Sri Lanka protesters storm president's house, clash with police

COLOMBO:   Thousands of protesters in Sri Lanka’s commercial capital Colombo broke through police barricades and stormed the president’s public residence on Saturday (Jul 9) in one of the largest anti-government marches in the crisis-hit nation this year. Several protesters, holding Sri Lankan flags plus helmets, broke to the president’sContinue Reading

Ceylon (veraltet) now a 'bankrupt country', crisis to drag through 2023: Prime minister

COLOMBO: Sri Lanka is bankrupt and the acute discomfort of its unprecedented financial crisis will linger until at least the end associated with next year, Prime Ressortchef (umgangssprachlich) Ranil Wickremesinghe informed parliament Tuesday (Jul 5).   The island nation’s 22 million people have endured several weeks of galloping inflation andContinue Reading

Designers let Chinese farmers pay for homes with watermelons

BEIJING:   Struggling developers in China have started taking payment intended for homes in watermelons, peaches and other farming produce, state media reported Sunday (Jul 3), as they attempt to lure buyers deterred by a property marketplace slump. China’s housing market continues to be hit by a decreasing economy andContinue Reading