sri lanka has never defaulted on external loans.ght start a spiral of difficulties, gaining credit in internatational markets. it might lead to difficulties with financial transactions. the question is also why did it come about at this point? the government had plenty of time over the last two to shore up its foreign reserves. last year, it had its highest imports, $41 billion, so rather than saving some of that for a situation like this, they continue to spend. the other question that sri lanka is going from negotiations with imf next week, why did we have to default just one week ahead of going into negotiations with the imf? does that reduce the bargaining power sri lanka has? so a lot of questions, and a lot about this process, as well as the implications. they claimed that with the imf support, they can repay these loans, but if they are unable to reach an agreement, and what will be the consequences for the people? austerity? anchor: right. important points. important points. let me bring in someone else. if this imf program

america sac when a nathan human rights advocate and formerly with the human rights commission of sri lanka. thanks for joining the program. i'm occur what's happening and she lanka has been a long time coming. i want to start with the economy. tell us a bit more about how the country ended up, where it is today. yes, as you would have seen right now facing a hard exchange, prices are due to which we also are facing shortage of fuel gas. which is effecting even the large industrial, small and medium industries. and just generally economic activity, we are unable to meet all the payments, which means that we can eat it all, which then i, i think it's worse that even in general conflict. and this has been a long time coming because it is hard to can only try and political prices and the normal price is brought on by years old. mismanagement also with this particular government, despite the fact that it was advice to go to the national monetary fund by many experts, refused to do that. and that i think was also part of their campaign slogans. and they can be coming to power, which is not, you

economic armageddon in sri lanka. >> no matter who is in power, sri lanka needs to make difficult choicesevenue. how can that be done? increases in tax, for instance? >> well, right at the beginning of any presentation that i make, i always tell the 22 million people of our country that we all have to swallow a bitter pill or even several pills because the consequences of irrationality throughout the past years have come home to roost. now we have to face the music. economic restructuring and everything else will have costs and benefits. we have to understand that. but we have to move forward. we cannot look back. we have to move forward. we have to take a step forward but it's going to be a time of extreme austerity and people of sri lanka must comprehend this reality. but if we take these bold steps we can overcome all the challenges, all the obstacles that we face. we have to ensure that we have sound economic management. we have to have higher rankings so that we have access to the international capital markets to obtain refinancing loans to alter the -- and then we have use our scant

ah, ah, you're watching t w news. asia coming up today, sri lanka is falling apart both economically and politically. it's a crisis years in the making. we look at how the country ended up in the current situation and the way ford plus for many indian students who fled ukraine and are now safely back home after their long journeys. uncertainty remains. we explain why i i melissa chant, thanks for joining us, sri lanka is facing it's most serious economic and political crisis in decades with protests on the streets and officials resigning and being replaced so quickly. we're not sure how long the next finance minister will stick around, because the new appointee lasted just a day. people are struggling to get the basics from food to fuel. some observers say the poorest may soon faced starvation. years of government mismanagement and corruption compounded by the pandemic, has led to this tragedy. troops patrol the streets outside the parliament and colombo looked down after unprecedented street demonstrations against sri lanka, president. go to buy a roger puck so once, while he popula

again, sri lanka, president, go to buy a roger pucks up. once wildly popular is approval ratings have been undermined by people's anger at ramp and inflation as well as food fuel and medicine shortages. the cupboard panoramic destroy tree like as tourism industry, leading to a lack of foreign exchange for imports. lightning, but again the about it, but again i started a small business recently allow me like it, but it's very difficult to maintain a shadow. there's no gas, there's no kerosene in and that's why people are protesting in the street pump that i need to file of ala good. it is that the abbey is the road. people are suffering a lot. they reached the end of their patience. one can't say how the people will behave, what decision they'll take in ever go to buy a roger packs or is backed by sri lanka is powerful sin holla, buddhist majority who credit him would ending the 26 year long civil war in 2009 the protest threaten one of the most powerful asian political dynasties might in 2020 my hinder roger pox r. one elections to become s

