160. Why is Sri Lanka in Crisis? (English Vocabulary Lesson)

Support the Podcast and Join my Patreon HERE -- https://www.patreon.com/thinkinginenglish CLICK HERE TO DONATE OR SUPPORT THE PODCAST!!!! - https://thinkinginenglish.blog/donate-and-support/ Thousands of Sri Lankans are protesting in the streets, the president is about to resign, the prime minister’s house has been set on fire, and the country has run out of money. What is happening? Why is Sri Lanka in crisis? What went wrong with the country’s economy? TRANSCRIPT -- https://thinkinginenglish.blog/2022/07/13/why-is-sri-lanka-in-crisis/ You may also like... 159. What is the Supreme Court? (English Vocabulary Lesson) 158. What was the Great Depression? (English Vocabulary Lesson) 157. Why Do Countries Change Their Names? (English Vocabulary Lesson) 156. Should Owning a Dog Be Illegal!?!? (English Vocabulary Lesson) INSTAGRAM - thinkinginenglishpodcast (https://www.instagram.com/thinkinginenglishpodcast/)  Blog - thinkinginenglish.blog Vocabulary List Turmoil (n) - a state of confusion, uncertainty, or disorder The whole region is in turmoil Foreign Exchange Reserves (n) - the amounts of money in foreign currencies that a country has at a particular time Exporting more than you import is the best way of building foreign exchange reserves Mismanagement (n) - the process of organising or controlling something badly Two schools were shut down due to financial mismanagement Remittance (n) - money that is sent by a foreign worker back to their own country Immigrants sent $45 billion in remittances to Latin America last year Domestic (adj) - relating to a person’s own country You do not need a passport for domestic flights To lease (v) - to make a legal agreement by which money is paid to use land, a building, a vehicle etc for a period of time Our building lease expires in two weeks To storm (v) - to attack a place or building by entering suddenly in great numbers The fortress was stormed by hundreds of soldiers Bailout (n) - the act of helping a person or organisation that is in difficulty, usually by giving or lending money The bank asked the government for a bailout --- Support this podcast: https://podcasters.spotify.com/pod/show/thinking-english/support Learn more about your ad choices. Visit megaphone.fm/adchoices