Tag: Financial crisis
Jordan tribes, bedrock of monarchy, on edge as economy tanks
KARAK, Jordan — Jordan has drawn a curtain of secrecy on the unprecedented public rift within its royal family, but the social tensions laid...
Pope, Lebanese Christian clerics pray for end to crisis
ROME — Pope Francis welcomed Lebanon’s Christian religious leaders to the Vatican on Thursday for a day of prayer amid fears that the country’s...
Greece: Fugitive far-right former lawmaker arrested
ATHENS, Greece — A leading member of Greece’s extreme right-wing Golden Dawn party has been arrested in Athens, nearly nine months after he disappeared...
Economic crisis, severe shortages make Lebanon ‘unlivable’
BEIRUT — Ibrahim Arab waits in line several hours a day in the hot summer sun to buy gas for his taxi.
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Gunmen take to streets in Lebanese city over economic crisis
BEIRUT — Gunmen took to the streets in the northern Lebanese city of Tripoli on Wednesday, firing in the air and at times throwing...
Uprooted again: Venezuela migrants cross US border in droves
DEL RIO, Texas — Marianela Rojas huddles in prayer with her fellow migrants, a tearful respite after trudging across a slow-flowing stretch of the...
Lebanon reduces fuel subsidies amid gasoline shortages
BEIRUT — Lebanon’s caretaker prime minister on Friday granted his approval for financing fuel imports at a rate higher than the official exchange rate,...
All big banks pass latest Federal Reserve ‘stress tests’
NEW YORK — All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday...
Can pandemic recovery plan end Italy’s years of stagnation?
MILAN — The COVID-19 pandemic hit Italy especially hard, killing more than 127,000 people and sending the European Union's third-largest economy into a devastating...
Supreme Court: Mortgage overseer structure unconstitutional
WASHINGTON — The Supreme Court on Wednesday ruled that the structure of the agency that oversees mortgage giants Fannie Mae and Freddie Mac violates...