Topic
bankruptcies
3 stories related to this topic, newest first.
Al Jazeeraworld5 days ago
Half a Million Russians Declare Bankruptcy as GDP Forecast Cut to 0.4 Percent
Al Jazeera reported that 500,000 Russians filed for bankruptcy in 2025 amid rising bad loans and a slowing economy tied to the war in Ukraine. Russia's Ministry of Economic Development lowered its 2026 GDP growth projection. Experts assess that a full banking crisis remains unlik…
japantimes.co.jpworld70 days ago
Bankruptcies Among Japan's Medical and Nursing Care Providers Hit 478 in Fiscal 2025
Bankruptcies among medical and nursing care providers in Japan reached 478 in fiscal 2025, the highest since 1988, according to a report from Tokyo Shoko Research. The surge is attributed to staff shortages and rising costs amid government-regulated pricing. The analysis covers o…
Substrate placeholder — needs reviewworld95 days ago
U.S. Furniture Retailers Face Bankruptcies Amid Low Housing Market Turnover
Several U.S. furniture retailers have filed for bankruptcy and begun liquidation processes due to reduced demand from low home sales. Record-low housing turnover has resulted in fewer customers purchasing furniture. The situation reflects broader challenges in the retail sector t…