Sri Lanka Crisis Flashes Warning for Other Indebted Economies

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Sri Lanka Crisis Flashes Warning for Other Indebted Economies
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Protests in Sri Lanka, which forced out the president and prime minister, signal tough choices ahead for other countries with high debt and shortages of food and energy

Protests forced out president and prime minister and signal tough choices ahead for other countries with high debt and shortages of food and energyChamila Karunarathne/ EPA-EFE via Shutterstockprotesters continued to occupy the president’s residenceThe president hasn’t yet directly addressed an

announcement by the speaker of the parliament that Mr. Rajapaksa would resign on Wednesday. His only communication since massive protests overran his official residence was a statement from his office ordering officials to expedite the distribution of a shipment of natural gas due to arrive Sunday.

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