Sri Lanka set for economic bailout

Electricity prices in the country have soared since the government cut energy subsidies to obtain a $3bn bailout from the International Monetary Fund leading to protests. We hear how this is impacting individuals and businesses. Also in the programme, we get the latest from Gabon ...  Show more

US commerce secretary, Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies. 

Sri Lanka is facing dire fuel and food shortages amid ongoing economic and political crises. In this week’s episode, the FT’s Antoni Slodkowski shares what he’s seen after a week of reporting in Sri Lanka. And then, emerging markets correspondent Jonathan Wheatley explains how ...

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

Sri Lanka is in crisis right now. After months of fuel, medicine and food shortages, protestors have taken to the streets – and the homes of the country’ ...