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Sri Lanka teachers, bank workers join mass walkout over economic crisis

29 Tháng Tư 2022

By Uditha Jayasinghe and Alasdair Pal

COLOMBO (Reuters) - Many schools in Colombo were shut and several train stations deserted on Thursday as teachers and train drivers joined mass walkouts demanding President Gotabaya Rajapaksa's government quit over Sri Lanka's worst financial crisis in decades.

Hundreds of employees from Sri Lankan state-run banks, most wearing black and carrying black flags, also joined other bank trade unions in a protest march to the president’s office as thousands of people took to the streets around the country.

The pandemic, rising oil prices, populist tax cuts and rapidly dwindling foreign currency reserves have left Sri Lanka without enough dollars to pay for vital imports of fuel, food and medicine. Sometimes violent street demonstrations have erupted this month as shortages and power cuts became acute.

"This government has ruined our country. Costs are increasing every day, businesses are closing, and people have no way to live. There is no fuel, when we go home there is no electricity and no cooking gas to make meals," said Samanthi Ekanayake, 34 who works as a teller at a state-run bank.

"We are tired of broken promises."

The country's trade union leaders have threatened an ongoing strike from May 6 if the president and the government do not resign.

Rajapaksa this week reiterated his willingness to form an interim government with a new prime minister and cabinet. However, Prime Minister Mahinda Rajapaksa, who is his elder brother, has declined to step down and insisted he continues to have a majority in the 225-member parliament.

Meanwhile, two Opposition parties, the Samagi Jana Balawegaya (SJB) and the Tamil National Alliance (TNA) have started the process to bring no-confidence motions against the president and prime minister in parliament.

"Political instability will only make it more difficult to provide solutions to the financial crisis. So it is imperative a strong government with a clear majority is established in parliament and the government is working towards this goal," Cabinet spokesman Nalaka Godahewa said.

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21-05-2022 10:25:30 (UTC+7)

EUR/USD

1.0562

-0.0024 (-0.23%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

EUR/USD

1.0562

-0.0024 (-0.23%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

GBP/USD

1.2489

+0.0029 (+0.23%)

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Neutral

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Buy (8)

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USD/JPY

127.86

+0.07 (+0.05%)

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Neutral

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AUD/USD

0.7039

-0.0008 (-0.11%)

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Sell

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Buy (3)

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Buy (1)

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USD/CAD

1.2839

+0.0014 (+0.11%)

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EUR/JPY

135.05

-0.24 (-0.18%)

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Neutral

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EUR/CHF

1.0296

-0.0005 (-0.05%)

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Gold Futures

1,845.10

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Silver Futures

21.765

-0.143 (-0.65%)

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Copper Futures

4.3042

+0.0212 (+0.49%)

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Crude Oil WTI Futures

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Brent Oil Futures

112.91

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Natural Gas Futures

8.058

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US Coffee C Futures

216.48

-2.22 (-1.02%)

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Euro Stoxx 50

3,657.03

+16.48 (+0.45%)

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Buy (9)

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S&P 500

3,901.36

+0.57 (+0.01%)

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Buy (8)

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DAX

13,981.91

+99.61 (+0.72%)

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Buy

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FTSE 100

7,389.98

+87.24 (+1.19%)

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Neutral

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Hang Seng

20,717.24

+596.56 (+2.96%)

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↑ Sell

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Buy (4)

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Buy (1)

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US Small Cap 2000

1,768.35

-7.87 (-0.44%)

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↑ Buy

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Buy (7)

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IBEX 35

8,484.50

+78.50 (+0.93%)

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Neutral

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BASF SE NA O.N.

48.850

-0.010 (-0.02%)

Summary

Buy

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Bayer AG NA

63.74

+0.34 (+0.54%)

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Buy

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Allianz SE VNA O.N.

195.58

+0.78 (+0.40%)

Summary

Buy

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Adidas AG

172.80

+0.92 (+0.54%)

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Buy

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Deutsche Lufthansa AG

6.852

+0.049 (+0.72%)

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↑ Sell

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Siemens AG Class N

115.08

+2.62 (+2.33%)

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Deutsche Bank AG

9.362

-0.130 (-1.37%)

Summary

Buy

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Buy (8)

Sell (1)

 EUR/USD1.0562↑ Buy
 GBP/USD1.2489Neutral
 USD/JPY127.86Neutral
 AUD/USD0.7039Sell
 USD/CAD1.2839↑ Buy
 EUR/JPY135.05Neutral
 EUR/CHF1.0296↑ Buy
 Gold1,845.10↑ Buy
 Silver21.765↑ Sell
 Copper4.3042↑ Buy
 Crude Oil WTI110.35↑ Sell
 Brent Oil112.91↑ Sell
 Natural Gas8.058↑ Sell
 US Coffee C216.48↑ Buy
 Euro Stoxx 503,657.03↑ Buy
 S&P 5003,901.36↑ Buy
 DAX13,981.91Buy
 FTSE 1007,389.98Neutral
 Hang Seng20,717.24↑ Sell
 Small Cap 20001,768.35↑ Buy
 IBEX 358,484.50Neutral
 BASF48.850Buy
 Bayer63.74Buy
 Allianz195.58Buy
 Adidas172.80Buy
 Lufthansa6.852↑ Sell
 Siemens AG115.08Neutral
 Deutsche Bank AG9.362Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,875/ 6,975
(0/ 0) # 1,795
SJC HCM6,895/ 6,985
(5/ 5) # 1,800
SJC Hanoi6,895/ 6,987
(5/ 5) # 1,802
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(5/ 5) # 1,802
SJC Nhatrang6,895/ 6,987
(5/ 5) # 1,802
SJC Cantho6,895/ 6,987
(5/ 5) # 1,802
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RON 95-V30.58031.190
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KRW15,8019,26
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