The dissent against Sri Lankan President Gotabaya Rajapaksa and his clan is on the rise. According to the latest development, a group of students tried to storm into the Sri Lankan parliament, the protests were being staged by the inter-university students federation which is the largest student body in the island nation.

Sri Lanka economic crisis: University students stage protest near parliament

Amid the ongoing political and economical crisis, Ranjith Siyambalapitiya, a Sri Lankan MP, was re-elected as Deputy Speaker of Parliament today.

Sri Lanka crisis & chaos: All eyes now on the no-confidence motion

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: Police fire tear gas on student protesters

WION's correspondent Dasuni Athauda in an exclusive interview speaks to Ex-Dy Governor of Central Bank, W. A. Wijewardena about the ongoing economic crisis in Sri Lanka

Sri Lanka economic crisis: W. A. Wijewardena, Ex-Dy Governor of Central Bank, in an exclusive interview with WION

Youth becomes the face of Sri Lankan protests as protests against the Rajapaksa family has intensified. PM Mahinda Rajapaksa has refused to step down. For more on this, we're joined by WION's correspondent Dasuni.

Sri Lanka crisis: Protests continue against Rajapaksa family

Sri Lanka is witnessing its biggest economic crisis since its independence and the political stability in the country is only continuing to worsen. Protests are planned across the country on labour day, so far both PM Mahinda Rajapaksa and President Gotabaya Rajapaksa have refused to step down

Sri Lanka Political crisis worsens: Protest against Rajapaksa family intensify on Labour day

Sri Lanka has been in the grip of an economic crisis. The country is experiencing its worst financial crisis since its independence in 1948. Citizens of the island nation have been out on the streets protesting against months of blackouts, acute scarcity of food, fuel and other essentials.

Has Sri Lanka economic crisis divided the Rajapaksa brothers?

Few media reports claim that president Gotabaya Rajapaksa has agreed to form an interim government with a new prime minister and cabinet. However, Sri Lankan president Gotabaya is yet to issue an official statement. For more perspective on this, we're joined by WION's correspondent Dasuni.

Sri Lanka crisis & chaos: Colombo all set for cabinet overhaul?

Sri Lankan president Gotabaya is yet to issue an official statement but local media reports claim that president Gotabaya Rajapaksa has agreed to form an interim government with a new prime minister and cabinet. For more perspective on this, we're joined by WION's correspondent Dasuni.

Sri Lanka: President Gotabaya's Nod for new govt amid growing calls to quit

In the face of rising calls to quit office, Sri Lankan President Gotabaya Rajapaksa is eager to form an interim all-party government. The President is chairing a meeting today with the leaders of political parties in the coalition government and the leaders of political parties that decided to remain independent from the government.

Sri Lanka's economic woes: Embattled President Rajapaksa chairs an all-party meet

Protest against the government is gaining momentum in Sri Lanka. Trade unions have threatened to go on strike from May 6th. Protestors are demanding the Lankan govt's resignation. To get more details, watch this report by Dasuni.

Sri Lanka crisis & chaos: Protest against government gains momentum

Nepal has banned the import of 10 luxury and non-essential goods to conserve foreign exchange. The pandemic, followed by the rising oil prices, has drained the Nepalese reserves by 18%. Palki Sharma Upadhyay tells you if Nepal could be the next Sri Lanka.

Gravitas: Is Nepal going the Sri Lanka way?

Sri Lanka, the cash-strapped country has announced selling long-term visas to attract foreign currency after the island nation ran out of dollars to pay for essential commodities like food and fuel. As per the latest announcements, foreigners who deposit a minimum of a hundred thousand dollars locally will be granted permission to live and work in Sri Lanka for ten years.

Sri Lanka economic crisis: Island nation to sell 'Golden Visas' to revive economy

Sri Lanka is currently witnessing its worst economic crisis since its independence. With rising inflation and lack of basic staples, the condition is steadily shifting from bad to worse. The newly elected Sri Lankan cabinet will be meeting for a session later today to discuss proposals for a possible 21st constitutional amendment

Sri Lanka Economic Crisis: Proposals for 21st constitutional amendment to be presented today

<p>The situation in Sri Lanka is getting worse by the day and the impact can clearly be seen on the country’s share market. Trading was halted for the second time this month on Monday after the Sri Lanka share market saw a massive fall of around 12.6 per cent amidst the ongoing economic crisis.</p>

<p>The market was closed for around two weeks due to the Sri Lankan New Year holidays and the five-day break after trading was halted on the first occasion. On that occasion, the trading was stopped due to the rising interest rates as the country’s government defaulted on its $51 billion foreign debt.</p>

