Tag: Economic crisis
Bank of England announces another rate hike
The American Federal Reserve did it, the European Central Bank too, and the Bank of England has just announced in its turn a new increase in its interest rates, by…
Headlines: two years ago in Lebanon, a huge explosion devastated the port of Beirut
On August 4, 2020, the explosion sounded in a warehouse housing hundreds of tons of ammonium nitrate stored without precautions. Result: more than 200 dead and 6,500 injured. How could…
in the wake of the fall of real estate giant Evergrande, the economy is reeling
The problems follow one another for Evergrande. This time, it is a subsidiary of the former number one in Chinese real estate which can no longer honor its debts. The…
In Kenya in the middle of the election campaign, the cost of living makes you cringe
The economy is at the heart of the electoral campaign a few days before the August 9 election. William Ruto poses as the defender of ” resourceful “. Raila Odinga…
The crisis worsens in Panama
After the hopes aroused by an agreement between some of the trade unions, which denounce the high cost of living, and the government, the demonstrations and the roadblocks worsened on…
a political transition that is proving to be delicate
In Sri Lanka, nearly a week after the official resignation of President Gotabaya Rajapaksa, now in exile in Singapore, parliamentarians will elect this Wednesday, July 20 a new head of…
Antananarivo faced with a new increase in the price of the bus ticket
Bus users in the Malagasy capital find themselves in confusion and discontent. When the increase in fuel prices was announced at the beginning of the week, the authorities had indicated…
during the political crisis, the shortages worsen for the population
In Sri Lanka, the parliament met on Saturday July 16 to begin the election of a new president after the escape of Gotabaya Rajapaksa. But during this time, all the…
The French try their luck at the games to face the high cost of living
When prices rise, we sometimes turn to chance: playing scratch tickets or the lottery. To escape the high cost, more and more French people have chosen gambling to try, perhaps,…
Institutional investors are fleeing emerging markets, says Goldman Sachs
The crisis in Sri Lanka is a reminder of the vulnerability of many emerging countries, in particular to honor their debts. Goldman Sachs has estimated the amount of bond investment…