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Millions of Chinese firms face collapse if banks don’t act fast
Brigita, a director at one of China’s largest car dealers, is running out of options. Her firm’s 100 outlets have been closed for about a month because of the coronavirus, cash reserves are dwindling and banks are reluctant to extend deadlines on billions of yuan in debt coming due over the next few months. There are also other creditors to think about.
Over-hunting walruses contributed to the collapse of Norse Greenland: Study
The mysterious disappearance of Greenland's Norse colonies sometime in the 15th century may have been down to the overexploitation of walrus populations for their tusks, according to a study of medieval artefacts from across Europe.
US-South Korea military cost-sharing talks collapse
The latest round of military cost-sharing talks between South Korea and the United States has collapsed, in a rare public disagreement in the 66-year-old alliance between the two countries.
Hezbollah leader: Protests could push Lebanon into chaos, collapse
Lebanon’s Hezbollah leader Sayyed Hassan Nasrallah warned on Friday that nationwide protests could push the country into chaos, collapse and, “God forbid”, civil war.
Romania government collapses in no-confidence vote
Romania's beleaguered left-wing government collapsed in a no-confidence vote Thursday, paving the way for the president to appoint a new prime minister.
Travel group's collapse prompts biggest ‘peacetime repatriation’
The collapse of the travel group Thomas Cook has triggered something akin to a political and economic crisis in Britain, with dramatic news of tens of thousands of holidaymakers stranded abroad.
Travel chaos, jobs losses as UK firm Thomas Cook goes bust
Hundreds of thousands of travelers were stranded across the world on Monday after the British tour company, Thomas Cook collapsed, immediately halting almost all of its flights and hotel services and laying off all its employees.
Seven dead, dozens injured in Nairobi school collapse
At least seven children died after a classroom collapsed at a primary school in the Kenyan capital Nairobi, officials said.
Collapse us if you can, British government dares Brexit opponents
Prime Minister Boris Johnson’s government on Thursday challenged opponents of Brexit in parliament to collapse the government or change the law if they wanted to thwart Britain’s exit from the European Union.
US will be responsible if Iran nuclear deal collapses: Russian diplomat
A senior Russian diplomat has urged the US to stop using “methods of blatant blackmail and intimidation” aimed at forcing Iran out of a 2015 multilateral nuclear deal, saying Washington will be responsible if the accord collapses.
Major UK steel company risks immediate collapse with 25,000 jobs
Britain’s second largest steel producer is facing a risk of immediate collapse as the government ignores calls to save some 25,000 jobs by granting a $38 million loan to the company.
Another Brazil dam on verge of collapse after 230 killed
Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 people.
Talks to end Brexit deadlock collapse
Britain's Labour opposition pulled the plug Friday on six weeks of Brexit compromise talks with Prime Minister Theresa May, blaming her evaporating authority as her premiership nears its death throes.

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