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POSTAL SERVICE CRISIS
Collapse fears grow: USPS pauses payments and shares key Social Security detailsUSPS financial crisis deepens as the United States Postal Service faces over $118 billion losses since 2007, raising urgent stability conce...- Gas prices explode across the US, now at a 4-year high — who’s paying nearly $6 a gallon and where can you still find the cheapest fuel right now?Gas prices in the US have jumped above $4 a gallon for the first time since 2022. According to AAA, the national average is now $4.02, up m...
- Canada Post workers to strike on Friday amid financial freefallCanada Post strike: Canada Post is on the brink of a nationwide shutdown. The Canadian Union of Postal Workers issued a strike notice. This...
- Is Canada Post on the verge of shutting down? Here's what Commissioner William Kaplan saysA new Industrial Inquiry Commission report warns that Canada Post faces an existential crisis and potential insolvency without immediate, s...
- 30% levy on US-bound goods: Shein, Temu retailers are latest casualties of trade warApart from imposition of tariffs, Washington has revoked the de minimis rule for China. Under this regulation, small packages with a declar...
- India aims to clock $2 trillion goods and services exports by 2030India aims to clock $2 trillion goods and services exports by 2030 amid the Red Sea crisis and two ongoing wars.
- Riot Fest 2023: See the impressive line-upThe Rt Fest is back. The festival, which will be held from September 15 to 17, will have headliners, such as The Posiotal Service, Foo Figh...
- 'Visionary decisions like demonetisation saved Indian economy, broke backbone of terror funding'Noting that India is a leading country in terms of digital payments, Naqvi said the government's "Digital India" campaign has ensured econo...
- Indian Postal Department celebrates superstar Kiccha Sudeepa. Here's how and whyThe Indian Postal Department has decided to launch a special postal envelope to celebrate actor Kiccha Sudeep’s 25 great years in the film ...
- UK inflation hits new 40-year high of 9.1% in MayThe rate edged higher to 9.1 percent in May from 9.0 percent in April, remaining at the highest level since 1982, the Office for National S...
- Mamata Banerjee questions Covid-19 vaccine price disparityWhile responding to a question during a press conference over vaccine prices, Banerjee said, “I will write a letter to the Centre for its i...
- What a Joe Biden win could mean for financial policyA Biden administration would likely halt the Trump plan to release housing finance giants Fannie Mae and Freddie Mac from government contro...
- What a Joe Biden win could mean for financial policyThe pandemic has shone a harsh spotlight on America's racial and wealth inequalities, galvanizing Democrats to use a range of policy levers...
- US House passes bill to reverse changes to postal service ahead of November electionsPresident Donald Trump urged a no vote, including in a Saturday tweet, railing against mail-in ballots expected to surge in the COVID-19 cr...
- Postal employees to get Rs 10 lakh compensation in case they succumb to COVID-19"In the context of COVID-19 situation, it has been decided to extend payment of compensation of Rs 10 lakh to all postal employees, includi...
- Air India floats tender to sell Boeing-737 freightersAir India has floated a global tender for the sale of six Boeing 737 freighters, virtually bringing the curtains down on its plan to launch...
- EU mulls plan to boost bank capitalEuropean Union officials are working on plans to boost bank capital to contain the euro-region’s debt crisis, the IMF said.
- Swedish CEO says he will work for freeLars G Nordstrom isn't the only CEO being criticized these days for earning too much money during the world financial crisis. But he may be...
- OECD countries take aim on tax havensRepresentatives of 20 of the world's leading economies meet Tuesday to discuss how to crack down on so-called tax havens.
- Japan's postal system set for a new inningsMove over Wall Street giants, here comes Japan’s post office.
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