So we lost UN resolution. What is impact on CSE and Country now?

Okay Sri lanka lost the UNHRC resolution based on selective countries voting.

So what should happen to CSE ? What will be the immediate impact on Sri Lanka because we lost this?

I think we are blowing this out of proportion.

On one hand we are emotionally upset that brother countries like India voted against us. We are upset that super powers with blood on their hands are now pushing human rights on us without looking at themselves first. Did anyone of you really think why these countries were pushing this. Why did India vote against us. Is it because India truly hates us ? Or is it because they will have internal problem of their own if they did vote with us. Do you think India is going to stop all trades and contact with Sri lanka because of this resolution? What about Libya or Peru? What do they really have against us? Take USA, the leader of the pack who brought this forward. Are they going to pose economic sanctions as they won the resolution? Do you think they will go out make a huge case out of this when they also have skeletons in their closets while some other big friends of Sri Lanka will not keep quiet. USA is almost running on Chinese products. Not to mention debt. Do you think US is that crazy to annoy especially China big time.

All these countries who voted against us , are they really concerned only about human rights for the betterment of the society in Sri Lanka? Oh come on.

Think deep. Everybody have their political agenda. Some countries back others for benefit. You scratch my back and I will scratch yours. Some of these countries who voted against us might not even really know the depth of the issues on the war. They might vote on the basis " some human right violations might have happened during the war as any blood let war will not be fair. We are just urging Sri lanka to follow their own recommendations. Also we will get attention from some super powers just by voting with them."

Are they countries ready to invade Sri lanka or cut off all contact with Sri Lanka yet ? I don;t think nobody is that stupid.

Leaving all this politics and emotions aside, do we realize what this resolution is about ? It is about urging Sri Lanka to follow the LLRC report recommendation. OUR OWN REPORT recommendations.

Do you realize how dilute this motion is to start with? Do you see how much it was softened? Do you not see the positive side to this. How big boys have softened?

Side note :
Again leaving out emotions and politics, I think it is anyway in Sri Lanka best interest that we internally try to identify if/when we went wrong and correct it. It is the most noble thing as Sri Lanka won the war against terrorism. It for the betterment of our own society. We all have stories from our perspective. As someone said , " there is their story, our story and the correct story". Though our human rights might be better than some countries , there is nothing wrong in looking at our own mistakes ( not because US or Australia is telling us and we should be afraid of them) and correct improve/them right? Their is alsways room for improvement be it Sri lanka or USA or Libya. Look at the positive side.

All I am saying here is we should be balanced in mind and approach. We are not kids now.

CSE:

Maybe some are ready now to make CSE blood bath starting tomorrow. Why? Just because we lost a resolution? On what? To carry out our own recommendation. Maybe all our companies now will start to make losses because of this. All countries will stop buying from us. We are in real mess due to this resolution? Rupee will hit RS 200 to a US$

Think wise. Think deep and act smart. If we all start panicking unnecessary even ASI 3000 can be a reality. But why should ASI go that down? Really why?

Yes, I also think we're blowing this out of proportion, the question is who? who did blow it out of proportion? I think the government is using this for all sorts of excuses - my guess is they'll pull this out to cover up a lot of things in the future as well. I'm not a politics expert though, there may be sides to this issue that I fail to see.

Anyway, IMO it would be unwise not to do some hunting if the market comes down because of this...

Cheers!

Timely posted! Thank you slstock for your effort to set up our minds!

I don,t think immediate economic sanctions are a possibility. However if the countries political leadership continue with their foolish arrogance US can really hurt us by imposing economic sanctions, which is a distinct possibility. Sanctions or not given the economic mess we are in only a miracle could stop the south bound journey of the market.

De impact really depends on our govt. how our government will react to tis. SL need to change da course of actions. We need to correct ourself. Otherwise, things may get worse.

If govt. implements LLRC recommendations, appoint an independent committee to investigate war crimes & take actions against violators of international humanitarian law, we are done.

Will we do that? Its up to government of Sri Lanka.

This is a first step in a series of actions. Things will get worse like economic sanctions when SL does not act upon on tis resolution.

we already have a currency crisis it'll get worse when sanctions r imposed.

In a way there is a good side to this resolution as well. Don't you think that the government was getting carried away with their unlimited powers? Hopefully they'll start acting more responsibly and restore law and order in the process of complying to this resolution. Just a thought.

slstock wrote:
Okay Sri lanka lost the UNHRC resolution based on selective countries voting.

