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Crisis-hit Sri Lanka Set For Uneasy 'Economic War Cabinet'

Sri Lanka was set to form a new cabinet on Monday as bitter political rivals make common cause to tackle a worsening economic crisis after last week's deadly violence, party leaders said. Protestors remained camped outside President Gotabaya Rajapaksa's residence demanding that he resign meanwhile, as troops continued to patrol...
ASIA
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Sri Lanka PM to address crisis-hit nation as fuel runs short

COLOMBO, May 16 (Reuters) - Sri Lanka's new prime minister will address the crisis-hit nation later on Monday, as the country's power minister told citizens not to join the lengthy fuel queues that have galvanized weeks of anti-government protests. Ranil Wickremesinghe, appointed prime minister on Thursday, said he would give...
INDIA
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Could Sri Lanka’s Political Crisis Affect Bangladeshi Exports?

Click here to read the full article. Forty percent of Bangladeshi apparel shipments use the port of Colombo as a transshipment hub to reach the United States and Europe. This content is for Limited, SJ Promo- 40% off, Annual, SJ Promo 50% off, $2/ Week, $3 / Week, SJ Promo- 25% off, $15 a Month and SJ Test 1 members only. You can read up to five free articles each month with a Limited Level Subscription. Please visit the site and log in, or subscribe to read. More from Sourcing JournalInditex Backs Maersk's Bid for New Bangladesh Port Terminal: Report56% of Rana Plaza Survivors Say Their Health Is Getting WorseCEO at Top Nike Supplier on Keeping an Eye on 'What's Around the Corner'Best of Sourcing JournalDTC Explainer: Everything You Need to Know about Direct-to-ConsumerTariffs and Their Place in the American EconomyThe AEPC: Learning More About India’s Apparel Export Promotion Council
INDIA
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RELATED PEOPLE

Sri Lankan president ‘Gota’ clings on to power despite violent protests and new PM

They have called it “Gota Go Village”. Here, on what was once an empty stretch of lawn outside the office of the Sri Lankan prime minister, on Colombo’s seafront Galle Face promenade, a thriving community has sprung up. There are tents, food stalls, a library, a memorial, art installations, stages for music and speeches, and even the beginnings of a small farm growing vegetables and fruit from recently planted trees. Nearby, a patch has been set aside to cultivate rice.
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Social News XYZ

Pak will turn into SL if Imran is arrested: Ex-Minister

Islamabad, May 16 (SocialNews.XYZ) Pakistan's former Interior Minister Sheikh Rasheed Ahmed has warned that former Prime Minister Imran Khan is arrested, the country will turn into Sri Lanka which is currently undergoing its worst economic crisis.
ASIA
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Crisis-hit Sri Lanka Lifts Curfew For Buddhist Festival

Sri Lankan authorities lifted a nationwide curfew Sunday for an important Buddhist festival, but celebrations were muted as the island nation's new premier struggled to find his footing and tackle a worsening economic crisis. A countrywide stay-home order has been in place for most of the week after mob violence...
SOCIETY
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