Financial Crisis

South Koreans vote in national elections amid virus fears
Apr 15, 2020

South Koreans vote in national elections amid virus fears

South Korean voters are wearing masks and moving slowly between lines of tape at polling stations to elect lawmakers in the shadows of the coronavirus


States map out reopening of economies, say crisis not over
Apr 15, 2020

States map out reopening of economies, say crisis not over

U.S. governors are starting to map out plans for reopening their economies as world leaders battling the coronavirus pin hopes on tests, technology and a coordinated approach to ease restrictions on movement that have slowed the outbreak but strangled the global marketplace


Preparing for budget crunch, conferences ask NCAA for relief
Apr 15, 2020

Preparing for budget crunch, conferences ask NCAA for relief

Five FBS conference commissioners have asked the NCAA to relax some requirements to compete in Division I for the next four years, including the minimum number of sports a school must sponsor


IMF projects Lebanon's economy will shrink 12% in 2020
Apr 14, 2020

IMF projects Lebanon's economy will shrink 12% in 2020

The International Monetary Fund projects that Lebanon’s economy will shrink 12% in 2020 amid the country’s worst economic and financial crisis in decades


A rare intervention by the US helped seal crucial OPEC deal
Apr 14, 2020

A rare intervention by the US helped seal crucial OPEC deal

As demand for fuel plummeted worldwide and the oil industry faced a devastating drop in oil prices, the U.S. took the rare move of stepping into negotiations involving the member countries of OPEC and non-members such as Russia and Mexico


IMF: Global economy will suffer worst year since Depression
Apr 14, 2020

IMF: Global economy will suffer worst year since Depression

Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says


Virtual summit: SE Asia leaders meet by video on pandemic
Apr 14, 2020

Virtual summit: SE Asia leaders meet by video on pandemic

Forced apart by the coronavirus pandemic, Southeast Asian leaders have linked up by video to plot a strategy to overcome a crisis that has threatened their economies and kept millions of people in their homes under lockdowns


Analysis: Will voters want a president who feels their pain?
Apr 13, 2020

Analysis: Will voters want a president who feels their pain?

Early polling in the general election face-off between President Donald Trump and Democrat Joe Biden reveals a gap between the two contenders when it comes to who Americans see as more compassionate to their concerns


Pope urges solidarity on an Easter of both joy, virus sorrow
Apr 12, 2020

Pope urges solidarity on an Easter of both joy, virus sorrow

Pope Francis is calling for solidarity the world over to confront the “epochal challenge” posed by the coronavirus pandemic


Economic devastation looms on a Good Friday like no other
Apr 10, 2020

Economic devastation looms on a Good Friday like no other

Christians around the world observed a Good Friday like no other, at home watching livestreams instead of at church



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.