Sri Lanka, an island nation of 22 million, is facing an economic and political crisis, with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse.

Sri Lanka is - I mean, we should not have come to this level. WONG: Earlier this month, Sri Lanka stopped foreign debt payments. This is the first time in the country's history as an independent ...

Sri Lanka’s stock market has jumped 6 percent this month, its bonds have gained 20 percent this year, and its currency, the rupee, ceased sliding against the dollar.

Sri Lanka defaulted on its debt last spring, and it is now in discussions with the International Monetary Fund over a bailout package that could inject $2.9 billion in much-needed cash into its ...

Sri Lanka’s Prime Minister Ranil Wickremesinghe on Saturday said he was willing to resign and make way for an all-party government to take over, shortly after protesters reportedly breached his ...

Sri Lanka is an island nation off southern India: It won independence from British rule in 1948.Three ethnic groups - Sinhalese, Tamil and Muslim - make up 99% of the country's 22 million population.

Sri Lanka ranks No. 55 overall in the U.S. News Best Countries rankings. Explore photos, statistics and other information.

Sri Lanka raised electricity prices by 66% on Thursday, in a move the government hopes will persuade the International Monetary Fund to provide a bailout for its crisis stricken economy.

Reuters.com is your online source for the latest Sri Lanka news stories and current events, ensuring our readers up to date with any breaking news developments ...

Sri Lanka fell into an unprecedented crisis as a result of a series of shocks and policy missteps. Debt rose to unsustainable levels resulting from large fiscal imbalances, and access to international ...