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Global financial markets tank as gloom descends on world economy

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The past two weeks on global financial markets have been brutal. Monday was no exception, and that’s in the U.S., in Asia and in Europe. Of course, the stock market is not the economy. But in this case, stock markets are looking at the economy and not liking what they’re seeing. ​The British pound hit … Read more

Haiti descends deeper into economic crisis amid violence | World | English edition

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The high cost of living in Haiti is making life difficult for locals, who have already been pummeled by the shortage of fuel, an unprecedented sociopolitical crisis and violence by armed gangs fighting for control over the territory. Many Haitians are forced to go hungry, such as Daphney, a trader at the capital’s Pétion-Ville street … Read more