Financial Crisis

Britain's vulnerable await PM's spending plans with anxiety
Nov 15, 2022

Britain's vulnerable await PM's spending plans with anxiety

Millions are hoping British Prime Minister Rishi Sunak finds money to help them survive a cost-of-living crisis when the government releases its spending plans Thursday


In Egypt, host of COP27, a small step toward green energy
Nov 11, 2022

In Egypt, host of COP27, a small step toward green energy

The Arab world’s most populous country is taking steps to convert to renewable energy


Facebook parent Meta cuts 11,000 jobs, 13% of workforce
Nov 9, 2022

Facebook parent Meta cuts 11,000 jobs, 13% of workforce

Facebook parent Meta is laying off 13% of its employees as it contends with faltering revenue and broader tech industry woes


UK poised to enact biggest interest rate hike in 3 decades
Nov 3, 2022

UK poised to enact biggest interest rate hike in 3 decades

The Bank of England is expected to announce its biggest interest rate increase in three decades as it seeks to beat back stubbornly high inflation fueled by Russia’s invasion of Ukraine and the disastrous economic policies of former Prime Minister Liz Truss


Former Latin American leaders urge U.S. change on Cuba
Nov 1, 2022

Former Latin American leaders urge U.S. change on Cuba

Eighteen former Latin American and Caribbean leaders have signed a letter to U.S. President Joe Biden asking the United States to remove its six-decade embargo on Cuba in the wake of devastation inflicted on the island by Hurricane Ian


Lula defeats Bolsonaro to again become Brazil's president
Oct 30, 2022

Lula defeats Bolsonaro to again become Brazil's president

Brazil’s electoral authority says that Luiz Inácio Lula da Silva of the leftist Worker’s Party defeated incumbent Jair Bolsonaro to become the country’s next president


Lebanon president leaves with no replacement, crisis deepens
Oct 30, 2022

Lebanon president leaves with no replacement, crisis deepens

President Michel Aoun has left Lebanon’s presidential palace, marking the end of his six-year term without a replacement


Brazil's Bolsonaro, Lula face off in last debate before vote
Oct 29, 2022

Brazil's Bolsonaro, Lula face off in last debate before vote

Former President Luiz Inácio Lula da Silva and incumbent Jair Bolsonaro faced off on Friday in the last debate before Brazil’s elections on Sunday


Lebanon delivers signed sea border deal to U.S. mediator
Oct 27, 2022

Lebanon delivers signed sea border deal to U.S. mediator

Lebanon has signed and delivered its copy of a U.S.-mediated sea border deal with Israel to an American mediator, and Israel was expected to sign off


Big drops in tech giants weigh on stocks in the early going
Oct 26, 2022

Big drops in tech giants weigh on stocks in the early going

Drops in big tech companies including Google's parent company and Microsoft weighed down the stock market in early trading on Wall Street



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.