Business

Sri Lanka debt default has begun, says rating agency

Sri Lanka is about to default on its debts, two of the world's largest credit rating agencies have warned. Fitch Ratings lowered its assessment of...

‘Flooding meant I could only reach my home by boat’

When the village of Datchet in the Thames Valley was hit by flooding, the only way Susan Young could reach her new home was...

Sri Lanka warns it will default on its foreign debt amid crisis

Sri Lanka has said it will temporarily default on its foreign debts amid its worst economic crisis in over 70 years. Officials said the impact...

Why are Sri Lankans protesting in the streets?

In recent days, thousands of Sri Lankans have taken to the streets to demand the resignation of President Gotabaya Rajapaksa. The island nation is facing its worst...

Firms struggle amid Sri Lanka’s economic crisis

It is a daily struggle for Ranjith Koralage, the boss of a Sri Lankan clothing manufacturer, to find enough diesel to run his company's...

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