Economic crisis | Euronews

English

Sri Lanka

Sri Lanka waits in confusion, anger for president to resign

President Gotabaya Rajapaksa fled to the Maldives on Wednesday, hours before he was supposed to resign, leaving the prime minister as acting president. The island nation is battling severe shortages of food and fuel, with many blaming Rajapaksa for the economic crisis.

Sri Lanka

Sri Lanka: Crowds demand PM's resignation, hours after president flees

President Gotabaya Rajapaksa of Sri Lanka fled the country early Wednesday morning, hours before he was due to step down. Now protesters are turning their anger on the prime minister.

No Comment

Sri Lanka political chaos persists as talks go on

Hundreds of Sri Lankans continued to flock to the Sri Lankan presidential palace, marveling at the paintings inside and lounging on the beds piled high with pillows.

Sri Lanka

Sri Lankan protestors dive into presidential pool

Demonstrators who ousted Sri Lanka's president from his palace in Colombo on Saturday say they will not leave until he resigns.

ADVERTISEMENT

Sri Lanka

Sri Lanka protesters vow to stay in president's home until he quits

President Gotabaya Rajapaksa has said he will stand down on Wednesday but demonstrators say they are determined not to leave his residence until that happens.

Sri Lanka

Sri Lanka opposition aims for power after protests force leaders out

The president and prime minister agreed to step down after protesters stormed both leaders' residences on Saturday over the country's economic chaos.

No Comment

Protesters storm residence of Sri Lanka president

Sri Lankan protesters demanding President Gotabaya Rajapaksa resign forced their way into his official residence and nearby office on Saturday, local media reported.

Euronews Witness

Inside Lisbon's housing crisis

Prohibitive property prices, spiralling rents, speculation and evictions. Lisbon once again finds itself in the midst of a housing crisis. Euronews' Julian Gomez investigates what it means for residents and asks what the authorities are doing to combat it.

Germany

Food bank demand rising in Germany amid record-high inflation

"Sometimes when I get home after going to the supermarket, I almost start crying, because I can't buy anything anymore."

Russia

Putin slams 'reckless, insane' sanctions and denies stoking inflation

The Russian president says his country is 'not responsible for global inflation', and the war in Ukraine gives the West an excuse to blame all its problems on Russia.

No Comment

Argentines march for jobs, food, amid rampant inflation

Thousands of Argentines march for jobs, food, and more social aid as rampant inflation, 6.7 percent for the month of March.

No Comment

Sri Lanka: Protesters joined by priests and nuns

Sri Lanka's Archbishop Malcolm Ranjith is leading around 700 priests and nuns in a protest against the government's handling of the economic crisis.

Culture news

How Turkey's alcohol and cigarette tax is devastating cultural life

All alcohol and tobacco products in Turkey became up to 30 per cent more expensive overnight on January 1. How is this drastic increase is discouraging people from dining and drinking out?

No Comment

Solomon Islands Tension

Three bodies were found in a burnt out building in Honiara amid this week's violence in the capital of the Solomon Islands,

World News

Calm returns to Solomon Islands after deadly protests and riots

Police found three bodies and arrested more than 100 people in three days of unrest, sparked by concerns about the nation's increasing links with China.

No Comment

Beirut in the dark as power plants run out of fuel

Lebanon's two main power plants were forced to shut down after running out of fuel plunging the country into darkness on Saturday. Lebanon is grappling with a crippling energy crisis made worse by its dependency on fuel imports.

World

"Today there are vaccines that are not getting to the poorest countries"

In this edition of The Global Conversation, Euronews' Méabh Mc Mahon speaks to the World Banks' Managing Director, Axel van Trotsenburg.

No Comment

Afghans struggle to survive as Taliban face challenges

Since the Taliban stormed to power in mid-August, Afghans say job opportunities have dried up and they are only allowed to withdraw $200 per week from their bank accounts, meaning cash is in short supply.

Afghanistan

Qatar sends highest-ranking delegation to Kabul since Taliban return

Qatar's foreign minister was in Kabul on Sunday, becoming the first high-ranking government official to meet the interim Taliban government in Afghanistan.

Money

Cuba to authorise and regulate the use of cryptos for payments

The decision to regulate cryptocurrencies in Cuba comes as El Salvador makes history when its Bitcoin law comes into effect on September 7.