Worldcrunch
Donald Trump was the first to congratulate Javier Milei on his surprise victory Sunday, having earlier promised financial support tied to his Argentine ally’s campaign. But that alone doesn’t explain the success of a man who has slashed social services.
The housing crisis is not only driving families from their homes, it is also emptying democracy of its substance. Into this vacuum, fear, hatred, and authoritarian rhetoric are growing and gaining ground, especially among young people and the working classes.
The price of doing business in Zimbabwean gold — the country’s latest currency — is too steep for many retailers, who can’t compete with an informal market still churning on U.S. dollars.
Argentina’s informal recycling network, once a lifeline for thousands, is unraveling as falling prices and new policies make waste-picking unsustainable.
As Gazan families struggle to find food and shelter amid the rubble, the future remains uncertain. Residents remain in a constant state of waiting, oscillating between hope and despair.
A tale of hunger, free meals and a serious misunderstanding about a “cross” on the wrist of the Muslim author.
For years, “Caesar,” who leaked photos providing evidence of the torture and killing of civilians by President Bashar al-Assad’s government, seemed like a legend or a symbol who transcended reality for Syrians. Now Assad is gone, and we know who Caesar is. So why are some now accusing Caesar of being responsible for starving Syrians and worsening their economic crisis?
With a population of more than 200 million, Nigeria is facing a series of crises: an economy at its lowest, endemic corruption and insecurity throughout a large part of the country. Despite the challenges it faces and its history of military coups, the country is holding firm, but for how long?
Iranian officials insist another Trump presidency could never change its policies — including fighting Israel where it can. But given the first Trump administration, Tehran should expect hard times ahead.
China’s economy is doing badly. The party leadership will not tolerate criticism of its course, but is looking for ways out of the crisis. These five problems could hinder China’s growth for a long time.
The Shanghai stock market soared following the announcement of an economic recovery plan, but then ran out of steam. It’s a symbol of the Chinese people’s wavering confidence amid mounting crises and Xi Jinping’s grab for absolute power.
The outgoing Sri Lankan government had signed an agreement in secret for the Indian conglomerate Adani to build a wind farm in the north of the country. Now the newly elected President Anura Kumara Dissanayake arrives with plans to scrap the massive project.
New reports indicate that luxury sales in mainland China have fallen by approximately 10% so far this year, and talking to those who used to buy European brand bags and clothes, it’s going to be virtual austerity for the foreseeable future.
Updated August 30, 2024 at 11:20 a.m. American business magnate Warren Buffet was born on this day in 1930. Who is Warren Buffet? Warren Buffett is an American business magnate, investor, and philanthropist. He is the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company. Buffett is often regarded as one of the […]
Is there anyone among us who can live with the guilt of turning away those who escaped death and sought refuge in Egypt? Can our conscience bear the death of an individual because we closed our door and let him die?
Bolivian President Luis Arce easily survived Wednesday’s bungled coup, which may suggest the populist Left is more resilient than it used to be. But it may also be the foreshadowing of the reigniting of an internal war with fellow Socialist and former President Evo Morales as unrest spreads around the country.
Hamas attack on Oct. 7 created a deep rift in the confidence of Israel’s citizens, in their country’s security, military and moral superiority. The Zionist project may never recover.
More workers are leaving the country by illegal means. Those who are caught are deported back home, but often have nothing to return to — except government surveillance.
After its defeat in municipal elections in March, the ruling party of President Recep Tayyip Erdoğan has reopened a dialogue with the main opposition party after years of ruling by sheer political power. This has been touted as normalization of the Turkish political system. But there’s still much work to be done, and trust to be regained.
With every economic crisis and surge in inflation, Egyptian households reshape the quantities and varieties of food on their dining tables. The current economic crisis, however, has placed an even tighter strain on families striving to afford food, especially sources of animal protein.
Will former U.S. President Donald Trump maintain his “dealmaker” approach towards Egypt in case he finds his way back to the White House?
Amid increasingly dire economic, social and humanitarian conditions in Egypt, the charitable work of Islamic and Christian religious institutions is important. Yet these institutions also support the government’s failed economic policies.
While “Most Views” which aired in Egypt during the month of Ramadan is credited with showing poverty in the country, the drama series misses an important opportunity to address the root causes of the TikTok girl trend.
As Israel-Hamas war in Gaza drags on, the momentum for solidarity with the Palestinians , whether individual or collective, has declined. It’s a contrast with the continued anti-Israel demonstrations in Western capitals. The reasons are both external, and internal.
The industrial port in the southern Italian region of Puglia is also home to the massive Ilva steel plant, which has risked closure in part because of its damage to the environment and public health. But Taranto lives up to its nickname of the city of contradictions.
The writer hits a professional wall the year after the birth of her second child. It’s a reminder of the limits of our modern uber competitive economy.
Middle East attention is focused on the war in Gaza, which has given the Iranian regime a great opportunity to lock down control on the situation at home and try to break the protest movement of the past year with extreme violence.
The European Commission has committed €100 million to support Tunisia in the effort against migration, with an affectional €900 million in funding for the country. But how does the agreement expect to find success with a formula that has long held a reputation of failure?
As newspapers reduce or fold, the elderly find themselves with less connection to their community and at risk of misinformation in an online world that is unfamiliar.
BBC’s office in Cairo is on strike for the third time in three months, demanding higher wages. The British broadcaster has long een able to recruit at lower rates because it could offer editorial freedom that is difficult to find in Egypt.
Like fears of communist subversion during the Cold War, claims that the Left will destroy the economy and end freedom persist in Latin American elections, in spite of their ridiculousness.
Liz Truss’ record-setting short time in office showed that the UK cannot do whatever it pleases — even now that it’s left the EU.
For Cairo, Qatar had been part of an “axis of evil,” with anger directed at Al Jazeera, the main Qatari outlet, and others critical of Egypt after the Muslim Brotherhood ouster. But the vitriol is now gone, with the first ever visit by Egyptian President al-Sisi to Doha.
In the mid-17th century, the weather in China got colder. The frequency of droughts and floods increased while some regions were wiped out by tragic famines. And the once-unstoppable Ming dynasty began to lose power.
The exit of top international companies from the Russian market in response to the invasion of Ukraine has led to an unraveling of Moscow’s intellectual property standards.
The country’s worst economic crisis in decades has toppled the government and led to soaring prices. Pregnant women struggle to access essential supplies.
When Sri Lanka banned agrochemicals last year, the law’s impact on the island’s ability to feed itself was immediately evident. As political upheaval continues in the capital, here’s a related back story in the countryside with global implications.
As Sri Lanka looks to choose a new leader, the country’s acting President Ranil Wickremesinghe is already behaving like an autocrat. Only by listening to the goals of the people’s movement can the country be rescued from ruin.
Given the opportunity to flee an economic and political crisis in Haiti, some business owners opt to stay.
Gotabaya may blame the ongoing Ukraine-Russia war or the earlier COVID-19 pandemic for much of the mess, but there is widespread unanimity that the problems are a product of bad governance for more than a decade.