Financial Crisis

World trade forecasts slashed again amid US-China standoff

Apr 2, 2019

The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6%, due to an economic slowdown and amid a trade conflict between the United States and China

Australia plans to balance books in pre-election budget

Apr 2, 2019

The Australian government has unveiled a plan to balance the national budget next year and pay off all debt in a decade as it prepares for a general election next month

Nationwide blackouts become the norm in Venezuela

Mar 31, 2019

Power went out across Venezuela on Sunday, just as it did on Saturday, and the day before that.

Ex-pat composes concerto for Venezuela amid political chaos

Mar 31, 2019

A musical director at a Catholic school in northern Utah has composed a concerto that he says is inspired by the political chaos in his native Venezuela that has led many, including him, to flee the country

The Latest: Opposition hopes make stand in Istanbul, Ankara

Mar 31, 2019

Voters in Turkey are electing mayors for 30 large cities, and a main battleground for President Recep Tayyip Erdogan's party appears to be in the capital, Ankara

Turkish voters go to polls in critical municipal elections

Mar 31, 2019

Turkish citizens have begun casting votes in municipal elections that are seen as a barometer of President Recep Tayyip Erdogan's popularity amid a sharp economic downturn.

Survey: China's manufacturing activity ticks up in March

Mar 31, 2019

Survey: China's manufacturing activity ticks up in March

Venezuela's rival factions rally as power struggle persists

Mar 30, 2019

Venezuelan opposition leader Juan Guaido has taken his campaign for change to one of the country's most populous states, while supporters of President Nicolas Maduro held a rival demonstration in the capital after another nationwide blackout

Egypt's leader raises minimum wage by 67 percent

Mar 30, 2019

Egypt President Abdel Fattah el-Sissi says he has raised the minimum wage to 2,000 Egyptian pounds ($115.74) per month from 1,200 ($69.27), or 67 percent

Cyprus government to fight court's pay cut ruling

Mar 30, 2019

Cyprus' finance minister says authorities will act to "neutralize" an administrative court decision that declared unconstitutional cuts to government workers' salaries that were made amid a 2012 financial crisis

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