<p>Also read |&nbsp;<a href="https://www.wionews.com/world/japans-antivirus-pill-shows-rapid-clearance-of-covid-19-473574">Japan's antivirus pill shows 'rapid clearance' of COVID-19</a></p>

<p>According to an AFP report, Sri Lanka is currently facing its worst economic condition since gaining independence in 1948 and the local currency and equities have lost around 40 per cent of value.</p>

<p>Blackouts and food shortages have become common in the country which is experiencing acute problems when it comes to its economy and that has resulted in massive wide-spread protests.</p>

<p>Also read |&nbsp;<a href="https://www.wionews.com/south-asia/sri-lankan-minister-godahewa-backs-demonstrators-asking-pm-mahinda-rajapaksa-to-step-down-473195" hreflang="en">Pressure intensifies on PM Mahinda Rajapaksa as staunch allies break ranks</a></p>

<p>The AFP report further said that the local S&amp;P index fell around seven per cent since the start of trading and it kept going down until it triggered an automatic half-hour halt to the trading.</p>

<p>A finance ministry source in Colombo told AFP that Sri Lanka re currently in talks with neighbours India, China and Japan in order to acquire some financial help. The source also emphasised on the fact that foreign aid seems to be the most likely solution to the current economic crisis.</p>

<p><strong>WATCH |&nbsp;Sri Lanka marks New Year amid economic crisis</strong></p>

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/sri-lanka-marks-new-year-amid-economic-crisis-470850/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

<div class="videoWrapper trancodeVideo">&nbsp;</div>

<div class="videoWrapper trancodeVideo">(With inputs from agencies)</div>


The situation in Sri Lanka is getting worse by the day and the impact can clearly be seen on the country’s share market. Trading was halted for the second time this month on Monday after the Sri Lanka share market saw a massive fall of around 12.

The situation in Sri Lanka is getting worse by the day and the impact can clearly be seen on the country’s share market. Trading was halted for the second time this month on Monday after the Sri Lanka share market saw a massive fall of around 12.6 per cent amidst the ongoing economic crisis. The market was closed for around two weeks due to the Sri Lankan New Year holidays and the five-day break after trading was halted on the first occasion. On that occasion, the trading was stopped due to the rising interest rates as the country’s government defaulted on its $51 billion foreign debt. Also read | Japan's antivirus pill shows 'rapid clearance' of COVID-19 According to an AFP report, Sri Lanka is currently facing its worst economic condition since gaining independence in 1948 and the local currency and equities have lost around 40 per cent of value. Blackouts and food shortages have become common in the country which is experiencing acute problems when it comes to its economy and that has resulted in massive wide-spread protests. Also read | Pressure intensifies on PM Mahinda Rajapaksa as staunch allies break ranks The AFP report further said that the local S&P index fell around seven per cent since the start of trading and it kept going down until it triggered an automatic half-hour halt to the trading. A finance ministry source in Colombo told AFP that Sri Lanka re currently in talks with neighbours India, China and Japan in order to acquire some financial help. The source also emphasised on the fact that foreign aid seems to be the most likely solution to the current economic crisis. WATCH | Sri Lanka marks New Year amid economic crisis (With inputs from agencies)

Sri Lanka stock market halts trading after 12.6 per cent fall amidst economic crisis

Even after the revamp of entire cabinet, Sri Lanka's economic crisis don't seem to get any better. Country's top delegation has flown to Washington, DC for a meet with IMF officials. The discussions covered recent economic and financial developments in Sri Lanka

Sri Lanka Economic crisis: Sri Lankan delegation meets with IMF officials in Washington, DC

Debt-ridden Sri Lanka's inflation has hit a record high for the six consecutive months. The official data on rising inflation has now raised concerns as the Sri Lankan government has asked the international monetary fund for an urgent bailout.

Sri Lanka crisis: Record inflations hits cash-strapped Sri Lanka

Sri Lanka resentment against the economic austerity is escalating. The common man is on the streets across the south Asian country voicing anger against the government's mishandling of the economy. One of the protest sites has become the center of agitation after Sri Lankan police fired live ammunition killing one person which is also drawing foreign concerns.

Sri Lanka police open fire at protesters, 1 dead; US, UK, Canada envoys call for probe

India's finance minister Nirmala Sitharaman has called on the International Monetary Fund (IMF) for urgent financial assistance to Sri Lanka. Even Colombo is in talks with the IMF for a bailout.

Crisis-hit Sri Lanka seeks emergency economic aid from IMF

Sri Lanka is dealing with its worst economic crisis, streets are going dark and fuel is running out. People are protesting on the streets against President Rajapaksa and his government is being blamed for the mishandling of the economy.

