Sri Lanka Faces Default Amid Fuel Shortages and Economic Turmoil
Sri Lanka is expected to default on its debt after missing payments on sovereign bonds, amid severe fuel shortages and an escalating economic crisis affecting 22 million citizens.
News & Insights Across Asia
Sri Lanka is expected to default on its debt after missing payments on sovereign bonds, amid severe fuel shortages and an escalating economic crisis affecting 22 million citizens.
Turkey’s inflation soared to 61.14% in March, leaving many struggling with rising costs of food, rent, and gasoline. Shop owners and workers share their daily challenges amid the economic strain.
Protesters in Lebanon set fire to a government building amid strict COVID-19 lockdown measures and a worsening economic crisis, escalating tensions in the country.