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Sri Lanka

Sri Lanka PM offers protesters talks as no-confidence vote looms

S&P, Fitch and others downgrade sovereign rating, citing economic crisis

People shout slogans during a protest against Sri Lanka President Gotabaya Rajapaksa amid the country's economic crisis in Colombo on April 12.   © Reuters

COLOMBO (Reuters) -- Sri Lanka's prime minister offered talks on Wednesday with protesters calling for the government to step down over its handling of an economic crisis as the opposition threatened to bring a no-confidence motion against it in parliament.

The island nation of 22 million people is in the throes of its worst financial crisis since independence in 1948, with a foreign currency shortage stalling imports of fuel and medicines and bringing hours of power cuts a day.

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