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Sri Lanka protesters vow to continue anti-government campaign despite new PM

By Uditha Jayasinghe and Alasdair Pal COLOMBO (Reuters) - Sri Lanka's new prime minister will begin forming a unity government on Friday, but his appointment has failed to appease...
Sri Lanka protesters vow to continue anti-government campaign despite new PM © Reuters. FILE PHOTO: Ranil Wickremesinghe, newly appointed prime minister, arrives at a Buddhist temple after his swearing-in ceremony amid the country's economic crisis, in Colombo, Sri Lanka, May 12, 2022. REUTERS/Dinuka Liyanawatte/File Photo

By Uditha Jayasinghe and Alasdair Pal

COLOMBO (Reuters) - Sri Lanka's new prime minister will begin forming a unity government on Friday, but his appointment has failed to appease anti-government protesters demanding the resignation of the president for the country's disastrous economic crisis.

President Gotabaya Rajapaksa appointed veteran opposition politician Ranil Wickremesinghe as the island nation's prime minister late on Thursday after a week of violent clashes that left 9 people dead and over 300 injured.

The president's elder brother, Mahinda Rajapaksa, quit as prime minister on Monday as the violence spiralled and is in hiding in a military base.

"We will stop this struggle when our people get justice," said Chamalage Shivakumar, one of the hundreds of people who have camped out at a protest site in the main city Colombo.

"Whoever they appoint as prime minister, we will not stop this struggle until people get relief."

Wickremesinghe is the only lawmaker from his United National Party in the country's parliament and will be reliant on rival political parties to form a government. An alliance led by the Rajapaksas holds about 100 of parliament's 225 seats, while the opposition has 58 seats. The rest are independent.

Protesters said the appointment of Wickremesinghe will do little to ease the anger against the president, who they say is ultimately responsible for the worst economic crisis to hit the nation since it became independent in 1948.

Buffeted hard by the pandemic, rising oil prices and populist tax cuts by the Gotabaya brothers, Sri Lanka is critically low on foreign exchange, and rampant inflation and fuel shortages have brought thousands onto the street in a month of protests that had remained predominantly peaceful until this week.

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28-05-2022 01:38:21 (UTC+7)

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 EUR/USD1.0726↑ Buy
 GBP/USD1.2621↑ Buy
 USD/JPY127.10Neutral
 AUD/USD0.7154↑ Buy
 USD/CAD1.2729↑ Sell
 EUR/JPY136.32↑ Buy
 EUR/CHF1.0271Neutral
 Gold1,851.31Buy
 Silver22.128↑ Buy
 Copper4.3163↑ Buy
 Crude Oil WTI114.77Sell
 Brent Oil115.18↑ Sell
 Natural Gas8.724↑ Buy
 US Coffee C228.65↑ Sell
 Euro Stoxx 503,808.86↑ Buy
 S&P 5004,133.30↑ Buy
 DAX14,462.19↑ Buy
 FTSE 1007,585.46Sell
 Hang Seng20,697.36↑ Buy
 Small Cap 20001,882.25↑ Buy
 IBEX 358,933.60↑ Buy
 BASF51.110Neutral
 Bayer66.58↑ Buy
 Allianz200.20↑ Buy
 Adidas179.96↑ Buy
 Lufthansa6.881↑ Buy
 Siemens AG121.86Buy
 Deutsche Bank AG10.392↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,830/ 6,940
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SJC HCM6,855/ 6,955
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Cập nhật 28-05-2022 01:38:24
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Cập nhật lúc 18:54:46 27/05/2022
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