“Big Mess”: Panama Canal Hit By 200 Ship Bottleneck
A parking lot of vessels has formed on either side of the Panama Canal as a worsening drought in the Central American country has reduced the number of ships able…
US real estate market collapsed 45% for the year
The rise in the cost of mortgage loans has led to a massive buyer exodus from the US real estate market. Overall, investors bought 45% less real estate at the…
Russia wants to join the African anti-dirty money body as observer
The Kremlin wants observer status in the Eastern and Southern Africa Anti-Money Laundering Group by this fall, according to people familiar with the matter and documents obtained by Bloomberg. The…
US Debt Hits $33 Trillion For First Time
Treasury Department data showed US national debt has pushed over $33 trillion for the first time in history, more than 36 times the level of 40 years ago. “We are…