Crisis
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UN Warns Of 3,000 Pregnant Women In Peril As Gang Crisis Brings Haiti To ‘Standstill’
Up to 3,000 pregnant women in Haiti risk losing access to crucial health care, the UN warned Friday, as humanitarian conditions in capital Port-au-Prince continued to deteriorate. Gang violence engulfed…
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Red Cross Warns Of ‘Immense Crisis’ In DR Congo
The Red Cross on Friday said clashes in the Democratic Republic of Congo had triggered an “immense” crisis that risked going unnoticed and appealing for nearly $60 million to provide…
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Red Sea crisis could fan Asia’s inflation anew, delay rate cuts
ASIA could see slower economic growth and a resurgence of inflation as escalating violence in the Red Sea snarls shipping between the region and their trade partners in the US…
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Veteran Aid Worker Says Gaza Crisis ‘Worst’ Of His Career
Veteran aid worker Jean-Pierre Delomier said he has seen it all responding to conflicts and disasters worldwide over the decades, but the Gaza war is by far “the worst”. Returning…
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Senegal Should Vote At End Of March After Weeks Of Crisis
Senegalese voters should finally head to the polls at the end of March, following a string of announcements late Wednesday marking the latest twist in weeks of crisis triggered by…
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Budget Crisis Forces UK’s Birmingham Towards Service Cuts, Tax Hikes
Councillors in the UK’s second-largest city Birmingham were poised Tuesday to approve tax hikes and deep cuts to public services that could include axed arts funding and reduced rubbish collection,…
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Biden Announces US Military Airdrop For Gaza Aid Amid Humanitarian Crisis
U.S. President Joe Biden has announced a new initiative to conduct the first-ever US military airdrop of essential supplies into Gaza. The decision comes in response to the tragic events…
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Yanlord records H2 loss of 2 billion yuan; FY23 ‘exceptionally unusual’ with China’s real estate credit crisis, CEO says
CHINESE property developer Yanlord Land Group sank into the red with a net loss of two billion Chinese yuan (S$378.9 million) in the fiscal second half ended Dec 31, 2023,…
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US-Mexico Border Crisis: President Biden Mulls Executive Action To Tighten Asylum Rules
President Biden is contemplating executive action that could bar individuals crossing into the United States illegally from claiming asylum. The executive action under consideration by Biden comes at a time…
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Colombia Blames ELN Rebels For ‘Unnecessary Crisis’ As Talks Stall
Colombia’s government on Wednesday blamed the ELN guerrilla group for unnecessarily prolonging the country’s decades-old armed conflict by putting on hold ongoing peace negotiations. The ELN, or National Liberation Army,…
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Navigating China’s Real Estate Crisis: HSBC Reports Significant Quarterly Profit Drop
HSBC Holdings PLC, the biggest bank in Europe by market value, revealed a substantial 80% plunge in pretax profit for Q4 2023. The sharp decline is primarily attributed to major…
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‘Starving’: Sudan Aid Workers Sound The Alarm Over Spiralling Crisis
Sudanese aid worker Shakir Elhassan and his family were among millions forced to flee their homes and former lives after war broke out last year in Sudan. Some 10 months…
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German property bank’s investor turns short seller as crisis deepens
AN INVESTOR-turned-short seller in Germany’s embattled Pfandbriefbank on Friday (Feb 16) told the company to come clean on the extent of its problem real-estate loans or risk being sucked into…
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Commercial property crisis ensnares Deutsche Pfandbriefbank as S&P downgrades rating
BONDS of Deutsche Pfandbriefbank (PBB) tumbled deeper into distressed territory on Thursday (Feb 15) after S&P Global Ratings downgraded the German lender citing its high exposure to the beleaguered US…
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New York City Sues YouTube, Instagram, Facebook Over Youth Mental Health Crisis
New York City filed a lawsuit against social media giants Facebook, Instagram, YouTube, Snapchat and TikTok on Wednesday, accusing them of contributing to a “nationwide youth mental health crisis” by…
