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RUSSIA BANKRUPTCY WARNING
Satellites reveal a hidden global water crisis that could change life on EarthSatellite data reveals Earth's continents are drying at alarming rates, impacting billions and accelerating sea level rise. Four major dryi...
With output hikes, OPEC+ again targets US shale oilOPEC+ is increasing oil output, aiming to regain market share from U.S. shale producers. Previous attempts failed, but rising U.S. shale co...
This European economist says Russia could go bankrupt and run out of liquid reserves by fall of 2025; here's whyRussia’s financial future is at risk, with experts predicting the country could run out of liquid reserves by the fall of 2025. The combina...
Elon Musk rings alarm bells, says the U.S. is going bankrupt, and urges immediate action; else, the dollar’s going to be worth nothingElon Musk has issued a stark warning about America’s financial future, calling attention to the skyrocketing national debt and the risks of...
Reforms to fuel India's 8 per cent growth goal, says Nouriel RoubiniIndia is poised to become a global superpower, but must continue structural reforms to boost economic growth from 6-7% to 8%, says economis...
Wall Street ends sharply lower on fears of aggressive FedFocus is on Fed Chair Jerome Powell's speech on Friday at the central banking conference in Jackson Hole for further cues on how aggressive...
The cost of war: How Russia's economy will struggle to pay the price of invading UkraineLong-term perspectives are dire. If sanctions are maintained, Russia will be cut off from its main trading partners apart from China and Be...
Top oil producers except Mexico agree to output cuts: OPECIt was seen as the best chance of providing support to prices, which have been wallowing near two-decade lows due to the coronavirus pandem...
Rebids likely for Essar Steel to ensure IBC complianceVedanta Resources, Tata Steel, Nippon Steel, Numetal and ArcelorMittal are the five entities that submitted expressions of interest for Ess...
IBC Ordinance: End of the road for dishonest promoters, but has anyone thought of the collateral damage?Several clauses in the Ordinance would adversely affect the fortunes of companies that are genuinely looking for a second chance, experts s...
What changed for the market while you were sleepingThe US markets gained for the second time in three days after solid economic data and a 3 per cent rally in crude oil prices ensured an upt...
- GM talks with Europe break down, Chrysler future on hold
The US auto industry faced an uncertain future on Thursday after talks with Germany on the fate of General Motors collapsed in acrimony and...
- Indian financial system resilient, says former IMF chief Camdessus
Indian financial system was resisting the global economic crisis well, said the former IMF chief Michel Camdessus. US bank failures | Banki...
- US sees long road to recovery as economic gloom spreads
The US Treasury has said it would take time for the world's largest economy to begin to recover despite a massive financial bailout, amid g...
- US sees long road to recovery as economic gloom spreads
US Treasury said it would take time for the world's largest economy to recover despite a massive financial bailout.
- Crisis threatens to burst Russia's property bubble
Only a few months ago, billionaire Sergei Polonsky, the developer behind an array of gleaming Moscow skyscrapers, seemed invulnerable.
- Iceland close to bankruptcy on meltdown fears
The country's top four banks now hold foreign liabilities in excess of $100bn, debts that dwarf Iceland's GDP of $14 bn. Top banking crises...