Financial Crisis

May 29, 2019

Venezuela confirms major contraction in rare data release

Venezuela's government has made a rare acknowledgement of the severity of the country's economic crisis by publishing the first economic data in nearly four years showing a severe contraction and soaring hyperinflation


May 28, 2019

UN reveals rights abuse at thriving markets in North Korea

UN report reveals rights abuses behind thriving markets in North Korea


May 18, 2019

Argentina's Fernández announces vice presidential bid

Argentina's former President Cristina Fernández announced on Saturday her candidacy for vice president in October's general elections, a surprising move that now puts a more moderate challenger at the helm of the presidential ticket


May 11, 2019

Cuba launches widespread rationing in face of crisis

The Cuban government says it will begin rationing chicken, eggs, rice, beans, soap and other basic products in the face of a grave economic crisis


May 10, 2019

Chinese companies brace for tariff hike as trade talks begin

Chinese companies brace for tariff hike as trade talks begin


May 9, 2019

Powell says policies needed for income growth slowdown

Fed Chairman Powell says policies needed to address slowdown in income growth and upward mobility


May 9, 2019

Board extends power to cover Puerto Rico's 78 municipalities

A federal control board that oversees Puerto Rico's finances voted on Thursday to extend its power and bring all of the U.S. territory's 78 municipalities under its supervision for the first time


May 8, 2019

Trump puts deal-making credentials to test with China talks

Trump putting his deal-making persona on the line with trade deals, injecting new risk into his bid for another four years in the White House


May 6, 2019

Game of Thrones: Like many CEOs, Dany sees confidence slip

Game of Thrones: Like CEOs and world leaders, Daenerys struggles to maintain elusive 'confidence'


May 6, 2019

Lebanon stock trading suspended over central bank strike

The Beirut Stock Exchange says it is suspending trading due to the open strike declared by the employees of Lebanon's central bank



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.