So what should happen to CSE ? What will be the immediate impact on Sri Lanka because we lost this?

I think we are blowing this out of proportion.

On one hand we are emotionally upset that brother countries like India voted against us. We are upset that super powers with blood on their hands are now pushing human rights on us without looking at themselves first. Did anyone of you really think why these countries were pushing this. Why did India vote against us. Is it because India truly hates us ? Or is it because they will have internal problem of their own if they did vote with us. Do you think India is going to stop all trades and contact with Sri lanka because of this resolution? What about Libya or Peru? What do they really have against us? Take USA, the leader of the pack who brought this forward. Are they going to pose economic sanctions as they won the resolution? Do you think they will go out make a huge case out of this when they also have skeletons in their closets while some other big friends of Sri Lanka will not keep quiet. USA is almost running on Chinese products. Not to mention debt. Do you think US is that crazy to annoy especially China big time.

All these countries who voted against us , are they really concerned only about human rights for the betterment of the society in Sri Lanka? Oh come on.

Think deep. Everybody have their political agenda. Some countries back others for benefit. You scratch my back and I will scratch yours. Some of these countries who voted against us might not even really know the depth of the issues on the war. They might vote on the basis " some human right violations might have happened during the war as any blood let war will not be fair. We are just urging Sri lanka to follow their own recommendations. Also we will get attention from some super powers just by voting with them."

Are they countries ready to invade Sri lanka or cut off all contact with Sri Lanka yet ? I don;t think nobody is that stupid.

Leaving all this politics and emotions aside, do we realize what this resolution is about ? It is about urging Sri Lanka to follow the LLRC report recommendation. OUR OWN REPORT recommendations.

Do you realize how dilute this motion is to start with? Do you see how much it was softened? Do you not see the positive side to this. How big boys have softened?

Side note :
Again leaving out emotions and politics, I think it is anyway in Sri Lanka best interest that we internally try to identify if/when we went wrong and correct it. It is the most noble thing as Sri Lanka won the war against terrorism. It for the betterment of our own society. We all have stories from our perspective. As someone said , " there is their story, our story and the correct story". Though our human rights might be better than some countries , there is nothing wrong in looking at our own mistakes ( not because US or Australia is telling us and we should be afraid of them) and correct improve/them right? Their is alsways room for improvement be it Sri lanka or USA or Libya. Look at the positive side.

All I am saying here is we should be balanced in mind and approach. We are not kids now.

CSE:

Maybe some are ready now to make CSE blood bath starting tomorrow. Why? Just because we lost a resolution? On what? To carry out our own recommendation. Maybe all our companies now will start to make losses because of this. All countries will stop buying from us. We are in real mess due to this resolution? Rupee will hit RS 200 to a US$

Think wise. Think deep and act smart. If we all start panicking unnecessary even ASI 3000 can be a reality. But why should ASI go that down? Really why?

i have 100GBP ill be richhhhh -

@peresanjeewa: I used to transfer money from UK to SL so that I can invest in CSE. But now I keep them in my UK accounts... I'm experiencing a massive bull run..

anubis wrote:@peresanjeewa: I used to transfer money from UK to SL so that I can invest in CSE. But now I keep them in my UK accounts... I'm experiencing a massive bull run..

Hmmm. look at our country. Some bullish ideas of mean politics are destroying it. What will happen to us??

illuminati wrote:I don,t think immediate economic sanctions are a possibility. However if the countries political leadership continue with their foolish arrogance US can really hurt us by imposing economic sanctions, which is a distinct possibility. Sanctions or not given the economic mess we are in only a miracle could stop the south bound journey of the market.

Come on!!Stop bullshitting now.,,
What ?? Economic sanctions??
This resolution has no legal binding.,And asking the SL govnmnt to carry out our own recommendations.,Thats all.,
So no need to panic yourself and make others panic.,Not only sri lanka but whole world is in economic mess.,We may be better off than others.,We have to keep in our minds that all these recent problems due to release of pegged rupee.,Which is a brave and timely move.,If we haven't done it now it may be too late tomorrow.

Our politicians are not idiotic as we are.
They have now found a 'common enemy' for people to show.

Kautilya said, having an external enemy will bring unity inside the nation.

