Armed cops stationed at Colombo fuel stations as shops re-open amid emergency
Hindustan TimesShops in Sri Lanka capital Colombo opened - warily - Saturday a day after president Gotabaya Rajapaksa declared an emergency and gave military sweeping powers, including the right to arrest suspects without warrants, in response to violent protests over the country's economic crisis. Armed forces were stationed at fuel stations, Reuters said, after Rajapaksa said the measure was to protect public order and to maintain essential supplies and services. ': US envoy's tweet The crisis has been triggered by a mountain of debt; by some estimates Sri Lanka has $51 billion in foreign debts, of which $4 billion is due this year, including $1 billion in July. Explained: Sri Lanka economic crisis and India's $2.5 billion line of credit Essentially Sri Lanka is running out of foreign currency and is unable to pay for essential goods like food, fuel, medicines, etc.