivotal business round table on “Sri Lanka’s Economic Revival & Opportunities for Japanese Enterprise,” where he presented the nation’s commitment to stabilizing and liberalizing the economy while actively inviting new foreign ventures.The event, jointly organized by JETRO, Japan-Sri Lanka Business Co-Operation, and the Embassy of Sri Lanka in Japan, aimed to strengthen economic ties between the two nations.During the round table, President Wickremesinghe fervently outlined the ongoing efforts undertaken by Sri Lanka to restore stability and openness to its economy, presenting an inviting climate for foreign investment. With a clear vision to attract Japanese enterprise, he discussed the various measures and reforms being implemented to create a conducive business environment for potential investors.Recognizing Japan’s significance as a vital economic partner, President Wickremesinghe emphasized the mutual benefits that can be derived from increased collaboration between the two nations. Sri Lanka’s strategic location and skilled workforce were highlighted as key advantages, providing a gateway for Japanese companies to expand their operations in the region and leverage the country’s emerging economic opportunities.As Sri Lanka continues its journey toward economic revival, President Wickremesinghe’s active participation in the round table, underscores the government’s unwavering commitment to attracting foreign investment and driving sustainable economic progress.Meanwhile, President Ranil Wickramasinghe also joined a meeting with the Japan-Sri Lanka Parliamentary Friendship Association.Meanwhile, a meeting took place in Tokyo between Japan’s Minister of Digitization, Mr.
Ranil Wickremesinghe - Sri Lankan President presents IMF-program based revenue generation plan - newsfirst.lk - Sri Lanka
Sri Lankan President presents IMF-program based revenue generation plan
COLOMBO (News 1st); Sri Lanka's President Ranil Wickremesinghe told Parliament that the government will be introducing a serious of reforms after the IMF Executive Board granted approval for a bailout package of the country.Increasing Public Revenue:– Reduce the primary deficit to 2.3% of the GDP by 2025.– Increase the government’s revenue up to 15% of the GDP by 2026 through our measures.– Raised the standard corporate income tax rate to 30% without sectoral tax holidays.– PAYE tax rate was increased from 8% to 15%.– The measures required to reduce the existing tax exemptions on Value Added Tax (VAT) will come into effect by 2025. Further, necessary measures will be taken to remove the simplified VAT system and expedite its reimbursement.–  Steps have also been taken to introduce tax on awards / substitutes and to introduce Estate Duty as a property tax by 2025, while providing an appropriate tax exemption allowance at a minimum.–  Revamping the property tax system and introducing a wealth transfer tax – Introduce a gift and inheritance taxManaging Expenditure:– Increase the allocations provided to cover the expenses through proper management of expenditure.– Adjustments in certain salary scales and pension schemes as part of the impact of inflation within the primary deficit targets.State Enterprises and Energy Cost: – Fuel prices will be determined based on the 2018 Price Formula.
Sinopec and China Merchant delegates in Colombo to enhance cooperation, investments - newsfirst.lk - China - Sri Lanka - Hong Kong
Sinopec and China Merchant delegates in Colombo to enhance cooperation, investments
COLOMBO (News 1st); Top delegations from the Sinopec Group (Ranking 5th in the Fortune Global 500 list of 2022) and the China Merchants Group (152nd) are currently visiting Sri Lanka.The Chinese Embassy in Sri Lanka tweeted that the delegates are in the country to enhance cooperation and further investment on petroleum & chemicals, trade, and port & industrial park operation.China Merchants Group: China Merchants Group (CMG) is a state-owned backbone enterprise headquartered in Hong Kong. CMG was founded in the Self-strengthening Movement in the late Qing Dynasty in 1872. As the first joint-stock company in modern China, it established the first merchant fleet, the first bank and the first insurance company in China, pioneering China's modern national shipping industry and driving the development of many other modern industries, and occupying an important position in the history of China's modern economic and social development. China Merchants Group is also the parent company of the Hambantota International Port Group (HIPG).Sinopec Corp:China Petroleum & Chemical Corporation (Sinopec Corp) is a listed company on domestic and international stock exchanges with integrated upstream, midstream and downstream operations, strong oil & petrochemical core businesses and a complete marketing network. Sinopec Corp.
Parliament to be prorogued from Friday (27); New Session on 8th February - newsfirst.lk
Parliament to be prorogued from Friday (27); New Session on 8th February
COLOMBO (News 1st) – The President's Office has reserved a slot with the Government Printer to issue the Proclamation to Prorogue Parliament with effect from midnight on Friday (27).President's Secretary Saman Ekanayake confirmed to News 1st that the respective gazette was sent to the Government Printer as per a decision taken by the President to prorogue parliament with effect from midnight on Friday (27).He said that the new session of Parliament will take place on the 8th of February 2023 at 10 AM.A Senior Official at the Government Printer confirmed to News 1st that the respective gazette was received to go ahead with printing.What is prorogation?To prorogue Parliament means to prolong it,or toput it off for a later day.It is basically a temporary recess of Parliament.Parliament ordinarily functions over a series of sitting days which make up what is called a session; when Parliament is prorogued, a session comes to an end.Effect of Prorogation in Our Parliament:Constitutional ProvisionsDuring the prorogation the Speaker continues to function and the Members retain their membership even though they do not attend meetings of Parliament. The effect of a prorogation is to suspend all current Business before the House and all proceedings pending at the time are quashed except impeachments.  A Bill, motion or question of the same substance cannot be introduced for a second time during the same Session.
Namal Rajapaksa - Remove barriers for entrepreneurship in Sri Lanka – Namal tells Dept of Manpower - newsfirst.lk - Sri Lanka
Remove barriers for entrepreneurship in Sri Lanka – Namal tells Dept of Manpower
COLOMBO (News 1st) – Chairperson of the National Council Sub-Committee on Identifying Priorities in Formulating Short-, Medium- and Long- Term Policies Namal Rajapaksa, Member of Parliament instructed Anusha Gokula, Director General – Department of Manpower and Employment, to organize a preliminary discussion within two weeks in coordination with all relevant institutions in order to remove the existing barriers for entrepreneurship in Sri Lanka and quickly prepare a new policy framework.It was emphasized at the sub-committee that starting an enterprise in Sri Lanka has become a complex process, so a policy framework should be prepared to make it a very simple and easy task like in developed countries. The sub-committee also agreed to discuss and decide the necessary legal and policy changes to make this process easier and more efficient in coordination with the Divisional Secretary and District Secretariat offices and related institutions at the next committee meeting.These recommendations were given as the officials representing the Department of Manpower and Employment and the Attorney Generals Department were called before the National Council Sub-Committee on Identifying Priorities in Formulating Short-, Medium- and Long- Term Policies to discuss formulation of national policies related to encouraging entrepreneurship and investment.Anusha Gokula, Director General of the Department of Manpower and Employment, pointed out that since entrepreneurship and career guidance is a right that should be given to the students of Sri Lanka, the educational policies should be changed to include it in the school education system of Sri Lanka.According to a recent survey, there are nearly 800,000 youth who do not have education,