{"id":97827,"date":"2022-08-18T17:39:30","date_gmt":"2022-08-18T17:39:30","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=97827"},"modified":"2022-08-18T17:39:30","modified_gmt":"2022-08-18T17:39:30","slug":"three-news-items-on-sri-lankas-crisis-in-the-economist-by-michael-roberts","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/three-news-items-on-sri-lankas-crisis-in-the-economist-by-michael-roberts\/","title":{"rendered":"Three News Items on Sri Lanka\u2019s Crisis in The Economist-by Michael Roberts"},"content":{"rendered":"<h1 style=\"text-align: center;\"><span style=\"font-size: 24px; color: #000000;\">Three News Items on Sri Lanka\u2019s Crisis in The Economist-<span style=\"color: #008000;\">by Michael Roberts<\/span><\/span><\/h1>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-88731\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/03\/Michael-Roberts.jpg\" alt=\"Michael Roberts\" width=\"255\" height=\"293\" \/><\/p>\n<p><strong><span style=\"font-size: 16px; color: #800080;\">Source:<\/span><\/strong><span style=\"color: #000000;\"><a style=\"color: #000000; font-size: 16px;\" href=\"https:\/\/thuppahis.com\/2022\/08\/18\/three-news-items-on-sri-lankas-crisis-in-the-economist\/\" target=\"_blank\" rel=\"noopener noreferrer\">Thuppahis<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\"><strong>ONE =\u00a0From The ECONOMIST magazine,\u00a0Summer Issue, 30 July \u2013 12th August \u2026 &amp; the Mid-August Issue\u00a0<em>The Economist<\/em><\/strong><\/span><\/p>\n<div class=\"css-1jx1v8p e15vdjh42\">\n<p class=\"article__body-text article__body-text--dropcap\" style=\"text-align: justify;\" data-caps=\"initial\"><span style=\"font-size: 16px; color: #000000;\">O<small>n the evening<\/small>\u00a0of July 21st, a relaxed mood prevailed in Sri Lanka\u2019s presidential secretariat on the seafront of Colombo, the capital. A handful of protesters milled about in the entrance hall, which they had occupied on July 9th and turned into a library full of donated books. They said they were planning to return the premises to the state the following day, having succeeded in\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.economist.com\/asia\/2022\/07\/13\/sri-lankas-president-flees-leaving-the-country-in-chaos\" data-analytics=\"in_body:link_1:para_1\">driving from office<\/a>\u00a0Gotabaya Rajapaksa, the disgraced former president.<\/span><\/p>\n<p style=\"text-align: justify;\" data-caps=\"initial\"><span style=\"font-size: 16px; color: #000000;\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-97828\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/08\/Sri-Lankas-Crisis-600x336.jpg\" alt=\"Sri Lanka\u2019s Crisis\" width=\"600\" height=\"336\" \/><\/span><\/p>\n<div class=\"css-1jx1v8p e15vdjh42\" style=\"text-align: justify;\">\n<p class=\"article__body-text\"><span style=\"font-size: 16px; color: #000000;\">The new government had other ideas. Not long after, in the early hours of July 22nd, soldiers and police in riot gear evicted the remaining protesters from the building, tore down their tents outside and put up metal barricades. They arrested several protesters and injured a handful badly enough to send them to hospital.<\/span><\/p>\n<p><!--more--><br \/>\n<span style=\"font-size: 16px; color: #000000;\">\u00a0<strong><em>.\u2026\u2026\u2026. visit web site \u2013pay monies and see rest !@!#!!<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\"><strong>TWO:<\/strong><strong>From The ECONOMIST magazine, Summer Issue, 30 July \u2013 12th August \u2026 &amp; the Mid-August Issue \u2013<em>\u00a0entitled\u00a0\u201d The hard road back\u201d<\/em><\/strong><\/span><\/p>\n<div class=\"css-1jx1v8p e15vdjh42\">\n<p class=\"article__body-text article__body-text--dropcap\" data-caps=\"initial\"><span style=\"font-size: 16px; color: #000000;\">\u00a0For monthe, Gotabaya Rajapaksa the former president of Sri Lanka, was told that the economy was in free fall. The covid-19 pandemic hit tourism hard and, just as visitors began to return, Russia\u2019s war in Ukraine pushed up fuel and food prices. But external shocks were only part of the problem. The main cause of Sri Lanka\u2019s misery, and the reason protesters stormed the presidential palace on July 9th, was mismanagement. Errors by Mr Rajapaksa and his brothers, who treated the government like a family business, caused inflation to spiral, the currency to collapse and foreign reserves to evaporate.