A wave of defaults and debt crises are likely to hit emerging nations, such as Pakistan, Egypt, Tunisia and El Salvador, Bloomberg reports

The UN has called for an end to the “global addiction to fossil fuels” amid a worsening energy crisis

Canada will return crucial equipment, needed for maintenance on the Nord Stream 1 gas pipeline, to Russia via Germany

Boeing’s CEO has threatened to ax the largest plane in the 737 family unless Congress extends a regulatory deadline

Fitch has downgraded Turkey’s debt rating, citing spiraling inflation and major concerns about the nation’s economy