Crisis
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IMF Cuts Pakistan Economic Growth Forecast as Concerns Over ‘Deep-rooted Financial Crisis’ Grow
Pakistan worsening economic crisis, coupled with a steeply rising inflation, has increased the risk of a financial meltdown for the country, according to estimates and forecasts of global lenders including…
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Wall Street Bank Earnings Under Pressure After Crisis
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. Reuters Most Wall Street banks are likely to report…
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Analysis-Heroes Or Villains: Short Sellers’ Role In The U.S. Bank Crisis
Customers line up outside of the Silicon Valley Bank headquarters in Santa Clara, California, U.S. March 13, 2023. Reuters As First Republic Bank’s share price fell by double-digits in the…
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Pakistan Finance Minister Cancels US Trip Due To Political Crisis
Pakistan’s Finance Minister Ishaq Dar gestures during a news conference to announce the economic survey of fiscal year 2016-2017, in Islamabad, Pakistan, May 25, 2017. Reuters Pakistan Finance Minister Ishaq…
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Crisis Jolts Wall Street Bankers Already Resigned To Tough Job Market
A sign for Silicon Valley Bank (SVB) headquarters is seen in Santa Clara, California, U.S. March 10, 2023. Reuters Wall Street bankers face an increasingly gloomy job market after last…
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JPMorgan’s Dimon Says US Banking Crisis Not Over, Sees Long Repercussions
Jamie Dimon, chairman of the board and chief executive officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8,…
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Marketmind: What Banking Crisis? Ending Q1 On A High
A man walks past an electronic board showing stock visualizations outside a brokerage, in Tokyo, Japan, March 17, 2023. Reuters A look at the day ahead in Asian markets from…
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BlackRock Calls On Clients To Rethink Hedging Strategy After UK Pension Crisis
A BlackRock building is seen in New York June 12, 2009. Reuters BlackRock’s liability-driven investment business is urging some smaller UK pension fund clients to stop splitting assets across multiple…
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Futures Rise As Banking Crisis Fears Ebb, Economic Data In Focus
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 28, 2023. Reuters U.S. stock index futures climbed on Wednesday as easing…
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Bitcoin Stays Buoyant Amid Crypto And Banking Crisis
Bitcoin, the world’s first-ever cryptocurrency and the world’s largest crypto asset by market capitalization, remained afloat despite the crisis in crypto and banking industries and even after regulatory tension arose…
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US Banking Concerns Shift From Crisis To Growth Woes
A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, U.S.,…
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In Times Of Crisis, Lebanese Squabble Over Clock Change
A charity volunteer hands out pre-dawn meals in Beirut during the Muslim fasting month of Ramadan AFP Wracked by a crippling economic meltdown and political deadlock, Lebanon on Sunday added…
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‘Great Misery’: Kuwait Political Crisis Drags Down Economy
Friction between the ruling family and elected lawmakers saw the Kuwaiti parliament dissolved yet again last month AFP A seemingly never-ending political crisis is plunging oil-rich Kuwait’s economy into the…
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U.N. Hopes Water Meeting Can Create ‘Rippling Effect’ To Stave Off Crisis
Henk Ovink, Special Envoy for International Water Affairs from the Netherlands, gives an interview during the 2023 United Nations Water Conference at the United Nations in New York City, U.S.,…
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LatAm Food Crisis On The Table At Ibero-American Summit
The Dominican Republic’s is hosting a summit of Ibero-American leaders AFP Addressing a food crisis affecting a fifth of Latin America’s population featured high on the agenda of an Ibero-American…