Sri Lankan lawmakers elected Ranil Wickremesinghe as the new President amid a severe economic crisis. Despite his promise to work together, his election has been met with anger from protesters who see him as part of the problem, linked to the former President Gotabaya Rajapaksa. Wickremesinghe won the parliamentary ballot with 134 votes out of 223, defeating former journalist Dullas Alahapperuma and Anura Kumara Dissanayake. Protests continue as citizens demand a complete government overhaul, expressing disappointment in the political system. Wickremesinghe has begun distancing himself from Rajapaksa and is focusing on bailout talks with the IMF to address the country's financial woes, aiming to stabilize the economy by the end of next year.

Sri Lanka is in the midst of a political and economic crisis, with President Gotabaya Rajapaksa fleeing the country and Prime Minister Ranil Wickremesinghe acting as president. Protests have escalated due to economic mismanagement, leading to demands for both leaders to resign. Despite Rajapaksa's agreement to step down, his formal resignation is pending. The IMF is monitoring the situation, aiming to resume dialogue on a support program. Sri Lankans face severe hardships with shortages of basic goods and soaring prices. A new president is expected to be elected on July 20 to form a unity government.

Sri Lanka is facing its worst economic crisis in decades, leading to shortages in essential goods, including medical supplies. Families are struggling to find life-saving drugs like anti-convulsants and chemotherapy medications, with hospitals running low on drugs and equipment. Doctors are forced to reuse medical equipment and make difficult decisions about patient care. The crisis is attributed to government mismanagement and the impact of the Covid-19 pandemic on tourism. The government is seeking international assistance, but urgent help is needed to prevent a catastrophic number of deaths.

Sri Lanka is experiencing its worst economic crisis since independence, with severe shortages of food, fuel, gas, and medicine, and skyrocketing costs of basic goods. Protests have escalated, with demonstrators clashing with police. The government has imposed curfews and declared a public emergency. The crisis is attributed to a combination of misfortune and mismanagement, including tax cuts and a reliance on foreign loans. The pandemic further damaged the tourist-dependent economy. Sri Lanka is now seeking assistance from the IMF and regional powers like India and China. There is widespread frustration among citizens, with queues for essential goods becoming a daily reality.

Sri Lanka is experiencing its worst economic crisis since independence, with severe shortages of food, fuel, gas, and medicine, and skyrocketing costs of basic goods. Protests have escalated, with demonstrators clashing with police. The government has imposed curfews and declared a public emergency. The crisis is attributed to a combination of misfortune and mismanagement, including tax cuts by President Gotabaya Rajapaksa and the impact of the pandemic on the tourist-dependent economy. The government is seeking financial support from the IMF and regional powers like India and China. Experts warn the situation may worsen before improving.

Sri Lanka is experiencing its worst economic crisis since independence in 1948, with severe shortages of food, fuel, gas, and medicine, and skyrocketing costs of basic goods. Protests have escalated, with demonstrators clashing with police outside President Gotabaya Rajapaksa's residence. The government has imposed curfews and declared a public emergency. The crisis is attributed to a combination of misfortune and mismanagement, including tax cuts by President Rajapaksa, a bloated public sector, and impacts from natural disasters, political crises, and the pandemic. The government is seeking assistance from the IMF and regional powers like India and China, but experts warn the situation may worsen before improving.

Sri Lanka's President Gotabaya Rajapaksa declared a nationwide public emergency due to violent protests sparked by the country's severe economic crisis. The emergency allows for arrest and imprisonment without warrants. The crisis, exacerbated by a foreign exchange shortage, has led to long queues for basic goods and extensive power blackouts. The protests, which had been peaceful for weeks, escalated outside the President's residence in Colombo, with demonstrators clashing with police. The UN has called for restraint, while the government has labeled the protests as acts of terrorism.

Sri Lanka's President Gotabaya Rajapaksa declared a state of emergency amid violent protests due to the country's severe economic crisis. The emergency allows for warrantless arrests and was a response to protect public order and maintain essential services. Protests escalated outside the President's residence in Colombo, with demonstrators clashing with police. The economic downturn, exacerbated by the Covid-19 pandemic, has led to shortages of food, medicine, fuel, and significant foreign exchange issues. The UN has called for restraint, while the government has labeled the protests as terrorism.

Sri Lankan President Gotabaya Rajapaksa declared a state of emergency amid violent protests sparked by the country's severe economic crisis. The emergency allows for warrantless arrests and was declared to ensure public security and maintain essential services. Protests escalated outside the President's residence in Colombo, with demonstrators clashing with police, resulting in injuries and arrests. The economic downturn, exacerbated by the Covid-19 pandemic, has depleted foreign exchange reserves, leading to shortages of food, medicine, fuel, and extended power blackouts. The UN has called for restraint, while the government has labeled the protests as acts of terrorism.