China needs to boost infrastructure investments: AllianceBernstein
15 August 2019 | 7:43 am
Ji Mo, chief economist for Greater China at AllianceBernstein, talks about the Chinese economy and policies. Latest figures show China’s economy slowed more than expected in July, worsening growth prospects as trade tensions escalate and additional U.S. tariffs loom.
18 Apr 2021
As one of the most popular places in Europe for holidaymakers, Spain is doing everything it can to save its tourism sector. Flights are back up and running, and foreign tourists are allowed in with negative PCR tests. Germans and French are topping the visitor lists to the Balearic Islands to enjoy the beaches, bars and restaurants. Paradoxically, Spaniards are banned from travelling between regions. The Spanish tourist sector is complaining about such contradictions, and many Spaniards are fed up with what they feel are inconsistent Covid-19 restrictions. Our correspondents report.
14 Apr 2021
The head of France's central bank has said he expects the French economy to recover from the pandemic slump by the middle of 2022. The bank is expecting the economy to grow by 5.5 percent this year, after a slump of more than 8 percent in 2020. The April lockdown is also having a limited effect on economic activity, according to the bank's latest report. Meanwhile, French industry is suffering from shortages of key materials such as semiconductor chips, wood and metals, which may cause consumer prices to rise.
16 May 2021
In Djibouti, refugees from Yemen, foreign soldiers or Ethiopian truck drivers meet at a thousand-year-old crossroads between Arabia and Africa. Flows of people carrying different currencies. To exchange their forex, they all turn to the woman money changers ply their trade on the capital's street corners.
26 May 2021
Europe's biggest economy contracted by 1.8% in the first three months of this year compared with the previous quarter. The coronavirus pandemic has been a major factor slowing growth.
12 Jun 2021
Europe and Africa are to join forces to tackle the pandemic's economic fallout and climate change. Politicians and experts met at an "Africa Roundtable" in Berlin to discuss how to reset their relationship.
8 Aug 2021
It looks like good news for Germany's economy, but some experts are cautioning against too much optimism. German breweries are also struggling to share the excitement.
7 Aug 2021
Iran's newly-inaugurated ultraconservative President Ebrahim Raisi vows that his government will endeavour to get US sanctions lifted but will not wait for foreign help to rescue the battered economy.
8 Aug 2021
Despite security threats and growing local resentment, China continues to pump billions of dollars into Pakistan and invest in a wide range of sectors.
10 Aug 2021
For more than six decades, the cocoa that Richard Ambassa Mbassiga harvested from his plantation in central Cameroon faithfully paid for everything his family needed. Irregular rainfall and prolonged dry seasons have since sucked the moisture from the soil, killed cocoa trees, and cut the yield from his farm.
12 Aug 2021
A growing number of entrepreneurs in Cameroon are using the label 'Made in Cameroon' for nationally-made products to encourage consumers to buy local and boost the import-dependent economy.
6 Sep 2021
In the mountains and jungles of southwestern Colombia, rural workers toil doggedly in the coca fields despite the dangers posed by guerrillas and drug traffickers -- and despite the government's anti-drug campaign.
18 Sep 2021
More than 90 percent of fishers and seafood processors from the world's deepest lake Tanganyika, lack refrigerators for storing fish stocks. With the FISH4ACP project, the UN food agency FAO, the EU, and the German government want to help unlock the economy of fishing communities in Tanzania and other countries.
24 mins ago
The Ukrainian government has been unable to collect taxes since Russia's invasion, and now international support aims to prop up its budget.
53 mins ago
She is the first woman to hold the position in over 30 years. French President Emmanuel Macron and Borne were expected to appoint the full government within days.
53 mins ago
American military leaders said the soldiers would help counter the Islamic extremist group al-Shabab in the Horn of Africa country.
54 mins ago
Elisabeth Borne has been appointed France's new prime minister. The former transport, ecology and labour minister faces numerous challenges, with the most pressing priority being helping French households with the soaring cost of living. She will also need to tackle the thorny issue of pension reform as well as steer the country through a major energy transition. Plus, Moscow residents display mixed feelings after US fast food giant McDonald's announces it's pulling out of Russia for good.
2 hours ago
Researchers from the US and France say that having more than 2 kids could have a negative effect on late-life cognition. The researchers analyzed data from the Survey of Health, Aging and Retirement in Europe (SHARE).
2 hours ago
In the French region of Burgundy, home to the city of Dijon, it's not just the grapes that are famous. The region's other star fruit is the blackcurrant. A whole market has emerged based on the cultivation of this small berry. Today, the precious black fruit is transformed in many ways. Its best-known use in France is in the production of the famous liqueur known as crème de cassis, but blackcurrant is also used in cooking and even in the cosmetics and pharmaceutical industries. We take a closer look.