California Wildfires Threaten to Spark U.S. Financial Crisis
Experts warn that the devastating California wildfires could spark a financial crisis in the U.S., as insurers withdraw coverage, leading to property devaluation reminiscent of 2008.
Financial Crisis
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La Rioja Introduces New Quasi-Currency to Combat Economic Struggles in Argentina
Amid ongoing economic challenges, Argentina’s La Rioja province has introduced a new quasi-currency to help residents cope, echoing measures taken after the 2001 economic crash.
Two Years On: Russia-Ukraine Conflict Spurs Global Economic Decoupling
A new report highlights how the two-year Russia-Ukraine conflict has accelerated global economic decoupling, spurred de-dollarization efforts, and reshaped financial markets.