Financial Crisis

Turkey says President Erdogan has held phone call with Russia's Putin to discuss economic ties amid market turmoil

Aug 10, 2018

Turkey says President Erdogan has held phone call with Russia's Putin to discuss economic ties amid market turmoil

World markets unnerved by Turkey's financial turmoil

Aug 10, 2018

World stock markets are down, particularly in Europe, as investors worry about the financial stability of Turkey, where the currency has nosedived.

Iranian lawmakers oust minister in victory for hard-liners

Aug 8, 2018

Iranian lawmakers have voted to sack President Hassan Rouhani's labor minister, in a victory for hard-liners opposed to the relative moderate

Brazil-Venezuela border reopens amid fight over refugees

Aug 7, 2018

One of the main border crossings between Brazil and Venezuela has reopened after a legal fight that kept it shuttered it for nearly a day

Venezuela rallies Maduro supporters after thwarted attack

Aug 6, 2018

Thousands of President Nicolas Maduro's supporters marched through Venezuela's capital Monday wearing red shirts in alliance with the nation's socialist party and cheering when leaders promised never to forgive those responsible for a thwarted attack

Brazil rushes to thwart measles outbreak from Venezuelans

Aug 6, 2018

Brazilian health workers are moving to stem an outbreak of measles being brought by Venezuelans, many famished and sick, who have fled their homeland amid economic and political turmoil

Venezuela detains 6 in failed drone attack aimed at Maduro

Aug 6, 2018

Venezuelan officials say they have detained six people for suspected roles in an attack that used explosives-laden drones in a failed attempt to assassinate socialist President Nicolas Maduro as he gave a speech

Venezuela to relax currency controls amid economic crisis

Aug 2, 2018

Venezuela's socialist government says it's relaxing strict laws that for years have limited currency exchanges, choking the economy

UK rates raised to highest since 2009 despite Brexit worries

Aug 2, 2018

The Bank of England has raised its benchmark interest rate for only the second time since the 2008 financial crisis. The central bank is weighed a strong jobs market and high inflation against growing concerns about Brexit.

Global stocks extend losses on China-US trade worries

Aug 2, 2018

World stocks are falling again on reports that the Trump administration is considering a higher tax rate on Chinese imports, increasing the stakes in the economic powers' trade war.

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