In columbo, where tourists were spending money on their way to beach resorts or old colonial hill stations, money was filtering in. A lot of families are entering the middle class this way with new jobs, new opportunities. So it sounds like what the raja paxa brothers were trying to worked. Ya, it looked like that. But as time went on, the system that the family had built started to show some cracks. We'll be right back next week for another look at a real-life business success story.
In recent days, the political crisis in Sri Lanka has reached a critical point, with its president fleeing the country and protesters occupying his residence and office. Today, “The Daily” explores how the island nation, whose economy was once held up as a success story in South Asia, came apart — and why it’s a cautionary tale.
Guest: Emily Schmall, a South Asia correspondent for The New York Times.
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For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.