Financial Crisis

Jun 6, 2020

Lebanese demonstrators gather, try to reboot mass protests

Hundreds of Lebanese demonstrators are gathered in central Beirut Saturday, hoping to reboot nationwide anti-government protests that began late last year amid a worsening economic and financial crisis


The Latest: Madrid's art museums reopen, but with rules
Jun 6, 2020

The Latest: Madrid's art museums reopen, but with rules

Masterpieces by Velázquez, Goya, and Picasso have gone back on show with the reopening of the most important art museums in Spain’s capital, Madrid, after almost three months closed because of the COVID-19 pandemic


The Latest: Book market in Red Square as Moscow opens up
Jun 6, 2020

The Latest: Book market in Red Square as Moscow opens up

Moscow residents clad in face masks and gloves have ventured into Red Square for an outdoor book market,  a small sign of the Russian capital’s gradual efforts to open up amid coronavirus concerns


The Latest: Indonesia reports nearly 1,000 new virus cases
Jun 6, 2020

The Latest: Indonesia reports nearly 1,000 new virus cases

Indonesia has reported nearly 1,000 new cases of the virus, a new single-day high for the country that brought its total caseload past 30,000, as the government unveiled a stimulus package worth $47.6 billion to anchor the virus-battered economy


The Latest: Germany stimulus to help fight future challenges
Jun 6, 2020

The Latest: Germany stimulus to help fight future challenges

German Chancellor Angela Merkel says more than a third of the stimulus package agreed by her government this week is devoted to tackling future challenges such as climate change


The Latest: Russia reports nearly 200 more virus deaths
Jun 6, 2020

The Latest: Russia reports nearly 200 more virus deaths

Russia has reported its second-highest one-day death toll from COVID-19 even as the number of new coronavirus infections remained steady


The Latest: Pakistan reports 97 more coronavirus deaths
Jun 6, 2020

The Latest: Pakistan reports 97 more coronavirus deaths

Pakistan has reported 97 more coronavirus deaths, the highest 24-hour increase to its fatalities, as authorities urged volunteers to motivate people to adhere to social distancing regulations to contain the spread of the virus


Citing jobs, Trump claims victory over virus, econ collapse
Jun 5, 2020

Citing jobs, Trump claims victory over virus, econ collapse

President Donald Trump is effectively claiming victory over the economic crisis and COVID-19 — as well as major progress against racial inequality — heartily embracing a better than expected jobs report


Wall Street's rally zooms higher after surprise gain in jobs
Jun 5, 2020

Wall Street's rally zooms higher after surprise gain in jobs

The S&P 500 jumped another 2.6% Friday after a report said the U.S. job market surprisingly strengthened last month, bolstering hopes that the worst of the recession may have already passed


Wall Street's rally accelerates after stunning jobs report
Jun 5, 2020

Wall Street's rally accelerates after stunning jobs report

Stocks are rushing higher in early trading Friday after a stunningly good report on the U.S. job market gave Wall Street’s recent rally another shot of adrenaline



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.