Sri Lanka Financial Crisis

Even bread is expensive: Sri Lanka's Slave Island battles food crisis as prices skyrocket

Food inflation in Sri Lanka reached 80.1% in the year to June, according to official figures. According to the World Food Programme, nearly five million people -- 22% of the population -- need food aid

Sri Lanka troops barricade Parliament against protesters

Troops in green military uniforms and camouflage vests arrived by armored personnel carriers at the parliament building, anticipating more protests after a group attempted to storm the entrance the previous day

WATCH: Sri Lankan protesters storm PM office in Colombo despite heavy security presence

PM and acting president Wickremesinghe in a televised address said he had instructed security forces to restore order, but troops were seen backing down at his office leaving gates open for protesters to stroll in

End of the line for Sri Lanka's 'Terminator' president Gotabaya Rajapaksa

He denied allegations that at least 40,000 minority Tamil civilians were killed by troops under his command during the closing months of the war, but the accusations bolstered his tough-guy image in the eyes of the majority Sinhalese

Sri Lanka lawmakers to pick new president but no deal on PM yet

While lawmakers agreed late Monday to elect a new president from their ranks on 20 July, they have not yet decided who will take over as prime minister and fill the Cabinet

Indian Oil Corporation in Sri Lanka suspends fuel distribution amid mass protest fears

The LIOC has been the only retailer since the state oil entity Ceylon Petroleum Corporation (CPC) pumps went dry on June 27 due to the forex crisis that has led to an unprecedented economic crisis in the island nation of over 22 million people

Sri Lanka defence chief rules out military coup amid troop deployment to quell unrest

Footages of armoured personnel carriers moving around the streets of the capital Colombo have prompted accusations from Opposition lawmakers and social media users that the country could be facing an imminent coup

Hambantota: Failed China-backed projects in Rajapaksas' home district testament to Sri Lanka's economic mismanagement

Debt from China contributed to Sri Lanka's dire fiscal predicament, after years of taking loans to cover spiraling budget deficits and to finance the imported products needed to keep the island's economy ticking over

'Factually incorrect': India denies reports of Sri Lanka using Line of Credit to import water cannons

'Credit line of $1 billion to Sri Lanka is intended to help the people of Sri Lanka with the availability of food, medicines, and other essential items required by the people of Sri Lanka in the current situation,' the Indian embassy said

'Gave illegal orders to fire live ammunition': Top cop arrested over death of anti-govt protester in Sri Lanka

A 42-year-old man was killed as police used tear gas and live rounds to disperse a crowd, which had blockaded a busy highway and railway line linking the capital Colombo with the central city of Kandy