financial crisis

Since July 2023, people’s tables in the Iranian province of Sistan and Baluchistan have become increasingly empty. Now, people can no longer afford basic staples like flour.…

Lebanon slid deeper into crisis on Wednesday when Hezbollah and its allies thwarted a bid by their rivals to elect a top IMF official as president, sharpening sectarian tensions…

Long-time political kingmaker Bola Tinubu is set to be sworn in as Nigeria’s new president on Monday, as Africa’s most populous nation navigates a sea of economic troubles and…

Issued on: 01/05/2023 - 10:33 US financial authorities have taken possession of California's troubled First Republic…

Issued on: 26/03/2023 - 17:21 Swiss financial regulator Finma is probing how to hold bosses at Credit Suisse to account…

Issued on: 20/03/2023 - 03:43 Signature Bank was the second bank to fail in this recent banking crisis, just 48 hours…

Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging…

Issued on: 14/03/2023 - 07:15 Asian markets sank Tuesday, with banks bearing the brunt of the selling on fears of…

The US government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring all depositors at…

Issued on: 10/03/2023 - 19:10 California banking regulators on Friday closed SVB Financial Group, the largest bank…