The IMF has provisionally agreed a $2.9 billion loan deal to save Sri Lanka from collapse. The country’s economy tanked in April, sparking a wave of fuel and food shortages, hyperinflation and political upheaval. Although the deal isn't complete, many citizens believe it will be a lifeline. Shiromay Coomar, a travel business owner, is optimistic for the futu ... Show More
Oct 2022
Sri Lanka: Life after an economic crisis
In April 2022, Sri Lanka was gripped by a major economic crisis. Prices were rising sharply, protests started in the capital, Colombo,and spread across the country.Daily power cuts and shortages of basics such as fuel, food and medicines were commonplace. Inflation was running at ... Show More
19m 30s
May 2022
Guerilla. Economist. Colombia’s next president?
<p>China has offered “a few hundred million dollars” in lending to Sri Lanka to help alleviate a shortage of essential goods, Wall Street investors got spooked by an earnings warning from Snap, and the FT traced a massive European bank sell-off to one fund manager. Plus, Colombia ... Show More
10m 45s