Tag: Economic crisis
Evergrande Announces Debt Buyout Offer From International Creditors
The debt restructuring plan of the former number one in real estate in China, Evergrande, has been approved by its creditors. A breakthrough for the group, on the verge of…
in Goma, prices are soaring and the risk of food shortages worries the inhabitants
In eastern DRC, prices have soared since the M23 rebels took up arms again at the end of 2021. Although the armed group has withdrawn from certain localities, the main…
crisis-stricken Beirut airport expansion project sparks outcry
A project to build a new terminal at Beirut airport has raised an outcry in the country, as Lebanon is going through an unprecedented economic and financial crisis. Local and…
The European Commissioner for the Economy visits Tunisia in the face of the economic and migration crises
In Tunisia, pressure is mounting for the country to come to an agreement with the International Monetary Fund. The European Union fears a collapse of the Tunisian economy in the…
opposition wants to continue inflation protests despite ban
In Kenya, the protest continues. After the demonstration on Monday March 20, the opponent Raila Odinga called for a new rally on Monday March 27 against the high cost of…
a vote without stake in Parliament, against a backdrop of economic and social crisis
More than 8 million Cubans aged 16 and over are called to the polls this Sunday, March 26 to renew the National Assembly of People’s Power. Single party system requires,…
The Fed raises its key rate again despite the banking turbulence
The U.S. central bank (Fed) raised its rate by a quarter of a percentage point on Wednesday, seeking to balance its fight against inflation and the turmoil in the banking…
last day of negotiations with UBS bank to avoid bankruptcy
Are we going to witness the bankruptcy of the second Swiss bank? What about a potential global financial crisis? The risk is high if the Swiss banking and political authorities…
After the Covid crisis, the new challenges of world tourism
Wars, uprisings, inflation, climate change, Covid, all these world events have more or less significant repercussions on the daily life of some 7.9 billion Earthlings. And the tourism sector is…
UK unveils less bleak-than-expected budget during massive strike
London on Wednesday (March 15th) unveiled a budget focused on its aim to entice thousands of Britons back into the job market in the face of labor shortages. But faced…