economic crisis
20 Mar
As Pakistanis head to the polls, join us as we unravel Pakistan's electoral landscape, focusing on the economy and energy woes. Who is to blame for Pakistan's energy crisis and what role do IMF loans play in the country's politics?
3 Mar
Widespread hardship is triggering anger at the tough economic medicine prescribed by President Bola Tinubu, which is translating into high cost of living for ordinary citizens. Inflation hit 30% in January; the value of the Naira has dropped dramatically.
17 Nov
As Argentina gets ready to vote for a new president, over 40 percent of its population live under the poverty line as their budgets are squeezed by triple digit inflation. The two candidates running for president – far-right libertarian outsider Javier Milei and ruling Peronist economy minister Sergio Massa – are offering radically different solutions.
28 Oct
The new note, which will be worth $11 or €10.2 officially, comes after consumer prices jumped by nearly 95% in the 12 months to the end of December.
3 Sep 2023
On 17 August 2023, popular protests over the high inflation rate and deteriorating economic situation in Syria erupted in the Druze majority city of Al-Suwayda, with hundreds of participants. These grew, and by 20 August, thousands of protesters chanted slogans demanding the downfall of Assad regime.
1 Jul 2023
Sri Lanka is deep in crisis and many people are barely able to afford fuel and food. The state lacks the money to help, and it is the poorest who are suffering the most. People like tea picker Nagamma and her family.
12 Jun 2023
Ghana remains determined to host the next Africa Games despite its worst financial crisis in decades. However, even in the wake of a multi-billion IMF loan, some supporters of the project have grown sceptical.
17 May 2023
He's the most powerful leader since Ataturk founded the modern Turkish republic a century ago. After three stints as prime minister, the highly divisive and populist Recep Tayyip Erdogan is seeking a third consecutive term as president in Sunday's elections. A champion of religious piety and low interest rates, his popularity has been hit by a cost-of-living crisis caused by rampant inflation.
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34 mins ago
Rescuers in Indonesia are engaged in a search effort after deadly landslides hit villages on the island of Sulawesi.
34 mins ago
With China set to have 400 million elderly people by 2035, authorities are trying to figure out how to take care of them. Family structures were transformed with the now defunct one-child policy. Even now, the birth rate continues to plummet.
1 hour ago
Iranian troops rappelled from a helicopter and boarded the ship near the Strait of Hormuz. The Israeli military said Iran would face consequences for escalating the tense situation between the two countries.
1 hour ago
This Monday marks 12 months since war broke out in Sudan, caused by a power struggle between rival generals: on one hand, the army headed by General Abdel Fattah al-Burhan; on the other, the RSF paramilitary commanded by General Mohamed Hamdan Dagalo, also known as Hemedti.
2 hours ago
More than a million people, including children, have fled their homes in the volatile Central Africa Republic to Cameroon. Not all have given up hope.
2 hours ago
As the Olympic flame begins its journey to Paris and the French capital prepares to host some 15 million tourists in less than four months' time, more than 80 NGOs are denouncing a form of "social cleansing". Authorities in the French capital has been relocating people from the streets in the city centre and around the Olympic sites. These vulnerable populations include homeless people, migrants and drug addicts.