Sri Lanka's new prime minister was struggling Friday to forge a unity government and forestall an imminent economic collapse after a senior opposition figure refused to helm the finance ministry.

Sri Lanka Crisis & Chaos: PM Ranil Wickremesinghe struggles to form unity govt

A leaked paper from the Russian finance ministry said the country's GDP will contract by 12%. The economic crisis could force Putin to rethink his war strategy. Palki Sharma tells you more.

Gravitas: Leaked paper hints at Russia's economic collapse

Veteran leader Ranil Wickremesinghe has been appointed as Sri Lanka's new Prime Minister. Will this appointment assuage the protesters? Can Wickremesinghe save the island's sinking economy? Palki Sharma tells you.

Gravitas: Sri Lanka gets a new Prime Minister

Thousands of people in Argentina took the streets of the capital to express their discontent with President Alberto Fernandez due to gripping inflation and a prolonged economic crisis in the country.

Argentina economic crisis: 40% of Argentines are battling poverty

Two countries in the Indian subcontinent are grappling with a deepening economic crisis. The economic mismanagement in Sri Lanka triggered major political turmoil and Pakistan has its own share of economic concerns. But China has been hesitant in helping its friends Pakistan and Sri Lanka. WION tells you how China dumped both nations amid financial trouble.

China dumps Sri Lanka, Pakistan amid financial trouble

Sri Lankan President Gotabaya Rajapaksa said that he will appoint a new Prime Minister and a Cabinet this week which would introduce constitutional reforms, amid continuing widespread anti-government protests over the country's worst economic crisis.

Sri Lanka Crisis & Chaos: President Gotabaya Rajapaksa to appoint new PM this week

Sri Lankans attempt to flee as economic crisis escalates

Sri Lankan singer, songwriter, and music producer Yohani speaks to WION on Sri Lanka's current situation. Listen to this conversation to know more about the Sri Lanka crisis.

Sri Lankan singer and songwriter Yohani speaks to WION on Sri Lanka crisis

President Gotabaya is the last Rajapaksa standing. As the anti-government protests turn violent, will Gotabaya use the army to stay in power? Will the generals back the embattled President? Palki Sharma tells you.

Gravitas: Will the army keep Gotabaya in power?

Sri Lankan government has ordered troops to shoot-on-sight after it granted its military and police emergency powers to arrest people without warrants in the wake of Monday’s violence that left seven people dead.

Sri Lanka Crisis & Chaos: Army given shoot-on-sight orders to quell protests

Anger continues to simmer on the streets of Sri Lanka. In a bid to control protesters, Sri Lankan authorities issued shoot-on-sight orders on Tuesday to quell the unrest. This order comes after people disobeyed a nationwide curfew already in place and set buildings and vehicles on fire for the second consecutive day.

Sri Lanka economic crisis: People defy curfew to protest, army given shoot-on-sight orders

After months of anti-government agitation and mounting pressure, Sri Lankan PM Mahinda Rajapaksa on Monday resigned but the situation remains extreme tense and volatile.

Sri Lanka Crisis & Chaos: Protests continue amid curfew in Sri Lanka

In Sri Lanka, it was a day of violence today, at least 5 people were killed, more than 190 injured in a wave of violence. These clashes were between Rajapaksa supporters and the anti-government demonstrators. Currently, authorities have imposed an indefinite curfew across the country

Sri Lanka's day of violence, over 190 injured in protests

Mahinda Rajapaksa stepped down as Sri Lanka's Prime Minister today. His resignation came hours after his supporters attacked anti-government protesters in Colombo. Palki Sharma gets you the details.

Gravitas: Rajapaksa supporters attack anti-government protesters

Until last year, Mahinda Rajapaksa's grip on power was absolute. He was the face of the Rajapaksa dynasty. Palki Sharma tells you how Mahinda Rajapaksa became a political liability for his younger brother - President Gotabaya Rajapaksa.

Gravitas: How Mahinda Rajapaksa became a political liability

After months of anti-government agitation and mounting pressure, PM Mahinda Rajapaksa on Monday resigned but the situation remains extreme tense and volatile. Sri Lankan PM Rajapaksa's homes were set on fire, soon after he quit.