— of protest in sri lanka? well, i think it is _ of protest in sri lanka?anka? well, i i think it is pretty unprecedented. there have been protests slowly building all over the country but potentially in columbo and increasingly in upscale middle—class professional areas where people are just completed fed up with a complete collapse of the economy but also the complete collapse of governance. but i think what is the tikki striking about the protest last night is that they were at gotabaya rajapaksa's private gota baya rajapa ksa's private residence, gotabaya rajapaksa's private residence, the president, filled with angry chance asking him to go, demanding he and his family leave the country. months ago, people were terrified of gotabaya, his reputation as the ruthless commander in the military, his connections with brutal counterinsurgency campaigns, and his repression of dissent, all that has meant that until recently people have been often too scared to call out and challenge him publicly, do so to have crowds of people chanting his name and demanding he

already in a critical condition, sri lanka's now heading towards a medical emergency.e of this island nation becoming ever more fragile. at the largest children's hospital in the country, we meet a doctor who manages resources. these are difficult times. these surgeries, we need very specific things. sri lanka imports most of its medical supplies — a lack of foreign currency to buy them to blame for the shortages. stretched to the limit, operations continue at this hospital. others have already stopped some procedures. we don't know what would happen if the dollars don't bring these things to the country. we might end up in a very difficult situation. this is a very stressful period. health official officials at this hospital agreed to speak to us but i have spoken to many doctors across sri lanka, who say that the government says they are not allowed to speak out in an individual capacity, but they tell me that they are worried that their hospitals are running low or running out of essential medicines and that if something isn't done soon, sri lanka will face a medica

what is the significance of this new panel in sri lanka? is it is made of fiscal experts and economists. the idea is it will bridge the two. sri lanka has a crisis going on, but our colleagues are reporting that the team might come together and come up with ways to combat restructuring, but of course, the economic backdrop is very difficult. we know the ruby is sliding -- the rupee is sliding, and sri lanka is facing repayment of 8.6 billion u.s. dollars' worth of debt. there is a lot riding on this panel. you would have to say this would have to be sorted first and perhaps a deal would follow after that. haslinda: what are we expecting? >> a new governor, i think his task for today is pretty straightforward. it will be a rate hike, and economists are expecting a full percentage point, and it probably be more before october. you mentioned earlier, the central bank is facing the pet -- the fastest pace of inflation . food prices are spiraling. there is, of course, the issue with foreign reserves declining and the rupee getting hammered the w

you are there on the round, sri lanka. you are there on the ground. how — sri lanka. there on the ground, how bad is _ sri lanka. you are there on the ground, how bad is the - sri lanka. you are there on the l ground, how bad is the economic situation for ordinary people? there are shortages, because the government has been unable to import essentials like food, fuel and medicines, there are shortages on the ground and that's intensive mind by the day. because of the shortages prices are being hiked, just yesterday state run oil companies hiked prices for auto diesel by 50%, not the first time prices have gone up, and the last four months, four or five times instances of oil companies raising prices and thatis companies raising prices and that is pinching people. prices of bread were raised yesterday ijy of bread were raised yesterday by 50% because flower prices have gone up, all the other essentials have seen a price rise, inflation around 17 inflation and 20% in the last few weeks and that is pinching household budgets and sri lanka. the issues, the shortages are m

sri lanka imports most of its medical supplies.to blame for the shortages. sri lanka imports most of its medical supplies. a lack of foreign currency to buy sri lanka imports most of its medical supplies. others have already stopped some procedures. we don't know what would happen if the dollars don't bring these things to the country. we might end up in a very difficult situation. this is a very stressful period. health official officials at this hospital agreed to speak to us, but i have spoken to many doctors across sri lanka who say that the government says they are not allowed to speak out in an individual capacity, but they tell me that they are worried that their hospitals are running low or running out of essential medicines, and that if something isn't done soon, sri lanka will face a medical catastrophe. with few doctors willing to speak publicly about the shortages, some have taken part in silent protests. while hundreds of medical students stormed the health ministry, joining anti—government protests against food and fu

