What’s going on in Sri Lanka? Debt crisis led to economic collapse

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What’s going on in Sri Lanka? Debt crisis led to economic collapse

  • For months, protesters have called for new leadership as Sri Lanka descends into a devastating economic crisis.
  • The president resigned on July 14 but was replaced by a former prime minister who put down the protests.
  • As activists regroup and the nation seeks an international bailout, daily life remains a struggle amid shortages of food, fuel and medicine.

When Sri Lanka the president resigned just days after protesters invaded his palace, some swimming merrily in his poolit was a victory after months of protest against the country’s economic crisis.

But that feeling was short-lived, engineer-turned-activist Nuzly Hameem told USA TODAY.

Soon the parliament elected the unpopular former prime minister Ranil Wickremesinghewhich then declared a state of emergency and destroyed a protest site in Colombo, the national capital, using military force.

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