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tv   DW News Asia  Deutsche Welle  April 19, 2022 3:30pm-3:46pm CEST

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[000:00:00;00] with because no one should have to flee make up your own mind. d. w. made for mines a did of the news. asia coming up to date to lancaster rulers faced the heat over the countries economic crisis protested the de bonding. the president stepped down, but he sticking to his guns. how much of the crisis is this government's fault? and how is it affecting? she lumpkins. we report from the country plus the beer that's flat out of favor in me and my because if it's linked to the military.
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ah, i british manager, welcome to the dublin news. a shared ledger could join us in the past 24 hours for lunch. i've experienced a massive hike and fuel prices seen a new cabinets on in and her promises of constitutional reform. the catalyst for all this, the countries was over economic crisis since independence in 1948, a crisis that's left a true lung consort of medicines, fuel electricity, and above all food. the country is running out of foreign exchange to pay for these essential imports. the blame for most of this is falling on economic mismanagement by the government of president of buckshot. he's resisted goals to resign, and on monday he appointed a new cabinet. this is what he told them. i don't want to tell us how much i
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believe that is we should have gone to the international monetary fund much earlier, mama, we swastikas if our game am not providing agro chemicals to farmers, alabama is also a mistake. i mean, we will now get fertilizer to our farmers once again a be of an ever people are suffering because of the economic crisis. we ought to be god and i deeply regret it and get laura now that reference to farming just one of a series of miss steps. but the president's administration did have a corresponded manila. told that it wasn't true lanka to get a sense of the other government measures that prompted this country wide crisis ha, facing acute economic distress and the rock of its people. missy lincoln. government finds itself in it. thus, the country has built up excessive debt and has run out of the money needed to for
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white people with essential commodities. but how did such a situation come about? economist donation digney, roger says the government's policies did not yield the growth they hoped for. over the past few years, she lanka has borrowed heavily for investing in infrastructure development such as port roads, railways, and other types of projects. this projects have been relatively low return and has imposed in a cost on the country. big new roger asked that the band to make and russia warn you cream. how wasn't the blog, but the point is he missteps by the current government? what really pushed sheila got over the edge. he says, the biggest mistake was the far reaching that's got implemented in 2019 depriving the government budget of sizable revenue. he also points to the ill fated attempt to rapidly switch from chemical to organic fertilizers. this had
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a negative impact on food production. and also productivity, which fell in agriculture and is partly responsible for the present food shortages that we have. ordinarily, she london are the ones suffering now. soaring food prices and then be power goods . and i will spend queuing a few stations sometimes are dawning empty handed. are adding to the restoration the health care system is also under pressure here by supply shortages and substantial price hikes for medicines. but economists figure roger says he cautiously optimistic the situation can improve the right step, taken at the right time, restructuring sheila of debt to proper negotiations, cutting expenditure, and long term structural reforms to attract more foreign trade and investment. he says the measures are crucial to reassure the disappointed youth of the house. there is
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a massive q outside the passport office if she'll unconstrained to get passports. all the foreign embassies are inundated by people wanting to my great. this will be a tragic for sri lanka if we have our youthful population not willing to be in this country and contribute to its future. neurologist says times me get tougher before getting better. that's my. for now, young she lumpkins are taking to the streets as far as to i can see demanding change and hope for the future. and this is what many of those in the streets have to say about the crisis that's hitting the country. i support the cause in arkansas voting on it because if you did something to do it blah blah, blah kid filter, it was open a bigger light because we are really back what i'm coming here to overcome to from this corruption. well,
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it came here to show my support for the people who are doing the brother and also i believe that we need to do well like to stop this. got up. last year it will be suffering from corona this year. we are covering for economic crisis. now for oil is not, is one is not there. dollar is not a problem for no law, right? isn't got it. and don't, i mean our for more is a month her he's a researcher at australia seek university in melbourne. i'm on file a 64 percent hike and diesel price is a shortage of food, essential items. what are people back home telling you? what is daily life like for sure long comes now. so if i look to capture the life in one image yesterday and i the sri lankan government,
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relaxed face mask loss. now he said that people could now stop grabbing face mart unless they're traveling in public transport. and in those settings, as soon as that message came out, doctors and other started putting out messages on social media saying they were besieging, they were saying, please do not stop grabbing your for your smart because you only get sick and we have run out of medicine that is how they started the situation back home is that people are waiting for magazine. people are waiting in queue for fuel the price of brake, the price of a loaf of bread went out by 30 percent or night. so these cues are getting longer. these prices are getting higher and there is no indication that the situation to be will be reversed any time soon. and we're also seeing these near continuous protests against the government,
