Sri Lanka’s escalating political and economic crises came to a head this week when President Gotabaya Rajapaksa fled the country and submitted his resignation. WSJ’s Philip Wen describes the roots of the crisis -- and what pushed this highly indebted nation over the edge, into rolling blackouts and shortages of food, fuel and medicine.
Further reading:
-Sri Lanka’s Debt Crisis Tests China’s Role as Financier to Poor Countries
-Sri Lanka’s President Resigns Over Email After Fleeing Country