Sources: The New York Times
Hungarian prime minister Viktor Orbán announces a 100-billion-forint (US$300-million) support package for the restaurant sector and commits to covering additional household heating costs for January, as part of broader measures to ease cost-of-living pressures and revive the economy ahead of the upcoming parliamentary elections. 2026-01-21
U.S. Deputy Treasury Secretary Wally Adeyemo announces that the United States and Qatar will block Iran from receiving $6 billion transferred from South Korea to Qatar last month as part of a prisoner swap. 2023-10-12
Kenya's government debt surges to a record KSh 10.1 trillion (US$70.75 billion), surpassing its KSh 10 trillion debt limit, attributed to external debt and currency fluctuations. President William Ruto's response to the country's financial crisis has been met with months of civil disorder. 2023-08-15
Property giant China Evergrande Group admitted it is under "tremendous pressure" and may not be able to meet its crippling debt obligations. Angry protesters have been gathering outside the real estate firm's headquarters, demanding to know about its future. Evergrande is holding $305 billion in liabilities on $147 billion in assets reported in 2020. 2021-09-15
The United States House of Representatives votes 219-212 to pass U.S. President Joe Biden's $1.9 trillion relief package, which would provide $1,400 in direct payments. The bill will head to the Senate for a vote. 2021-02-26
Senate Majority Leader Mitch McConnell blocks an attempt by Senate Democrats to increase the direct payments from $600 to $2,000. However, McConnell also said that the Senate will consider a process to provide $2,000 in stimulus checks to Americans, a measure that is supported by both Democrats and President Donald Trump. 2020-12-29
The United States Department of State approves a $1.8 billion weapon sales deal with Taiwan. 2020-10-22
In a 257–150 vote, the House of Representatives approves a bill that would reverse changes to the operations of the Postal Service implemented by Postmaster General Louis DeJoy, amid a series of backlogs and delays in the delivery of mail following his appointment in June. The bill also aims to provide the agency financial support worth $25 billion in preparation for an expected surge in postal voting in the upcoming election due to the pandemic. 2020-08-22
The U.S. government announces plans to borrow $3 trillion for the second quarter, five times more than the previous record set during the 2008 financial crisis. 2020-05-4
The three widows and two daughters of Osama bin Laden are convicted of illegally living in Pakistan and sentenced to 45 days in jail and fined $114 each. 2012-04-2