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and the latest economic numbers participate a conflicting picture. we ll help you figure out what it all means. the sri lankan president say they ll resign after tens of thousands of people stormed their residences to protest the country s economic cries. this comes after months of protell uses across the south asian nation. it reached unprecedented levels on saturday. at one point more than 100,000 people converged outside the president s residence calling for his resignation. the prime minister says he s willing to make way for an all party government to take over. sri lanka s parliamentary speaker is calling for calm as the country waits for a transition of power to occur. translator: there is no need to destabilize the country any longer. i respectfully request for the cooperation of everyone on behalf of the country and for the country s future in order to maintain peace. cnn s will rippley joins us now from taipei. the protesters got what they wanted in a se ....
Sri lanka is witnessing its worst financial crisis in seven decades. a severe foreign exchange crunch bringing the country to its knees. there have been long, winding queues for fuel now limited to only essential services. power cuts, relentless. analysts say the current crisis a result of poor economic decisions over the years by ra rajah paska and his government. under the constitution if both president and prime minister resign the speaker will serve as acting president for 30 days in which parliament will elect a new president. it will be a sweeping change for sri lanka largely brought about by its own people, many who have nothing left to lose. financial mismanagement is believed to be one factor but sri lanka has been hit by crisis after crisis over the last few ....