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Sri Lanka is in middle of an unprecedented economic crisis. Colombo has no money, no food, no essential medicines or fuel. Food prices have gone up by at least 30%. Who is to be blamed for this? Gotabaya Rajapaksa or China? Palki Sharma tells you. #GravitasPlus #SriLanka #China About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for latest updates Zee News:- 🤍 Zee Bussiness:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps : 🤍
As Sri Lanka struggles to recover from its worst economic crisis in decades, its people are leaving for better opportunities abroad. Government figures suggest some 122,000 people have left the country till May this year - the same number that left the country in all of 2021! Faced with rising prices and growing poverty, their reasons for leaving are quite evident. Subscribe: 🤍 For more news go to: 🤍 Follow DW on social media: ►Facebook: 🤍 ►Twitter: 🤍 ►Instagram: 🤍 ►Twitch: 🤍 Für Videos in deutscher Sprache besuchen Sie: 🤍 #SriLanka #Economy #Migration
Sri Lankan President Gotabaya Rajapaksa declared a state of emergency in the country, as thousands of countrymen wanted his resignation because of the huge economic crisis Sri Lanka is facing. The Country is facing a shortage of fuel and food. The foreign reserves have fallen down by 70%, inflation has increased by 25% in a month and the debts have increased up to 4 Billion Dollars! But how did the country reach this extreme situation? What is the government's response to this? How is India helping Sri Lanka? I talk about all these things in this video. Download Kuvera App: 🤍 Link to Facebook Papers Video: 🤍 JOIN MY COURSE: ✏️ Are you curious about how I manage to travel so much and still stay productive? Learn how to manage time and maximize productivity in my specialised online course. Join here: 🤍 Use GET20 for a straight up 20% discount! LISTEN TO MY PODCAST: Learn about how India works, only on Maha Bharat with Dhruv Rathee: 🤍 DOWNLOAD MY APP: 📱Android app: 🤍 📱iOS App: 🤍 MY FAVOURITE EQUIPMENT: 🎥 Studio Camera: 🤍 🔎 Studio Camera Lens: 🤍 📸 Vlogging Camera: 🤍 🥢 Vlogging Tripod: 🤍 🎙 Podcast Mic: 🤍 MY FAVOURITE BOOKS: 📖 Sapiens - 🤍 📖 Homo Deus - 🤍 📖 Mahatma Gandhi - 🤍 📖 Juli’s Hindi Learning Book - 🤍 FOLLOW ME ON: 📩 Telegram: 🤍 📸 Instagram: 🤍 🐦 Twitter: 🤍 ▶️ Youtube Channel: 🤍 🎦 Vlog Channel: 🤍 MORE VIDEOS: 🗺 Ground Reports: 🤍 🇺🇳 International Issues: 🤍 💲 Finance Videos: 🤍 📚 Educational Videos: 🤍 🇮🇳 Indian Issues: 🤍 🎦 My Vlogs: 🤍
The Sri Lankan economy is expected to contract by three percent in 2023 before registering a modest growth of 1.5 percent in 2024, said Krishna Srinivasan, Director of Asia and Pacific Department, IMF. #srilanka #economy #latestnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
Hundreds of small businesses are collapsing in Sri Lanka - due to the ongoing economic crisis. Getting an International Monetary Fund bailout comes with stringent conditions, including higher interest rates and subsidy cuts - making it difficult for entrepreneurs to survive. It is particularly hard for farmers and fisherman in rural areas. Al Jazeera’s Minelle Fernandez reports from Palaly, Sri Lanka. Subscribe to our channel: 🤍 Follow us on Twitter 🤍 Find us on Facebook 🤍 Check our website: 🤍 Check out our Instagram page: 🤍 #SriLanka #SriLankaEconomicCrisis #SriLankaSmallBusinesses #InternationalMonetaryFund #SriLankaEconomy
The Department of Census and Statistics yesterday said that inflation in Colombo has dropped to 35.3 percent in April. Sri Lanka’s headline inflation, as measured by the Year-on-Year (Y-O-Y) change in the Colombo Consumer Price Index (CCPI), significantly eased to 35.3% in April 2023, in comparison to March 2023, the department said. #srilanka #inflation #latestnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
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 🤍 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: 🤍 Twitter: 🤍 Facebook: 🤍
Sri Lanka, the South Asian nation has witnessed an impressive drop in inflation rates. This August the key inflation rates dropped to four percent. #inflation #srilanka #economy About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
Sri Lanka is experiencing its worst economic crisis since its independence. No industry has remained untouched by this crunch. The tea industry, one of the most crucial industries for the country's GDP, is facing a double whammy: the economic slump and ill-thought of policy decisions. Subscribe: 🤍 For more news go to: 🤍 Follow DW on social media: ►Facebook: 🤍 ►Twitter: 🤍 ►Instagram: 🤍 Für Videos in deutscher Sprache besuchen Sie: 🤍 #SriLanka #Inflation #Economy
