…many households are dipping into reserves or chasing fast-turn risk plays like crash gambling, as shown in the graph below (which subtracts –2.3% so that the current level shows as…

…and Policy Research, Michael Galant. Since the Taliban takeover in 2021, the Biden administration has blocked Afghanistan’s central bank from accessing roughly $7 billion in its foreign reserves held in…

…Facility and the Rapid Financing Instrument, with (at most) minimal conditionality. Brad Setser of the Council of Foreign Relations pointed out that lending from the IMF and the World Bank to lower…

…much time left to save these programs from insolvency. Today’s youngest retirees will be 70 years old when Medicare’s reserves are depleted and 73 years old when the Social Security…

…The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced the awarding of contracts for the acquisition of 3 million barrels of U.S. produced crude oil for the Strategic…

…billion in profit last year at its 50 hospitals in the United States and Ireland. Bon Secours was sitting on more than $9 billion in cash reserves. It avoids at…

…the foreign oil majors, that the companies began exploring the waters offshore Guyana in earnest. Still, they came up empty. Shell left the partnership in 2014, while Exxon brought on…

…“debt.” It’s just a projection that at the current tax rate and benefit schedule, the system will run out of reserves, but at that point there is no “debt.” nothing…

…excuse? The economics of it are: They, Big Oil and Big Coal, want to be bought out. Their books say $ trillions in reserves. End the burning and they are…

…at lousy pay. As long as they have some reserves and can hold out for better terms, they will. As wages rise to bring back workers, and because most jobs…