Financial Crisis

Aug 5, 2020

Fatal quarrel among Palestinians ignites protest in Ramallah

Palestinian security officials say relatives of a top Palestinian official have rampaged through the West Bank city of Ramallah, firing into the air and at government buildings after a family member was killed in a quarrel with a Palestinian security officer


Massive Beirut blast kills more than 70, injures thousands
Aug 4, 2020

Massive Beirut blast kills more than 70, injures thousands

Lebanon's health minister says more than 70 people were killed and more than 3,000 were injured in the huge explosion that rocked Beirut


At least 50 killed, hundreds hurt in massive blast in Beirut
Aug 4, 2020

At least 50 killed, hundreds hurt in massive blast in Beirut

Lebanon's health minister says at  least 50 people were killed and over 2,700 were injured in the huge explosion that rocked Beirut


Lebanese try to storm energy ministry amid power cuts
Aug 4, 2020

Lebanese try to storm energy ministry amid power cuts

Dozens of Lebanese protesters have tried to storm the Ministry of Energy, angered by prolonged power cuts as the country grapples with a crippling economic crisis


Aug 3, 2020

Lebanon's foreign minister resigns amid economic crisis

Lebanon’s foreign minister has resigned, becoming the first Cabinet minister to step down from his post amid a severe economic and financial crisis in the country


Analysis: Often on brink, Lebanon headed toward collapse
Aug 3, 2020

Analysis: Often on brink, Lebanon headed toward collapse

Power cuts that can last up to 20 hours a day


Trump faces rare rebuke from GOP for floating election delay
Jul 31, 2020

Trump faces rare rebuke from GOP for floating election delay

President Donald Trump is facing a rare rebuke from the Republican Party for floating the possibility of delaying the November election


Record economic plunge, bleak jobs numbers reveal virus toll
Jul 30, 2020

Record economic plunge, bleak jobs numbers reveal virus toll

The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.9% annual rate last quarter


Trump floats November election delay, but it won't happen
Jul 30, 2020

Trump floats November election delay, but it won't happen

President Donald Trump is suggesting delaying the Nov. 3 presidential election as he pushes unsubstantiated allegations that increased mail-in voting due to the coronavirus pandemic will result in fraud


Contentious budget vote could push Israel toward elections
Jul 30, 2020

Contentious budget vote could push Israel toward elections

Israel’s finance minister says he will bring a short-term budget up for a vote next week, setting up a showdown between the bloated government’s main two coalition partners that could spark its dissolution only months after it was formed



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.