Latest Financial crisis News
Former Louisiana House speaker chosen as Gov.-elect Jeff Landry's chief budget adviser
BATON ROUGE, La. (AP) — Gov.-elect Jeff Landry named his top budget chief Wednesday, selecting former Louisiana House Speaker Taylor Barras, a Republican who frequently sparred with Democratic Gov. John Bel Edwards over financial issues. Barras will help draft the incoming...
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
NICOSIA, Cyprus (AP) — Cyprus on Saturday hailed a two-notch upgrade by credit ratings agency Moody’s to bring the east Mediterranean island nation back into investment-grade territory a decade after a financial crisis left the country on the brink of bankruptcy. President Nikos...
IMF warns Lebanon that the country is still facing enormous challenges, years after a meltdown began
BEIRUT (AP) — Four years after Lebanon’s historic meltdown began, the small nation is still facing “enormous economic challenges,” with a collapsed banking sector, eroding public services, deteriorating infrastructure and worsening poverty, the International Monetary Fund warned Friday. ...
