February 05, 2019
Low oil prices, economic mismanagement, and political uncertainty have plunged Venezuela into an economic tailspin virtually unknown among countries during peacetime. By the end of this year, Venezuela's economy will have shrunk by 63 percent since the current political crisis erupted in 2016. Here's how that drop compares with other notable economic collapses over the past century.
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Trump asks for $200B to fund Iran war | Ian Bremmer's Quick Take
In this Quick Take, Ian Bremmer says the Trump administration’s push for $200 billion in supplemental funding for the war in Iran is a sign that the conflict is getting more expensive, more entrenched, and harder to contain.
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Younger millennials have seen the monthly auto loan payments jump nearly 60% since 2019, and the EV demand has cooled. What does it mean for the road ahead? Get the full analysis from Bank of America Institute and subscribe for more economic insights.
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