Euro falls to 20-year low against the dollar
By DW
07 July 2022 |
8:59 am
The euro has slumped to its lowest since 2002 against the dollar amid fears that a recession in the eurozone could be looming. The currency fell as low as $1.0281, threatening a push towards dollar parity.
Related
20 Jun 2022
The Japanese and Indian currencies plunged to their lowest records in decades against the US dollar as Washington looked set to hike interest rates in a bid to tackle inflation.
10 Jul 2022
Germany has slashed its public transport prices. In June, July and August, 2022, a monthly ticket to use all local public transport will cost just nine Euros. Is this a public transport revolution that the world should follow?
7 Jul 2022
Spain midfielder and women's Ballon d'Or winner Alexia Putellas will miss the women's European Championship after tearing her anterior cruciate ligament in training, the Spanish football federation (RFEF) said on Tuesday.
7 Jul 2022
The euro has slumped to its lowest since 2002 against the dollar amid fears that a recession in the eurozone could be looming. The currency fell as low as $1.0281, threatening a push towards dollar parity.
16 Jul 2022
As the euro dashes toward parity with the US dollar, currency traders say the slide is unlikely to stop there. While a weakened euro should worry European consumers, US travelers visiting Europe could benefit.
16 Jul 2022
EU finance ministers have decided to admit Croatia to the monetary union. The former Yugoslav republic is set to start using the euro in January.
25 Jul 2022
Many were hoping the nation-wide rail pass would be extended in the face of rising energy costs. According to a recent poll, most Germans said they supported lower rail prices, subsidized by the government.
26 Jul 2022
Sweden's Kosovare Asllani labelled the VAR at Euro 2022 a 'catastrophe' on Monday ahead of the semi-final against hosts England on Tuesday at Bramall Lane in Sheffield.
27 Jul 2022
We look at reactions to the resignation of a close adviser to Hungarian Prime Minister Viktor Orban, following comments he made about the “race mixing” of Europeans and non-Europeans. Also, France's women's football team confronts Germany for a spot in the Euro final. Finally, we look at what “Bennifer” got up to during their Paris honeymoon and Damien Hirst's latest project, which will see him burn his own artworks.
4 Aug 2022
A heated debate is raging over the future of public transport in Germany. Three months of heavily reduced tickets are soon coming to an end. The government is split on what comes next.
13 Aug 2022
Germany's €9 monthly travel pass has boosted rail usage, particularly in more rural and tourist areas, the latest statistics suggest. However, road usage is virtually unchanged, suggesting little impact on commuters.
31 Aug 2022
Over the summer, the ultra-cheap ticket gave Germans access to train, metro and bus services nationwide. Rail operator Deutsche Bahn said it sold 26 million tickets, but the final tally is likely to be much higher.
Latest
1 day ago
The launch of another North Korean ballistic missile comes as South Korean and US forces conduct an 11-day joint military drill called "Freedom Shield 23."
1 day ago
At least 14 people were killed and many more trapped under rubble following a strong quake. The epicenter was about 80 kilometers south of Guayaquil, the second largest city in Ecuador.
1 day ago
Rapper Rick Ross has become embroiled in a dispute with a neighbour after his pet buffaloes escaped from their paddock at his estate in Georgia and started roaming around the neighbourhood.
1 day ago
India and Pakistan traditionally have hostile relations, but there is hope on one front, at least. In order to enable the Sikhs from India to make a pilgrimage to one of their holiest shrines, a "peace corridor" has been opened between the two countries.
1 day ago
The UN's Intergovernmental Panel on Climate Change (IPCC) has published a landmark report on climate change. Prepared by hundreds of world's top scientists, it lays out the impact of global warming so far, as well as the tools available to prevent climate catastrophe. The report says today's record heat will be ordinary in a generation's time. Meanwhile, Swedish climate activist Greta Thunberg has denounced a "betrayal" by world leaders for failing to act on climate change. FRANCE 24's Science Editor Shirli Sitbon gives us her analysis.