US Federal Reserve lowers interest rate for first time in over a decade
02 August 2019 | 6:03 am
The US central bank cut interest rates for the first time since 2008, citing concerns about the global economy. The move comes amid economic uncertainties amid President Donald Trump's trade wars and Brexit.
24 Jun 2022
The European Union should change the way it does business with Africa to redress imbalances left over in part from the colonial era, EU lawmakers have said.
13 Jul 2022
For years, Vietnamese children and teenagers have been disappearing in Germany. Those responsible are unscrupulous human traffickers whose networks span continents.
21 Jul 2022
Soaring inflation is prompting the bank to raise interest rates from current historic lows. The move could put a brake on rising prices but might also dampen growth.
24 Jul 2022
The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) banned trade in ivory in 1989. That decision has helped the endangered African elephant increase its population, but Zimbabwe says it wants the ban relaxed so ivory stockpiles can be sold.
23 Jul 2022
The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) banned the trade of ivory in 1989. That decision has helped increase the population of endangered African elephants, but Zimbabwe says it wants to relax the ban so ivory stockpiles can be sold.
28 Jul 2022
Economic instability has Indian investors and exporters worried about receiving payments. The Indian government is doing what it can to help keep essential goods moving.
29 Jul 2022
One year after the implementation of the African Continental Free Trade Area Agreement (AfCFTA), which came into force on January 1, 2021, Nigeria continues to lag behind in making the trade agreement operational owing to structural challenges, Coronavirus pandemic, and lack of consensus on trade protocols and strategy among stakeholders.
6 Aug 2022
Shepherd Chowe pushes a cart filled with tins, iron rods and other metallic objects down a dusty pathway in Hopley, a poor settlement about 15 km west of Zimbabwe's capital, Harare. He is among desperate Zimbabweans selling scrap metal for survival as the cost of living soars, piling pressure on a population already facing food shortages and high unemployment, and stirring memories of economic chaos years ago under the late leader Robert Mugabe's near four-decade rule.
7 Aug 2022
The Bank of England has warned that Britain is facing a recession as it hiked its benchmark interest rate by 0.5%.
7 Aug 2022
The two sides both accused each other of carrying out three strikes on the Zaporizhzhia plant. Meanwhile, more grain ships departed from Ukrainian ports under a Turkey-brokered deal.
12 Aug 2022
India is trying to strengthen its long-standing ties to countries on the continent as New Delhi attempts to catch up with China, which has emerged as Africa's largest trading partner.
13 mins ago
When the 2019 revolution began in Sudan, paintings touting democracy and freedom appeared at sit-ins. These paintings made a strong impression on the young generation, who discovered a new means of expression after decades of censorship under Omar al-Bashir. After the military seized power in a coup d’état in October 2021, artists continued to express their thirst for freedom.
13 mins ago
The instability of old buildings was responsible for much of the wreckage in Monday’s earthquake along the Turkey-Syria border. But the earthquake was also abnormally strong for its magnitude.
3 hours ago
The visit comes as Prime Minister Rishi Sunak said the UK will train Ukrainian pilots on "NATO-standard fighter jets.''
3 hours ago
The operation to gather pieces of the balloon comes as US officials reportedly said the device was part of a vast spy program. The incident has brought increased strain on US-China ties.
3 hours ago
Dozens of people have been injured in clashes between anti-government protesters and security forces in Peru's capital, Lima. The unrest that started after the ousting of President Pedro Castillo in December has now spread to many parts of the country.
6 hours ago
Rescuers worked into the night in Turkey and Syria following Monday's devastating earthquake. But cold weather means time is short for possible survivors. More than 9,000 people have been killed. DW has the latest.