09/30/2010
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Forbes
Sri Lanka has been in the news recently for not the best reasons. After being the best performing stock market globally for nearly two years, investor sentiment is beginning to shiftas disturbing news continues to emanate from that country. Earlier this month its Parliament passed an amendment scrapping presidential term limits and increased the concentration of power in the hands of the president. The government has been accused of war crimes–which it denies–and its foreign ministry refused to give visas to a three-person advisory panel appointed by UN Secretary-General Ban Ki-Moon to help the government investigate these accusations.