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Thousands of Nigerians protest soaring costs

Thousands of Nigerians rallied against soaring living costs on Tuesday as the worst economic crisis in a generation leaves many struggling to afford food.In the north, the economic crisis has forced people to eat poor-grade rice used as fish food.

Debt-laden Sri Lanka marks Independence Day with Thai prime minister as guest of honor

Thai Prime Minister Srettha Thavisin was the guest of honor at Sri Lanka’s 76th Independence Day celebrations on Sunday, as the island nation struggles to emerge from its worst economic crisis. Srettha joined Sri Lankan President Ranil Wickremesinghe at a low-key ceremony near the country’s main seaside esplanade that included a military parade and parachute jumps.

Police in Sri Lanka use tear gas to disperse opposition protest against dire economic conditions

Sri Lanka's police used Tuesday tear gas and water cannons to disperse an opposition protest in the island nation facing its worst economic crisis while gearing up for a national election later this year. Protesters from the main opposition United People’s Power party gathered in the capital, Colombo, and accused President Ranil Wickremesinghe's administration of overburdening citizens by increasing taxes, as well as hiking prices for electricity and fuel, causing a sharp spike in living costs.

Cubans fear worsening inflation as fuel price to soar 500%

Already under the yoke of inflation and product scarcity, many Cubans don't know how they will cope with a new 500-percent surge in the fuel price.According to official estimates, the Cuban economy shrank by two percent in 2023, while inflation reached 30 percent in 2023. 

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