Dubai Telegraph - Hundreds storm Sri Lanka president's home as crisis deepens

EUR -
AED 3.845874
AFN 70.674066
ALL 97.848497
AMD 406.661363
ANG 1.881594
AOA 954.929054
ARS 1054.672401
AUD 1.622423
AWG 1.887346
AZN 1.780922
BAM 1.942206
BBD 2.107896
BDT 124.756771
BGN 1.954476
BHD 0.39467
BIF 3031.270778
BMD 1.047071
BND 1.405734
BOB 7.214639
BRL 6.094064
BSD 1.043963
BTN 88.001358
BWP 14.243575
BYN 3.41662
BYR 20522.593176
BZD 2.10449
CAD 1.474271
CDF 3006.140949
CHF 0.929946
CLF 0.037093
CLP 1023.501392
CNY 7.593411
CNH 7.601689
COP 4611.018329
CRC 533.450854
CUC 1.047071
CUP 27.747384
CVE 110.413563
CZK 25.282471
DJF 186.085088
DKK 7.459015
DOP 63.241086
DZD 140.285547
EGP 51.9608
ERN 15.706066
ETB 129.260624
FJD 2.387951
FKP 0.826471
GBP 0.835092
GEL 2.85865
GGP 0.826471
GHS 16.438375
GIP 0.826471
GMD 74.34189
GNF 9036.223128
GTQ 8.057448
GYD 218.417029
HKD 8.149511
HNL 26.412373
HRK 7.469029
HTG 137.020279
HUF 410.878547
IDR 16672.826935
ILS 3.815359
IMP 0.826471
INR 88.270601
IQD 1372.186651
IRR 44068.606931
ISK 145.133954
JEP 0.826471
JMD 164.856098
JOD 0.742688
JPY 160.610139
KES 135.595163
KGS 90.888485
KHR 4240.638096
KMF 491.02418
KPW 942.363575
KRW 1463.344866
KWD 0.322236
KYD 0.870027
KZT 521.281361
LAK 22998.916606
LBP 93765.214756
LKR 304.016247
LRD 188.289578
LSL 18.888537
LTL 3.091729
LVL 0.633363
LYD 5.125386
MAD 10.50579
MDL 19.079816
MGA 4899.245644
MKD 61.542117
MMK 3400.846025
MNT 3557.947475
MOP 8.368584
MRU 41.793859
MUR 49.547263
MVR 16.177003
MWK 1817.715192
MXN 21.806271
MYR 4.66732
MZN 66.896979
NAD 18.888878
NGN 1771.926971
NIO 38.490247
NOK 11.71439
NPR 140.801776
NZD 1.798952
OMR 0.40313
PAB 1.044003
PEN 3.956097
PGK 4.156765
PHP 61.72273
PKR 290.823758
PLN 4.309902
PYG 8147.130203
QAR 3.811971
RON 4.976835
RSD 117.006008
RUB 110.457098
RWF 1435.534451
SAR 3.933975
SBD 8.785545
SCR 14.239048
SDG 629.812192
SEK 11.527981
SGD 1.411719
SHP 0.826471
SLE 23.766152
SLL 21956.56198
SOS 598.400886
SRD 37.071596
STD 21672.257337
SVC 9.13506
SYP 2630.797353
SZL 18.889327
THB 36.375347
TJS 11.155425
TMT 3.675219
TND 3.316336
TOP 2.452339
TRY 36.279133
TTD 7.098383
TWD 34.02405
TZS 2769.502683
UAH 43.377879
UGX 3867.963333
USD 1.047071
UYU 44.488604
UZS 13433.921708
VES 48.773334
VND 26611.311509
VUV 124.310383
WST 2.922994
XAF 651.409933
XAG 0.034443
XAU 0.000399
XCD 2.829762
XDR 0.798595
XOF 657.034899
XPF 119.331742
YER 261.68926
ZAR 19.065697
ZMK 9424.903205
ZMW 28.788769
ZWL 337.156461
  • RBGPF

