Jul 02 Lebanese major retailers to shut down amid economic crisis By Sarah El Deeb, 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. Continue reading
May 08 Watch 6:41 The U.S. economic crisis is even worse than it appears. Here’s what government can do 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… Continue watching
Mar 16 Watch 5:37 Why COVID-19 could be the ‘last straw’ for Lebanon’s fragile economy 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 --… Continue watching
Jan 10 Watch 4:54 Venezuela’s Maduro begins second term amidst an economic crisis 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… Continue watching
May 06 Watch 8:24 Puerto Rican economic disaster leaves residents struggling By PBS News Hour For years, the Puerto Rican economy has been in decline, and the U.S. territory is now on the brink of disaster, with $72 billion of overall debt and an unemployment rate twice that of the mainland. As the island’s government… Continue watching
Aug 22 Photos: Venezuelans contend with food, medicine shortages, as low oil prices cripple economy By Kenzi Abou-Sabe Amid Venezuela's ongoing economic crisis, protests this month in the nation's capital over shortages of medicine and basic supermarket necessities have spotlighted the ripple effect of the falling price of oil, the country's main export. Continue reading
Jul 07 Watch 8:04 Why the Greek crisis is a matter of life and death for some By PBS News Hour Greece traditionally has had a low suicide rate, but over five years of austerity, the country has seen an increase in the number of people taking their own lives. And if the crisis gets worse, the number of suicides and… Continue watching
Jul 05 ‘No’ supporters celebrate as Greek voters reject bailout By News Desk Greeks have voted overwhelmingly to reject bailout terms offered by Greece's international creditors… Continue reading
Mar 24 Why Greece should follow Germany’s walk, not its talk By Mariana Mazzucato Europe still hasn't learned its lesson, argues author and economist Mariana Mazzucato in today's Making Sen$e column. National governments continue to focus on cutting spending instead of investing in the kinds of public sector spending that have bolstered Europe's strongest… Continue reading
Feb 23 Watch Transcripts reveal Fed reactions during 2008 economic crisis By PBS News Hour Federal Reserve Board transcripts from 2008 released on Friday give a behind-the-scenes look at how the nation’s central bankers reacted to the global financial meltdown. Hari Sreenivasan speaks with the Wall Street Journal’s Jon Hilsenrath about what new insight these… Continue watching