EXPLAINER
Why have half a million Russians gone bankrupt amid Ukraine war?
European intelligence report warns of strain on Russia’s banks, but experts say a full-blown crisis is unlikely
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In Argentina, locals are taking loans to buy food
Argentinians are taking on loans, selling their belongings, and living on credit cards to pay for basics including food.
CBO: US Federal deficits and debt to worsen over next decade
‘One Big Beautiful Bill Act’, higher tariffs and immigration crackdown are factored into the report.
Trump sues JPMorgan and CEO Dimon over alleged ‘debanking’
The $5bn lawsuit alleges JPMorgan abruptly closed multiple accounts in 2021 cutting off Trump & his firms from financing
Peru approves emergency overhaul of state oil firm Petroperu
The move opens key assets to private investment and comes as Petroperu faces mounting losses and debt.
France’s prime minister faces crunch vote in parliament
Sébastien Lecornu faces a vital test to his premiership over the social security budget bill.
From: Counting the Cost
Can Africa choose economic partners on its own terms?
Africa’s minerals and young workforce are attracting global interest as China, the US and Europe compete for influence.
Published On 4 Dec 2025
EXPLAINER
Why is Senegal squaring up to the International Monetary Fund?
Senegal is resisting an IMF-recommended debt restructuring, but support from the Fund is critical for its recovery.
G20 fails to deliver on sovereign debt distress
Hopes that world leaders would use the G20 summit to tackle sovereign debt distress were dashed.
Canadian PM Mark Carney clears budget vote, averting snap elections
A handful of opposition abstentions allowed Carney to advance a deficit-boosting budget aimed at countering US tariffs.
EXPLAINER
US Senate shutdown vote: What happened, who voted to end it, what’s next?
Some Democrats join Republicans to vote to end the government shutdown, which enters its 41st day.
