We study the drivers and real effects of credit supply shocks during a major non-financial recession, the COVID-19 crisis. Using data on the universe of bank loans in Mexico, we isolate the supply-driven

Many real-world bargaining problems feature a single proposer and delays in reaching agreements.

Recruitment officers beat draftees to force them to go to the front lines, a captured Ukrainian soldier told the Russian Defense Ministry

Ukrainian draft officials

Ahmad al-Sharaa led the Islamist group Hayat Tahrir al-Sham, which seized power in Damascus in 2024

US President Donald Trump has praised Syrian President

The broadcaster's staff are reportedly in a "civil war" against its management after the Trump documentary episode

The “woke pro-trans” staff at BBC News are “at war” with

Behind the headlines, Russia's advance in Donbass reveals shifting tactics, collapsing defenses, and the stakes of 2025's decisive fight

Businessman Timur Mindich is reportedly a key figure in an anti-graft probe into a "high-level criminal organization"

A long-time ally of Vladimir Zelensky

Brussels "didn't even try" to deploy its own specialized police unit to deal with recent UAV incidents, Nieuwsblad has reported

Despite having its own specialized

Washington announced the move on the same day as President Donald Trump met with the Middle Eastern nation's leader at the White House

The US has prolonged the suspension of a

The two Southeast Asian nations signed a peace deal last month, which the US president took credit for

Thailand has suspended a peace deal with Cambodia reached