Financial Crisis
Lebanon PM-designate steps down after months of deadlock
Lebanon’s Prime Minister-designate Saad Hariri says he is stepping down, nine months after he was named to the post by the parliament
Authoritarianism advances as world battles the pandemic
The coronavirus pandemic has upended life around the globe, but it has hasn’t stopped the spread of authoritarianism and extremism
Police patrol Havana in large numbers after rare protests
Large contingents of Cuban police are patrolling the capital of Havana following rare protests around the island nation against food shortages and high prices amid the coronavirus crisis
Demonstrators in Havana protest shortages, rising prices
Thousands of Cubans have marched on Havana’s Malecon promenade and elsewhere on the island to protest food shortages and high prices amid the coronavirus crisis
Syria's president decrees 50% salary hike amid harsh crisis
Syria's President Bashar Assad has issued a decree giving hundreds of thousands of civil servants and military members a 50% salary increase amid a harsh economic and financial crisis and price increases for vital products
Lebanon caretaker premier pleads for aid as crisis worsens
Lebanon’s caretaker prime minister is warning that the country is hurtling toward a “social explosion” and appealed to the international community for assistance to prevent the demise of the nation facing multiple crises
Malaysians suffering amid lockdown fly white flag for help
A white flag campaign is gaining traction to help Malaysians facing economic devastation during the coronavirus pandemic
Pope, Lebanese Christian clerics pray for end to crisis
Pope Francis has welcomed Lebanon’s Christian religious leaders to the Vatican for a day of prayer
Lebanon raises price of bread amid crippling economic crisis
Lebanon’s economy ministry has raised the price of subsidized bread for the fifth time in a year amid the tiny country’s worsening economic and financial crisis
EU chief gives initial approval to national recovery plans
European Union authorities are moving a step closer to deploying the bloc’s massive pandemic recovery fund