Page 758 - Food Program News Today

The Sri Lankan government owes USD 51 billion and is unable to make interest payments on its loans, let alone put a dent in the amount borrowed.

This blog file is now closed. For the latest developments, head over here.The Russian invasion of Ukraine that began on Feb. 24 continues, with casual

The solution to the current food crisis is small and local, including growing food locally. But how to fund local food co-ops without pricey loans from big banks? "Deglobalizing" and "dedollarizing" have been much in the news. Reducing dependence...

Their wish for lasting peace must be heard and granted.

"Its been more than one year since the government brought us food items,"

Sri Lanka's prime minister said late last month that the island nation's debt-laden economy had "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 from the International Monetary Fund.

Sri Lanka’s departing prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel

Sri Lankas prime minister said late last month that the island nations debt-laden economy had “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 from the International Monetary Fund.

COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister said late last month that the island nation’s debt-laden economy had “collapsed” as it runs out of money to pay for food and fuel.

President Rajapaksas whereabouts remain a mystery after his resignation as protesters stormed his mansion and forced him to flee.