The International Monetary Fund says Sri Lanka's crisis-hit economy is expected to begin bouncing back in 2024. The country took a dent of 3% this year, amid its worst economic crisis since independence. An IMF team is currently visiting Sri Lanka until May 23 as part of regular consultations with the officials. #srilanka #imf #srilankaeconomycrisis About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
The International Monetary Fund has approved a long-awaited loan for Sri Lanka. But critics say the bailout offers too little to end the country's financial crisis and will push people closer to breaking point. Al Jazeera’s Minelle Fernandez reports from Colombo, Sri Lanka. Subscribe to our channel: 🤍 Follow us on Twitter 🤍 Find us on Facebook 🤍 Check our website: 🤍 Check out our Instagram page: 🤍 #SriLanka #SriLankaEconomicCrisis #IMF #SriLankaIMFBailout
The economic crisis in Sri Lanka is the worst since the country’s independence. Blackouts, protests, resignation of the cabinet, and essential supplies shortages are among the issues Sri Lanka is currently facing. WION’s Molly Gambhir explains how the situation got so bad in Sri Lanka. #SriLankaCrisis About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for latest updates Zee News:- 🤍 Zee Bussiness:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps : 🤍
“It’s an economic crisis that was brought on by a political crisis, and now we're just generally in crisis.” #AJStartHere with Sandra Gathmann explains what’s going on in Sri Lanka and why many are blaming President Rajapaksa and his family. Check out our other Start Here episodes 🤍 Subscribe to our channel 🤍 Follow us on Twitter 🤍 Find us on Facebook 🤍 Check our website: 🤍 And let us know in the comments if there’s a topic you find confusing and would like Start Here to cover ⤵️ #SriLanka #SriLankaProtests #GotabayaRajapaksa
Sri Lanka is facing its most serious economic and political crisis in decades, with protests on the streets and officials resigning and being replaced so quickly, we're not sure how long the next finance minister will stick around – because the new appointee lasted just a day. People are struggling to get the basics, from food to fuel. Some observers say the poorest may soon face starvation. Years of government mismanagement and corruption, compounded by the pandemic, has led to this tragedy. Subscribe: 🤍 For more news go to: 🤍 Follow DW on social media: ►Facebook: 🤍 ►Twitter: 🤍 ►Instagram: 🤍 Für Videos in deutscher Sprache besuchen Sie: 🤍 #SriLanka #GotabayaRajapaksa #SupplyChains
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The pandemic and global economic slowdown have increased pressure on developing economies. The International Monetary Fund reports more than 50 countries are in debt distress. Sri Lanka defaulted on its debt last year and recently secured a $3 billion bailout from the IMF. Fred de Sam Lazaro traveled to the island nation of 23 million people to see how the country is faring. Stream your PBS favorites with the PBS app: 🤍 Find more from PBS NewsHour at 🤍 Subscribe to our YouTube channel: 🤍 Follow us: TikTok: 🤍 Twitter: 🤍 Instagram: 🤍 Facebook: 🤍 Subscribe: PBS NewsHour podcasts: 🤍 Newsletters: 🤍
Thousands of Sri Lankan protesters storm President Gotabaya Rajapaksa’s residence in Colombo, demanding his resignation. He fled the premises before protesters gathered to storm the compound #srilanka #rajapaksa #colombo Subscribe: 🤍 Livestream: 🤍 Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 Visit our website: 🤍
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country's economy stumbled. In May 2022, the government defaulted on its debt for the first time in history. As inflation continued to spiral out of control, with a massive shortage of food, fuel and medicine for the country's 22 million people, Sri Lankans took to the street, forcing the president, Gotabaya Rajapaksa, to resign and flee the country. Even though Sri Lanka has a new president, Ranil Wickremesinghe, protests continue. Inflation has risen past 50% — and could hit 70% — making it harder for people to survive. Many experts believe that Sri Lanka's story is a warning sign for emerging markets. "Sri Lanka is facing its worst economic collapse in its modern history," said Sumudu W. Watugala, assistant professor of finance at the Kelley School of Business at Indiana University. "This is due to long-standing structural weaknesses exacerbated by a series of idiosyncratic shocks. Sri Lanka's crisis can be a warning sign to other developing nations because it's a classic emerging market crisis in many ways." So what does Sri Lanka's economic crisis signal about similar economies and emerging markets? Watch the video to learn about more risks involved in emerging markets, how Sri Lanka's economy collapsed and the country's path forward. » Subscribe to CNBC: 🤍 » Subscribe to CNBC TV: 🤍 About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: 🤍 Follow CNBC on LinkedIn: 🤍 Follow CNBC News on Facebook: 🤍 Follow CNBC News on Twitter: 🤍 Follow CNBC News on Instagram: 🤍 #CNBC How Sri Lanka's Economic Collapse Raises Alarm Bells For Other Emerging Markets
