This is how Nigeria can unlock its economic potential
09 November 2017 | 4:23 pm
Nigeria’s economy beat the recession in Q2 of this year spurred by a recovery in the oil production and improvements in foreign exchange availability. However, concerns remain that the economy is still not living up to its full potential.
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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)
Following independence in 1991, Ukraine's economic development was hamstrung by corruption, capital flight and a lack of reforms. Recent improvements are now being threatened by Russia's war in the country.
French car giant Renault announced Wednesday it was immediately suspending operations at its Moscow factory after Kyiv called for a boycott of the company for remaining in Russia.
Amid supermarket food rationing, a truck drivers' strike over petrol prices and rising inflation in Spain, the country's economy minister tells FRANCE 24 that it's "essential" for Madrid to be allowed to take measures to bring electricity prices down. "We're working with the Commission to have an authorisation to decouple our energy market and thus stop this price increase […] It doesn't make sense that Spanish and Portuguese citizens do not benefit from the fact that we have for instance at least 50 percent of our generation from renewables. This is very cheap and clean energy and our citizens should benefit from these low prices," Nadia Calviño explains.
Costa Rica is considered a model country in Central America. But the pandemic and corruption have exacerbated inequality and poverty.
The war in Ukraine means a worsening of Poland’s economic outlook, an increase in inflation and possible stagflation. But it also means a big hole in the country’s labor market is being filled.
As more Ukrainians flee the Russian invasion, European governments are trying to meet the initial cost of supporting those refugees. One estimate puts the figure at $30 billion for this year alone. In this special show, we examine how a refugee crisis impacts the economy of host countries. Economist Emmanuelle Auriol from the Toulouse School of Economics shares her insights. We also speak to the founder of SEP, a group that's giving women refugees at the Jerash Camp in Jordan a fresh start through embroidery.
The coronavirus pandemic forced many companies to halt business travel almost overnight. The economic consequences for airlines and hotels have been dramatic, leaving many to wonder if corporate travel will bounce back.
The World Bank has estimated Ukraine's economic output will almost halve this year, slumping 45% as a result of the war with Russia. DW discussed that with Dmytro Los, chairman of Ukraine Business & Trade Association.
Beating expectations, Chinese economy grows 4.8% in first quarter of 2022. Over the first three months of the year, China's economy expanded at an annual rate of nearly 5 percent when compared to the same stretch last year. But as Covid-19 lockdowns roll on, the country's annual growth target looks hard to reach.
Emmanuel Macron and Marine Le Pen have outlined differing visions for the French economy ahead of Sunday's election. The presidential candidates want to tackle the top issue for French voters: the rising cost of living. Daniela Ordonez, Chief French Economist at Oxford Economics, breaks down the different proposals and what they would cost the French state.
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In the US, a small number of Patriotic Millionaires has banded together to demand the government tax the rich. They say tax revenue is the fuel the country runs on. Meet an American multimillionaire in Georgia who'd gladly pay his fair share.
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Kenyans are just hours away from heading to the polls for a general election. They will choose governors, MPs and a new president, marking the end of Uhuru Kenyatta's nine years in office. Also, as grain exports from Ukraine slowly resume, we take a closer look at fertiliser, another product from the region that Africa depends on. Finally, Chad's military government and more than 40 opposition groups sign a deal to launch national peace talks later this month.
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Find these stories and much more when you grab a copy of The Guardian on Wednesday.
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FRANCE 24 sat down with Mykhailo Fedorov, Ukraine's deputy prime minister and minister of digital transformation. The ministry was created in 2019 because President Volodymyr Zelensky had promised that Ukraine would be a pioneering e-government. Since the Russian invasion, digital transformation has been put on a "war footing", Fedorov said. He told FRANCE 24's Gulliver Cragg about several projects: a chatbot that allows people to send information about the movements of the Russian army, a joint project on drones with the Ukrainian military, as well as the use of artificial intelligence for facial recognition. The latter includes identifying slain Russian soldiers and informing their families via social media.
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UN investigators have said there is growing evidence of crimes against humanity in Myanmar since last year's military coup. The team said it had compiled documentary evidence of the junta's crackdown on dissent.