Tag: Crisis
Brits are facing a major mortgage crisis as lending rates soar
Houses photographed in Halifax, UK on June 8, 2023. British borrowers face sharply rising mortgage costs.Mike Kemp | Image | Getty ImagesLONDON - British...
Afghanistan-Iran border flare up spotlights water scarcity crisis
On June 4, 2018, Kayaki, Afghanistan, the Kayaki Hydropower Station in Helmand Province. (Photo via Orbital Horizon/Copernicus Sentinel Data 2018/Gallo Images/Getty Images)Orbital Horizon...
UK short-term borrowing costs shoot past ‘mini-budget’ crisis levels on strong labor data
British Treasury building.Matthew Lloyd | Bloomberg | Getty ImagesLONDON - British borrowing costs, as measured by short-term government bond yields, rose to their highest...
Expected European drought likely to worsen the region’s water crisis
On May 13, 2023, the drought affecting the Los Bermejales reservoir in the Arenas del Rey, Granada, Spain affected 18% of its capacity.Anadolu Agency...
Debt Ceiling Crisis: How a Default Could Unfold
The United States is inching closer to calamity, as lawmakers continue to spar over what it will take to raise the country’s $31.4 trillion...