Economic crisis Archives - China Heralder https://chinaheralder.com/tag/economic-crisis/ Voice of Great China Fri, 29 Dec 2023 15:25:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://chinaheralder.com/wp-content/uploads/2023/01/cropped-china-heralder-Favico-32x32.png Economic crisis Archives - China Heralder https://chinaheralder.com/tag/economic-crisis/ 32 32 Sri Lanka’s Budget Navigates Challenging Economic Crisis https://chinaheralder.com/2023/12/29/sri-lankas-budget-navigates-challenging-economic-crisis/ Fri, 29 Dec 2023 15:22:55 +0000 https://chinaheralder.com/?p=7076 London, (16/11 – 57) Sri Lanka President Ranil Wickremesinghe has laid out the bankrupt country’s budget for 2024, drawing mixed reviews as he strives to meet the demands of an International Monetary Fund bailout program without sowing further public resentment ahead of expected elections. Some observers applauded the proposals, not only for what they included […]

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]]> Sri Lanka Reawakens Political Activism https://chinaheralder.com/2023/12/15/sri-lanka-reawakens-political-activism/ Fri, 15 Dec 2023 23:46:48 +0000 https://chinaheralder.com/?p=6976 Copenhagen (14/11 – 40) The massive mobilization and sustained pressure jolted the Sri Lankan presidency of the previously all-powerful Gotabaya Rajapaksa, prompted mass resignations from the government at the time, and solidified existing spaces and created new spaces for dissent and discussions on much-needed reforms. Sri Lanka is facing an exceptional political and economic crisis […]

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]]> Sri Lanka Remains in Economic Crisis, Impinges Human Rights https://chinaheralder.com/2023/12/14/sri-lanka-remains-in-economic-crisis-impinges-human-rights/ Thu, 14 Dec 2023 03:49:57 +0000 https://chinaheralder.com/?p=6968 London (15/11 – 67) The streets in Colombo, Sri Lanka, erupted into celebration on July 13, 2022 after weeks of peaceful protests forced then-President Gotabaya Rajapaksa to flee the country. Rajapaksa, long implicated in war crimes when he was defense secretary, had presided over an economic catastrophe amid allegations of widespread corruption and impunity. But a year later, despite […]

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]]> Sri Lanka Court Found Ex-President Contributed to Economic Crisis https://chinaheralder.com/2023/12/11/sri-lanka-court-found-ex-president-contributed-to-economic-crisis/ Mon, 11 Dec 2023 22:51:21 +0000 https://chinaheralder.com/?p=6960 London (15/11 – 67) Colombo Supreme Court rules that former President Gotabaya Rajapaksa and his brother, former Prime Minister Mahinda, were among several government officials whose conduct contributed to Sri Lanka’s worst economic crisis in decades. The court was ruling on a petition filed against 13 former officials by rights group Transparency International Sri Lanka […]

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]]> Sri Lanka’s Devastating Economic Crisis Continues https://chinaheralder.com/2023/12/10/sri-lankas-devastating-economic-crisis-continues/ Sun, 10 Dec 2023 20:58:45 +0000 https://chinaheralder.com/?p=6952 Brussels (16/11 – 83) Sri Lanka is still dealing with the aftermath of its most devastating economic crisis since independence, a government without popular support and intensifying geopolitical competition in its neighborhood, a year after the Sri Lanka’s massive unrest. Known as the Aragalaya protests which were spurred by the economic crisis, the protests led to mass resignations across the government with […]

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]]> Sri Lanka’s Worst Economic Crisis In Decades https://chinaheralder.com/2023/11/25/sri-lankas-worst-economic-crisis-in-decades/ Sat, 25 Nov 2023 02:52:58 +0000 https://chinaheralder.com/?p=6739 Rome (16/11 – 57) Sri Lanka is mired in a deep political and economic crisis and the country’s then President Rajapaksa has flown out of the country, days after a huge crowd of protesters stormed his residence in July 2022. Protesters for months have demanded the resignation of President Gotabaya Rajapaksa, whose government has been blamed for chronic mismanagement of the country’s finances. The island nation of 22 million people has suffered […]

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]]> Sri Lanka’s Economy Not Out Crisis Yet, Says President In Budget Speech https://chinaheralder.com/2023/11/14/sri-lankas-economy-not-out-crisis-yet-says-president-in-budget-speech/ Tue, 14 Nov 2023 14:42:58 +0000 https://chinaheralder.com/?p=6527 Colombo: Sri Lankan President Ranil Wickremesinghe on Monday presented his government’s 2024 budget, emphasising the need for tough reforms until the full recovery of the cash-strapped island nation’s economy. Although Sri Lanka has managed to control its hyperinflation in the ongoing economic crisis, its economy is far from being fully recovered. “We have been able to […]

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