in sri lanka, the medical world feels —— in sri lanka, the medical world fears a catastrophe, as doctorsand equipment. the country is enduring its worst economic crisis in living memory — a shortage of foreign exchange means it cannot import much—needed medicines. the crisis has been blamed on government mismanagement and the pandemic. with sri lanka due to start talks with the international monetary fund this week, rajini vaidyanathan reports now from colombo. already in a critical condition, sri lanka's now heading towards a medical emergency. doctors are running out of life—saving drugs. the future of this island nation becoming ever more fragile. at the largest children's hospital in the country, we meet a doctor who manages resources. these are difficult times. these surgeries, we need very specific things. sri lanka imports most of its medical supplies. a lack of foreign currency to buy them to blame for the shortages. stretched to the limit, operations continue at this hospital. others have already stopped some procedures. we don't know what would happen if the dollars don't bring

a bit like sri lanka.had to get their own ducks in a row before they start talking to those external creditors with the kind of credibility needed to present them with a restructuring plan. both of them are at the start of what will be a long and complicated road back. >> i think everyone came to sri lanka and it is still early days when it comes to these talks. they are still looking at april 18. when they can't make these payments, the default is imminent. we have the latest on south asia speaking of sri lanka. a big interview coming up. you don't want to miss this one. we are joined exclusively by sri lanka's new finance minister as the country looks to avert an economic crisis. this is bloomberg. ♪ >> welcome back. let's talk about honda. the company is producing 2 million ev's over the next two years. it looks to be carbon neutral by 2050. >> we announced our goal to achieve complete carbon neutrality. we set up step-by-step targets in 2030 respectively. as part of those plans, we aim to produce more

emergency humanitarian assistance to sri lanka to sri lanka to help people overcome current difficultiesdit line for fuel imports. large fuel supplies have been received this week. bangladesh is also willing to postpone a $400 million in the swapped repayments. but, that may not be enough in the short—term, and hence sri lanka officials are talking to countries for immediate loans. imf assistance may take about six months to arrive. shellac is seeking about $3 billion—$4 billion to pay forfood, fuel, medicine pay for food, fuel, medicine imports pay forfood, fuel, medicine imports as foreign reserves dry up. —— sri lanka. protest continued across the country, along with demonstrations to mark the third anniversary of the easter sunday bombings that killed 269 people. while the protesters want the president to step down, a political tug—of—war is going on between the president and parliament on who is best placed to lead the country out of this economic crisis. stay with us on bbc news, still to come: back in the groove. record stores rejoice as vinyl sales hit a 30—year high. stay with u

sri lanka was ahead of the rest of the world.d been struggling to make payments even last year, but at that time, the political and central-bank was adamant that it will not be vote. sri lanka has never defaulted, and the central bank said that we will never default in the fed. having said that, the pandemic, the war in ukraine, all of these global events and cost policies within sri lanka have pushed the nation. they're running out of money to pay for essential imports of fuel. an island nation with key essentials have any be shipped in. that is why sri lanka has taken this hard step and missed payments on foreign debt, and instead preserved those dollars to pay for food as citizens protest at home, back on the island. yvonne: foreign investors are trying to figure out how much they can salvage, but how do you see this playing out? we are still looking to talks with the imf. >> there are key steps that need to play out. in sri lanka, the government and the central bank is entirely new to the sensation after the cabinet to the pr

but this is not limited to sri lanka.n this in other parts of the world in terms of protesting in the streets. peru and latin america. and in the middle east and north africa, egypt for example depends on imports of wheat and food from ukraine and fertilizer from belarus and russia. a decade ago, the arab spring example. some pressures we are seeing now are in countries that experienced government change then. egypt, tunisia. so a lot of the same stories are repeating themselves a decade later in terms of discontent and upheaval. shery: the world bank says a new process of restructuring debt burdens is needed as concerns grow about how much they owe china. >> we can help with data. we can help with supply chains. we can provide trade finance which is important in moving around goods. we can encourage countries to find new sources and realize they need to move quickly in order to increase supply. and we can encourage the advanced economies to do everything they can to release excess stock and make more product. they have h

