Financial Crisis

Draghi stepped in during euro's darkest hour

Oct 28, 2019

Mario Draghi is widely credited with rescuing one of the Europe Union's most precious projects _ its 20-year-old single currency _ from disaster with a well-timed phrase and actions to back up his words

Lebanese president vows reforms as protests engulf country

Oct 24, 2019

Lebanese president vows reforms as protests engulf country

Lebanon's government scrambles to respond to mass protests

Oct 21, 2019

Protesters have closed major roads around Lebanon ahead of a Cabinet meeting that is scheduled to discuss a rescue plan for the country's crumbling economy

Greek fashion firms revitalize centuries-old silk tradition

Sep 29, 2019

Greece's financial crisis nearly snuffed out the country's centuries-old silk manufacturing tradition, but the end of the crippling recession has raised demand for fashion products and silk produced by a remote border town

Russia's Putin hosts Venezuelan leader Maduro for talks

Sep 25, 2019

Russian President Vladimir Putin is meeting Venezuela's leader in Moscow amid the ongoing political crisis in the South American nation

Markets Right Now: Stocks slip on consumer confidence drop

Sep 24, 2019

Stocks are lower at midday on Wall Street Tuesday as a sharp drop in a reading on U.S. consumer confidence outweighs optimism surrounding U.S.-China trade negotiations

The Latest: British PM questions Thomas Cook bosses' pay

Sep 23, 2019

Prime Minister Boris Johnson says a "huge effort" is underway to bring home British tourists and passengers stranded abroad by the sudden collapse of travel company Thomas Cook

Japan central bank stands pat after Fed rate cut

Sep 19, 2019

Japan's central bank has opted to keep its monetary policy unchanged despite growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate

EU vows to help Colombia handle Venezuela migration crisis

Sep 12, 2019

The European Union is vowing to help Colombia respond to the massive exodus of Venezuelans fleeing their nation's economic and political crisis

Trump's North Carolina rally to be a test for his clout, GOP

Sep 9, 2019

President Donald Trump's rally in North Carolina will be more than just a measure of his clout in trying to elect a Republican to a key House seat

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.