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demanding that the president stepped on. although he still sticking to his guns and the government of people relieve well from what you see since the protest started in earnest in april, the government has been trying to predict or to sure that they're doing something. but you, when you look at what's happening on the ground, the relief is not coming through to the people. the rises are not going down. the cues are not getting shorter and they proceed, he's got it. so the short answer to that is that the government has been unable to deliver any kind of relief to the people when the government fall among well, the way this redundant constitution is, is really difficult to get rid of
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a sitting president. the president either has to resign or there is an impeachment process, which is quite complicated. so right now, the government can remain in trench as long as the presidency is there, but it will be and for all purposes, ease of hamstrung government, it has been inactive cabinetry, shuffles from the 1st of april. there is no relief. ah, so the government can stay on, but it's going to be this be tough. but if you go and that is going to happen on the streets and people are just going to be coming on to the streets, deal day, some relief or briefly on. so if you can monitor to do your service crisis, changing sri lanka has already changed and got the ways sri lankan
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thought of the government. the ways are making allowances for their government in the past. it's all history now from now long. what 3 i'm going to have shown is that they will hold government accountable. and if that i, one ones don't deliver, they will make sure that you force governments to deliver that time up. but additions being treated as say, my god is gone, finished. unfortunate circumstances are among for thank you so much for joining us today. the to me and my next where citizen, the struggle to return to democratic rule may not be making international headlines . but it's certainly very much alive. it's visible in people's attempts to buy card businesses owned by the military, the haunt, our own hundreds of enterprises involved in everything, from telecoms to oil and gas, even beer. and it's, yeah that me and most people are taking a stand, one pint at
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a time. a cool draft beer in 1900 street bar, is a popular way to unwind and young guns bustling downtown. what beer you choose these days as a political statement, drinkers are turning their back on me in mar beer. once the most popular broo in the country, because of it's linked to the armed forces, they're sipping big international brands instead. beneath walla walla, all the restaurants in 19th street used to sell me and mar beer. but now i don't see any. yeah, they moved tiger to borg and other brands have replaced, it won't, don't align highly, will do me and mar, beer was backed by the japanese brewing giant kiran and seen as the sign of the economic liberalization. washing into the southeast asian country after the military relaxed its iron grip on power in 2011, it dominated the market, but brands without government links around the rise, even though it anyhow. oh fanny,
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we know other beer browns are paying tax to the military. but we don't want all of our money going to them. we avoid as a mom. it is only me and mar beer in the restaurant, and we don't drink beer. i don't want all the, i got an intangible adult olga olga latavia, although natalie that i'll go many restaurants don't sell the military's me and mar beer. and people tend not to choose me and mar beer any more lawyer who wealthy general dod almonza is dead. we have to choose other brands on it like tiger machine, but though they're below the blade, m, avi, although there is widespread public anger at the military's crackdown on descent, which a local monitoring group says has killed more than 1700 people. this is led to attacks on bars, still serving the beer and delivery trucks carrying the beer have been stopped and their cargo destroyed the boycott spreading to include other items with military links, including coffee and beauty,
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products me and mars consumers hoped to fight the hunter by putting a squeeze on the economy and that's it for today. be sure to check out the other stories on did up with dot com. forward slash is sure. on facebook and twitter for back again at the same time tomorrow, we'll see you then for back with guardians of truth exiled turkish journalist john, don't darn. i have paid almost every price of being a journalist in a country like lucy and mexican investigative journalist, unavailable man, this is all you. every day the government is involved.
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she's digging the country soil to find out the truth. they want to kill me and they try many times facing with a gun can change your life, wants to know what is happening, their guardian, the truth starts may 3rd on d, w ah, the world banks flashes, it's forecast for economic growth. well, at the top economist warrens, it may have to cut its projections again as the global economy faces exceptional uncertainty and that the war and ukraine also coming up or look at how lithuania became independent of russian gas and ask an expert if the rest of the block could follow in the baltic nations footsteps and retake you to florida key west,
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a tropical paradise that has had enough of cruise ship for the shopping laney and berlin. welcome to the show. the brutal effects of russia's invasion of ukraine are devastating the global economy. the world bank is flashing it's global growth forecast for 2022. by nearly a full percentage point. world bank chief economist, carmen reinhardt warner, the downgraded production of 3.2 percent growth could end up being too optimistic amid quote, exceptional uncertainty for the global economy. global find the financial leaders are in washington this week for joint meetings of the international monetary fund. and world bank food insecurity, skyrocketing inflation, and the rising risks of debt crises, and poor countries will top the agenda. now, russia's worn ukraine is the main reason for the worsening economic outlook from the world bank. it expects ukraine's economy to contract a stunning 45 percent this year. russia,

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