    0.8100

    61

    +1.33%

  • CMSC

    -0.1700

    24.56

    -0.69%

  • RYCEF

    0.0300

    6.8

    +0.44%

  • BTI

    0.2010

    37.531

    +0.54%

  • SCS

    -0.1750

    13.545

    -1.29%

  • NGG

    -0.5200

    62.74

    -0.83%

  • RIO

    -1.1650

    61.815

    -1.88%

  • CMSD

    -0.1800

    24.4

    -0.74%

  • AZN

    -0.3000

    66.1

    -0.45%

  • GSK

    -0.2200

    33.93

    -0.65%

  • RELX

    0.1600

    46.73

    +0.34%

  • VOD

    -0.0550

    8.855

    -0.62%

  • JRI

    -0.0450

    13.325

    -0.34%

  • BCC

    -4.5100

    147.99

    -3.05%

  • BP

    -0.4350

    28.885

    -1.51%

  • BCE

    -0.4500

    26.57

    -1.69%

Hundreds storm Sri Lanka president's home as crisis deepens
Hundreds storm Sri Lanka president's home as crisis deepens

Hundreds storm Sri Lanka president's home as crisis deepens

Police fired tear gas and water cannon at hundreds of protesters trying to storm the home of Sri Lankan President Gotabaya Rajapaksa in the capital Thursday, demanding his resignation as the South Asian nation's economic crisis worsened.

Text size:

The island of 22 million people is in the grips of its worst downturn since independence, sparked by an acute lack of foreign currency to pay for even the most essential imports.

Diesel -- the main fuel for buses and commercial vehicles -- was unavailable at stations across the island on Thursday, according to officials and media reports -- crippling public transport.

Outside Rajapaksa's home in Colombo's Mirihana residential quarter, anti-riot squads beat back demonstrators after they blocked the roads for more than two hours.

"I am unable to go home because our area is barricaded," one resident told AFP. "People are shouting for the president and his family to step down."

Official sources told AFP that Rajapaksa was not at home during the protests.

The rally had been called by social media activists who were not immediately identified, but their ire was directed at Rajapaksa and his family.

Videos shared on social media showed men and women shouting "lunatic, lunatic go home" and demanding that all members of the powerful Rajapaksa family step down.

The president's elder brother Mahinda serves as prime minister while the youngest -- Basil -- holds the finance portfolio. The eldest brother Chamal is agriculture minister while nephew Namal holds the cabinet post for sports.

- Buses stopped -

Diesel shortages had sparked outrage across Sri Lanka in recent days, but the protests had so far been in towns and not aimed at any top leader, before Thursday's events.

"We are siphoning off fuel from buses that are in the garage for repairs and using that diesel to operate serviceable vehicles," Transport Minister Dilum Amunugama said.

Owners of private buses -- which account for two-thirds of the country's fleet -- said they were already out of oil and that even skeleton services might not be possible after Friday.

"We are still using old stocks of diesel, but if we don't get supplies by this evening, we will not be able to operate," the chairman of the private bus operators association, Gemunu Wijeratne, told AFP.

The state electricity monopoly said it had enforced a 13-hour power cut from Thursday -- the longest ever -- because they did not have diesel for generators.

Reservoirs, which provide more than a third of electricity demand via hydro power plants, were also at dangerously low levels.

The electricity rationing also hit mobile phone base stations and affected the quality of calls, operators said, adding that their stand-by generators were also without diesel.

Several state-run hospitals have stopped conducting surgeries as they have run out of essential life-saving medicines.

Colombo imposed a broad import ban in March 2020 in a bid to save foreign currency needed to service its $51 billion in foreign debt.

The government has said it is seeking a bailout from the International Monetary Fund while asking for more loans from India and China.

Sri Lanka's predicament was exacerbated by the Covid-19 pandemic, which torpedoed tourism and remittances.

Many economists also blame government mismanagement including tax cuts and years of budget deficits.

T.Jamil--DT