EXPLAINER: Why Sri Lanka’s economy collapsed and what’s next

EXPLAINER: Why Sri Lanka’s economy collapsed and what’s next

COLOMBO, Sri Lanka (AP) – Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed”. as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighboring India and China and … Read more