✦ An emerging crisis ...Middle East

Quartz - Economy
source : Quartz ( Middle East ) () 21
Hi Quartz members,Sri Lankans this week successfully ousted president Gotabaya Rajapaksa, who sent his resignation on Thursday by email from Singapore like a “Wish you were here!” postcard. He escaped the protestors swimming in his pool and any further accountability for Sri Lanka’s economic collapse. Already in default, the nation once seen as a model for free-market capitalism in south Asia now warns the “whole country will be shut down” if it can’t get financing for food and fuel, while prices are up more than 50% from last year. The island’s 22 million people could face famine within months.Read the rest of this story on qz.com. Become a member to get unlimited

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