Sri Lanka Crisis & Chaos: PM Mahinda Rajapaksa's house torched in night of unrest

Sri Lanka crisis: At least 7 dead, over 190 injured in protests | Dr WA Wijewardena Exclusive

In a recent update on the Sri Lanka crisis, president Gotabaya has asked prime minister Mahinda to step down. The request came at a special cabinet meeting in Colombo. For more details, we're joined by Shanakiyan Rasamanickam, MP of Sri Lanka.

Sri Lankan President Gotabaya seeks PM Mahinda's resignation?

Sri Lanka's Prime Minister Mahinda Rajapaksa has resigned amid mass protests at the government's handling of the economic crisis. The move came as the nation was placed under curfew after violent clashes between Rajapaksa supporters and anti-government protesters in Colombo.

Sri Lanka Crisis & Chaos: PM Mahinda Rajapaksa resigns after months of anti-govt protests

Sri Lankan Prime Minister Mahinda Rajapaksa has resigned from his post. This comes after violent clashes erupted in Colombo over the economic crisis in the country.

Sri Lanka Crisis & Chaos:  PM Mahinda Rajapaksa resigns amid worst economic crisis

Sri Lanka's Prime Minister Mahinda Rajapaksa has resigned amid mass protests at the government's handling of the economic crisis. The move came as the nation was placed under curfew after violent clashes between Rajapksa supporters and anti-government protesters in Colombo.

Sri Lanka Crisis & Chaos: WION accesses PM Mahinda Rajapaksa's resignation letter

Sri Lanka Prime Minister Mahinda Rajapaksa on Monday quit from his post. The development came after clashes between pro and anti-government supporters in Colombo.

Sri Lanka Crisis & Chaos: PM Mahinda Rajapaksa steps down

Sri Lanka Crisis & Chaos: PM Mahinda Rajapaksa resigns amid massive clashes

Sri Lanka Crisis & Chaos: Mahinda Rajapaksa steps down as PM amid massive clashes

Sri Lanka Crisis & Chaos: Sri Lankan PM Mahinda Rajapaksa resigns amid protests

Political instability continues to haunt Mahinda Rajapaksa's government in Sri Lanka as thousands hit the streets demanding the prime minister's resignation. The Sri Lankan government has defended imposition of emergency amid flak from the opposition.

Sri Lankan crisis: Government defends imposition of emergency amid flak from opposition

Cascading effect of Sri Lanka's ongoing economic crisis has led to deepening political instability. Protests continue in the Island nation for weeks now with people coming to the streets to demand resignation of the Rajapaksa regime. PM Mahinda Rajapaksa was heckled by the protesters today during Anuradhapura Visit.

Political turmoil in Sri Lanka: PM Mahinda heckled during Anuradhapura Visit

Protests continue in Sri Lanka for weeks now with people coming to the streets to demand the resignation of the Rajapaksa regime. PM Mahinda Rajapaksa was heckled by the protesters today during Anuradhapura's Visit today. For more perspective on this, we're joined by Ambika Satkunanathan, former commissioner of the Human rights commission of Sri Lanka.

Sri Lanka crisis: PM Mahinda Rajapaksa to meet top Buddhist leaders?

In a recent update on the Sri Lanka crisis, an emergency has been declared in Sri Lanka for the second time since April. This has been done to maintain law and order.

Sri Lankan crisis: Emergency in Sri Lanka for the second time since April

Sri Lankan President Gotabaya Rajapaksa has declared a state of emergency for the second time in two months as protest against the ruling establishment over inflation and economic crisis rages on.

According to the president’s media division, the emergency will take effect from midnight of May 6.

According to reports, the president invoked the tough laws after trade unions staged a nationwide strike on Friday demanding his resignation over worsening economic crisis.

The move comes in the wake of protests across the island demanding the resignation of the president and the entire government over failure to solve the severe economic crisis.&nbsp;

Earlier in the day, thousands of student activists belonging to the Inter University Students Federation blocked the main access road to the parliament complex and carried out protests for the past 24 hours. The police resorted to firing tear gas shells and water cannons to disperse the protesters.

