Crisis News
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By AFP
Washington -
It was "Lehman Weekend." The moment in September 2008 when the 150-year-old investment bank Lehman Brothers collapsed, precipitating the worst global economic crisis since the 1930s.
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By AFP
Paris -
The world is less well equipped to manage a major financial crisis today than it was a decade ago, according to Dominique Strauss-Kahn, a former chief of the International Monetary Fund (IMF).
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By AFP
Reykjav -
Banks in ruins, a currency in free fall and the IMF called to the rescue: A decade ago Iceland's worst financial crisis erupted, a traumatic experience the nation still struggles to forget.
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By AFP
Reykjav -
It's been 10 years since Iceland's economy crashed, but Asthildur Thorsdottir and her husband Hafthor Olafsson are still struggling with crippling debt and an uphill legal battle to save their family home.
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By AFP
Frankfurt Am Main -
The collapse of US investment giant Lehman Brothers 10 years ago forced central banks to take unprecedented steps to help rescue the global economy, thrusting them into uncharted territory they are still navigating.
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By AFP
Vienna -
The EU announced a 35 million euro ($41mn) aid package on Friday to counter the effect of Venezuela's economic crisis, which has sparked one of the biggest exoduses in Latin American history.
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By AFP
Caracas -
Venezuela hit back at Colombia on Wednesday branding as fake news claims from its neighbor that helicopters and troops had violated its sovereignty in an illegal incursion.
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By AFP
Santiago -
Crisis-torn Nicaragua must hold elections to return the country to democracy after four months of protests against President Daniel Ortega's rule, the head of the Organization of American States said Sunday.
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By AFP
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A record number of Venezuelans fleeing poverty, economic collapse and a political crisis entered Peru on a single day, authorities said on Wednesday.
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By AFP
Caracas -
Venezuela's controversial Constituent Assembly could extend its term for up to four years, its government loyalist president Diosdado Cabello said on Monday.
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By AFP
Managua -
A rights group in Nicaragua on Thursday called on President Daniel Ortega to disband paramilitary groups accused of killing, torturing and kidnapping anti-government protesters.
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By AFP
Caracas -
Whether it sparks a social revolution or forces the government to open up the economy, one thing for sure is that Venezuela's projected one million percent inflation will heap more misery on an already suffering population.
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By AFP
Moscow -
Russian President Vladimir Putin has made a concrete offer on Ukraine to his US counterpart Donald Trump, the Russian ambassador to Washington said Friday, after a report that the Kremlin chief suggested a referendum in conflict-torn eastern Ukraine.
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By AFP
Managua -
With hotels, restaurants, bars, stores, workshops and even tortilla sellers driven out of business or struggling to survive, and with thousands of people left jobless, the turbulent political crisis sundering Nicaragua has taken a broader toll, plungin...
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By AFP
Caracas -
When Yolanda Abreu got her check for severance pay after five years working as a cardiologist, she let out a laugh of sheer disbelief: it was barely enough for a cup of coffee.
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By AFP
Washington -
Venezuela's economic collapse ranks as one of the worst in modern history, an International Monetary Fund official said on Friday.
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By AFP
Kiev -
Russians living in Ukraine will be unable to vote in Russia's presidential election because access to Moscow's diplomatic missions will be blocked, Kiev said Friday.
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By AFP
Kiev -
A Ukrainian lawmaker once hailed as a hero and a symbol of resistance against Russia, has been accused of plotting a terrorist attack against the Kiev parliament, authorities said Thursday.
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By AFP
Caracas -
Venezuela would suffer a devastating economic blow if the United States saw through threats to impose an embargo on its oil exports, but such a move would not guarantee any change of leadership in Caracas, analysts say.
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By AFP
Tegucigalpa -
Bitter divisions over a contested presidential election in Honduras have dimmed prospects for talks mediated by the United Nations to defuse the crisis, a former diplomat involved in the effort said Wednesday.
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By AFP
Caracas -
The Venezuelan government has sharply condemned the suggestion by US Senator Marco Rubio that "the world would support" an armed coup to remove President Nicolas Maduro, whom the American lawmaker denounced as a "dictator.
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By AFP
Caracas -
Dozens of Venezuelan soldiers ringed a Caracas morgue Wednesday where the body of dissident former police officer Oscar Perez and six others were taken after being gunned down in a bloody police operation.
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By AFP
Caracas -
Shortages in Venezuela have now hit an essential part of traditional Christmas and New Year's meals, leaving frustrated citizens with a new holiday chorus: "We want our ham!
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By AFP
Caracas -
Venezuela's fractured opposition said Friday it planned to drop competing agendas to unify behind a single candidate in the 2018 presidential elections in which leader Nicolas Maduro is seeking a new mandate."We promise to boost our unity...
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By AFP
Santo Domingo -
Venezuela's government and opposition made "significant advances" in the latest talks aimed at resolving the country's crushing economic and political crisis, they said Saturday after two days of meetings in the Dominican Republic.
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By AFP
Santo Domingo -
President Nicolas Maduro's leftist government and the main opposition coalition resumed talks in the Dominican Republic Friday, aimed at resolving Venezuela's crushing economic and political crisis.
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By AFP
Caracas -
Venezuela's President Nicolas Maduro on Sunday named a general to head debt-ridden PDVSA and ordered a "total restructuring" at the state oil giant, in a move that emphasized military support for his regime.
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By AFP
Caracas -
Venezuela's state-owned oil firm PDVSA said Friday it has started to repay $233 million in interest on two bonds nearing default, days before the end of the 30-day grace period.
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By AFP
Berlin -
The political crisis in Berlin challenges the idea of "German exceptionalism"as an anchor of democratic stability and a bulwark against a wave of populism, analysts said Tuesday.
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By AFP
Paris -
Lebanese Prime Minister Saad Hariri arrived in France on Saturday from Saudi Arabia, where his shock resignation announcement two weeks ago sparked accusations that he was being held there against his will.
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Crisis Image
A U.S. Air Force search and rescue team spots a boat tossed on its side amid residential buildings and other debris in Japan U.S. Air Force photo by Airman 1st Class Katrina R. Menchaca
The recent flooding in Pakistan has devastated large areas of the country. by DFID
A woman being helped off her car in Queensland during the flood KingBob86
U.S. Air Force search and rescue personnel observe a universal distress sign on a coastal roadway in northeastern Japan U.S. Air Force photo by Airman 1st Class Katrina R. Menchaca
ISIS local commader Abu Jandal, center, Free Syrian Army commander Abdul Jabbar al-Oqaidi on left, in June of 2013 after capture of Syrian airbase. http://eaworldview.com
Flooding in a Queensland city KingBob86
3.2 million people in Somalia require immediate food assistance. Most were internally displaced people; the rest were affected either by the conflict, by drought and an underlying livelihoods crisis, or both. IRIN
Trade unions in Belgium believe the Eurobonds can bring relief to the troubled Euro.
Members of the Fairfax County Urban Fire and Rescue Team head into downtown Ofunato to search for survivors following an 8.9-magnitude earthquake, in March 2011 DVIDSHUB
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