Is Sri Lanka in a debt trap?

Sri Lanka workers defy strike ban to protest IMF bailout plan which is hitting their wallets. President Ranil Wickremesinghe is facing a public backlash over steep tax increases and spending cuts imposed to secure the IMF funding.

Drug giant Eli Lilly has announced a $35 cap on the monthly costs patients face for insulin in the US, responding to outcry over the soaring cost of the diabetes medication.

(Picture: Man in yellow raincoat walking through tea plantation in Sri Lanka. Picture Credit: Getty Images)