Despite mounting pressure, President Rajapaksa and his elder brother and Prime Minister Mahinda Rajapaksa have refused to quit.

On Thursday, they won a key election in Parliament when their candidate convincingly won the race for the post of Deputy Speaker Ranjith S.

However, 24 hours after being elected, Ranjith resigned.

Watch |&nbsp;Gravitas: Sri Lanka's crisis to last for two years

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/gravitas-sri-lankas-crisis-to-last-for-two-years-476687/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

In his resignation letter to the president, he said, “Personally, I believed that I was put forward as the candidate representing the opposition and the government. However, the opposition fielded a candidate in the last minute and went for a secret ballot.”

“Although emerging&nbsp;victorious, I am now being perceived as a traitor and an enemy by the public.”

“As someone who understands the plight and the current struggles of the people, I wish to side with them and resign.”

The Rajapaksa government had first declared emergency on April 1 to control law and order after thousands converged on the streets against the government.

Also read |&nbsp;<a href="https://www.wionews.com/south-asia/watch-stripped-of-good-governance-sri-lankans-launch-an-underwear-protest-476828">Stripped of good governance, Sri Lankans launch an 'underwear protest'</a>

However, the president later revoked the order on April 05 after coming under pressure from his own cabinet ministers and the opposition parties.

Also read |&nbsp;<a href="https://www.wionews.com/south-asia/sri-lanka-ranjith-siyambalapitiya-re-elected-as-deputy-speaker-of-parliament-476476">Sri Lanka: Ranjith Siyambalapitiya re-elected as Deputy Speaker of Parliament</a>

The island nation is going through an economic meltdown of a scale unseen since the country’s financial crisis of 1948.

WATCH WION LIVE

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" src="https://www.wionews.com/live-tv/embed?autoplay=1&amp;mute=1" width="100%"></iframe>

Sri Lankan President Gotabaya Rajapaksa has declared a state of emergency for the second time in two months as protest against the ruling establishment over inflation and economic crisis rages on.

Sri Lankan President Gotabaya Rajapaksa has declared a state of emergency for the second time in two months as protest against the ruling establishment over inflation and economic crisis rages on. According to the president’s media division, the emergency will take effect from midnight of May 6. According to reports, the president invoked the tough laws after trade unions staged a nationwide strike on Friday demanding his resignation over worsening economic crisis. The move comes in the wake of protests across the island demanding the resignation of the president and the entire government over failure to solve the severe economic crisis. Earlier in the day, thousands of student activists belonging to the Inter University Students Federation blocked the main access road to the parliament complex and carried out protests for the past 24 hours. The police resorted to firing tear gas shells and water cannons to disperse the protesters. Despite mounting pressure, President Rajapaksa and his elder brother and Prime Minister Mahinda Rajapaksa have refused to quit. On Thursday, they won a key election in Parliament when their candidate convincingly won the race for the post of Deputy Speaker Ranjith S. However, 24 hours after being elected, Ranjith resigned. Watch | Gravitas: Sri Lanka's crisis to last for two years In his resignation letter to the president, he said, “Personally, I believed that I was put forward as the candidate representing the opposition and the government. However, the opposition fielded a candidate in the last minute and went for a secret ballot.” “Although emerging victorious, I am now being perceived as a traitor and an enemy by the public.” “As someone who understands the plight and the current struggles of the people, I wish to side with them and resign.” The Rajapaksa government had first declared emergency on April 1 to control law and order after thousands converged on the streets against the government. Also read | Stripped of good governance, Sri Lankans launch an 'underwear protest' However, the president later revoked the order on April 05 after coming under pressure from his own cabinet ministers and the opposition parties. Also read | Sri Lanka: Ranjith Siyambalapitiya re-elected as Deputy Speaker of Parliament The island nation is going through an economic meltdown of a scale unseen since the country’s financial crisis of 1948. WATCH WION LIVE

Sri Lanka declares state of emergency again as anti-govt protest rages on

Dissent against Sri Lankan President is growing as a group of students tried to storm into the Sri Lankan Parliament. The protests were being staged by the inter-university students federation. Police fired tear gas on student protesters.

Sri Lanka crisis & chaos: WION Correspondent hit by tear gas

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