Financial crisis

Russian officials are warning Putin of an economic crisis this summer, reports say, as his war in Ukraine becomes too big to fail.

President Vladimir Putin shows no intention of ending his war in Ukraine, with the Kremlin's finances growing dire and oil…

3 weeks ago

The $38 trillion national debt will soon grow faster than the U.S. economy, a watchdog warns

The United States' national debt has reached an unprecedented milestone, hitting 100% of gross domestic product (GDP) and putting the…

1 month ago

Popular vodka brand files for Chapter 7 bankruptcy

After the end of the Covid-19 pandemic, the spirits industry has faced financial problems that continue to mount. Among the…

1 month ago

Cuba braces for aftershocks after US seizes oil tankers linked to Venezuela surge

HAVANA (AP) — As the U.S. seizure of Venezuela-linked oil tankers escalates, concerns have grown in Cuba about whether the…

2 months ago