Tag: Financial crisis
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...
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...
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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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...
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...
In times of crises, Lebanon’s old must fend for themselves
BEIRUT — Tiny and bowed by age, Marie Orfali makes the trip five times a week from her Beirut apartment to the local church,...