Millions of Syrians call Turkey home. An economic crisis is turning them into scapegoats By Gul Tuysuz, CNN Updated 7:16 AM ET, Thu August 8, 2019 Istanbul (CNN) Bahaa, a 33-year-old Syrian textile worker, has a new morning commute. Every day, he makes his way to a workshop […]
Lebanon Newspaper devotes entire issue to ‘wake-up call’ for the country. “Wake Up” Before Its Too Late! That could apply to the whole world. By Tamara Qiblawi, CNN Updated 10:36 AM ET, Thu August 8, 2019 Beirut, Lebanon (CNN) Lebanon’s leading English language daily newspaper published a blank issue […]
India’s car market just had its worst month in 18 years. 1 million jobs are at risk By Rishi Iyengar, CNN Business Updated 12:24 PM ET, Tue August 13, 2019 New Delhi (CNN Business) Just two years ago, India’s huge car market was booming and global players were rushing to invest. Now […]
India’s central bank cuts rates to 9-year low as economy stumbles. Fourth time this year that rates have been slashed. Economy still stumbling. By Rishi Iyengar, CNN Business. Updated 7:54 AM ET, Wed August 7, 2019 New Delhi (CNN Business) India’s central bank has cut interest rates for a fourth time this […]
Pakistan Suspends Trade With India Archana Chaudhary and Sarah Jacob. Bloomberg•August 8, 2019 Pakistan downgraded diplomatic relations and suspended bilateral trade with India after New Delhi revoked seven decades of autonomy for the disputed Muslim-majority state of Kashmir. Prime Minister Imran Khan’s government on Wednesday announced a series […]
South Africa’s finances are in bad shape. It’s running out of time to fix them. August 6, 2019 The Conversation. South Africa’s public finances are in a perilous state. There are four main reasons for this. First, economic growth is low or non-existent. Second, tax revenue collection is repeatedly below forecasts. […]
Zimbabwe’s children suffer from country’s economic crisis. $50/month salaries. 5 million people food insecure. 150,000 children need welfare. 175% inflation. What do we know about the number Five (5)? FARAI MUTSAKA. Associated Press•August 11, 2019 HARARE, Zimbabwe (AP) — It is only a few hours since Zimbabwe’s schools […]
Zimbabwean opposition plans demonstrations over economy. ‘A measure of wheat for a penny.’ Reuters•August 6, 2019 HARARE (Reuters) – Zimbabwe’s main opposition party is planning street demonstrations to protest against the government’s handling of the economy, which is mired in its worst crisis in a decade and has […]
Zimbabwe Reaches ‘Tipping Point’ as Inflation Blacked Out Antony Sguazzin, Prinesha Naidoo and Ray Ndlovu. Bloomberg•August 4, 2019 (Bloomberg) — Zimbabwe’s finance minister responded to the country’s worsening economic crisis last week by blacking out inflation statistics for the next six months, boosting the price of the little […]
Emmanuel Macron nightmare as production plummets in France in threat to euro EMMANUEL MACRON’s plan to boost French growth and reduce the budget deficit faces a further setback, as the latest figures reveal industrial production has plummeted in the second quarter. By EMILY FERGUSON PUBLISHED: 12:57, Sat, Aug 10, 2019 | […]
