PROTESTS CONTINUE IN SRI LANKA AS THE RULING COALITION LOSES ITS PARLIAMENTARY MAJORITY

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Sri Lanka's Crisis in Colombo: President Gotabaya Rajapaksa's invitation to join the planned unity government was dismissed as a "sham" by Sri Lanka's opposition parties on Monday.

The top ten updates on this major story are listed below.

1. President Gotabaya Rajapaksa's ruling coalition in Sri Lanka lost its majority in parliament today after at least 41 legislators defected.

2. The opposition in Sri Lanka dismissed President Rajapaksa's invitation to join a unity government as "nonsense" and demanded his resignation in response to the country's mounting food, gasoline, and medicine shortages.

3. Deputy Parliament Speaker Ranjith Siyambalapitiya resigned as the Parliament reconvened today for the first time since the country's state of emergency was proclaimed, as the country grapples with protests and rising demands for the President's resignation as the economy worsens.

4. The International Monetary Fund (IMF) stated on Tuesday that it is "extremely closely" monitoring political and economic developments in Sri Lanka, which is experiencing its worst economic crisis in decades.

5. Due to a significant medicine scarcity in the country, Sri Lanka has declared an emergency health condition as of Tuesday.

6. There have been widespread public protests against the Rajapaksa family's mishandling of the economic situation, which has been exacerbated by the foreign exchange crisis and balance of payment problems.

7. Ajith Cabraal, the country's central bank governor, resigned on Monday after the cabinet resigned to pave room for a new administration to deal with the country's spiralling economic crisis.

8. With the exception of President Gotabaya Rajapaksa and his elder brother Prime Minister Mahinda Rajapaksa, all 26 ministers resigned on Sunday night.

9. Internet service providers were forced to limit access to social media platforms such as Facebook, WhatsApp, Twitter, and YouTube once the protests became more intense. In the second half of Sunday, the social media restrictions were lifted.

10. The South Asian nation is experiencing catastrophic food, gasoline, and other basic shortages, as well as record inflation and crippling power outages, in its most difficult period since gaining independence from Britain in 1948.

 

 

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