Bolivia is in talks to get over $9 billion in loans from different lenders. This is a big deal because the country is going through a tough time with high inflation and not enough money coming in. The new president, Rodrigo Paz, wants to fix things by bringing in private investors and cutting some taxes. The government is planning to use this money for big projects ...
Zambia has just received a big thumbs-up from S&P Global Ratings. The country's credit rating has been upgraded, and it's no longer considered in default. This is a huge deal because it shows that Zambia is getting its financial act together. For years, Zambia has been struggling with a lot of debt and some tough negotiations to restructure it. On top of that, a sev...
Ukraine and the United States have started working together on a big investment fund. This fund is part of a deal about minerals. The first meeting of the board that runs this fund just happened. The deal is important because it helps Ukraine's economy, which has been hurt by the war with Russia. In exchange for giving the U. S. special access to Ukrainian minerals,...
New York City's real estate titans are gearing up for a tough fight if Zohran Mamdani, a self-proclaimed socialist, becomes the next mayor. Mamdani, who won the Democratic primary, has big plans to tax big businesses and landlords more. But the real estate industry isn't worried. They've been through tough times before and came out stronger. The city's commercial re...
The COVID-19 pandemic brought to light the limitations of traditional data collection methods. For years, researchers relied on travel surveys and census data to understand human movement. These methods, however, only capture snapshots of activity. They fail to show continuous changes in how people move around. This gap in real-time data made it challenging to tr...
Ahmed al-Shara is no longer just a rebel leader. He is now the president of Syria. He is trying to rebuild a country torn apart by war. His journey from rebel commander to president has been anything but simple. In the past, his alliances were clear-cut. Turkey backed him, while the Assad regime and Iran opposed him. Financial aid from other countries was helpf...
In 2024, Wall Street's bonus pool reached an unprecedented high of $47. 5 billion. This is a significant jump from the previous year's $35. 4 billion, marking the largest increase since the start of the coronavirus pandemic. On average, each banker took home a hefty $244, 700, a 31% increase from the previous year. This surge in bonuses is a clear sign...
Floods are happening more often and with greater force, putting lives and economies at risk. This is a major concern for everyone. When floods hit, outside help is often needed to rebuild. This help, called external assistance, can be a game-changer. But how do we know if it's making a real difference? That's where things get tricky. Until now, there hasn't been a cl...
Denver's downtown area has faced numerous challenges over the past few years. The COVID-19 pandemic, ongoing construction along the 16th Street Mall, and recent violent crimes have taken a toll on businesses and residents alike. On January 11-12, four stabbings rocked the city, leaving everyone on edge. One of the suspects, Elijah Caudill, was charged with two counts...
As President-elect Donald Trump gears up for his second term, he's set his sights on revamping Washington DC. He's not happy with the state of the capital and wants to make some big changes. One of the main issues he's focused on is crime. In 2023, it spiked in DC, and Trump isn't having it. He thinks the federal government should take control and bring some order ba...