Emergency in Sri Lanka, Forex Dip in Pak & Nepal’s Money Woes Put India’s Neighbors on Back Foot

Sri Lanka’s deepening economic crisis took a turn for the worse on Friday night when President Gotabaya Rajapaksa declared a state of emergency in the island nation amid mounting public resentment. Sri Lanka’s 22-million population has been facing acute shortages of food, fuel, and medicines for months, bringing tens of thousands onto the streets to … Read more

Sri Lankan Tea Pickers’ Dreams Shattered by Economic Crisis | World News

By Alasdair Pal and Uditha Jayasinghe BOGAWANTALAWA, Sri Lanka (Reuters) – On a lush plantation in Sri Lanka, Arulappan Ideijody deftly plucks the tips of each tea bush, throwing them over her shoulder into an open basket on her back. After a month of picking more than 18 kg (40 lb) of such tea leaves … Read more

A political reckoning in Sri Lanka as debt crisis grows

Sri Lankans protest keeping a coffin with a slogan in Sinhalese that reads “the death of state sovereignty” during an ongoing protest outside president’s office in Colombo, Sri Lanka, Saturday, April 23, 2022. Thousands of Sri Lankans have protested outside President Gotabaya Rajapaksa’s office in recent weeks, demanding that he and his brother, Mahinda, who … Read more

Sri Lankans celebrate New Year in protest camp near president’s office | New Protests

Sri Lankans have been distributing milk rice and oil cakes to celebrate their traditional New Year in front of the president’s office, where they have camped for six days demanding his resignation due to the worst financial crisis in memory. Veterans disabled in the island nation’s civil war lit a fire on Thursday, Buddhist monks … Read more

Sri Lankan leader calls for end to calls for resignation

Sri Lankan Prime Minister Mahinda Rajapaksa calls for an end to protests demanding his resignation to deal with the worst economic crisis in decades With KRISHAN FRANCIS Associated Press April 11, 2022, 8:12 p.m. • 4 minutes reading Share it on facebookShare it on TwitterEmail this article COLOMBO, Sri Lanka – Sri Lankan Prime Minister … Read more

The pressure on the Sri Lankan leader to resign is growing as the crisis grows

COLOMBO, Sri Lanka (AP) – Thousands of Sri Lankans demonstrated in the country’s main business district and Christian clerics marched in the capital to watch a day of protest on Saturday calling on the president to resign amid fears and anger over the shortages. Protesters holding national flags and placards, some mourning the difficulties through … Read more

The pressure on the Sri Lankan leader to resign is growing as the crisis grows

COLOMBO, Sri Lanka (AP) – Thousands of Sri Lankans demonstrated in the country’s main business district and Christian clerics marched in the capital to watch a day of protest on Saturday calling on the president to resign amid fears and anger over the shortages. Protesters holding national flags and placards, some mourning the difficulties through … Read more

Sri Lankan businessmen are calling for an end to the political stalemate

COLOMBO, Sri Lanka (AP) – Sri Lankan business leaders on Friday called for an end to political instability amid public demands for the president’s resignation over alleged mismanagement, warning that failure to do so would lead to financial disaster. Leaders of 23 business associations representing export, import and logistics companies told reporters in the capital, … Read more