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Revisiting the financial crisis of 2008 that led to bailouts of crippled corporations
Patriot Ledger via Yahoo News· 2 years agoThis month marks 14 years since the 2008 global financial crisis. The demise of the investment bank...
Debt-stricken Sri Lanka to get first tranche of IMF bailout funds in two days
Reuters via Yahoo News· 1 year agoSri Lanka will get the first $330 million tranche of an International Monetary Fund bailout in the...
What the IMF Can Teach Binance About Crypto Bailouts
CoinDesk via Yahoo Finance· 1 year agoIn the midst of the FTX fallout, Binance CEO Changpeng “CZ” Zhao’s proposal to create an “industry recovery fund” has been the focus of significant...
Banking crisis breakthroughs win Nobel economics prize for Bernanke, Diamond, Dybvig
Reuters via Yahoo News· 2 years agoA trio of U.S. economists including former Federal Reserve Chair Ben Bernanke won this year's Nobel...
World Bank Aid Pushes Global Egypt Bailout Over $50 Billion
Bloomberg via Yahoo News· 2 months ago(Bloomberg) -- The World Bank is set to provide Egypt with over $6 billion, boosting the global...
Sri Lanka holds rates as crisis-hit economy banks on govt reforms, IMF bailout
Reuters via Yahoo Finance· 2 years agoSri Lanka's central bank held policy rates steady on Thursday, saying monetary conditions remain...
Shell (SHEL) to Sell Stake in Pakistan Amid Economic Crisis
Zacks via Yahoo Finance· 11 months agoShell Plc SHEL announced its decision to exit Pakistan amid economic crisis prevailing across the...
What is a bank bailout?
Bankrate via Yahoo Finance· 1 year agoThe 2023 failures of Silicon Valley Bank (SVB), Signature Bank and First Republic Bank marked some of the largest bank failures in U.S. history. In the...
IMF board approves $3 billion bailout for Ghana amid economic crisis
AP Finance via Yahoo Finance· 1 year agoThe International Monetary Fund's executive board has approved a long-awaited $3 billion bailout for Ghana in hopes of combating the country’s economic crisis. Facing soaring inflation, high ...
The Israel-Hamas war could threaten already fragile economies in Egypt, Lebanon and Jordan
Associated Press Finance via Yahoo Finance· 7 months agoEconomic crises are rippling through the countries bordering Israel, raising the possibility of a...