economic crisis

The president of the Catholic Bishops’ Conference of England and Wales congratulated Liz Truss on her election as UK Prime Minister Monday, while placing special emphasis on the country’s economic woes.

Reform Party leader Nigel Farage warned that the UK is heading towards “mass business bankruptcies” and “massive unemployment”, while Jeff Bezos and Amazon reap the rewards of Prime Minister Boris Johnson’s second national lockdown. During the Chinese coronavirus pandemic, Amazon

The first quarter of the year saw a 2 per cent fall in GDP in the UK, the worst fall since the final quarter of 2008.

Sen.Barrasso said “environmental extremists,” under the leadership of Nancy Pelosi are delaying critical assistance to the American people in a time of economic crisis to pursue a “liberal wishlist.”

Amazon announced it will suspend stocking non-essential items at distribution centers to focus on “high-demand” critical items. The suspension is slated to last until April 5.

The Swedish municipality of Hässleholm, which took in nearly 3,000 asylum seekers in three years, faces an economic crisis as up to 80 per cent remain on welfare.

Another economic crisis is imminent and “warning lights are flashing,” according to presidential candidate and Massachusetts Sen. Elizabeth Warren (D-MA), who offered a plan to address the looming economic threat Monday.

Venezuelans have been crossing over the border into Brazil in search of food and medical care as Brazilian hospitals struggle to keep up with the influx of new patients.

Local councils and national welfare groups in Venezuela have confirmed an increase in parents giving away their children due to the economic crisis ravaging the country.

LONDON, Sept 30 (Reuters) – German government bond yields dropped back towards six-week lows on Friday, giving up Thursday’s oil-induced rise as concerns over the health of the country’s biggest lender resurfaced.

Connecticut – led by a Democrat legislature and governor and represented by an entirely Democrat congressional delegation – ranks as dead last among the states, owing largely to its massive debt obligations and unfunded liabilities.

DUBLIN (Reuters) – Ireland may vote its coalition government out of office in an election on Friday without backing any clear alternative, threatening a political impasse as it emerges from the euro zone debt crisis. Cast as a choice on

Venezuela’s socialist president Nicolás Maduro has replaced his vice president of economy after only a month in office. Luis Salas was considered an “alarming” nomination last month for past statements in which he asserted that “inflation does not exist.”

As investor sentiment plunges across the world, President François Hollande of France has unveiled an economic plan to deal with what he describes as his country’s “state of economic emergency”. Setting out a new €2 billion (£1.5 billion) job creation plan

According to Davos leader Klaus Schwab, an impending global economic crisis may very well provoke a tsunami of immigration into Europe that will make today’s waves of immigrants look like mere ripples.