Dozens arrested in Sri Lanka following protests over economy

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Sri Lankan crime scene officers inspect damaged vehicles after they were set on fire by demonstrators in Colombo on April 1, 2022. (Reuters)
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Sri Lankans protesting amid the country's unprecedented economic crisis clash with riot police in Colombo on March 31, 2022 as they demonstrate outside the president's home. (Ishara S. Kodikara / AFP)
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Updated 01 April 2022
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Dozens arrested in Sri Lanka following protests over economy

  • President Gotabaya Rajapaksa’s office blames ‘organized extremists’ within the group of protesters for violence
  • The protesters blame Rajapaksa for long power outages and shortages of essentials

COLOMBO: Dozens of people were arrested in Sri Lanka following protests near the president’s home demanding that he resign amid the country’s worst economic crisis in memory, police said Friday.

President Gotabaya Rajapaksa’s office blamed “organized extremists” within the group of protesters for violence during Thursday night’s demonstration, where police fired tear gas and a water cannon at thousands of protesters and arrested 54 people.

Nuwan Bopage, an attorney representing some of the suspects, said several of them were being taken for medical examinations for various injuries and would likely appear in court later Friday.

The protesters blame Rajapaksa for long power outages and shortages of essentials. A police curfew that had been implemented in the suburbs of the capital was lifted Friday morning.

On Thursday, the crowds demonstrating along the roads leading to Rajapaksa’s private residence on the outskirts of Colombo stoned two army buses that police were using to block the protesters from entering the road leading to the president’s house. They set fire to one of the buses and turned back a fire truck that rushed to douse it.

At least one person was severely injured in the leg when police fired tear gas cannisters directly at protesters to stop their attack on the bus.

Several burned vehicles could be seen at the scene on Friday.

Sri Lanka has huge debt obligations and dwindling foreign reserves, and its struggle to pay for imports has caused the shortages. People wait in long lines for fuel, and power is cut for several hours daily because there’s not enough fuel to operate generating plants and dry weather has sapped hydropower capacity.

Sri Lanka’s economic woes are blamed on successive governments not diversifying exports and relying on traditional cash sources like tea, garments and tourism, and on a culture of consuming imported goods.

The COVID-19 pandemic dealt a heavy blow to Sri Lanka’s economy, with the government estimating a loss of $14 billion in the last two years.

Sri Lanka also has immense foreign debt after borrowing heavily on projects that don’t earn money. Its foreign debt repayment obligations are around $7 billion for this year alone.

According to the Central Bank, inflation rose to 17.5 percent in February from 16.8 percent a month earlier. Its expected to continue rising because the government has allowed the local currency to float freely.


US Treasury chief says retaliatory EU tariffs over Greenland ‘unwise’

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US Treasury chief says retaliatory EU tariffs over Greenland ‘unwise’

  • He said Trump wanted control of the autonomous Danish territory because he considers it a “strategic asset” and “we are not going to outsource our hemispheric security to anyone else.”

Davos: US Treasury Secretary Scott Bessent warned European nations on Monday against retaliatory tariffs over President Donald Trump’s threatened levies to obtain control of Greenland.
“I think it would be very unwise,” Bessent told reporters on the sidelines of the World Economic Forum in the Swiss ski resort of Davos.
He said Trump wanted control of the autonomous Danish territory because he considers it a “strategic asset” and “we are not going to outsource our hemispheric security to anyone else.”
Asked about Trump’s message to Norway’s prime minister, in which he appeared to link his Greenland push to not winning the Nobel Peace Prize, Bessent said: “I don’t know anything about the president’s letter to Norway.”
He added, however, that “I think it’s a complete canard that the president will be doing this because of the Nobel Prize.”
Trump said at the weekend that, from February 1, Britain, Denmark, Finland, France, Germany, the Netherlands, Norway and Sweden would be subject to a 10-percent tariff on all goods sent to the United States until Denmark agrees to cede Greenland.
The announcement has drawn angry charges of “blackmail” from the US allies, and Germany’s vice chancellor Lars Klingbeil said Monday that Europe was preparing countermeasures.
Asked later Monday on the chances for a deal that would not involve acquiring Greenland, Bessent said “I would just take President Trump at his word for now.”
“How did the US get the Panama Canal? We bought it from the French,” he told a small group of journalists including AFP.
“How did the US get the US Virgin Islands? We bought it from the Danes.”
Bessent reiterated in particular the island’s strategic importance as a source of rare earth minerals that are critical for a range of cutting-edge technologies.
Referring to Denmark, he said: “What if one day they were worried about antagonizing the Chinese? They’ve already allowed Chinese mining in Greenland, right?“