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Sri Lanka Prime Minister says the country is "bankrupt"

August 1, 2022
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Sri Lanka’s prime minister says the country is officially bankrupt. The South Asian country defaulted on its debt for the first time in its history as an independent nation in May. SIshaan Tharoor, a foreign affairs columnist at the Washington Post, joins CBS News to discuss why Sri Lanka’s financial crisis continues to worsen.

#news #srilanka #worldnews

CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.

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Tags: Bankrupteconomic crisisfinancial crisisfood shortagefuelfuel shortagesIMFIshaan Tharoorprime ministerrussia-ukraine conflictsri lankaThe Washington Post
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