Financial Crisis

IMF chief urges aggressive fight against soaring inflation
Oct 13, 2022

IMF chief urges aggressive fight against soaring inflation

The managing director of the International Monetary Fund urged global policymakers to stop inflation from becoming “a runaway train″ at a time of extraordinary economic turmoil


Oct 12, 2022

English rugby in turmoil with Wasps close to bankruptcy

The financial crisis gripping English rugby has deepened after Wasps said it was likely to enter into administration because of its debts


UK markets roiled after bank rules out extending help
Oct 12, 2022

UK markets roiled after bank rules out extending help

Britain’s economy is facing new shocks after the Bank of England ruled out extending an emergency debt-buying plan designed to stabilize financial markets – and the government tried to blame the independent central bank for the U.K.’s economic turmoil


Pound falls after UK bank chief rules out extending help
Oct 12, 2022

Pound falls after UK bank chief rules out extending help

The pound sank against the dollar after the governor of the Bank of England confirmed the bank will not extend an emergency debt-buying plan introduced last month to stabilize financial markets


Germany struggles to find housing for more than 1M refugees
Oct 11, 2022

Germany struggles to find housing for more than 1M refugees

The German government has pledged to provide more support to cities and towns struggling to house the more than 1.1 million refugees and migrants who have arrived in the country this year mostly from war-torn Ukraine but also from other countries


Israel announces sea deal with Lebanon, but doubts remain
Oct 11, 2022

Israel announces sea deal with Lebanon, but doubts remain

Israel’s prime minister says the country has reached a “historic agreement” with neighboring Lebanon over their shared maritime border after months of U.S.-brokered negotiations


Former Fed Chair Bernanke shares Nobel for research on banks
Oct 10, 2022

Former Fed Chair Bernanke shares Nobel for research on banks

This year’s Nobel Prize in economic sciences has been awarded to former U.S. Federal Reserve Chair Ben Bernanke and two other U.S.-based economists


3 US-based economists given Nobel Prize for work on banks
Oct 10, 2022

3 US-based economists given Nobel Prize for work on banks

This year’s Nobel Prize in economic sciences has been awarded to three U_S_-based economists “for research on banks and financial crises.”


Oct 10, 2022

Nobel Prize for economics awarded to 3 US-based economists 'for research on banks and financial crises'

Nobel Prize for economics awarded to 3 US-based economists 'for research on banks and financial crises'


NASCAR teams call revenue model 'broken,' warn of layoffs
Oct 7, 2022

NASCAR teams call revenue model 'broken,' warn of layoffs

NASCAR heads into Sunday's playoff elimination race with another issue to address



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.