IMF’s Lipton Says Global Recovery ‘Gaining Some Momentum’

Prime Minister Rishi Sunak visits Washington as the UK looks for closer economic ties after leaving the EU. China denounces Europe's new "economic weapon" aimed at preventing Beijing from putting trade pressure on EU members over support for Taiwan, and TikTok aims to quadruple its e-commerce revenues.

China is increasingly becoming a key trading partner for Germany. But is it a good economic partnership? DW takes a look from Berlin to Beijing and talks with the German Chambers of Commerce in Beijing.

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.

The agreement should just be viewed as a "stopgap" that gives Pakistan time and some resources needed to pull its economy back from the verge of default, say experts.

As protests against Israeli PM Benjamin Netanyahu's revised plans to reform the courts flare up, we take a look at the impact the controversy has had so far on the country's economy. The Israeli tech sector, which represents 15 percent of GDP, is among those most opposed to the plan. Also in this edition, FRANCE 24's Yinka Oyetade takes a look at how China's youth is turning to street vending in a context of high unemployment.

The removal of fuel subsidy and subsequent increase in fuel price from about NGN180 to NGN500 in June by the current administration hit businesses and individuals across Nigeria in no small measure. But as of today, prices of fuel have taken another drastic increase from NGN500 to over NGN700. Already, NNPC filling stations across the country have adjusted and started dispensing at NGN617.

Sri Lankan President Ranil Wickremesinghe discussed potential joint infrastructure projects, including building a land bridge across the Palk Strait, during an official visit to India.

A nationwide strike called by Nigeria's labor unions to protest against the removal of a petrol subsidy and demand a new minimum wage got off to a slow start on Wednesday as most businesses were open, though with reduced traffic in some spots.

Germany's industrial output has dropped significantly, with the country's economy ministry warning that, amid a pessimistic outlook, there are no signs of light at the end of the tunnel.

The Philippine government summoned China's ambassador on Monday and presented a strongly worded diplomatic protest over the Chinese coast guard's use of water cannons in a weekend confrontation with Philippine vessels in the disputed South China Sea, officials said.

History shows the economic impact of technological advances is generally uncertain, unequal and sometimes outright malign.

As BRICS leaders meet in Johannesburg on Tuesday, they will be sure to discuss ways to increase commercial exchanges within the bloc of emerging economies comprised of Brazil, Russia, India, China and South Africa. The group, which represents 16% of global trade, will also look to encourage the use of local currencies in exchanges. However, the Brazilian idea of creating a common currency for the bloc appears to now be on the back burner.