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Sri Lanka only has enough fuel for about five more days, minister says
CNN ^ | June 16, 2022

Posted on 06/17/2022 6:43:34 PM PDT by BenLurkin

Sri Lanka's fuel stocks will last for about five more days, its power and energy minister said on Thursday, as the island nation awaits official confirmation from the Indian government for a new $500 million credit line for fuel.

The country of 22 million people is caught in its worst financial crisis in seven decades after its foreign exchange reserves dwindled to record lows, with dollars running out to pay for essential imports including food, medicine and fuel.

Chronic fuel shortages have worsened this week with kilometers-long lines at some gas stations countrywide, leading to sporadic protests as vehicle owners wait, sometimes overnight, for petrol and diesel.

The stocks cover fuel for vehicles, some industries and essential services. A month ago, the prime minister said there was only enough petrol for one day.

Sri Lanka is unable to make $725 million in overdue payments to suppliers and also struggling to open letters of credit for future shipments,

(Excerpt) Read more at cnn.com ...


TOPICS: Miscellaneous
KEYWORDS: fuel; indebt; payyurbills; srilanka; thirdworld
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To: Flavious_Maximus

Is there any country out there that is not borrowing money?

It is an endless circle.

One that will one day have to end.One way or another.


21 posted on 06/17/2022 8:12:09 PM PDT by winterystorm
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To: BenLurkin

The Green New Deal’s inevitable end.


22 posted on 06/17/2022 8:15:46 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: BenLurkin

Energy shortages are not far away here in USA.


23 posted on 06/17/2022 8:20:54 PM PDT by chopperk
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To: Organic Panic


The Green New Deal’s inevitable end.
24 posted on 06/17/2022 9:14:36 PM PDT by In_Iowa_not_from
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To: winterystorm

That’s why I expect a worldwide economic crash to coincide with the arrival of Satan’s anti-messiah.

Now that’s not spelled out in the Bible, admittedly, so it’s just a guess.

But many nations are deeply in debt.


25 posted on 06/17/2022 9:42:26 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: stuck_in_new_orleans
just buy some electric cars

Or maybe Soon Musk can buy Sri Lanka and have them build EVs.

26 posted on 06/17/2022 10:15:18 PM PDT by American Number 181269513 (Change before you have to)
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To: stuck_in_new_orleans
just buy some electric cars

Or maybe Elon Musk can buy Sri Lanka and have them build EVs.

27 posted on 06/17/2022 10:15:44 PM PDT by American Number 181269513 (Change before you have to)
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To: BenLurkin

And Egypt?


28 posted on 06/17/2022 10:16:56 PM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: Vendome

GREEN ENERGY CHICKENS COMING HOME TO ROOST. PUTTING THE LIE TO THE GREEN SCAM!
https://www.frontpagemag.com/fpm/2022/06/green-energy-chickens-coming-home-roost-bruce-thornton/


29 posted on 06/17/2022 10:21:31 PM PDT by Dick Bachert (WE'RE DOOMED!)
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To: BenLurkin
Better make a deal with the Chinese Communist Party.

They will be glad to build a bridge and pipe line between Sri Lanka and the India mainland...in exchange for 10% of you GDP for the next 30 years!

30 posted on 06/18/2022 3:24:51 AM PDT by zeestephen
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To: MattMusson

The Domino Effect is back.


31 posted on 06/18/2022 4:18:27 AM PDT by ViLaLuz (2 Chronicles 7:14)
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To: BenLurkin

Here’s a chance for Biden to get off his butt, open up our oil resources & do everybody a big favor all at the same time. Now, that would seem to be the SMART thing to do, but does anybody want to guess what really happens?


32 posted on 06/18/2022 8:37:26 AM PDT by oldtech
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