economic crisis

Senior National Conference leader and former Finance minister Abdul Rahim Rather on Friday blamed the incumbent PDP BJP government for the states worsening economic condition over the last three years. “The state's economy is continuously witnessing a sharp decline ever since this government ...

Meanwhile, a paper by the National Bureau of Economic Research published last year found a pretty dramatic correlation between unemployment and drug abuse: For every single percentage point increase in county unemployment rate, the opioid death rate rises 3.6% per 100,000, and the opioid ...

The first measure called for economic reform and was implemented in May 2010, pushing the Greek government to create companies and jobs and to increase taxes. Such austerity measures were designed to help Greece's economy recover and make it a more reliable debtor. The Greek government will ...

Today, with Trump's hunger for a trade war; trillion-dollar deficits, amid low unemployment and rising interest costs; rollback of post-crisis financial regulations; and cavalier attitude toward debt default, it is, alas, not hard to imagine some sort of self-inflicted economic catastrophe befalling the country.

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Today, mainstream economic thinking still considers growth to be a vital policy objective — essential to the health of a capitalist economy. ... It begins with an acceptance that capitalism is unstable and prone to crisis even during a period of strong and stable growth — as the great financial crash of 2007-08 ...

MagnifyMoney: 4 ways the U.S. opioid crisis is impacting the economy. Unable to load video. Understanding the depth of the crisis, and its widespread cost, is critical to attracting the focus it will need to repel it.

Meanwhile, a paper by the National Bureau of Economic Research published last year found a pretty dramatic correlation between unemployment and drug abuse: For every single percentage point increase in county unemployment rate, the opioid death rate rises 3.6% per 100,000, and the opioid ...

The Nobel-winner has warned of an economic crisis amid the heightened tensions between the United States and China over heavy tariff threats from both sides, saying that US companies were not prepared to have China forced out of their supply chains. "The immediate thing will be an economic crisis ...

The Colombian city has become the last hope for many fleeing Venezuela's crumbling economy. Already four million people, out of a ... Now in its firth year of recession, critics blame both government incompetence and corruption in Venezuela for the country's economic crisis. Crippled by hyperinflation, last ...

'I think his timing is just his own personal timing for this: He's been president for a year, it's about time he does something that gets people's excitement going. He has a philosophy of life that that's what you have to do: If you want to stay famous, celebrity — which he obviously relishes — you've got to be ...

"The immediate thing will be an economic crisis because these enterprises are built on long-term planning — they've developed a skilled workforce and ways of doing ... "When you ask about the size of the impact on the economy, I think a lot of it is more psychological than direct, unless they really slam on tariffs," he said, ...

The US central bank has been slowly raising rates to keep the economy humming without causing it to overheat. But a recent $1.5 trillion tax cut and $300 billion spending bill, along with an improved economic outlook, have more recently changed that calculus. It may now have to raise rates faster than it ...

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded of the State Bank of Pakistan to control rapid surge in dollar price through strict measures otherwise it will cause a big blow to the economy. “Inter-bank US dollar rate is ringing alarming bells and calling for immediate ...

The Fed said at the conclusion of a two-day policy meeting that the economy continues to strengthen and that it expects to increase rates another two times this year as it pursues a return to more normal interest rate levels. Officials also increased their expectations for economic growth this year in the United ...

Barzani explained that “due to the fight against [the Islamic State], an internal political stalemate, political tensions with Baghdad, and the global economic crisis, the Kurdistan Region faces many hardships, the most serious issue among them being Kurdistan's budget cut by Baghdad at the beginning of ...

... of what became a global financial crisis. Next month, in another milestone, the current recovery will become the second-longest American economic expansion on record. There is no sign that the rebound will end anytime soon. Unemployment is low, job creation is strong and the overall economy seems ...

Money will flow on the city's yearly festival, despite the deep economic crisis that plagues the South American country. ... No one can launch a new currency, except the Venezuelan Central Bank," said Guerra, adding that the Central Bank's own inability to provide the economy with "the required number" of ...

The export-dependent economy of the mineral-rich but impoverished country is in a dire state following the 2014-16 Ebola crisis and a commodity price slump that has driven away foreign investors. More than 3.1 million voters are registered for the polls, which were set to close at 6 pm (1800 GMT).

The recent return of volatility to markets should remind us we won't be able to call the next economic crisis a “black swan” when it hits down the road, because the elements are already in plain sight: a dangerous cocktail of rising consumer, corporate, and sovereign debt scheduled for refinancing; rising ...

Venezuela launches a new oil-backed digital currency Tuesday, in a move the government hopes will help pull the country out of a deepening economic crisis. The launch of the bitcoin-esque cryptocurrency, called the petro, is viewed by many onlookers as a somewhat desperate attempt to secure cash ...

"The immediate thing will be an economic crisis because these enterprises are built on long-term planning, they've developed a skilled workforce and ways ... from steel and aluminum tariffs, but he warned that heated trade rhetoric from both sides could send the American economy reeling into a recession.