Birmingham’s Bankruptcy: A Sign of Western Economic Struggles
Birmingham’s bankruptcy highlights broader economic challenges in the West. Expert John Ross discusses the causes and implications for the global economy.
Economy
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15th BRICS Summit Kicks Off in South Africa with Global Implications
Dive into the highlights of the 15th BRICS Summit in South Africa, exploring key discussions and global impacts.
Spanish Gas Stations Revolt Over Govt-Backed Fuel Discounts
Spanish gas stations threaten legal action over a government-mandated fuel discount policy, citing financial strain from reimbursement delays and outdated sales data. Over 3,000 stations risk closure.
England Shortens COVID-19 Isolation Period Amid Rising Cases
England reduces COVID-19 isolation from 10 to 7 days for negative test results, aiming to balance public health and boost the economy amid record case highs.
UK Allocates $1.32B to Support Struggling Hospitality Amid COVID Surge
UK PM Boris Johnson announces a $1.32 billion support package for the struggling hospitality sector as COVID-19 cases rise, delaying stricter measures until after Christmas.
Indian Families Struggle with Rising Inflation Post-COVID
Post-COVID inflation is putting financial strain on Indian households, with rising prices of essentials and household goods forcing families to adjust their budgets.
Kabul Shopkeeper Struggles as US Freezes Afghan Central Bank Assets
Kabul shopkeeper Sadaqat faces economic hardships as the US freezes Afghan central bank assets, hindering business operations and daily transactions.
Afghan Doctor Voices Hope Amid Taliban’s Security Gains and Ongoing Struggles
Amid the Taliban’s rise, Afghan doctor Nagiyali Amarkhil highlights improved security but acknowledges ongoing economic and societal challenges, emphasizing the universal desire for health and happiness.
California Fully Reopens, Lifting Most COVID-19 Restrictions on June 15
California is set to fully reopen on June 15th, lifting most COVID-19 restrictions amid low positivity and high vaccination rates, with significant impacts on the state’s economy.
G7 Ministers Near Historic Global Tax Agreement
G7 finance ministers in London are on the brink of a historic deal to ensure large corporations pay their fair share of taxes.