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Tag: Financial crisis

SCUSD Superintendent Lisa Allen to resign amid financial crisis, source says

February 5, 2026February 5, 2026 · Sacramento, California Local News

Sacramento City Unified School District Superintendent Lisa Allen will resign from her position, as the district faces a financial crisis that could lead to a state takeover.KCRA 3…

Read more SCUSD Superintendent Lisa Allen to resign amid financial crisis, source says
To Put a Stop to Siphoning off Money, Start with Data

To Put a Stop to Siphoning off Money, Start with Data

October 4, 2024October 5, 2024 · World News

Illicit financial flows. Credit: IPS Opinion by Khalid Saifullah (new york) Friday, October 04, 2024 Inter Press Service NEW YORK, Oct 04 (IPS) – Khalid Saifullah, Fellow, Save Bangladesh…

Read more To Put a Stop to Siphoning off Money, Start with Data
The Global South in the New Cold War

The Global South in the New Cold War

September 11, 2024September 11, 2024 · World News

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, September 11, 2024 Inter Press Service KUALA LUMPUR, Malaysia, Sep 11 (IPS) – Marginalised and dominated economically by the Global…

Read more The Global South in the New Cold War
African Development Bank chief criticizes opaque loans tied to Africa’s natural resources

African Development Bank chief criticizes opaque loans tied to Africa’s natural resources

March 12, 2024March 12, 2024 · Finance

LAGOS, Nigeria — The head of the African Development Bank is calling for an end to loans given in exchange for the continent’s rich supplies of oil or…

Read more African Development Bank chief criticizes opaque loans tied to Africa’s natural resources
Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds

Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds

February 2, 2024February 2, 2024 · Real Estate

Sneksy | E+ | Getty Images Rent prices are coming down in some areas, but not at the pace needed to relieve tenants struggling to pay rent. Half…

Read more Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds
The Global South in the New Cold War

World Bank Enables Private Capture of Profits, Public Resources

December 20, 2023December 20, 2023 · World News

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, December 20, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Dec 20 (IPS) – The World Bank insists commercial finance is…

Read more World Bank Enables Private Capture of Profits, Public Resources
The Global South in the New Cold War

Rich Nations, IMF Deepen World Stagnation

December 13, 2023December 13, 2023 · World News

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, December 13, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Dec 13 (IPS) – With the US Fed raising interest rates,…

Read more Rich Nations, IMF Deepen World Stagnation
Big bank executives will assure lawmakers the industry's crisis is over, KBW CEO Thomas Michaud predicts

Big bank executives will assure lawmakers the industry's crisis is over, KBW CEO Thomas Michaud predicts

December 5, 2023December 5, 2023 · Banking

Big bank CEOs will likely convey deposits and earnings are stable to lawmakers on Wednesday, according to a major financial services executive. Thomas Michaud, CEO of Stifel company…

Read more Big bank executives will assure lawmakers the industry's crisis is over, KBW CEO Thomas Michaud predicts
Suicides, Another Face of the Crisis in Venezuela

Suicides, Another Face of the Crisis in Venezuela

November 28, 2023November 28, 2023 · World News

Suicide rates doubled in Venezuela during the harshest years of its humanitarian crisis. Males between the ages of 30 and 50, a productive age when it is very…

Read more Suicides, Another Face of the Crisis in Venezuela
Argentines Get Used to the Fact that Inflation Can Always Get Worse

Argentines Get Used to the Fact that Inflation Can Always Get Worse

November 16, 2023November 16, 2023 · World News

José Lonardi stands in his tiny candy and beverage shop in downtown Buenos Aires. Customers, he says, have lost all reference points for the price of products in…

Read more Argentines Get Used to the Fact that Inflation Can Always Get Worse
Argentina: Unpalatable Choices in Election Plagued with Uncertainty

