Business Maverick: Sri Lanka president plans to resign after presidential palace stormed

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Economic activity has ground to a halt as citizens endure hours-long daily power outages. Anger against the president had been brewing for months as the country is in the worst tailspin of its independent history, with inflation seen hitting 70%.

Sri Lankan President Gotabaya Rajapaksa will step down this week, after angry protesters swarmed his official residence and offices.

The resignation marks a possible turning point for the bankrupt country, which is struggling to pay for food and fuel imports. International Monetary Fund representatives said they plan to continue technical discussions with the finance ministry and the central bank. Civil-rights activists, religious leaders and artists were among thousands from across the South Asian island who gathered on Saturday at an oceanfront protest site near the presidential residence in the capital, Colombo.

Wickremesinghe also announced his resignation on Saturday. Within hours of the decision, protesters set fire to his private residence. Wickremesinghe is safe, his office said in a text message, without elaborating.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Sounds familiar just put another face to the picture

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Phala phala next

Just reading the tweet and not the article ... This could be SA nevermind Sri Lanka...

대한민국 최근 뉴스, 대한민국 헤드 라인