Sri Lanka crisis & chaos: 'I regret the crisis', says Sri Lankan President Gotabaya Rajapaksa

<p>One person died and around 24 others were injured by gunshots after police fired at Sri Lankans protesting recent fuel price hikes and other living woes, local media and health authorities said.</p>

<p>Videos from the scene surfaced, showing protestors taking the injured and rushing them to the hospital, with one protestor accusing the police of being at fault.</p>

<p>As a result, protestors have encircled the Rambukkana Police Station and are throwing stones at it.</p>

<p>Police used tear gas on the protestors earlier in the afternoon to disperse them after they had been protesting for 15 hours over the fuel price hike.<br />
<br />
<strong>Watch | South Asia Diary | Sri Lanka Economic Crisis</strong></p>

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/south-asia-diary-sri-lanka-economic-crisis-472003/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

<p>Sri Lanka has been in the midst of its worst economic crisis since its 1948 independence, with food, fuel, gas, and medication in limited supply and the cost of essential products soaring.</p>

<p>Soldiers are stationed at gas stations to calm consumers who queue for hours in the sweltering heat to fill their tanks, and shops have been forced to close because they can't run fridges, air conditioners, or fans.</p>

<p>Waiting has even resulted in the death of some people.&nbsp;<br />
<br />
<strong>Watch | Sri Lanka economic crisis explained in one minute</strong></p>

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/sri-lanka-economic-crisis-explained-in-one-minute-469458/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>


One person died and around 24 others were injured by gunshots after police fired at Sri Lankans protesting recent fuel price hikes and other living woes, local media and health authorities said.

One person died and around 24 others were injured by gunshots after police fired at Sri Lankans protesting recent fuel price hikes and other living woes, local media and health authorities said. Videos from the scene surfaced, showing protestors taking the injured and rushing them to the hospital, with one protestor accusing the police of being at fault. As a result, protestors have encircled the Rambukkana Police Station and are throwing stones at it. Police used tear gas on the protestors earlier in the afternoon to disperse them after they had been protesting for 15 hours over the fuel price hike. Watch | South Asia Diary | Sri Lanka Economic Crisis Sri Lanka has been in the midst of its worst economic crisis since its 1948 independence, with food, fuel, gas, and medication in limited supply and the cost of essential products soaring. Soldiers are stationed at gas stations to calm consumers who queue for hours in the sweltering heat to fill their tanks, and shops have been forced to close because they can't run fridges, air conditioners, or fans. Waiting has even resulted in the death of some people. Watch | Sri Lanka economic crisis explained in one minute

Sri Lankan shot dead by cops at anti-govt protest as fury grows over economic crisis

South Asia's debt-ridden nation of Sri Lanka has turned to the IMF for a bailout package. FM Ali Sabry will hold talks with the global monetary body in Washington. Cricket icon Sanath Jayasuriya has joined the anti-govt stir in Sri Lanka.

Sri Lanka economic crisis: Cricket icon Sanath Jayasuriya joins anti-govt stir

Due to Sri Lanka's economic crisis, the stock exchange has been halted for five days. The announcement was made by the Colombo stock exchange. Sri Lanka is facing a food and fuel shortage as well.

Sri Lanka declares 5 day share trading halt, faces food and fuel shortage

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.

Gravitas Plus | Explained: Sri Lankan economic crisis

Sri Lankans suffer as economic crisis in the country worsens. After long power cuts, acute shortage of food and essentials that led to weeks of widespread anti government demonstrations, now the crisis in country has led to the implementation of fuel rationing

Bankrupt Sri Lanka rations fuel as economic crisis worsens

Sri Lankans shared milk rice and oil cakes to celebrate their traditional new year on Thursday opposite the president’s office, where they camped out for a sixth day demanding his resignation over the worst economic crisis.

Sri Lanka crisis: Protesters reject government's invitation for talks

It is supposed to be a day of celebration in Sri Lanka, the country marks its New Year but there is little joy. The economic crisis have brought all the festivities to halt. On Wednesday, Sri Lankan waited in long queues to buy central items.

Sri Lanka marks New Year amid economic crisis

Sri Lankan protesters mark new year near president's office amid economic crisis

Sri Lanka will default on its debt for the first time in its independent history. The opposition parties have now decided to push for the ouster of the Rajapaksas. What's their plan? Palki Sharma tells you.

Gravitas: Sri Lanka: Opposition's plan to oust Rajapaksas revealed

Another neighbor of India could be struggling- Nepal. A recent decision by Kathmandu has captured the attention of the world, Nepal has banned imports of luxury items.

An economic crisis in Nepal?

After weeks of protests on the streets in Sri Lanka, protesters are demanding the resignation of Sri Lankan President Gotabaya Rajapaksa. To get more details on the Sri Lankan crisis, watch this report by Dasuni.

Sri Lanka crisis: Protestors demand resignation of President Gotabaya Rajapaksa

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