we will have more on sri lanka and its political crisis.k at what is going on with the program. we have j.p. morgan revealing its commodity exposure. we have the unprecedented nickel short squeeze that rocked to the sector. this is bloomberg. ♪ >> let's do a quick check of the latest business/headline. in a legal fight with qatar airways. the french playmaker is pushing the target of building six a month from early 22 -- early 2023 to the end of that year. airbus already slowed the protection by six. j.p. morgan says jamie dimon may stay on as chair of the board when he eventually stepped down as ceo. they may enable them is to serve as the nonexecutive chair. he has been the ceo since 2005. barclays is said to be i i move into the private credit market. plans are still in the early stages. they have not reached out to external investors. they don't have asset-management. any strategy would sit in the investment bank and would launch using the lender balance sheet. >> let's get the bloomberg school. j.p. morgan is reviewing its business aft

ah, sri lanka is facing the worst financial crisis in its history. the economic hardships have ignited a political crisis to as protesters take to the streets demanding the resignation of president golda by a roger boxer and his government barrage up oxide and members of his powerful political family are refusing to step down. people have been struggling to get the basics like food medicine and fuel. some observers say the poorest in society may soon faced our vacation. years of government mismanagement and corruption are at the heart of the current crisis. troops patrol the streets outside the parliament and colombo, locked down after unprecedented street demonstrations against sri lanka, president go to buy a roger boxer once, wildly popular. his approval ratings have been undermined by people's anger at ramp and inflation as well as food fuel and medicine shortages. the cupboard panoramic destroyed sri lanka, tourism industry, leading to a lack of foreign exchange for imports. let me get a what again the about it, but anger and i started a small b

if they don't get them soon, sri lanka will face a medical catastrophe.nd the cruise ship liners being challenged by residents of florida's idyllic key west over environmental harm and tourist overcrowding. ukraine's foreign minister says the city of mariupol doesn't exist any more after weeks of relentless bombardment by russian forces. dmytro kuleba said some ukrainian soldiers were continuing to hold out. but he said russia had chosen to raze the port to the ground. sean dilley reports. mariupol has not yet fallen, technically. ukrainian troops who had until recently defended the now occupied street are held up in the cities fast steelworks despite an ultimatum by president putin's sought forces to surrender no later than yesterday. troops know ukrainians are waiting inside ready to welcome them with guerrilla tactics in their last stand for the strategic port city. is the rockets continue to fall across the country are parallel information war rages. this unverified picture of the russian plexi plexi mocks father sank on thursday was posted online. uk

we're in sri lanka and a lot cues for fuel that are miles. so people have waited for the fuel for half a day or even longer. there's a gas gauge that ease power cuts. and this rises us piling because the, the rupees. thank you. so just to give you how much that will be as fallen in mid march. there will be was grading at $200.00 rubies, but dollar. today it was 2 to 330. so everything is going up. it people kind of food. so what this means is that there is no easy way out for the people and carry . so can you tell us more about president roger pac sat, who is he and what has he done or rather not done as liter. so president roger ponce, e's a larry curious case. he's the brother of us were young and president mind a large box and he's also a former army officer. but after serving in the army till somewhere up to the early $990.00, he just disappear. he leaves to the u. s. u migrate, and there's nothing really that we hear about. then he re emerges when his brother becomes the president in 2005. and he becomes a very powerful pause. and we've

the 1st time all of sri lanka has united against politics. this crisis has affected everybody stomach. so everyone is out on the street, irrespective of cost creed, really to annoy economic backgrounds. a shilling, concede, they want accountability, transparency, and a responsible government to control the unrest on the streets. a nation wide coffee and a state of emergency was imposed briefly, but that barely da da da. but after that you lankin prime minister. my hinder lodge bucks are, is now appealing to the people for peace and support being that the government is working round the clock to resolve the economic crisis. but it is obvious that the government has lost the trust of the public. economists, roland some energy, eva agrees that economic situation has been severely mismanaged by those in power. we are in excessive debt and it's very clear that in order to to be able to pick this debt, we have to bring in dollars. we. we cannot pay anymore debt, we need to seriously negotiate our people to whom we owe money and we have to get the e

sri lanka? i understand all the faults and failures of the government in mishandling the tax reforms in less handling the farming reforms and so on. but when you've done the same thing 16 times in given the countries 16 different loans and you expect a different outcome. doesn't that say something about your thinking as well? if you keep giving this money and getting the same outcome? well, i need to correct one thing i want mr. be there other than i said is i am not asking the anti central man to be said. i'm asking that the entire money to a board to be replaced with money to the board that can bring in confidence. because days a crisis of confidence and all markets will fail. markets will become inefficient. markets will freeze if there is no confidence in the rest us in sri lanka. so that's what i meant. but i want to go. busy back to your question off normally, but listen, i don't agree because over the last so many years someone did the as that and, and we started going to the i'm, if in 9

what is available to you in sri lanka? i'm gonna ask you john to have a listen to rodney and then share your experiences as well as what is available. how difficult is it to survive right now in sri lanka, his rascal festival. basic necessities already. scott, people standing alone in the days to get get here for cooking and who will unfortunately, many people have died standing in the hills. in addition to that, he shot the off maybe percentage rise loud. milk and sugar are not always available and the gas station have been several weeks now and i'll have members all around the country have been working relentlessly like these some of the essential goods. what i would like to add to what drives me said is that the prices have w w, sometimes food and people's income have not had people are losing jobs because of the downturn in the economy. now the major problem for the gone, i mean the problem the government is facing in terms of the, of the political thinking of people is that people think that government leaders have st

the family have been in politics for a long time in sri lanka.apaksas, who said they will never vote for them again. allegations of corruption are something that people talk about when you meet people at protests and they say that they want the rajapaksa family to resign. people also talk about economic mismanagement. and if we just boil that down, yes, many people say that this crisis was a product of the covid pandemic, like so many other economies around the world. that is one thing that really hit this island because of tourism. tourism really does drive much of the country's economy here. but there are other policy failures that people point to as well. for example, president rajapaksa brought in sweeping tax cuts when he came to power, and many analysts say that that actually wasn't a good idea when you have that with high spending as well. other people also talk about a policy of banning chemical fertiliser imports in the country. they wanted to have this big plan to make farming organic here in sri lanka but, in the end, it basically drov

she joins us now from the city of kandy in central sri lanka.nd i have to say it's very early in the morning there in the crew of three so thank you forjoining us at this time. i understand you usually are in singapore for work but you are in sri lanka on a family trip and you found yourself caught in all this will stop just talk us through what the situation is like right now for your family. well, yes, iwork right now for your family. well, yes, i work in singapore. i came to sri lanka for a vacation and this trip is after closer to two years, so what i saw is totally different country than i left in 2020 december. so, whati country than i left in 2020 december. so, what i saw was a huge queue awaiting me at the fuel stations to get fuel come along hours of power cuts and i knew that this has been going on for a long period of time. and but it was completely different to experience it first—hand than listening to it over the phone or seeing it on media calls. so, what i see is that it has completely disrupted the life of the general public, an

that is the political crisis, sri lanka is facing a i crisis, sri lanka is facing a political crisisministers resigned. several members of parliament subsequently said they would sit independently in parliament. so the question is whether the president and the prime minister has a majority in parliament. and in that we also have the opposition raising questions in terms of whether the government is in control, there was a no—confidence motion, there are calls for the abolition of the presidency, so you see a lot of movement in the last few weeks as well at the political level but at the end of the day, many are coming out onto the streets with onecall, that this government, the president, needs to go, they need to resign, so that is going to remain, regardless of what happens at a political level. as you said, so far the protests have been largely peaceful. are you worried that things may escalate? the protests _ things may escalate? the protests have _ things may escalate? the protests have been - things may escalate? tue: protests have been largely peaceful and we have been in the

there are ships carrying fuel coming into sri lanka. come into sri lanka in waters because they have not been paid. i understand fuel power cuts have been reduced. that is a sign of alleviation but there are still power cut so i think we need to move to the point where electricity is flowing 24 hours a day. paul: professor, thank you so much for joining us. still to come, china's lockdown concerns continue and shanghai ends there videogame freeze. this is bloomberg. ♪ paul: lots of news for traders to digest today as the markets open in china and hong kong. a lift on the freeze of videogame approvals. let's get to sophia. i want to start on the lockdowns. the u.s. talking about nonessential embassy staff leaving shanghai. what is the latest and how is this impacting markets? >> good morning. the lockdown is still uncertain if restrictions will be eased. cases are dropping in shanghai but it has been more than two weeks for some part of the city and any easing of restrictions might be localized rather than for the whole city. we are yet

