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.
By Bassem Mroue, 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.
By Associated Press
Major retailers in Lebanon announced they will temporarily close in the face of an increasingly volatile currency market and their inability to set prices while the Lebanese pound plunges against the dollar.
By Sarah El Deeb, Associated Press
A new jobs report details a picture of devastating national unemployment not seen since the Great Depression. Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and former assistant secretary of the treasury, joins Judy Woodruff to discuss why…
For years, Lebanon’s financial practices have been unsustainable and its economy lagging. The country has one of the highest levels of debt per capita in the world. Now the foundation of Lebanon’s financial house of cards is giving way --…
Nicolas Maduro has been sworn in for a second term as Venezuela’s president amidst an economic crisis. In what used to be Latin America's wealthiest country, inflation has soared, clean water and electricity are in short supply and millions of…
By PBS NewsHour
For years, the Puerto Rican economy has been in decline, and the U.S. territory is now on the brink of disaster, with $72 billion of overall debt and an unemployment rate twice that of the mainland. As the island’s government…
Amid Venezuela's ongoing economic crisis, protests this month in the nation's capital over shortages of medicine and basic supermarket necessities have spotlighted the ripple effect of the falling price of oil, the country's main export.
By PBS NewsHour
Greece traditionally has had a low suicide rate, but over five years of austerity, the country has seen an increase in the number of people taking their own lives. And if the crisis gets worse, the number of suicides and…
Support Provided By: Learn more
Educate your inbox
Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else.