Crisis
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Deutsche Bank warns of Japan capital flight in echo of UK crisis
Concerns over Takaichi’s spending plans have sent government bond yields to multi-decade highs and the yen has weakened to its lowest level since January [LONDON] Sanae Takaichi’s spending plans have…
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Karoline Leavitt Blames Democrats for ‘Reckless’ Government Shutdown as Crisis Becomes Longest in US History
White House Press Secretary Karoline Leavitt delivered an explosive rebuke of congressional Democrats on Tuesday, accusing them of causing the spiralling government shutdown that has halted federal operations for more…
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Shutdown Crisis: Republicans Unveil Mystery ‘Key’ To Unlock The Federal Government
The United States federal government shutdown has spiralled from a Washington-based political failure into a national safety crisis, grounding more than 2,200 flights and crippling air travel for millions of…
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Tucker Carlson Rejects Claims Venezuela Drives U.S. Drug Crisis: ‘They’re Not Produced There, They’re Not Trafficked Through There’
Political commentator Tucker Carlson is publicly disputing claims that Venezuela is a primary source of illegal drugs entering the United States, arguing that the substances fueling the country’s overdose crisis…
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SNAP crisis looms: Des Moines food banks prepare for shutdown fallout
As the US government shutdown drags into its fourth week, anxiety is rising across Iowa over the potential suspension of the Supplemental Nutrition Assistance Program (SNAP). More than 270,000 Iowans…
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Nexperia, the new crisis looming for Europe’s carmakers
Carmakers and parts suppliers warn of shortages that could halt production lines across Europe [PARIS] European automakers already buffeted by US tariffs and a rocky shift towards electric vehicles now…
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Six Wall Street bank chiefs hold most power since global crisis
[NEW YORK] The last time every major US bank boss also led their boards, Steve Jobs was launching the first iPhone and Bear Stearns had a market value of some…
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Bolivia’s New President Faces Worst Economic Crisis In Decades
Bolivians elected Rodrigo Paz as president on Sunday, selecting the center-right senator and economist to address the country’s worst economic crisis in 40 years. Paz, 58, campaigned on slashing public…
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Brewing Crisis: Java-loving NY Confronts Soaring Coffee Costs
New Yorkers run on coffee. From high-end experimental boutique cafes to the humble sidewalk cart, millions of cups of java are sold every day. But coffee-lovers are facing increasing pain…
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Japan In Political Crisis As Coalition Collapses
Japan’s ruling coalition collapsed Friday as junior partner Komeito quit the alliance, putting in peril Sanae Takaichi’s bid to become the country’s first woman prime minister. Takaichi became head of…
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France’s Macron To Name PM To End Political Crisis
France’s Emmanuel Macron was on Friday due to pick a head of government tasked with pulling the country out of a political gridlock, in a move that staves off fresh…
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HSBC is tackling Hong Kong’s commercial real estate crisis
[HONG KONG] For those concerned with financial stability, HSBC Holdings. is doing the right thing by taking its Hong Kong subsidiary private. But its shareholders do not like it. HSBC’s…
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Merz To Host German Auto Sector Crisis Meeting
Chancellor Friedrich Merz will Thursday host crisis talks with German auto industry leaders in a bid to navigate myriad challenges, from a looming EU combustion-engine ban to growing Chinese competition.…
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Macron Seeks New PM To End France Crisis
French President Emmanuel Macron was on Thursday racing to find a new prime minister within a two-day deadline after the resignation of outgoing premier Sebastien Lecornu tipped the country deeper…