economic fallout
Coverage of economic fallout in the Nexus archive.
- Venezuela quake death toll rises to nearly 3,000; foreign rescue teams begin winding down operations
Venezuela's twin earthquakes killed nearly 3,000 people as of Saturday, with 50,000 estimated missing, primarily impacting the La Guaira area. International rescue teams are ending operations after the critical 72-hour window, while families continue recovering bodies. The UN reported $6.7 billion in damages, and public anger grows over the government's delayed response.
- US job openings climbed to 7.6 million in April, as labor market looks resilient despite economic fallout from Iran war
US job openings reached 7.6 million in April, indicating a resilient labor market despite economic challenges from the Iran war.
- Why Spirit is on the brink of collapse, and what it could mean for other airlines
Spirit Airlines is at risk of going out of business by Saturday due to stalled bailout negotiations with the Trump White House. CBS News and Politico reporters discuss the potential economic implications of the airline's possible collapse.
- Mazzucato on the Iran war’s economic shock: Who pays the price?
Economist Mariana Mazzucato discusses the economic consequences of the Iran war with Redi Tlhabi, highlighting who bears the financial burden of the conflict. The analysis focuses on the broader economic shockwaves and their societal impact.
- IMF, World Bank Navigate Economic Fallout From Iran War
The International Monetary Fund (IMF) and World Bank are addressing economic consequences arising from the war in Iran. They are working to mitigate regional instability and support affected economies.