Sri Lanka’s economy has “completely collapse,” according to the country’s prime minister, who warned that the South Asian island is in such a dire state it cannot pay for essential oil imports, Sky News reported Wednesday. Prime Minister Ranil Wickremesinghe told parliament Wednesday that the country...
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Sri Lankan Prime Minister Mahinda Rajapaksa resigned Monday amid ongoing mass protests that have gripped the country over the worst economic crisis seen since gaining independence from Britain in 1948, BBC reported. Rajapaksa handed in his resignation to his president – and brother – Gotabaya, saying...
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Schoolteacher Agnes Felician has been protesting lately against the policies of President Gotabaya Rajapaksa. But she also took to the streets recently to demand justice for the estimated 270 people who died when bombers attacked three churches and numerous hotels in the country in 2019. Since...
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Sri Lanka defaulted on its $51 billion foreign debt Tuesday amid an economic crisis that has prompted mass demonstrations demanding the government’s resignation, Agence France-Presse reported. The suspension of payments marks the country’s first default since Sri Lanka became independent in 1948. Officials said that the...
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Several Sri Lankan ministers and officials resigned Monday following ongoing mass demonstrations as the country experiences its worst economic crisis in decades, CNN reported. The Minister of Justice and the Minister of Youth and Sports – the latter who is also President Gotabaya Rajapaksa’s nephew –...
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Thousands of Sri Lankans took to the streets of the capital, Colombo, this week to protest against the government’s handling of the economy, as the country faces a deepening economic crisis and potential debt default, the Financial Times reported. Sri Lanka has for months faced a...
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