At least 60 hotels in Bali up for sale due to COVID-19 struggles
At least 60 hotels in Bali up for sale due to COVID-19 struggles: hotel association By Coconuts Bali Feb 5, 2021 | At least 60 hotels across Bali are being put up […]
How gas windfall could save Lebanon from bankruptcy
DR. DANIA KOLEILAT KHATIB April 11, 2021 23:37504 Short Url https://arab.news/mw6ej Lebanese President Michel Aoun gave a speech last week in which he lashed out at the political elite, the central […]
Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
A large portion of Hertz’s revenue comes from car rentals at airports, which have all but evaporated as potential customers eschew plane travel. The more than a century old car […]
Coronavirus will bankrupt more people than it kills — and that’s the real global emergency
Source: Independent We may look back on coronavirus as the moment when the threads that hold the global economy together came unstuck By Omar Hassan, who was the head of […]
Detroit files for biggest bankruptcy in U.S. history
Nancy Kaffer, Stephen Henderson and Matt Helms, Detroit Free Press 4:41 p.m. EDT July 18, 2013 DETROIT — The city of Detroit filed for Chapter 9 bankruptcy protection in federal […]
Greek economy spirals down as EU forces final catharsis
A Greek default and traumatic ejection from the euro moved a step closer last night after eurozone finance ministers cancelled a crucial meeting, accusing Athens of failing to flesh out […]