Protests turn violent in Sri Lanka as anger grows over inflation, power cuts
Confessions of Econ Hit Man |
President Gotabaya Rajapaksa agreed that a national council will be appointed to name a new prime minister and Cabinet comprised of all parties in Parliament, lawmaker Maithripala Sirisena said after meeting with the president.
Confessions of an Economic Hit Man (How the U$A rules) |
Sirisena, who was president before Rajapaksa, was a governing party lawmaker before defecting earlier this month along with nearly 40 other legislators.
We'll switch places then sell out to the IMF! |
Sri Lanka is near bankruptcy and has announced it is suspending payments on its foreign loans until it negotiates a rescue plan with International Monetary Fund.
- How do these things happen? It's easy! Read Confessions of an Economic Hit Man (by John Perkins) for the details
It has to repay $7 billion in foreign debt this year, and $25 billion by 2026. Its foreign reserves stand at less than $1 billion. More + PHOTOS
The Secret History of the American Empire: The Truth About Economic Hit Men, Jackals, and How to Change the World (John Perkins) |
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