Sri Lanka claims billionaire trader funded terrorists

Raj Rajaratnam, the New York-based billionaire and hedge fund manager charged in an alleged insider trading scheme on Friday, was funding the Liberation Tigers of Tamil Eelam, which is considered a terrorist group by the US, the Sri Lankan government claimed on Sunday. Brigadier Udaya Nanayakkara, spokesman for the Sri Lankan defence ministry, told the Financial Times that the government had been monitoring Mr Rajaratnam for several years.

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Afghanistan blast kills at least 16

At least 16 people were killed, including international soldiers, and 55 were wounded when a car bomb rocked parts of Afghanistan’s capital Thursday, authorities said. At least six Italian soldiers were killed and four others were wounded in the blast, Ignazio La Russa, Italy’s defense minister said

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