Sri Lanka is bankrupt and protestors blame the current economic crisis on just one family. For the past 20 years the Rajapaksas have been in power, they’ve been accused of financial mismanagement at best and siphoning millions of public funds at worst. But they have never been convicted of any crimes. At the time of publishing, Ranil Wickremesinghe has been appointed the president of Sri Lanka. former President Gotabaya Rajapaksa had fled to Singapore. The Supreme Court of Sri Lanka has imposed an overseas travel ban on his brothers, Mahinda Rajapaksa and Basil Rajapaksa. Help keep VICE News’ fearless reporting free for millions by making a one-time or ongoing contribution here. - 🤍 Subscribe to VICE News here: 🤍 Check out VICE News for more: 🤍 Follow VICE News here: TikTok: 🤍 Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 More videos from the VICE network: 🤍 Follow VICE World News here: TikTok: 🤍 Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 #VICENews #News
In this video, let's understand the Sri Lankan financial crisis that is causing havoc in the island country. Will China take advantage of Sri Lanka's economic crisis? Sri Lanka is going through an economic crisis these days. The situation has become so bad that it has been decided to keep the street lights also switched off. There is a lot of anger among the people because of the ‘economic emergency’. A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve #SriLanka #Economy #abhiandniyu 00:00 Intro 00:44 Sri Lanka's economy 01:18 Why Rich countries didn't invest in Sri Lanka 01:57 Chinese Debt Trap 02:49 Impact of covid on the economy 03:41 India's impact and help 04:43 Conclusion Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 About Us: Abhi and Niyu is the fastest growing Indian educational YouTube channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth. Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.
Watch The Full Episode Here: 🤍 Follow Milinda Moragoda's Social Media Handles:- Instagram: 🤍 Facebook: 🤍 Twitter: 🤍 ✅ Subscribe To Our Other YouTube Channels:- BeerBiceps (English Channel): 🤍 Ranveer Allahbadia (Hindi Channel): 🤍 TRS Clips हिंदी (Hindi Podcast Highlights): 🤍 BeerBiceps Shorts (English Shorts): 🤍 Ranveer Allahbadia Shorts (Hindi Shorts): 🤍 RAAAZ. : 🤍 RAAAZ Shorts : 🤍 BigBrain Plus : 🤍 Link to our blog: 🤍 Today, on The Ranveer Show, we welcome a very special guest; Asoka Milinda Moragoda. He is a Sri Lankan politician and businessman who is currently serving as the Sri Lankan High Commissioner designated to India. He is also a former Cabinet Minister and Member of Parliament representing the Colombo District. In this episode, Milinda sir decoded the economic crisis of Sri Lanka and talked about what led to the country's downfall. He also talks about the prevailing tension between India and China, Sri Lanka’s debt to China, the reasons behind the Sri Lanka and Rajapaksa family’s downfall, the current mindset of Sri Lanka, and how they are planning to bounce back. He dwelled upon the past vs. the present scenario of Sri Lanka, his perception of India and its people, and the violent history of Sri Lanka. This episode is packed with unlimited knowledge about Sri Lanka’s geopolitical situation and how they’re working towards overcoming it. You will learn a lot about how a country works and how an economic crisis occurs in a country. If you’re a political geek like me, this podcast is for you. I hope you enjoy this episode and tell us your opinions in the comments section! INSTAGRAM : 🤍beerbiceps 🤍 FACEBOOK : 🤍beerbiceps 🤍 TWITTER : 🤍beerbicepsguy 🤍 LINKEDIN : 🤍beerbiceps 🤍 TELEGRAM: 🤍beerbicepsguy 🤍 SNAPCHAT: 🤍beerbicepsguy About : TRS Clips is a collection of SHORT CLIPS from The Ranveer Show podcast. Enjoy our latest knowledge-fueled videos from the BeerBiceps team. Every conversation on #TheRanveerShow is intellectual, deep & progressive. We cover everyone from entrepreneurs to Bollywood film stars to even athletes. Today, The Ranveer Show or TRS - Happiness Through Curiosity. A show where we host the world's greatest success stories and try digging out their secrets to success. Every conversation is an EXTREME learning experience for the viewer.
