Manage The Numbers - Financial Crisis

Financial Crisis

Jun 3, 2020

Pandemic brings 1st Australian recession in 29 years

The coronavirus pandemic has pushed Australia’s economy into recession for the first time in 29 years

Jun 2, 2020

With Italy at risk, Europe Central Bank could boost stimulus

The European Central Bank could soon be ramping up its campaign against the pandemic to more than a trillion euros

Jun 1, 2020

Supreme Court upholds Puerto Rico financial oversight board

The Supreme Court says the oversight board established by Congress to help Puerto Rico out of a devastating financial crisis can continue its work

May 30, 2020

Schools nationwide brace for cuts from new financial crisis

More than 13,000 public school districts face the possibility of sharp budget cuts as state tax revenues decline because of the COVID-19 pandemic

May 30, 2020

Trump cuts WHO funding as US economy clouds speedy recovery

Grim employment and spending numbers have darkened the prospects for a speedy recovery in the U.S. as the economic devastation from the global coronavirus pandemic continues to spread

May 29, 2020

US consumer spending sinks by record 13.6% in face of virus

U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession

May 28, 2020

Lebanon removes banking secrecy rules to fight corruption

Lebanon's state news agency says parliament has approved a law to remove decades-old banking secrecy rules in order to better fight corruption

US economy shrank at 5% annual rate in Q1

May 28, 2020

The U.S. economy shrank at an even faster pace than initially estimated in the first three months of this year with economists continuing to expect a far worse outcome in the current April-June quarter

May 28, 2020

EU pledges to stay green in recovery from coronavirus

The European Commission is pledging to keep its ecological ambition intact as it tries to bounce back from the economic crisis triggered by the coronavirus crisis

May 28, 2020

World shares mostly higher ahead of US jobless claims data

Global markets are mostly higher as investors pin their hopes on an economic rebound from the coronavirus crisis