Is Sri Lanka’s economic crisis a canary in th...

Does scientific, artistic or political brilliance translate into investing success? It’s a topical question with hedge funds today accused of sucking talent away from the rest of the economy. So, the FT’s Gillian Tett and Robin Wigglesworth sat down with reporter Toby Nangle, who ...  Show more

Long before modern economics, rulers such as Hammurabi in ancient Mesopotamia grappled with a political problem that still haunts our economies today: when people’s debts grow faster than their ability to repay them, the entire economic system can start to crack. Hammurabi adopte ...  Show more

In April 2022, Sri Lanka was gripped by a major economic crisis. Prices were rising sharply, protests started in the capital, Colombo,and spread across the country.Daily power cuts and shortages of basics such as fuel, food and medicines were commonplace. Inflation was running at ...  Show more

Why is Sri Lanka facing its biggest economic crisis for decades? It's left the population enduring months of power cuts, while essentials are in short supply. How has the country's debt spiralled out of control and what will a debt default mean for ordinary people? We hear from p ...  Show more

In recent days, the political crisis in Sri Lanka has reached a critical point, with its president fleeing the country and protesters occupying his residence and office. Today, “The Daily” explores how the island nation, whose economy was once held up as a success story in Sou ...