The European Commission has proposed a massive €750 billion (£673bn/$825bn) Wuhan coronavirus bailout package as many across Europe have begun to question the European Union itself.
Norway’s airline Norwegian Air has calmed fears of bankruptcy with new major investments, including one from a corporation linked to the Chinese Communist Party (CCP).
Pakistani Prime Minister Imran Khan on Monday called upon wealthy nations to finance a more extensive rescue package for developing economies in the wake of the coronavirus pandemic.
“How ugly a thought,” Cuomo said. “Just think of what he’s saying.”
Almost three-in-five Democrats want taxpayers to bail out the poverty-stricken communities of illegal immigrants whom they welcomed into the United States, according to an April poll by Ipsos.
U.S. Postmaster General Megan Brennan told a House committee last week that the Postal Service could ‘collapse’ in the wake of the coronavirus pandemic.
A leaked recording of a Kennedy Center conference call reveals employee layoffs were planned before a $25 million bailout from Congress.
The National School Transportation Association demands Congress either require ongoing funds from school districts or a $2.8 billion bailout.
President Trump called on CEOs not to buy back their company stock with federal bailout money, and almost right on cue, Joe Biden called for the same thing soon afterward.
Both the French and Italian governments are considering measures to stem the economic effects of the coronavirus outbreak, including possible nationalisation of major airlines.
The U.S. airline industry is seeking a $50 billion aid package to weather the coronavirus outbreak, according to Airlines for America.
Despite media reports, the oil and gas industry does not seek a bailout in the wake of the coronavirus outbreak.
The Washington Examiner reported Thursday that Rosemont Capital, a company led by Hunter Biden’s business partners, received $130 million in federal bailout loans while Joe Biden was in office as vice president in 2009.
Speaker Pelosi 2.0, offers a do-nothing, tax-and-spend Congress, whose agenda will be to remove Trump — by impeachment if possible, by election if necessary.
Breitbart News Senior Editor-at-Large Peter Schweizer, president of the Government Accountability Institute and author of the best-selling book Clinton Cash, appeared on Thursday’s Breitbart News Daily to give a status report on President Trump’s efforts to “drain the swamp” of Washington corruption.
Capitol Hill conservatives are trying to regroup after Speaker Paul D. Ryan (R.-Wis.) agreed to a plan with President Barack Obama and Minority Leader Nancy Pelosi (D.-Calif.) to put the severely debt-addled territory Puerto Rico into a congressionally-managed receivership.
The insurance division of Pittsburgh-based Highmark Health is pressing a $223 million lawsuit against the federal government, seeking partial reimbursement of a vast sum it lost on the ObamaCare exchanges, plus interest and legal expenses.
The Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) is a bill in the U.S. House of Representatives that would, very broadly speaking, allow Puerto Rico to cancel nearly half of its $72 billion debt, in exchange for surrendering much control over its fiscal affairs to an independent financial control board.
The Obama administration is siding with Speaker Paul Ryan on how to properly identify the Puerto Rico rescue legislation currently under consideration by the House of Representatives.
Ted Cruz reacted to the recent attacks from his Republican presidential opponent Donald Trump yesterday in an interview with talk radio host Mark Levin.
When America’s largest insurance provider, UnitedHealth Group, announced disastrous losses due to ObamaCare and started talking about exiting from the program last week, I wondered if they, along with other companies grumbling about ObamaCare red ink, might be looking for a bailout.
The newly elected conservative government of Portugal is at risk of being toppled just 11 days after taking office. The President has warned that, were that to happen, Portugal will be “uncontrollable”. Portugal shows striking signs of following Greece down the
According to the Michigan Treasurer and Emergency Manager for Detroit Public Schools, the schools are set to run out of cash soon and are in need of a hefty state bailout.
Greeks are getting around what is delicately described as a “liquidity problem”—i.e. no money—by bringing back the barter system. It even has an Information Age twist: a bartering website with its own virtual currency system, and thousands of users.
In a televised address to his people, he said he had a moral duty to resign, because he was elected (just over half a year ago!) as a staunch opponent of the austerity measures he now believes it necessary to impose, in order to keep Greece in the Euro and secure its future.
Greek Prime Minister Alexis Tsipras of the socialist Syriza party will reportedly step down and call for snap elections on September 20, rocking his already crisis-riddled nation with fresh wave of political turmoil. A formal announcement of his resignation is expected Thursday afternoon, along with a televised address to the Greek people.
In a very long piece on former Greek finance minister Yanis Varoufakis in the New Yorker, the former head of the nation’s economy admits to being surprised both by the Greek people’s rejection of an austerity deal and the Prime Minister’s acceptance of one.
One of the terms of Greece’s bailout deal involves selling off government monopolies and privatizing their operations.
The Greek stock market was shut down five weeks ago, as the nation spiraled into an economic and political crisis, facing its final debt showdown with European creditors. The market just concluded its first day of trading since the shutdown, and the outlook is grim: the market lost 16.2 percent of its value on the first day back in business.
The effort to relieve, or bail out, the U.S. commonwealth of Puerto Rico from its current economic struggles has just received a big boost from the Obama administration.
