California Wildfires’ $20B Cost Could Trigger US Financial Crisis
California wildfires have cost over $20 billion and are straining the US home insurance industry, potentially leading to a financial crisis similar to 2008.
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UN Reports First Global Rise in Extreme Poverty in 20 Years
The UN’s World Social Report 2024 reveals a troubling rise in extreme poverty for the first time in 20 years, highlighting deep structural challenges and growing global inequality.
Devastating Fuel Tanker Explosion in Nigeria Claims Over 150 Lives
A tragic fuel tanker explosion in northern Nigeria has killed at least 147 people, worsening the nation’s severe economic crisis.
Ruchir Sharma Highlights Capitalism’s Growing Crisis
Ruchir Sharma, chair of Rockefeller International, discusses the current crisis in capitalism, highlighting government overreach and widening income inequality impacting global economies.
Yanis Varoufakis: Navigating Europe’s Economy and China Relations Amid Crisis
Former Greek Finance Minister Yanis Varoufakis discusses Europe’s economic challenges, de-risking from China, and the Belt and Road Initiative in an exclusive interview.
Global Hunger on the Rise: A Crisis Beyond Developing Nations
Global hunger is rising, affecting 828 million people in 2021. Beyond developing nations, countries like the UK and Brazil are also struggling with food insecurity.
24-Hour Strike Halts Greece’s Largest Port Amid Worker Protests
A 24-hour strike at Greece’s largest port, Piraeus, halts operations as workers protest job insecurity and stagnant wages amid rising inflation and tourism.
Inside Sri Lanka’s Historic Protests: Voices from the Presidential Palace
Sri Lanka’s historic protests reveal citizen fury over economic collapse, with demonstrators occupying government buildings to demand leadership accountability and systemic reforms.
Sri Lanka Protests Intensify: National TV Broadcast Interrupted
Sri Lanka’s national TV network goes dark as protesters storm broadcaster during live transmission, escalating demands for government action amid economic collapse.
Sri Lanka Faces Default as Economic Crisis Deepens, Fuel Supplies Dwindle
Sri Lanka edges closer to default as inflation soars and fuel shortages spark nationwide unrest. The country faces its worst economic crisis in decades.
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