Evergrande crisis worsens as defaults pile up
The crisis at China Evergrande Group deepened on Monday after its mainland unit said it was unable to repay onshore bonds, adding a new layer of uncertainty to the developer’s…
US markets’ sunny mood about to fade away
Consumer stocks, which have been one of the brightest corners of the market this year, are about to lose their luster as risks to the sector mount, according to Morgan…
Global food inflation worsens
Domestic food price inflation remains high, with people in Venezuela, Lebanon, Argentina, Türkiye and Zimbabwe particularly hard hit, according to the World Bank. The most recently available monthly data show…
The Crashed F-35 May Have Been Hacked.
The Turkish news outlet Haber7 analyzed possible reasons for the incident involving the American F-35 fighter jet. A representative from the US Department of Defense stated that the aircraft has…
Possible US government shutdown: what’s all the fuss about?
If Congress fails to provide funding for the fiscal year beginning October 1, US government services will be disrupted and hundreds of thousands of federal employees will be furloughed without…
Russia’s diesel ban effect spreads, no hope of lifting
Diesel prices in Asia rose following Europe’s after a sudden ban on exports from Russia, regardless of how some experts tried to convince the public that the ban would soon…