Argentina: Unpalatable Choices in Election Plagued with Uncertainty

November 3, 2023November 3, 2023 · World News

Credit: Tomás Cuesta/Getty Images Opinion by Ines M Pousadela (montevideo, uruguay) Friday, November 03, 2023 Inter Press Service MONTEVIDEO, Uruguay, Nov 03 (IPS) – For many of Argentina’s voters…

Read more Argentina: Unpalatable Choices in Election Plagued with Uncertainty
Migration Puts the Brakes on Venezuela’s Vehicles

Migration Puts the Brakes on Venezuela’s Vehicles

October 23, 2023October 23, 2023 · World News

On residential streets of Caracas with little traffic it is possible to see cars that have been abandoned by their owners for years. They probably migrated from Venezuela…

Read more Migration Puts the Brakes on Venezuela’s Vehicles
Seniors Thriving Through Plastic Waste in Zimbabwe

Seniors Thriving Through Plastic Waste in Zimbabwe

October 20, 2023October 21, 2023 · World News

Tabeth Gowere (76) makes extra cash from weaving plastic waste. A group of seniors started weaving plastic out of a need to improve the environment and make some…

Read more Seniors Thriving Through Plastic Waste in Zimbabwe
The Global South in the New Cold War

We Must Act to Bridge the Gap Between Words and Deeds

September 18, 2023September 18, 2023 · World News

Opinion by Patricia Scotland (london) Monday, September 18, 2023 Inter Press Service LONDON, Sep 18 (IPS) – The author is Commonwealth Secretary-GeneralIn today’s increasingly interconnected world, marked by grave…

Read more We Must Act to Bridge the Gap Between Words and Deeds
The Global South in the New Cold War

Exchange Rate Movements Due to Interest Rates, Speculation, Not Fundamentals

July 26, 2023July 26, 2023 · World News

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, July 26, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Jul 26 (IPS) – Currency values and foreign exchange rates change…

Read more Exchange Rate Movements Due to Interest Rates, Speculation, Not Fundamentals
Greener Pastures Not So Green for Zimbabweans in the Diaspora

Greener Pastures Not So Green for Zimbabweans in the Diaspora

July 5, 2023July 5, 2023 · World News

Even as they face their own challenges abroad, Zimbabweans living overseas say they can not consider heading back home to face the economic challenges – especially now with…

Read more Greener Pastures Not So Green for Zimbabweans in the Diaspora
How UBS became Switzerland’s mega bank

How UBS became Switzerland’s mega bank

June 2, 2023June 2, 2023 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email UBS Group AG, with over $5 trillion in invested assets, is Switzerland’s largest bank. The…

Read more How UBS became Switzerland’s mega bank
As Game of Thrones Rages in Sudan, the Neighbors Pay the Price

As Game of Thrones Rages in Sudan, the Neighbors Pay the Price

May 25, 2023May 25, 2023 · World News

Long wait at the border between Sudan and Egypt. Credit: Hisham Allam/IPS by Hisham Allam (cairo) Thursday, May 25, 2023 Inter Press Service CAIRO, May 25 (IPS) – The…

Read more As Game of Thrones Rages in Sudan, the Neighbors Pay the Price
The Global South in the New Cold War

Reserve Bank of Australia Review Fails Ordinary Australians

May 15, 2023May 15, 2023 · World News

Opinion by Anis Chowdhury (sydney) Monday, May 15, 2023 Inter Press Service SYDNEY, May 15 (IPS) – The Reserve Bank of Australia (RBA)’s latest interest rate hike comes before…

Read more Reserve Bank of Australia Review Fails Ordinary Australians
Privatization: Egypts Only Weapon To Survive the Repercussions of the War in Ukraine

Privatization: Egypts Only Weapon To Survive the Repercussions of the War in Ukraine

April 6, 2023April 6, 2023 · World News

Egypt plans to sell shares in 32 state-owned businesses, including three banks. Credit: Hisham Allam/IPS by Hisham Allam (cairo) Thursday, April 06, 2023 Inter Press Service Cairo, Apr 06…

Read more Privatization: Egypts Only Weapon To Survive the Repercussions of the War in Ukraine
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