Financial Crisis

Venezuelans jittery ahead of sudden economic reforms

Aug 19, 2018

Venezuelans are bracing for dramatic economic measures the government has announced, including a more-than 3,000 percent hike in the minimum wage

Venezuela hikes wages ahead of monetary overhaul

Aug 18, 2018

Venezuelan President Nicolas Maduro raised wages for the fifth time this year while saying he's looking to establish a single exchange rate tied to the nation's fledgling cryptocurrency

Peru, Ecuador tighten requirements for Venezuela migrants

Aug 17, 2018

Two South American nations are stiffening entry requirements for the flood of Venezuelans fleeing their nation's economic and humanitarian crisis, a move that could make their plight even more arduous

Greek bailout ends, but Europe's debt problems grind on

Aug 17, 2018

Greece's bailout program is coming to an end Monday after eight years of enforced austerity, but the milestone offers little assurance that the troubled euro currency union is leaving behind its problems.

US threatens more sanctions, keeping alive Turkish crisis

Aug 17, 2018

Turkey's trade minister said Friday her country would continue to respond to sanctions from the United States

Challenged by US and market crisis, Turkey turns to Europe

Aug 16, 2018

Beset by a weak currency and tension with the US, Turkey reaches out to Europe in an attempt to shore up relations with major trading partners despite testy rhetoric and a stalled bid for EU membership

Why markets are worried about suddenly cold Turkey

Aug 16, 2018

Why are investors around the world so worried about Turkey's economy, when it's smaller than Florida's

Turkey braces for hard times amid currency crisis, US spat

Aug 15, 2018

Some Turks are reacting with defiance to their plunging currency and an escalating dispute with the United States, in an indication that they are ready to endure economic pain and risk further deterioration in a Cold War-era alliance

Fed rate policy unintentionally pressures emerging economies

Aug 15, 2018

Fed's rate policy unintentionally pressures Turkey and other developing economies

Guyana to build Venezuelan refugee settlement near border

Aug 15, 2018

Guyana says it will set up a temporary settlement for hundreds of people who have fled the economic collapse in neighboring Venezuela

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