This is How Sri Lanka Plans to Resolve Its Mounting Debt Crisis | Vantage with Palki Sharma Sri Lanka has begun a five-day bank holiday to restructure their debt. Specifically, their domestic debt which is around 42 billion dollars. The restructuring is all about sending the right signals. If this goes well, the foreign lenders will be satisfied. Will Colombo be able to solve its woes? Palki Sharma decodes Firstpost | World News | Vantage #firstpost #vantageonfirstpost #worldnews Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens. The show is anchored by Palki Sharma, Managing Editor, Firstpost. By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas. Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. 🤍 Follow Firstpost on Instagram: 🤍 Follow Firstpost on Facebook: 🤍 Follow Firstpost on Twitter: 🤍
In this video, let's understand How the Rajapaksa family destroyed Sri Lankan economy. From being a sellout to China, to corruption and bad decision making - how family politics can be dangerous for a democracy! This video has important lessons for India! Sri Lanka is going through an economic crisis these days. The situation has become so bad that it has been decided to keep the street lights also switched off. There is a lot of anger among the people because of the ‘economic emergency’. 00:00 Intro 00:29 Rajapaksa Family explained 01:37 Corruption & bad policymaking 03:09 Welfarism gone wrong 04:02 Lessons for India A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve #SriLanka #Economy #abhiandniyu A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 About Us: Abhi and Niyu is the fastest growing Indian educational YouTube channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth. Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.
The Sri Lankan government has announced spending cuts, warning that it has barely enough revenue to pay salaries and pension of public servants. A spokesman said the economic crisis this year was going to be worse than expected. Last year, Sri Lankans faced shortages of food, fuel and other basic supplies after a government policies and the pandemic had depleted foreign reserves and left the country on the edge of bankruptcy. Lengthy fuel queues and power outages sparked months of mass unrest, culminating in the storming and occupation of then-President Gotabaya Rajapaksa's official workplace and residence in July, forcing him to flee the country. Please subscribe HERE 🤍 #SriLanka #BBCNews
A year after Sri Lanka failed to pay its international debts, the government says the economy is on the mend. The nearly $3bn bailout from the International Money Fund is restoring some confidence. But extensive economic reforms have left the poorest communities struggling to survive. Al Jazeera's Minelle Fernandez has more from Colombo, Sri Lanka. - Subscribe to our channel: 🤍 - Follow us on Twitter: 🤍 - Find us on Facebook: 🤍 - Check our website: 🤍 🤍AljazeeraEnglish #Aljazeeraenglish #News #SriLanka #economy
Sri Lanka's coffers have all but dried up and it cannot afford to pay for imports. Millions of its people are bearing the brunt of the country's economic crisis. Basic goods are in short supply, power cuts are frequent, prices are soaring and the value of incomes is eroding. Many people are blaming the president for the worst economic crisis in more than 70 years and they have taken to the streets to demand he step down. Elsewhere, China's GDP growth for the first quarter beats forecasts, but will it achieve the 5.5 percent growth target for 2022?