<\/span><\/p>\n<p data-caps=\"initial\"><span style=\"font-size: 16px; color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist.jpg?ssl=1\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-65058 jetpack-lazy-image jetpack-lazy-image--handled\" src=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist-300x169.jpg?resize=300%2C169&amp;ssl=1\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" srcset=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist.jpg?w=1096&amp;ssl=1 1096w\" alt=\"\" width=\"300\" height=\"169\" data-attachment-id=\"65058\" data-permalink=\"https:\/\/thuppahis.com\/2022\/08\/18\/three-news-items-on-sri-lankas-crisis-in-the-economist\/ranil-w-in-the-economist\/\" data-orig-file=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist.jpg?fit=1096%2C616&amp;ssl=1\" data-orig-size=\"1096,616\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"RANIL W in The economist\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist.jpg?fit=300%2C169&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/RANIL-W-in-The-economist.jpg?fit=500%2C281&amp;ssl=1\" data-recalc-dims=\"1\" data-lazy-loaded=\"1\" \/><\/a><\/span><\/p>\n<p class=\"article__body-text\"><span style=\"font-size: 16px; color: #000000;\">Enter Ranil Wickremesinghe, who took over as president on July 21st, a week after Mr Rajapaksa fled the country. The burden of guiding Sri Lanka out of its worst-ever economic crisis now falls on him. Protesters remain in the streets. Anger over power cuts and shortages of food, fuel and medicine is unabated. Yet somehow Mr Wickremesinghe must persuade his people to endure more pain, because the reforms needed to turn\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.economist.com\/asia\/2022\/07\/28\/what-it-will-take-to-fix-sri-lankas-economy\" data-tegid=\"ut486u6ptttq27pgcs3jr5d1h0ovkp0g\" data-analytics=\"in_body:link_1:para_2\">Sri Lanka<\/a>\u00a0round will involve further sacrifice.<\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">\u2026\u2026\u00a0<strong><em>\u2026\u2026\u2026. visit web site \u2013pay monies and see rest !@!#!!<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\"><strong>THREE: The Economist, August 17th Issue<\/strong><\/span><\/p>\n<\/div>\n<\/div>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?ssl=1\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-large wp-image-65060 jetpack-lazy-image jetpack-lazy-image--handled\" src=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?resize=500%2C281&amp;ssl=1\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" srcset=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?w=1096&amp;ssl=1 1096w\" alt=\"\" width=\"500\" height=\"281\" data-attachment-id=\"65060\" data-permalink=\"https:\/\/thuppahis.com\/2022\/08\/18\/three-news-items-on-sri-lankas-crisis-in-the-economist\/20220820_asp502\/\" data-orig-file=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?fit=1096%2C616&amp;ssl=1\" data-orig-size=\"1096,616\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"20220820_ASP502\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?fit=300%2C169&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/thuppahis.com\/wp-content\/uploads\/2022\/08\/20220820_ASP502.jpg?fit=500%2C281&amp;ssl=1\" data-recalc-dims=\"1\" data-lazy-loaded=\"1\" \/><\/a><\/span><\/p>\n<div class=\"css-1jx1v8p e15vdjh42\" style=\"text-align: justify;\">\n<p class=\"article__body-text article__body-text--dropcap\" data-caps=\"initial\"><span style=\"font-size: 16px; color: #000000;\">T<small>HE JOURNEY\u00a0<\/small>from Bandaranaike Airport, Sri Lanka\u2019s main international hub, to Colombo, its capital and biggest city, has been a smooth one ever since a new elevated highway was opened nearly a decade ago. But once in the city, warns the latest edition of a popular guidebook, \u201cstreets remain as congested as ever during the day so add plenty of time\u201d.<\/span><\/p>\n<p class=\"article__body-text\"><span style=\"font-size: 16px; color: #000000;\">Not in July. Gone were the traffic snarls and gridlock. Instead, it was at the edges of the roads that vehicles gathered, as though an automotive Moses had parted the great mass of cars and auto-rickshaws. Those were queues for fuel, extending as far as the eyes could see.<\/span><\/p>\n<\/div>\n<p style=\"text-align: justify;\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Three News Items on Sri Lanka\u2019s Crisis in The Economist-by Michael Roberts Source:Thuppahis ONE =\u00a0From The ECONOMIST magazine,\u00a0Summer Issue, 30 July \u2013 12th August \u2026 &amp; the Mid-August Issue\u00a0The Economist On the evening\u00a0of July 21st, a relaxed mood prevailed in Sri Lanka\u2019s presidential secretariat on the seafront of Colombo, the capital. A handful of protesters [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":97828,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[42710],"tags":[7465,4743],"class_list":{"0":"post-97827","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-michael-roberts","8":"tag-gotabaya-rajapaksa","9":"tag-ranil-wickremesinghe","10":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Three News Items on Sri Lanka\u2019s Crisis in The Economist-by Michael Roberts<\/title>\n<meta name=\"description\" content=\"On the evening\u00a0of July 21st, a relaxed mood prevailed in Sri Lanka\u2019s presidential secretariat on the seafront of Colombo\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, 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