Tag: economic crisis
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THE END OF THE RAJAPAKSAS
For months, protestors have been chanting ‘Go Home’ at Sri Lanka’s powerful political family, the Rajapaksas. It has been 20 years since the Rajapaksa family dominated Sri Lanka’s politics. Mahinda Rajapaksa, the former Prime Minister of Sri Lanka, and his brother Gotabaya Rajapaksa, the President of Sri Lanka, under them, the Rajapaksa family controlled nine…
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Understanding The Economic crisis of Sri Lanka- The Way Ahead
Sri Lanka, a beautiful island country surrounded by the Indian ocean, Palk Strait, Gulf of Mannar lying in the vicinity of India and Maldives, is facing an acute economic crisis. A country known for its beautiful beaches, mountains, scenic beauty, tea, and warm smiles is grappled with a financial emergency. The acuteness of the situation…
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Brazil and Venezuela: Economic Crisis and its spiralling effects.
Brazil, the world’s 5th largest country in area and 6th largest in population, recorded over 6,00,000 Covid-19 deaths, just behind the United States and Russia in terms of the death toll. The United Nations High Commission on Refugees (UNHCR) and the International Organization on Migrants (IOM) have jointly appealed for $1.79 billion to support the…