Summary
- Former Bangladeshi prime minister Sheikh Hasina resigns and flees to India, leading to chaos in the nation
- Bangladesh faces a need for a peaceful transfer of power to maintain stability and reputation with international financial community
- Economic downturn due to COVID-19 and financial mismanagement adds to the crisis, leading to IMF assistance
- Hasina’s exit puts pressure on India as it relied on her for security against terrorism and as a counterbalance to China’s influence