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The Sri Lankan government is currently heavily in debt, with total foreign debt as high as US$35.1 billion. In addition, Sri Lanka is also experiencing a serious economic crisis, with domestic necessities in short supply and soaring prices in various places.
It has a loan of 3.3 billion from China, but Sri Lanka has announced a moratorium on foreign debt repayments and wants to borrow another 1.5 billion from China.
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From 0-24:00 on July 2, 2022, Anhui Province reported 61 new confirmed cases, no new suspected cases, and 231 new asymptomatic infections.
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See you at 8 o'clock on the news for more insights. Meet you on time at 8 o'clock every morning and evening, and look at the bigger world. The most serious economic crisis in more than 70 years has swept Sri Lanka.
See the news at 8 o'clock丨Sri Lanka is experiencing a severe economic crisis and is facing a "run out of oil and lamps"
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Source: Global Netizen Party "legislator" Su Zhenqing was involved in a bribery case. At the end of last month, the Taipei District Court ruled that Su Zhenqing should be released on bail of NT$10 million. Taiwan's "Central News Agency" reported that Su Zhenqing issued a statemen
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Sri Lanka has been having a hard time recently, because the country's foreign exchange and oil depots have both bottomed out. It is estimated that in a few days, the entire Sri Lanka will return to before the 18th century, because all modern energy-related machines will not be ab
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Recently, Sri Lanka has experienced a serious economic crisis. Due to the depletion of foreign exchange reserves, Sri Lanka has used insufficient US dollars to purchase crude oil, coal and natural gas, causing a huge number of domestic cars and public transportation to be suspend
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As you can see from the map, Sri Lanka has an excellent geographical location, with the Strait of Malacca on one side and the Persian Gulf and the Gulf of Aden on the other. It is the busiest maritime trade route in the world and is very suitable for economic development.
Why is Sri Lanka, which has everything except snow, on the verge of national bankruptcy?
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