Sri Lankan locals are desperately looking for someone to criticize for their current situation, and they have narrowed it down to Beijing and its debt diplomacy. The situation has deteriorated to the point that Sri Lanka is turning off street lights as the energy crisis worsens.
Sri Lanka is in the midst of an economic crisis that is wreaking havoc on the country's economy, as a devastating energy crisis threatens to turn into food and other vital goods shortages.
Sri Lanka is starting to turn off its street lights to conserve power due to an energy crisis (and China's refusal to permit the nation to restructure its debts) as its worst economic crisis in decades bites, forcing - among other cuts - the temporary shutdown of the local stock market as the crisis' influence is felt (the Colombo Stock Exchange reduced daily trading to two hours from the usual four-and-a-half because of the power cuts for the rest of this week at the request of brokers).
Since the governmen...
Full Access
Included:
-
Access to All Articles.
-
One Plan. No Tiers.
-
No Ads.
-
Cancel anytime.