Money talks in Bahrain. In fact it never really shuts up. The ruling family continues to splurge on a series of vanity projects despite a growing clamor of alarm from international analysis warning that the tiny island kingdom's finances are fast swirling down the toilet.
Just because someone says it's so, doesn't make it so. And the combative presidential election contest of 2016 has inspired the mass media equivalent of a Gold Rush of fact-checking.
It is ironic that the first country to enforce the latest UN sanctions against North Korea by impounding a cargo vessel is the Philippines.
The presidential hopeful says the industry has a major conflict of interest. He's not wrong.
A president fighting impeachment names a finance minister not trusted by markets as Brazilians, dismayed by the country's politics, prepare for more hardship in 2016.
When Moody's Investors Service downgraded Illinois' credit rating in October, Illinois earned not only the distinction of having the lowest credit score of any state (it had had that for some time) but also became the first state to receive a rating below single-A. But what does that mean and how can Illinois get out of last place?
Two ratings agencies this week downgraded Illinois' credit rating. What does this mean to you? Mainly it means that more of your tax dollars now will go toward paying interest on state borrowing.