Financial Crisis

Taliban meet with Iran delegation amid Afghan economic woes
Oct 5, 2021

Taliban meet with Iran delegation amid Afghan economic woes

Taliban leaders say they met with Iranian officials in the Afghan capital in an effort to boost trade relations key to filling the country’s cash-starved coffers as it teeters on the brink of economic collapse


Chinese developer misses payment, adding to industry strain
Oct 5, 2021

Chinese developer misses payment, adding to industry strain

A mid-size Chinese real estate developer has failed to make a $205.7 million bond payment, adding to financial strain in the industry as a bigger rival tries to avoid defaulting on billions of dollars of debt


Taliban appointments add to all-male Afghan government team
Oct 4, 2021

Taliban appointments add to all-male Afghan government team

The Taliban have doubled down on their hard-line trajectory in a third round of Afghanistan government appointments that encompassed a host of men named to deputy positions


As ruling UK Conservatives meet, businesses clamor for help
Oct 4, 2021

As ruling UK Conservatives meet, businesses clamor for help

British Treasury chief Rishi Sunak is promoising to deliver an economy based on “good work, better skills and higher wages.”


Trading of China's Evergrande shares in Hong Kong suspended
Oct 4, 2021

Trading of China's Evergrande shares in Hong Kong suspended

Shares in troubled real estate developer China Evergrande Group and its property management unit Evergrande Property Services have been suspended from trading in Hong Kong


Sep 30, 2021

Business Highlights: Wall Street's drop, natural gas prices

Business Highlights: A summary of the day’s top stories in the business world


Senate confirms Biden pick to lead consumer watchdog agency
Sep 30, 2021

Senate confirms Biden pick to lead consumer watchdog agency

The Senate has narrowly approved President Joe Biden’s pick to run the Consumer Financial Protection Bureau, giving the bureau a director who is likely to embrace an aggressive “watchdog” role


Congress halfway home in averting partial federal shutdown
Sep 30, 2021

Congress halfway home in averting partial federal shutdown

Congress took a big step toward avoiding a partial federal shutdown on Thursday when the Senate passed a bill to keep the government funded through Dec. 3


In crisis-struck Lebanon, school year is gripped by chaos
Sep 30, 2021

In crisis-struck Lebanon, school year is gripped by chaos

This fall, Lebanon's schools have been gripped by the same chaos that has overwhelmed everything else in the country in its historic economic meltdown


Sep 29, 2021

UN says Lebanon's economic crisis blights Syrian refugees

UN agencies say more than 1 million Syrian refugees in crisis-hit Lebanon live in deteriorating conditions that have left nine out of ten of them in extreme poverty



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.