Categories: Estero

Inside Sri Lanka’s economic crisis – BBC Newsnight


Sri Lanka is in the grip of severe fuel and food shortages that have brought people out onto the streets to call for the removal of the country’s president.

Please subscribe HERE http://bit.ly/1rbfUog

The developing nation has been hit hard by global supply chain issues but many blame economic mismanagement and corruption within government.

For the first time in history the country was forced to default on it’s foreign debt last month and has received emergency diesel shipments from India.

Now they are asking for an economic bailout worth billions of dollars from the International monetary fund.

Speculation is growing that other developing nations will soon be facing the same problems.

Newsnight’s Economics editor Ben Chu went to Sri Lanka to examine the crisis engulfing the country.

Newsnight is the BBC’s flagship news and current affairs TV programme – with analysis, debate, exclusives, and robust interviews.

Website: https://www.bbc.co.uk/newsnight
Twitter: https://twitter.com/BBCNewsnight
Facebook: https://www.facebook.com/bbcnewsnight.

Redazione

Comments are closed.

Recent Posts

Thousands may have died in UK’s exceptional May and June heatwaves | BBC News

More than 2,700 people may have died from heat-related causes in England and Wales during the exceptionally hot weather in…

47 minuti ago

Iran, attaccate basi Usa in Bahrain, Kuwait e Giordania

TEHERAN (IRAN) (ITALPRESS) – Il Corpo delle Guardie della Rivoluzione Islamica iraniana ha annunciato oggi di aver lanciato nuovi attacchi…

2 ore ago

Venezuela, il bilancio delle vittime sale a 4.490, 16.740 i feriti

CARACAS (VENEZUELA) (ITALPRESS) – Il Venezuela ha segnalato altri 157 morti a causa dei devastanti terremoti del 24 giugno, portando…

2 ore ago

Morto Sam Neill, recitò in “Lezioni di piano” e “Jurassic Park”

ROMA (ITALPRESS) – E’ morto all’età di 78 anni Sam Neill, l’attore neozelandese di “Lezioni di piano” e “Jurassic Park”.…

2 ore ago