Crikey1d
Why Musk and his boy engineers could trigger a massive global financial crisis
Congress might not object to Elon Musk's unconstitutional seizure of the US Treasury payments system, but bond markets might.
55% of CEOs say this recession will be worse than the global financial crisis—but they’re still ready to strike M&A deals
A new survey by EY of 1,200 global CEOs—taken in December and out this morning—finds 98% of them are anticipating an economic ...
Global GDP Faces 50% Loss Without Climate Change Action, Study Finds
Dr. Jesse Abrams from the University of Exeter said we are “grossly underestimating risk due to climate change and ...
Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns
The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in ...
Morningstar10d
A decade and a half after the global financial crisis, two governments are still reducing their bank stakes
The British and Irish governments separately announced on Tuesday they were trimming stakes in banks they've owned since the 2008-09 global financial crisis. Ireland said it's reducing its stake ...
Australia’s looming debt crisis could be a real opportunity
Why not use the looming fiscal crisis of the states to tackle the buck-passing by seriously reforming which tier of ...
Afghanistan food crisis deepens as aid cuts leave many living on ‘just bread and tea’
The head of the World Food Programme in Afghanistan says the agency can only feed half the millions of Afghans in need after ...
webtv.un.org7d
The Crisis of Global Displacement in a Time of Insecurity
While the global economy continues to grow ... The refugee and displacement crisis produced by the global conflicts of the 1930s and 1940s as well as the impact of the Great Depression generated ...
Climate disasters lead to billions in insurance losses. Could they trigger a financial crisis?
In addition to causing widespread destruction, climate disasters are battering insurance companies. As premiums rise and some regions become uninsurable, it could have a cascading effect that could ...
Crisis-hit Sri Lanka celebrates I-Day with smaller parade, fewer aircraft
Addressing the 77th Independence Day celebrations of the island nation, Dissanayake said, ‘Collectively, we must persist in ...