This Is Just the Beginning of Global Widespread Social Unrest. Sri Lanka’s Economic Troubles Are Metastasizing Into Social Unrest as Households Crushed by Plandemic Inflation,They Can’t Afford Essential Items Like Food and Energy

HNewsWire-According to a governing party member, Sri Lanka's cabinet has resigned amid growing public dissatisfaction with the government's economic policies, which have resulted in increased living expenses and a currency crisis.

In an interview with reporters in Colombo late Sunday, Education Minister Dinesh Gunawardena said, "We have submitted our resignations to the Prime Minister stating that we are prepared to depart at any moment."

A decision on what to do next will be made after consulting with the President.

Sri Lanka, a small island country, is suffering from a currency crisis as well as food, gasoline, and pharmaceutical shortages that are becoming worse. Mass anti-government demonstrations over rising living expenses prompted a 36-hour curfew this past weekend.

In response to demonstrations in the capital and outside the president's residence over rising prices and widespread rolling blackouts lasting up to 13 hours a day, President Gotabaya Rajapaksa, according to Bloomberg, declared a state of emergency on Friday. As a means of restoring public order, an emergency order grants authorities broad authority to imprison and suppress protesters.

Recently, the Washington, DC-based International Monetary Fund (IMF) intervened and began negotiations with the Sri Lankan government on a rescue loan. Rajapaksa is scheduled to go to Washington, D.C., for further meetings with IMF officials. Rajapaksa

Due to the decline in tourism and badly timed tax cuts, South Asian island nation's foreign currency reserves have been reduced by more than 70 percent since viral epidemic started.

The island nation's 22 million inhabitants are in the midst of a socioeconomic catastrophe, as reported by Bloomberg.

As the island government runs out of currency to pay for imports, there is a major food and fuel scarcity. People have taken to the streets to demand that Rajapaksa and his family step down from their positions of power as a result of the country's inflation rising to over 19 percent, the highest rate in Asia.

Mahinda Rajapaksa is prime minister, Basil is finance minister, Chamal is agricultural minister, and Namal is sports minister for the Rajapaksa family. Namal, a member of the tribe, publicly denounced the recent restrictions on social media.

In parliament, the Rajapaksas retain a two-thirds majority. The earliest possible date for national elections is 2023.

With an eye on preserving electricity and foreign currency, Rajapaksa's government has depreciated the rupee, hiked interest rates, restricted non-essential imports, and cut stock trading hours in recent weeks. A bailout from the International Monetary Fund has also been withdrawn, and he is now in discussions for bilateral assistance with countries like India and China, among others. -Bloomberg

Families in Sri Lanka are unable to buy basic necessities like food and electricity because of the country's spiraling inflation. Some poor emerging market economies are ripe for 'Arab Spring 2.0'-style instability, as we have previously highlighted

 

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By StevieRay Hansen | November 28, 2023 |

Watch Out, Big Tech, MSM Reprobate Are Spinning the Truth… In police-state fashion, Big Tech took the list of accused (including this site), declared all those named guilty and promptly shadow-banned, de-platformed or de-monetized us all without coming clean about how they engineered the crushing of dissent. Big Tech Nearly 5,000 coronavirus cases and 20 deaths have occurred in 115 meat and poultry processing facilities across the U.S., data from Centers for Disease Control and Prevention show. Why it matters: The federal government has ordered meatpacking plants to remain open to keep America’s food supply chain intact. But the data reveal worker safety is jeopardized when companies don’t drastically change the work culture and provide protective equipment. Many of the employees are low-income and are not offered paid sick leave or health benefits, which encourages employees to come to work sick. The facilities with the…

Watchman: The Norm For Tribulation: Social Unrest, Wildfires, Hurricanes and Food Lines

By StevieRay Hansen | April 27, 2023 |

HNewsWire: Dominate the Headlines, a Surge in Violent Crime Across Major Us Metropolitan Areas Has Also Been Observed Since the Virus-Plandemic Began in March… HNewsWire: This afternoon, the Electric Reliability Council of Texas (ERCOT), which manages Texas’ electric power system, urged residents and businesses to conserve energy and warned of probable rolling blackouts. The grid is facing a “possible reserve capacity shortfall with no market solution available,” according to an ERCOT notification issued late Sunday night. ERCOT has encouraged residents to decrease their energy use between 1400-2000 local time, when temperatures are predicted to reach triple digits. High temperatures are fueling record electricity consumption, and limited wind generation may push the system to its limit. Wind power is expected to account for roughly 8% of total capacity during peak hours today, according to current predictions. The current predicted electricity demand…

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By StevieRay Hansen | October 7, 2022 |

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By StevieRay Hansen | June 9, 2022 |

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We Are Watching Satan’s Soldiers Attack One of Humanity’s Most Essential Commodities, Food; They Want to Weaponize the Food Chain – California Legislators Slaughterhouses and Factory Farms, We the People Are No Longer!

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