Financial Crisis

The Latest: Greek beach bar fined as tourist season to open
Jun 11, 2020

The Latest: Greek beach bar fined as tourist season to open

Greek municipal authorities say operators of a beach bar near Athens have been fined 20,000 euros ($22,600) and had their license suspended for two months after hundreds of revelers allegedly packed into the site late Wednesday in violation of government health restrictions


Syria's Assad fires his PM amid worsening economic crisis
Jun 11, 2020

Syria's Assad fires his PM amid worsening economic crisis

Syrian President Bashar Assad has fired his prime minister a month ahead of elections as the economic crisis worsens and public anger rises in the territory under his control


Jun 11, 2020

Syrian President Bashar Assad fires his prime minister a month ahead of elections as country's economic crisis worsens

Syrian President Bashar Assad fires his prime minister a month ahead of elections as country's economic crisis worsens


Pence to kick off 'American Comeback' tour in Pennsylvania
Jun 10, 2020

Pence to kick off 'American Comeback' tour in Pennsylvania

Vice President Mike Pence will make an appearance at a manufacturing plant near Pittsburgh on Friday as part of a new campaign effort showcasing the nation’s economy making a comeback


Zimbabwe names people who escaped filthy quarantine centers
Jun 10, 2020

Zimbabwe names people who escaped filthy quarantine centers

Authorities in Zimbabwe have started publicly naming people who have escaped from quarantine centers and urging the public to report them to prevent the spread of the coronavirus


'We need help': Small cities face fiscal calamity from virus
Jun 10, 2020

'We need help': Small cities face fiscal calamity from virus

Unfilled potholes, uncollected trash, un-mowed grass and, most significantly, fewer cops on the street are some of what the city of Allentown, Pennsylvania, says it’s facing unless Washington helps it plug a multimillion-dollar budget hole left by the pandemic


Greece raises $3.4 billion in 10-year bond issue
Jun 9, 2020

Greece raises $3.4 billion in 10-year bond issue

Greece has raised 3 billion euros ($3.4 billion) in its third bond issue of the year, managing to wrap up most of its annual borrowing needs before the end of the first half


The Latest: School by summer off for young English students
Jun 9, 2020

The Latest: School by summer off for young English students

The British government has abandoned plans to have all younger children return to school in England before the summer holidays after school principals raised concerns about coronavirus-related social distancing requirements


Portugal finance chief and eurogroup chair quits government
Jun 9, 2020

Portugal finance chief and eurogroup chair quits government

Finance Minister Mario Centeno is stepping down from the Portuguese government


The Latest: Cyprus ends COVID-19 commercial flight ban
Jun 9, 2020

The Latest: Cyprus ends COVID-19 commercial flight ban

An Israeli plane with 22 passengers aboard has become the first commercial flight to touch down at Cyprus’ main Larnaca airport after the east Mediterranean country re-opened its airports



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.