ECB shifts into crisis mode as coronavirus bites eurozone economy
15 March 2020 | 9:49 am
The COVID-19 shock to the global economy is forcing the European Central Bank to open its monetary spigots further. But unlike in previous crises, the ECB is short of ammunition as it faces a looming recession.
Ukraine war will have 'lasting consequences on global economy': IMF. Russia's invasion of Ukraine has sparked a massive humanitarian and economic crisis. Gita Gopinath, First Deputy Managing Director of the International Monetary Fund, tells France 24 the war will also have 'lasting consequences on the global economy.'
Putin‘s war on Ukraine is having a devastating economic impact. Countries across Europe face spiralling prices and shrinking markets. Our guests: Katja Gloger (Russia expert), Vendeline von Wedekind (The Economist), Vladimir Esipov (DW)
Stock markets in Shanghai and Hong Kong slumped on Tuesday, as investors fear the impact of the latest Covid-19 lockdowns on China's economy. Nearly 30 million people are now living under restrictions in the country, including in the technology manufacturing hub of Shenzen. Also today, Volkswagen has suspended production of vehicles at some plants in Germany over a shortage of parts that are supplied from Ukraine.
Putin's war on Ukraine is having a devastating economic impact. Countries across Europe face spiralling prices and shrinking markets. Guests: Katja Gloger (Russia expert), Vendeline von Wedekind (The Economist), Vladimir Esipov (DW)
The Organization for Economic Cooperation and Development is warning that Russia's war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe.
The Bundestag lifted the requirement to wear a mask in most places, despite a record number of coronavirus infections. The move has been criticized by the opposition Christian Democatic Union.
Baky Meïté is a former captain of the Ivory Coast rugby team. Back in the spring of 2020, he put his rugby career on hold to work as a janitor in a geriatric hospital in Paris. He has now published a book, "Les Chiffons Bleus", as a tribute to his former colleagues who appear somewhat forgotten today. He joined us for Perspective.
The omicron variant is driving case numbers in parts of China to levels not seen since coronavirus first emerged. But keeping case numbers at near zero means continued disruptions and lockdowns.
After Shanghai recently reported a new daily record for asymptomatic coronavirus infections, the city is locking down in two stages. It's the biggest step taken in the Chinese metropolis since the Covid-19 pandemic began more than two years ago. But some residents are complaining that the cost of China's strict aggressive zero-Covid strategy has become too great. We take a closer look.
Even as it said Germany likely passed the peak of omicron infections, the Robert Koch Institute warned coronavirus cases remained high. Despite this, the country is considering relaxing quarantine rules.
Most people in Germany support the government's coronavirus policies. But a small, yet vocal, minority rejects vaccinations, masks and distancing rules — and denies the existence of the virus. The conflict has changed Germany's social climate.
Lagos State Commissioner of Health, Dr. Akin Abayomi speaks to GuardianTV on how Lagos fought the deadly Coronavirus disease (COVID-19). An infectious disease caused by the SARS-CoV-2 virus that killed millions of people all around the world including Lagos.
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China has said it will allow COVID patients with mild symptoms to isolate at home, it has also reduced the scope of lockdowns where cases are noticed and made regional travel easier. This follows widespread protests.
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The Soviet Union collapsed in 1991, giving rise to Russia and 14 independent states. Now it seems Russian President Vladimir Putin no longer respects the sovereignty of those other nations. That’s led to a new patriotism in the ex-Soviet states.
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The M23 rebel group has said in a statement that they are ready to withdraw from occupied areas in eastern Congo. However, this comes amid reports of renewed fighting and as the DRC accuses M23 of killing 272 civilians.
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FIFA President Gianni Infantino heaped praise on the Qatar 2022 World Cup thus far, saying teams from across the world are competitively closer than ever before with all six geographical permanently inhabited continents having representatives in the knockout stages for the first time in history.
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The Economic Community of West African States (ECOWAS) is planning a peacekeeping force to intervene against jihadism in its member states and in the event of coups.