Latest in Mounting Financial
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Israel Strikes Hezbollah-Affiliated Financial Institution in Lebanon
Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south ...World - The New York Times - October 21 -
The English county facing the biggest financial ‘black hole’
Even in relatively prosperous Hampshire, the cost of providing social care is swallowing up funding for everything elseBusiness - Financial Times - October 22 -
Climate change reshapes cities, both environmentally and financially
In thousands of U.S. towns and cities, worsening climate threats — largely due to fossil fuels — trap cities in a paradox. Big cities like Houston and Tampa, Fla., and smaller ones like Port ...Politics - The Hill - October 25 -
Chronic Diseases Can Come With Chronic Financial Pressure
For millions of Americans, paying for the treatment needed to manage their diseases can become its own lifelong problem.Top stories - The New York Times - November 4 -
The ‘Tesla-financial complex’ roars back to life
Notional trading value of Tesla options hit $245bn on FridayWorld - Financial Times - November 11 -
The eerie quietness of India’s new financial hotspot
Narendra Modi’s GIFT City has already lured JPMorgan and HSBC but the social side has been slow to catch upWorld - Financial Times - 4 days ago -
England’s universities regulator warns of worsening financial outlook
‘Bold’ action required to stop higher education institutions falling into insolvency, says Office for StudentsWorld - Financial Times - 3 days ago -
UK unveils shake-up of financial compensation rules
Move is latest sign of government’s push to loosen City of London regulationBusiness - Financial Times - 3 days ago -
University of Toronto’s environment school cuts financial ties to fossil fuels
Princeton University, the only other North American school to do so, rolled back its commitment recently. The University of Toronto ’s environment school has announced it will financially ...World - The Guardian - October 20 -
Israel targets Hezbollah's financial arm and begins striking Beirut
Israel’s military says it is now taking aim at the Lebanon-based Hezbollah’s financial arm and plans to attack a “large number of targets” in Beirut and elsewhereWorld - ABC News - October 21 -
Israel Strikes Hezbollah-Affiliated Financial Branches Across Lebanon
The escalation of Israel’s war against the militant group came as rescuers searched for dead and wounded after a devastating Israeli strike in northern Gaza.World - The New York Times - October 21 -
Blasts across Lebanon as Israel targets Hezbollah banks
The Israeli military tells people in more than 20 areas in Lebanon to leave, ahead of its overnight strikes.Top stories - BBC News - October 21 -
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Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21 -
VW fined by UK regulator for treatment of customers in financial trouble
Carmaker’s lending arm hit with £5.4mn penalty and agrees to pay £21.5mn to 110,000 borrowersBusiness - Financial Times - October 21 -
Israel says more strikes are coming against a Hezbollah-run financial institution
Israel says it is planning to carry out more strikes in Lebanon against a Hezbollah-run financial institution that it targeted the night beforeWorld - ABC News - October 21 -
KKM Financial's Essential 40 stock fund is now an ETF
Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.Business - CNBC - October 21 -
What is the Hezbollah-linked financial institution Israel is targeting in Lebanon?
The Israeli military has carried out a wave of airstrikes targeting branches of a financial institution affiliated with Lebanon’s Hezbollah, saying the quasi-banking system is being used to fund ...World - ABC News - October 21 -
Russia halting strikes on energy targets could lead to peace talks, says Zelenskyy
Ukrainian president floats mutual cessation of aerial attacks on power grids as first step towards ending warBusiness - Financial Times - October 22 -
New CFPB rules aim to boost competition in financial services
The Consumer Financial Protection Bureau (CFPB) unveiled rules Tuesday intended to increase competition that would require financial institutions, credit card issuers and other financial providers ...Politics - The Hill - October 22 -
Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders
Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to ...World - ABC News - October 23 -
Special needs support in England is financially ‘unsustainable’, report finds
Urgent reform is needed after demand for extra educational support doubles in a decade, warns watchdogBusiness - Financial Times - October 23 -
Biden tries again at student loan cancellation, for those in financial hardship
The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...Top stories - ABC News - October 25 -
Biden unveils new student debt plan for people with financial hardships
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.Top stories - CBS News - October 25 -
France’s Financial Morass Produces a Harsh Critique From Moody’s
The financial ratings agency, citing a “fiscal deterioration” with rising borrowing and a political logjam, downgraded its outlook for French debt.Business - The New York Times - October 25 -
‘There is no money’: Cuba fears total collapse amid grid failure and financial crisis
Repeated blackouts leave residents concerned about food, water supply and Cuba’s future. Maria Elena Cárdenas is 76 and lives in a municipal shelter on Amargura Street in Havana’s colonial old ...World - The Guardian - October 26
