News Snapshot:
Sri Lanka will have to endure its unprecedented economic hardships for at least two more years, the country’s finance minister said on Wednesday while warning of an imminent cash crunch. Months of blackouts and acute shortages of food, fuel and pharmaceuticals have brought widespread suffering across the South Asian island nation. Public anger has sparked sustained protests demanding the government resign over its mismanagement of the economic crisis, Sri Lanka’s worst since independence in 1948. “People should know the truth. I don’t know if people realise the gravity of the situation,” Finance Minister Ali Sabry told parliament. “We won’t be...
