Explained: How Sri Lanka spiralled into crisis

Anti-government protesters angry over power blackouts, shortages of basic goods and rising prices have long demanded that Rajapaksa steps down, but the retired military officer had resisted the demands for months, invoking emergency powers in an attempt to maintain control.

Bankrupt Sri Lanka economy shrinks 1.6% in first quarter

<ul><li>The island nation's painful downturn has seen months of lengthy blackouts, runaway inflation and severe shortages of vital consumer goods.</li></ul>

Why Sri Lanka's economy collapsed and what's next

Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighbouring India and China and from the International Monetary Fund.

Is the Great Sri Lanka Fire Sale About to Begin?

Getting a bailout won’t be easy for the financially embattled government, while privatizing key state assets risks more turmoil.

Top Sri Lanka News

markets

Explained: How Sri Lanka spiralled into crisis

markets

Bankrupt Sri Lanka economy shrinks 1.6% in first quarter

markets

Why Sri Lanka's economy collapsed and what's next

markets

Is the Great Sri Lanka Fire Sale About to Begin?