He also said 'A good wife is one who serves her husband in the morning like a mother does, loves him in the day like a sister does and pleases him like a prostitute in the night. '

(Apologies if this is not relevant to investment)

dindon1 wrote:

illuminati wrote:I don,t think immediate economic sanctions are a possibility. However if the countries political leadership continue with their foolish arrogance US can really hurt us by imposing economic sanctions, which is a distinct possibility. Sanctions or not given the economic mess we are in only a miracle could stop the south bound journey of the market.

Come on!!Stop bullshitting now.,,
What ?? Economic sanctions??
This resolution has no legal binding.,And asking the SL govnmnt to carry out our own recommendations.,Thats all.,
So no need to panic yourself and make others panic.,Not only sri lanka but whole world is in economic mess.,We may be better off than others.,We have to keep in our minds that all these recent problems due to release of pegged rupee.,Which is a brave and timely move.,If we haven't done it now it may be too late tomorrow.

We all know the Bull has shat on you upside down. Your daily predictions about market flying what happened ? Did the Bull shit on you ? Wake up before you are completely drowned in Bull shit.

Nothing will happen till we implement our own recommendation. India's stance at the moment is mainly because of domestic problem. Definitely he will stand by us where necessary. Regarding the market, everyone knew, even though no one wanted to accept, that the resolution would pass. So, no more uncertainty, one step may kee back but have to take more steps forward.

Guys.. Plsmake suer no personnel attacks are carried out here.. We're discussing the impact of losing of UN resolution..

I think indexes may be further declined..

anubis wrote:In a way there is a good side to this resolution as well. Don't you think that the government was getting carried away with their unlimited powers? Hopefully they'll start acting more responsibly and restore law and order in the process of complying to this resolution. Just a thought.

i agree with you.

There are other aspect also.

USA wants to show that still they are in power of world in a diplomatic way. This moral boosting given to its own people will play a vital role in the coming election.

As it goes, we cant see any strict actions from USA and they want top work SL in all other aspects, so quite clearly this is part of their election campaign.

However, SL should learn to avoid personalizing international affairs by calling certain peoples names. For me this is an critical issue with our politicians.

illuminati wrote:

dindon1 wrote:

illuminati wrote:I don,t think immediate economic sanctions are a possibility. However if the countries political leadership continue with their foolish arrogance US can really hurt us by imposing economic sanctions, which is a distinct possibility. Sanctions or not given the economic mess we are in only a miracle could stop the south bound journey of the market.

Come on!!Stop bullshitting now.,,
What ?? Economic sanctions??
This resolution has no legal binding.,And asking the SL govnmnt to carry out our own recommendations.,Thats all.,
So no need to panic yourself and make others panic.,Not only sri lanka but whole world is in economic mess.,We may be better off than others.,We have to keep in our minds that all these recent problems due to release of pegged rupee.,Which is a brave and timely move.,If we haven't done it now it may be too late tomorrow.

We all know the Bull has shat on you upside down. Your daily predictions about market flying what happened ? Did the Bull shit on you ? Wake up before you are completely drowned in Bull shit.

we all know who you are and where you come from.....no further discussion with you sorry...

@slstock: Thanks for your balanced analysis of the situation.

We needed to fight against this resolution, for our honour and sovereignty. It is sad that Indian politicians (as always) did what was politically convenient... But the consequences of losing might not be as bad as people think; from a long term perspective, it might even be good for the country.

Thanks Slstock and Antonym.

Good post by slstock.

If I'm not a Sri Lankan I would definitely say YES to this resolution backed by uncle Sam.
As a country we thoroughly deserve it.

I dont like to talk about this in details but progress during last two years doesn't help to say NO.
In the political arena we should have at least showed to the world that we were trying to do something.

Timely required post Slstock.

As a Sri Lankan i would be happy if this resolution was not passed.

At least from now this government should listen to others & need to be implemented good points in LLRC at soonest.If not,They will put more pressure & It will be badly affect to our economy.

dindon1 wrote:

illuminati wrote:

dindon1 wrote:

illuminati wrote:I don,t think immediate economic sanctions are a possibility. However if the countries political leadership continue with their foolish arrogance US can really hurt us by imposing economic sanctions, which is a distinct possibility. Sanctions or not given the economic mess we are in only a miracle could stop the south bound journey of the market.