Even amid signals of the Sri Lankan economy gradually coming back on track on the back of the IMF loan and strong fiscal measures, there are signals of a large number of skilled professionals leaving the country for better career opportunities and better lives for themselves and their families. The number of IT professionals, doctors, and others registering to leave the country has nearly doubled over 2021. Youth cite uncertainty on the road ahead for the country. #srilanka #braindrain #economy About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
Sri Lanka is opening up its petroleum sector, in a bid to free up vital foreign reserves - as it tries to recover from its worst ever economic crisis. Chinese oil giant Sinopec is the first of three new companies given licenses to sell fuel in the country. Al Jazeera’s Minelle Fernandez reports from the capital Colombo. Subscribe to our channel 🤍 Follow us on Twitter 🤍 Find us on Facebook 🤍 Check our website: 🤍 Check out our Instagram page: 🤍 Download AJE Mobile App: 🤍 #SriLanka #SriLankaEconomicCrisis #SriLankaFuelShortages #Sinopec
Sri Lanka is witnessing its worst economic crisis since independence. There is an acute shortage of food, fuel and cooking gas. Several hospitals have had to suspend routine surgeries as they have run out of life-saving medicines. Authorities had to cancel examinations for millions of students, due to a shortage of paper. Sri Lanka has to repay foreign debt totalling nearly $7 billion this year. The country is in talks with the International Monetary Fund for possible loan assistance. India has extended assistance totalling $2.4 billion. This includes a $400 million RBI currency swap, a $500 million loan deferment, and credit lines for importing food, fuel, and medicines. Experts say that Sri Lanka’s recovery will neither be fast nor easy. Thank you for watching our video. You can subscribe to our channel here: 🤍 Visit 🤍 for the latest updates, analysis, opinions, and more. You can also download our apps: Android: 🤍 iOs: 🤍 The Hindu is committed to keeping you up-to-date with information on the developments in India and the world. We promise to deliver quality journalism that stays away from vested interest and political propaganda. You can support us by subscribing to our digital offerings here: 🤍 Follow us: Twitter: 🤍 Instagram: 🤍 #SriLanka #Colombo #SriLankaEconomicCrisis
Sri Lanka's economic crisis has hit hopes of a post-pandemic recovery as the tourism industry, once contributing 5.6% to its GDP, struggles to revive itself with falling visitor numbers. #News #Reuters #SriLanka #economiccrisis #tourism Subscribe: 🤍 Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: 🤍 Follow Reuters on Facebook: 🤍 Follow Reuters on Twitter: 🤍 Follow Reuters on Instagram: 🤍
Subscribe to our YouTube channel for free here: 🤍 Mahinda Rajapaksa resigned as Sri Lanka’s prime minister on May 9, 2022, hours after deadly clashes broke out. His supporters, some armed with iron bars, had attacked anti-government protesters in Colombo. At least three people were reportedly killed, including a ruling party legislator, and more than 150 were hospitalised. The country has struggled with months of power cuts and shortages of food, fuel and medicine, sparking weeks of nationwide protests. Support us: 🤍 Follow us on: Website: 🤍 Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 Linkedin: 🤍 #scmp #Asia #SriLanka
President Gotabaya Rajapaksa has fled Sri Lanka in a military jet, amid mass protests over the island's economic crisis. The country's air force confirmed the 73-year-old flew to the Maldives with his wife and two security officials. The president has appointed Prime Minister Ranil Wickremesinghe as acting president. Mr Wickremesinghe declared a state of emergency and told the military to restore order, as protesters stormed his office and demanded that he also resign. Sri Lanka is facing its worst economic crisis for decades with rampant inflation and food shortages. Huw Edwards presents BBC News at Ten reporting by Rajini Vaidyanathan in Colombo and diplomatic correspondent James Landale. Please subscribe HERE 🤍 #BBCNews
Sri Lanka is facing the worst economic crisis since its independence in 1948. The Island nation is reeling under the crisis owing to a number of reasons including depleting forex reserves, depreciating currency, and rising food prices in the country. Its citizens are suffering due to crippling power cuts, an extreme scarcity of food, fuel, and other essential items such as medicines. Subscribe to "BYJU’S IAS" Channel: 👉 🤍 Subscribe to our “BYJU’S IAS Hindi” Channel: 👉 🤍 Register FREE - BYJU’S National Scholarship Test (BNST) for IAS 👉 🤍 Free IAS Workshop [Limited Seats Available] - Register Now 👉 🤍 To take part in the Free Target Mains 2022 Program, download the App and register now! 🤍 Join us on Telegram Now for all the latest updates 👉 🤍 Watch the lecture in full to understand what is happening in Sri Lanka and how did the economic crisis start in the country. The topic is important for the UPSC Mains GS Paper 2 - International Relations segment. Download Explained PDF: 🤍 Related Links: 🤍 #EconomicCrisisInSriLanka #srilankaeconomiccrisis #IndiaSrilanka #SriLanka #BYJUS_Explained #UPSC_CSE Watch the entire Explained Series here: 🤍 Happy Learning! BYJU'S Exam Prep IAS 🤍BYJUSIAS
