Financial Crisis

Fed survey finds businesses worried by political uncertainty

Jan 16, 2019

Fed survey cites rising concerns about stock market volatility and political uncertainty

Judge opens hearing on major Puerto Rico debt restructuring

Jan 16, 2019

A court hearing on a major restructuring of Puerto Rico's mammoth debt has opened, with protesters warning the deal would further indebt the U.S. territory and supporters arguing it would secure funds urgently needed by the government urgently

Board seeks to invalidate $6B worth of Puerto Rico's debt

Jan 15, 2019

A federal control board that oversees Puerto Rico's finances is asking a court to invalidate more than $6 billion worth of debt issued by the U.S. territory, a move that would hit bondholders

Venezuela opposition tries luring soldiers away from Maduro

Jan 15, 2019

Opposition lawmakers in Venezuela aim to pry the military's loyalty away from President Nicolas Maduro, offering protection for members of the armed forces who support a transitional government

Stocks edge up on Chinese growth plan, ahead of Brexit vote

Jan 15, 2019

Global stock markets are mostly higher after Chinese officials set out plans to support the world's second-biggest economy through a slowdown and trade war with the U.S.

Zimbabwe's president in Russia to meet Putin and seek loans

Jan 15, 2019

The president of Zimbabwe, whose country is facing its worst economic crisis in a decade, is visiting Russia in hopes of securing long-term loans

China to cut taxes, keep policy flexible to counter slowdown

Jan 15, 2019

China to cut taxes, keep policy flexible to counter slowdown

Zimbabwe army deploys to disperse fuel protests, 13 injured

Jan 14, 2019

Zimbabwean soldiers deploy to some areas amid violent protests over fuel hikes; several people shot

Chinese exports to US sank last month as tariffs took a toll

Jan 14, 2019

China's 2018 trade surplus with US hits record high $323.3 billion but December exports fall as Trump tariffs start to depress demand

Zimbabwe president doubles price of gas as fuel crisis bites

Jan 13, 2019

Zimbabwe's president has more than doubled the price of gasoline, hoping the increase will end severe shortages that are fueling public anger

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