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Fraudsters likely stole over $200 billion in Covid relief aid, watchdog says
Fraudsters likely stole over $200 billion in Covid relief aid, watchdog says
The Small Business Administration distributed more than $200 billion in potentially fraudulent Covid-19 relief funds, according to a federal watchdog.
2023-06-28 20:49
German govt spending plans at risk as court rules
German govt spending plans at risk as court rules
Germany's top court will decide Wednesday whether the government broke debt rules enshrined in the constitution, potentially throwing its spending plans into disarray and further...
2023-11-15 10:56
SVB Financial sues US FDIC to recover $1.93 billion
SVB Financial sues US FDIC to recover $1.93 billion
SVB Financial Group, which formerly owned bankrupt Silicon Valley Bank has sued the U.S. Federal Deposit Insurance (FDIC)Corporation
2023-07-10 11:52
Denmark has a debt ceiling, too. It's never been a problem
Denmark has a debt ceiling, too. It's never been a problem
The United States isn't the only country that puts a limit on how much money its government is allowed to borrow. But it is the only nation regularly pushed to the brink of a political and economic crisis as a result.
2023-05-10 22:19
Public debt expected to fall in most Pacific countries -World Bank
Public debt expected to fall in most Pacific countries -World Bank
By Lucy Craymer WELLINGTON Public debt in most Pacific countries is expected to fall in the next 12
2023-08-08 08:28
French Economy Unexpectedly Shrinks While Inflation Eases
French Economy Unexpectedly Shrinks While Inflation Eases
France’s economy unexpectedly shrank in the third quarter while November inflation sank more than anticipated — prompting investors
2023-11-30 16:51
Barcelona sell 120m euro share in digital platform
Barcelona sell 120m euro share in digital platform
Barcelona have sold nearly a third of shares in the club's digital platform Barca Vision for 120 million euros ($131.9m), the Spanish champions announced on Friday in a move which...
2023-08-11 23:25
Thailand Eyes India to Boost Tourism Recovery After Waiving Visa for China
Thailand Eyes India to Boost Tourism Recovery After Waiving Visa for China
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
2023-09-18 18:17
Fed’s Bostic Says More Time Needed to Ease Inflation to Goal
Fed’s Bostic Says More Time Needed to Ease Inflation to Goal
Federal Reserve Bank of Atlanta President Raphael Bostic said policymakers can return US inflation to their goal without
2023-11-10 22:48
Crisis-hit UK business lobby faces survival vote
Crisis-hit UK business lobby faces survival vote
Britain's scandal-hit business lobby group, the CBI, faces a vote crucial to its survival Tuesday, with members urged to back reform under new leadership after...
2023-06-06 15:25
Dollar firms, yen wobbles as Japan inflation holds above BOJ target
Dollar firms, yen wobbles as Japan inflation holds above BOJ target
By Ankur Banerjee SINGAPORE The dollar was steady on Friday as data pointed to U.S. labour market resilience
2023-07-21 13:53
Bond Bulls’ Faith in Stable Yields Survives Central Bank Hawks
Bond Bulls’ Faith in Stable Yields Survives Central Bank Hawks
Central banks have ramped up their hawkish rhetoric this month but for bond bulls, that’s a good thing.
2023-06-23 11:22