📦 Get a 60-day free trial at → 🤍 Thanks to ShipStation for sponsoring the show! Over the past decade Sri Lanka was one of the fastest growing economies in Asia. However, they took on too much debt and now the country is collapsing. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ 🤍 0:00 - 2:28 Intro 2:29 - 3:33 Shipstation 3:34 - 5:10 Economic growth 5:11 - 6:25 Infrastructure spending 6:26 - 7:26 Overbuilding 7:27 - 12:59 Balance of payments 13:00 - 15:55 Debt crisis 15:56 - 17:44 Limits to Development 17:45 National Leaderboard ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: 🤍 Over the past 2 decades Sri Lanka was one of the fastest growing economies in Asia thanks to its tourism industry and relatively educated workforce. To further bolster growth the government borrowed huge amounts of money at high interest rates. This eventually culminated with a debt crisis in 2022 which led to a near-total collapse in the economy. Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → 🤍 ✉️ Business Enquiries → hello🤍economicsexplained.com 🎧 Listen to EE on Spotify! 👉 🤍 Follow EE on social media: Twitter 🐦 → 🤍 Facebook → 🤍 Instagram → 🤍 TikTok → 🤍 #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 🤍 The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
Sri Lanka's second poorest district where most of the residents are from the Tamil Community whose wounds are yet to heal from the Civil War, and the present economic crisis acts as a second blow for this community. #srilanka #tamilcommunity #wionfineprint About Channel: WION The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for latest updates Zee News:- 🤍 Zee Bussiness:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps : 🤍
Since 2022; high inflation has hit Sri Lanka badly. The price of some vegetables has doubled amid a food crisis. The policy of converting to organic farming has failed leading to a catastrophic drop in yields. Sri Lanka: Food Crisis | ARTE.tv Documentary Subscribe to our Youtube channel: / 🤍artetvdocumentary 🗓 Available until the 17/01/2026 ARTE.tv Documentary is here to tell you more about what’s going on in the world of culture, news and current affairs with powerful, refreshing and entertaining docs subtitled in English for our international fans. Discover a whole world on #ARTE.tv #foodcrisis #artetvdocumentary #srilanka
Sri Lanka is no longer a bankrupt nation thanks to a $3bn bailout from the International Monetary Fund, the country’s president has said. The financial aid will help to boost the nation’s reserves, as it faces the worst economic crisis since independence. Russia’s invasion of Ukraine and inflation has exacerbated years of government mismanagement and now, there is a lifeline - but with conditions. Please subscribe HERE 🤍 #SriLanka #BBCNews
Sri Lanka is on the brink of bankruptcy. A country of 22 million people once referred to as a ‘Tropical Island Paradise’ is now in a free fall. It has defaulted on all foreign debts. Its access to international financial markets has been cut off. The rupee has gone into a tailspin, and there's now spiraling inflation. Cities and towns are submerged in darkness for hours, with no fuel to produce electricity. Cooking gas, medicines, milk powder and other essential commodities are all in short supply. Prime Minister Mahinda Rajapaksa and his entire cabinet have resigned amidst protests and violence in the streets. Can veteran politician Ranil Wickremasinghe who has just taken over as the new prime minister steer the country's sinking ship to safer shores? And how could a nation slide into disaster and chaos so fast? For greater INSIGHT into issues affecting Asia: 🤍 = ABOUT THE SHOW: Insight investigates and analyses topical issues that impact Asia and the rest of the world. #CNAInsider #CNAInsiderInvestigates #SriLanka #Rajapaksa For more, SUBSCRIBE to CNA INSIDER 🤍 Follow CNA INSIDER on: Instagram: 🤍 Facebook: 🤍 Website: 🤍
Cash-trapped Sri Lanka has cut lending rates for the first time in nearly three years, the island nation which faced economic downturn last year, has cut its lending rates after massive fall in inflation in May. The central bank of Sri Lanka has reduced its lending rates by 2.5% points. #srilanka #srilankaeconomy #worldnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
Sri Lanka is facing a severe economic crisis, and the citizens are taking to the streets demanding to oust President Rajapaksa. Watch this report to know what caused this crisis. #SriLanka #Economy #Crisis About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for latest updates Zee News:- 🤍 Zee Bussiness:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps : 🤍
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