sri lanka might not be on its own given the pressures. all the indications are that berlin will be under a lot of pressure. sri lanka may be a forebear of what is to come. >> thank you for that. now we will have from this political analyst and human rights fighter. economic crisis, political deadlock, what are the options out there? >> thank you for having me. i think your reporter spoke about some of the reality. we have not even decided that we have seen this kind of situation that is lacking. there is a lot of pressure in terms of political stability but also quality in terms of tens of thousands. the last few days we had to finance means. the question is who is actually in charge of the finances in this country? we had parliament speaking this week. and the call in terms of resigning for the president and the prime minister. there is a lot of pushback from the people, the opposition. in terms of the government response, one of the governmental ministers came out and said the president is not resigning. they worry how long they can go.

today we are focusing on sri lanka and the worst economic crisis. the country has been through in decades how regular people managing as prices go up and placing goods are really hard to find. this is a conversation that you are invited to as well on the chief. the comment section is life ready for your thoughts, your comments and being part of the discussion in my neck, him of nam may that that my microphone have not faced such hardship before with i'm out of the last year or 2. it has been very difficult to and i get paid a good salary, but i no longer can manage with that. yeah, no gun when we get up in the morning or the prices have double do, we're done. now we only get half of what our sellers could get us before this local people. the fault is not with my job or the salary, i get to do it. the problem is with the rising push that selected and end on the bank and bug a thought. again, joining the conversation to help us understand what an economic crisis in sri lanka looks like to day. we have manella, he, me and hasha walk or free of ye to th

sri lanka imports most of its medical supplies.es. stretched to the limit, operations continue at this hospital. others have already stopped some procedures. we don't know what would happen if the dollars don't bring these things to the country. we might end up in a very difficult situation. this is a very stressful period. health official officials at this hospital agreed to speak to us, but i have spoken to many doctors across sri lanka who say that the government says they are not allowed to speak out in an individual capacity, but they tell me that they are worried that their hospitals are running low or running out of essential medicines, and that if something isn't done soon, sri lanka will face a medical catastrophe. with few doctors willing to speak publicly about the shortages, some have taken part in silent protests. while hundreds of medical students stormed the health ministry, joining anti—government protests against food and fuel shortages. this is a crisis of scarcity, with no clear end in sight. medical unions are a

throughout the existence of independent sri lanka economic crisis.t has been gaining momentum for the last three weeks and during this time the state has turned into an island of queues for fuel, household gas products and medicines there is a shortage of everything in the country, and prices have broken all conceivable records. the last straw was power outages, blackouts for 10-12 hours, on friday the authorities imposed a curfew and blocked social networks, but despite the bans last night, thousands of protesters surrounded the presidential palace and tried to get inside the police, stones were thrown, the authorities of the island declare an attempted coup d'état under the arab spring scenario. during the day, 664 people were arrested active participants in street riots to storm the presidential palace, demonstrators. they tried back on march 31, but they were also pushed back by the police. gotha go home these days is the main slogan on the streets of the island's capital city of colombo, protesters demand that president gutabay radshpaksa return

i work as a correspondent for is that i hear aiden colombo in sri lanka. but i've been in the media reporting on she lanka for over 20 years now. and he's saying like having your expertise to as how shall welcome back to the stream. good to see with my dad audience, who you are and what you doing. hi, i'm not sure i'm a member of the man opposition in sri lanka to happy and you have welcome to the stream. please introduce yourself. tie international audience. i'm john pereira, i'm the executive director of the national peace counsel, which is the piece building and your which focuses on addressing the issues of ethnicity and religion which have divided up people for the last several decades. going back to independence and even beyond looking forward to hearing more from you john, i'm just thinking hasha and me now. how many protests have you been to in the last month? how prolific all day? how say you start? well actually i'm taking a break to day because we started a protest walk of 117 kilometers. and i actually walked 7000 kilometers yesterday with about

