Bloomberg Sri Lanka will this week elect a new president, who would need the support of both lawmakers and protesters in order to pull the bankrupt country out of its worst economic crisis. Legislators in the 225-seat parliament will on Tuesday submit nominations for the post, left vacant after President Gotabaya Rajapaksa fled to Singapore and resigned. Voting is due ...

  Bloomberg Former Pakistan premier Imran Khan called for early national elections after his party swept the by-elections in the country’s most populous state, underscoring the risks the government faces as it seeks a bailout from the International Monetary Fund. Khan was ousted in April following a protracted political drama that saw Shehbaz Sharif take over as prime minister. Since ...

Bloomberg Clear dividing lines over the economy emerged as the UK’s leadership race turned personal in the second of three debates to determine who will succeed Boris Johnson as prime minister. Front-runner and former Chancellor Rishi Sunak accused Foreign Secretary Liz Truss and former Defence Secretary Penny Mordaunt, his two closest rivals, of “socialism” as he attacked their plans to ...