World Jul 01 Bolivia’s economic turmoil fuels distrust in government and its claim of a failed coup By Megan Janetsky, Paola Flores, Associated Press
World Apr 19 Cuba’s parliament ratifies President Díaz-Canel for new 5-year term Cuba's National Assembly has ratified President Miguel Díaz-Canel for a new five-year term, in a decision to maintain continuity as the island faces a deep economic crisis. By Associated Press
World Mar 06 Lebanon leans on U.S. dollar as economy tanks The Lebanese pound has lost as much as 98 percent in value since late 2019, and now most restaurants and many stores are demanding to be paid in dollars to bypass what's seen as a nearly useless currency. By Kareem Chehayeb, Associated Press
World Oct 21 Watch 6:50 Financial crisis leads some in Lebanon to rob banks to access their money Lebanon's deep financial crisis is affecting every aspect of life there. There is no consistent electricity, most poor go hungry and joblessness is at record levels. With its currency nearly worthless, most keep their savings in U.S. dollars which are… By Nick Schifrin, Leila Molana-Allen
World Sep 29 UK’s Prime Minister Liz Truss defends economic plan that sent pound tumbling British Prime Minister Liz Truss has defended her economic plan that roiled financial markets, saying she's willing to make "difficult decisions" to get the economy growing. By Jill Lawless, Danica Kirka, Associated Press
Sep 28 Bank of England intervenes in market to halt economic crisis By Danica Kirka, Jill Lawless, Associated Press The move Wednesday comes after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the cost of government debt soaring. Continue reading
Jul 08 Sri Lankan police impose curfew ahead of planned protest By Bharatha Mallawarachi, Associated Press Police have imposed a curfew in Sri Lanka's capital and surrounding areas a day before a planned protest demanding the country's president and prime minister resign over an economic crisis that has caused severe shortages of essential supplies. Continue reading
Sep 09 Lebanon to start paying cash aid to poor families next month By Associated Press The move comes at a time when the government is planning to end subsidies on vital products such as fuel and some medicines that is widely expected to increase prices of most products. Continue reading
Mar 04 Anger in Lebanon as currency, prices spiral out of control By Bassem Mroue, Associated Press Protests have broken out in different parts of Lebanon with roads closed by demonstrators who burned tires amid a worsening economic crisis and lack of progress on the formation of a new Cabinet. Continue reading
Aug 03 Retail continues to falter as Lord & Taylor seeks bankruptcy By Associated Press The company last year, before the emergence of coronavirus, sold its 11-story flagship building on New York’s Fifth Avenue which it's owned for more than a century. Continue reading