THE CENTRAL HIGHLANDS OF SRI LANKA ARE TEA COUNTRY.
Lush plantations climb the hillsides, and trucks loaded with 40-kilogram (88-pound) bales of tea leaves clatter down winding roads, bound for the port of Colombo.
But during a recent visit to the Geragama tea estate on the outskirts of Kandy, Sri Lanka's second city, few bales were going out. The country is experiencing one of the most severe economic meltdowns to strike any nation in decades, and like virtually every business, Geragama was struggling to obtain basic materials. The price of fertilizer had gone up ninefold since 2019, while electricity shortages forced it to rely on a generator for at least a few hours each day.
Esta historia es de la edición December 05, 2022 de Bloomberg Businessweek US.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 05, 2022 de Bloomberg Businessweek US.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers
