Sri Lankan bonds slumped after protests against soaring inflation and lengthy power cuts led to a cabinet reshuffle, adding to concern political turmoil will hamper the government's ability to repay its debts in the face of a deepening crisis.
Sri Lanka Economic Crisis: Sri Lanka's entire cabinet aside from President Gotabaya Rajapaksa and his sibling Prime MinisterMahinda Rajapaksa resigned from their posts Sunday as the ruling political clan seeks to resolve a mounting economic crisis.
In a lengthy post, Jacqueline Fernandez urged all to stop passing judgements and support Sri Lanka. The country has for days been facing public protests calling for immediate measures to be taken by the government to solve the economic crisis, hours-long power cuts and shortages in fuel and other es
Anger is boiling over in Sri Lanka at the country's worst economic crisis since independence in 1948, much of it directed at the island nation's all-powerful Rajapaksa family.