Tag: Recessions and depressions
China to boost financing for approved housing projects to $560 billion to counter property slump
HONG KONG -- China will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562...
An Argentine province has a creative solution to President Milei's austerity: Printing its own money
LA RIOJA, Argentina -- They look like cash, fit into wallets like cash and the governor promises they’ll be treated like cash.But these...
Australia's PM is criticized for buying a waterfront home during a housing crisis
MELBOURNE, Australia -- Australian Prime Minister Anthony Albanese has been criticized for buying a multimillion-dollar waterfront home during a national housing crisis with...
Stellantis, seeking to revive sales, makes some leadership changes
Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement and...
Collapse of national security elites' cyber firm leaves bitter wake
WASHINGTON -- The future was once dazzling for IronNet.Founded by a former director of the National Security Agency and stacked with elite members...
Carmaker Stellantis slashes forecasts, faces industry slump and Chinese competition
MILAN -- Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations...