Sri Lanka: Is $3 billion enough to save the economy?

Sri Lanka: Is $3 billion enough to save the e...

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Will safety issues at Boeing seriously impact air travel?

Consumer trust in Boeing is wearing thin since an airplane door ripped off a 737 Max 9 in January, which has been followed by a string of other recent Boeing safety incidents. So how much does faltering trust actually impact the business of air travel? Plus, President Joe Biden w ...  Show more

China’s National People’s Congress comes to a close

From the BBC World Service: China’s annual policy meeting has drawn to a close at a time when the country has mountains of debt, high youth unemployment and a property sector in crisis. So what is the government’s plan to boost confidence and steady the economy? Also on today’s p ...  Show more

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Will a $3bn bailout be enough for Sri Lanka?
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The IMF’s board has finally backed a $3bn bailout for Sri Lanka to help relieve a ‘catastrophic’ economic and social crisis, shares in First Republic Bank tumbled 47 per cent on Monday despite a $30bn rescue deposit last week, and Credit Suisse bondholders were in uproar ...

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Sri Lanka's debt crisis
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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 overthrew its president, what now?
Nothing is Foreign

Sri Lanka’s president just resigned after months of protest and a deepening economic crisis. Despite Rajapaksa’s departure and the celebratory scenes of demonstrators partying at the president’s home, the people of Sri Lanka have a massive debt hole to climb out of and people hav ...  Show more

Is Sri Lanka’s economic crisis a canary in the coal mine?
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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 ...

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