News Snapshot:
Last Updated: July 23, 2022, 08:00 IST Colombo Mahinda Rajapaksa and President Gotabaya Rajapaksa during the former's oath-taking ceremony in 2020. (File photo: Reuters) In the last 16 years, Sri Lanka has taken loans worth $40 billion and almost a fourth of it is from China CIA chief Bill Burns has rightly defined the reason behind Sri Lanka’s current economic crisis. Burns says Sri Lanka made dumb bets on China, and when we see Sri Lanka’s financial past, we find his statement has elements of gravity. In fact, China was not alone. It was the Rajapaksa-China combined push that forced...