we cannot overstate how difficult things are in sri lanka at the moment.ause they haven't got the medicines they need. absolutely. you know it has come down to prices, looking at electricity, food, fuel, all of these basic necessities, not being supplied easily, and the key reason is we have seen an escalation in oil prices which is hitting sri lanka's import bill. we are looking at a very unfortunate position where we have effected reserves of $2 billion versus a huge debt pile up billion versus a huge debt pile up of $7 billion, and $1 billion of that debt is due to mature in the next four months. one of the problems that exacerbated this crisis for sri lanka was the pandemic, and the fact the tourist industry had to close for almost two years. if president rajapaksa wants to resign and step down, who would fill his shoes? it is not a quick fix, is it? it fill his shoes? it is not a quick fix, is it?- fill his shoes? it is not a quick fix, is it? it is not a ruick quick fix, is it? it is not a quick fix _ quick fix, is it? it is not a quick fix but _ qui

i'm sri lanka, the restriction the bush to curt air. the sprained up the right us in 20202021. seriously affected every sector of ali corner. while the government point to coven told p, doing the countries critical to risk dollars. or does link political mismanagement to sri lanka is ailing economy o? through $27.00. yes, civil war has been relative peace since 2009 the united nations is called for calm from all groups of the countries fragile democracy faces its biggest test, indicates the sports and the bonus league we're buying unit have taken another big step towards their 10th consecutive title, they won $41.00 against fryeburg, although they briefly had 12 players on the pitch and coin face punishment, substitute stairs knob, race score, the crucial goal to give byron a to one lead. they never looked back with all the goals coming in the 2nd half. they're just 6 games to go. and the bonus like a trophy is almost certainly staying in munich, as long as the results since and barnum, unix wants to. another one is lea. a title has bee

shery: i have to get in a question about sri lanka.n: the sri lankan form -- finance minister said getting agreement could take six months. could it take that long, and what the sri lanka have to do to negotiate an extended fund facility? what is the main thing they need to accomplish? anne-marie: what the minister meant is the entire process, not necessarily only the agreement of the imf program. as you know, we have received a program request from sri lanka and we have started technical negotiations. in sri lanka, we issued our report in february, a standard report that we do for every country, every year. in that report we come to the conclusion that sri lanka's debt is unsustainable. the imf cannot lend to countries that have unsustainable debt levels. so countries need to take steps to make their debt level sustainable. this has to happen in parallel with negotiations of a funded program. and in cases where that has happened, it has taken more time than it would if we were to just look at the standard fund negotiated program. this

a long time no see, sri lanka! so humid l see, sri lanka! so humid already. hello, gentlemen. traditional boat to rent for maybe four days or five days. i want to go down the canal. you have one? ok, can you give me a street number? 0k, you give me a street number? ok, here's my number? how is numberfour, if i understand right. i was following the track and summers ago right and then left and here i am. a small catamaran is here. adventure is the very first step and the trip starts. i hope to do it in three days. 0k, hope to do it in three days. ok, the first 100 metres is done! asi as i start myjourney i get a warm welcome from the people who live here. hello, hello, how are you? good? very good! very good. i'm going down the canal. ,., ., ,, very good. i'm going down the canal._ goodbye! - very good. i'm going down the canal._ goodbye! see j canal. goodbye! goodbye! see ou, all canal. goodbye! goodbye! see you. all the — canal. goodbye! goodbye! see you, all the best. _ canal. goodbye! goodbye! see you, all the best. and - canal. goodbye! goodbye! see you, all the best. and

in other news: a state of emergency is declared in sri lanka, where an economic crisis has sparked violenttests. and the draw is announced for the 2022 world cup in qatar. the bbc has found evidence that russian forces have been forced to pull back from positions they held at the start of their invasion, five weeks ago. russian armour has been heading west out of the capital kyiv, and a bbc team gained access to one area, just hours after their retreat. a stretch of the e—ao highway was where shocking images from the early days of the war emerged — showing russian troops firing on civilians trying to escape. jeremy bowen and his team have now reached the scene of the attack, and found evidence that raises the possibility that war crimes may have occurred. a warning, his report contains some graphic and distressing images. on a stretch of road that runs between two villages with names that translate as "dream" and "sweetheart" is all the savagery and waste of war. ukrainian forces had just recaptured it, their troops moving in after a heavy bombardment from their artillery. this was only a