Kate Bush Sets New Album Chart Record!

Kate Bush has followed her stage comeback by becoming the first woman to have eight albums in the charts at the same time.

Two of the singer’s albums are in the top 10 of the new chart, and eight overall in the top 40.

It comes after she returned for her first live concerts for 35 years.

The only artists ahead of Bush are Elvis Presley, who had 12 entries in the top 40 after his death in 1977 and the Beatles who had 11 in 2009.

Bush’s album The Whole Story is at number six – three places ahead of Hounds of Love.

At number 20 is 50 Words For Snow with The Kick Inside – her first album – at 24, The Sensual Word at 26, The Dreaming at 37, Never For Ever at 38 and Lionheart at 40.

Official Charts Company chief executive, Martin Talbot, said: “Her new live shows have created a huge stir, but for them to help push her catalogue to make such a significant sales impact is further evidence of the love that the British public have for her music, from generation to generation.”

More than 80,000 tickets were sold for Bush’s 22 Before the Dawn shows at London’s Hammersmith Apollo.

In 1978 Bush became the first female artist in history to go to number one on the Official Singles Chart with a song she had written herself – Wuthering Heights, which topped the chart for four weeks.

This week’s new album chart is topped by Brighton rock duo Royal Blood with their self-titled album, which is the UK’s fastest-selling British rock debut release in three years.

Ed Sheeran earns a 10th week in the top five with X at number two and US singer-songwriter Ariana Grande reaches a personal best of third in the chart with her new album My Everything.

Lilly Wood and Robin Schulz top the Official Singles Chart with Prayer In C while Maroon 5 are new at number two with Maps, the lead single from their forthcoming album V.

Last week’s number one – David Guetta’s Lovers On The Sun featuring Sam Martin – drops two places to three, while Taylor Swift is at four with Shake It Off and Nico & Vinz are at five with Am I Wrong.

Sri Lanka’s Hard Infrastructure Drive Phasing Out: IMF!

Sri Lanka’s first phase of economic development i.e. putting the hard infrastructure in place is now gradually phasing out and thus it is time authorities shift focus on building the soft side of the infrastructure consisting of a sound regulatory and tax environment, skill building and human resource development, according to the International Monetary Fund (IMF).

The IMF Resident Representative for Sri Lanka and Maldives Dr. Eteri Kvintradze said, “Tax and regulatory environment is the centerpieces for understanding the quality of business environment”.

Post- war Sri Lanka has been investing heavily on physical infrastructure projects such as airports, sea ports, highways, power plants, industrial zones etc. predominantly on borrowed money at commercial rates.
The government is committed to maintain its public investments at 6 percent of GDP annually, and in 2013 the total investments were at 31 percent of GDP. This is projected to increase up to 33 percent by end 2016. “Now is the time for the second phase,” Dr. Kvintradze emphasized at her first public speech made at the 23rd Annual General Meeting of the Industrial Association of Sri Lanka (IASL).

Dr. Kvintradze was assigned to Sri Lanka and Maldives in April following the completion of Dr. Koshy Mathai’s 4-year tenor as resident representative in Sri Lanka.
Despite elevated rankings on the ‘doing business index’ and remaining competitive among the South Asian counterparts, Dr. Kvintradze was concerned about Sri Lanka’s ranking at the ease of paying taxes index which is at the bottom of the list.
Sri Lanka is ranked 85 on overall doing business index but the ease of paying taxes index ranks the country at 171 out of 189 nations.
IMF has been quite vocal in highlighting Sri Lanka’s dwindling tax revenues in comparison to GDP. In 2013, tax revenues were 11.6 percent of GDP slightly improving from 11.5 percent in 2012, yet the lowest in the region.

“Could Sri Lanka ease regulatory environment for paying taxes and increase revenues at the same time to meet the social infrastructure development?
Surely yes, if my own country – Georgia- could do it, I don’t see any reason why you couldn’t do it,” she said.
During the last decade, Georgia reformed its structure which resulted in increasing the country’s tax revenue to GDP ratio from 10 percent to 25 percent. The ‘doing business ranking’ also improved to eighth position with foreign direct investments flows rising 10 folds.
Nevertheless IMF expressed its content with recent measures taken to broadening the tax base, lowering the threshold and increasing the tax net in Sri Lanka.

Happy Birthday Keanu Reeves!

He played Neo in The Matrix trilogy, a role for which he won a Blockbuster Entertainment Award for Favorite Actor in an Action Film. He starred in Constantine and was highly praised for his theatrical performance in Hamlet. His roles in The Day the Earth Stood Still and 47 Ronin gained him additional fame.

Excelling in hockey, he originally intended on becoming an Olympic hockey player for Canada. A serious injury ended this dream.

Early in his career, he appeared in Bill and Ted’s Excellent Adventure.

Jennifer Syme gave birth to his stillborn daughter in 1999. He dated actress Charlize Theron from 2009 to 2010.

He was in the 2003 comedy film, Something’s Gotta Give, with Jack Nicholson.

Top Story

Chris Kirk Wins in Boston to Boost Ryder Cup Hopes!