September 7, 2022
Via: ABC NewsEurope is struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep recession. The primary cause: Russia has choked off the supplies of cheap natural gas that the continent depended on for years […]
July 6, 2022
Via: ABC NewsSri Lanka is desperate for help with weathering its worst crisis in recent memory. Its schools are closed for lack of fuel to get kids and teachers to classrooms. Its effort to arrange a bailout from the International Monetary Fund […]
July 13, 2020
Via: FortuneThe fallout from coronavirus has provoked fears among the world’s wealthy, with the majority planning to curtail travel and move closer to family in a world they see permanently altered by the pandemic. More than half of respondents in a […]
April 3, 2020
Via: ABC NewsThe outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus. $4 TRILLION BILL FOR CRISIS? […]
January 9, 2019
Via: Business InsiderFitch, one of the “Big Three” ratings agencies, has warned that the continued government shutdown puts the US at risk of losing its “AAA” credit rating in the near future. Speaking in London Wednesday, James McCormack, Fitch’s global head of […]
Financial Services, Industries
December 3, 2015
Via: Business InsiderAsian Development Bank President Takehiko Nakao said on Thursday he did not expect U.S. interest rate rises to trigger a financial crisis in Asia, but the bank remains ready to lend support to vulnerable countries. The U.S. Federal Reserve is […]
October 22, 2015
Via: itCuratedEurope is in the middle of the worst refugee crisis since World War II. Around 700,000 refugees from Syria and other Middle Eastern and African nations are estimated to be arriving in Europe this year and the United Nations forecasted […]