Come on!!Stop bullshitting now.,,
What ?? Economic sanctions??
This resolution has no legal binding.,And asking the SL govnmnt to carry out our own recommendations.,Thats all.,
So no need to panic yourself and make others panic.,Not only sri lanka but whole world is in economic mess.,We may be better off than others.,We have to keep in our minds that all these recent problems due to release of pegged rupee.,Which is a brave and timely move.,If we haven't done it now it may be too late tomorrow.

We all know the Bull has shat on you upside down. Your daily predictions about market flying what happened ? Did the Bull shit on you ? Wake up before you are completely drowned in Bull shit.

we all know who you are and where you come from.....no further discussion with you sorry...

Why men ?. Stand up and fight like a man (or woman). Don,t chicken out. Any way I like your flying market predictions. Pl. let us know in advance to make a few bucks. Sorry, you started this bull shit talk.

illuminati wrote:

Why men ?. Stand up and fight like a man (or woman). Don,t chicken out. Any way I like your flying market predictions. Pl. let us know in advance to make a few bucks. Sorry, you started this bull shit talk.

No personal agendas here mate..

Hope you will find the link below to see a connection of what I said about how policts play. US initiated the resoltuion. Next day see what they do.

http://www.dailymirror.lk/index.php?option=com_content&task=view&id=17601&Itemid=425

slstock wrote:
Okay Sri lanka lost the UNHRC resolution based on selective countries voting.

So what should happen to CSE ? What will be the immediate impact on Sri Lanka because we lost this?

I think we are blowing this out of proportion.

On one hand we are emotionally upset that brother countries like India voted against us. We are upset that super powers with blood on their hands are now pushing human rights on us without looking at themselves first. Did anyone of you really think why these countries were pushing this. Why did India vote against us. Is it because India truly hates us ? Or is it because they will have internal problem of their own if they did vote with us. Do you think India is going to stop all trades and contact with Sri lanka because of this resolution? What about Libya or Peru? What do they really have against us? Take USA, the leader of the pack who brought this forward. Are they going to pose economic sanctions as they won the resolution? Do you think they will go out make a huge case out of this when they also have skeletons in their closets while some other big friends of Sri Lanka will not keep quiet. USA is almost running on Chinese products. Not to mention debt. Do you think US is that crazy to annoy especially China big time.

All these countries who voted against us , are they really concerned only about human rights for the betterment of the society in Sri Lanka? Oh come on.

Think deep. Everybody have their political agenda. Some countries back others for benefit. You scratch my back and I will scratch yours. Some of these countries who voted against us might not even really know the depth of the issues on the war. They might vote on the basis " some human right violations might have happened during the war as any blood let war will not be fair. We are just urging Sri lanka to follow their own recommendations. Also we will get attention from some super powers just by voting with them."

Are they countries ready to invade Sri lanka or cut off all contact with Sri Lanka yet ? I don;t think nobody is that stupid.

Leaving all this politics and emotions aside, do we realize what this resolution is about ? It is about urging Sri Lanka to follow the LLRC report recommendation. OUR OWN REPORT recommendations.

Do you realize how dilute this motion is to start with? Do you see how much it was softened? Do you not see the positive side to this. How big boys have softened?

Side note :
Again leaving out emotions and politics, I think it is anyway in Sri Lanka best interest that we internally try to identify if/when we went wrong and correct it. It is the most noble thing as Sri Lanka won the war against terrorism. It for the betterment of our own society. We all have stories from our perspective. As someone said , " there is their story, our story and the correct story". Though our human rights might be better than some countries , there is nothing wrong in looking at our own mistakes ( not because US or Australia is telling us and we should be afraid of them) and correct improve/them right? Their is alsways room for improvement be it Sri lanka or USA or Libya. Look at the positive side.

All I am saying here is we should be balanced in mind and approach. We are not kids now.

CSE:

Maybe some are ready now to make CSE blood bath starting tomorrow. Why? Just because we lost a resolution? On what? To carry out our own recommendation. Maybe all our companies now will start to make losses because of this. All countries will stop buying from us. We are in real mess due to this resolution? Rupee will hit RS 200 to a US$

Think wise. Think deep and act smart. If we all start panicking unnecessary even ASI 3000 can be a reality. But why should ASI go that down? Really why?

The government needs to get it's house together. The Americans were itching for a fight after they got screwed over in 2009. MR should have seen this coming from miles away.

Poor india got it's arm twisted by crazy thamil nadu politicians. At least they tried to water down the resolution in the end