Dramatic rise in Germans relying on food banks

Riad Salameh held the post for 30 years, but is now wanted in several European countries for alleged financial crimes. One of his vice-governors will temporarily take over.

The interest rate was increased to an anticipated 5.25%, the bank's 14th hike in a row. The bank is expected to continue with its policy of hiking the interest rate in the next months to combat inflation.

As the United Nations Security Council convenes, global food insecurity takes center stage with a looming crisis threatening vulnerable populations.

Food prices have been rising rapidly since the Economic Community of West African States began pressuring coup leaders to reinstate President Mohamed Bazoum. Ordinary Nigeriens say they are already starting to feel the sting of ECOWAS sanctions.

Although Russia ended the so-called grain deal with Ukraine, prices have not skyrocketed as they did after the start of the war. Since the grain market didn't panic, the focus is now shifting to Russian grain exports.

The Russian ruble hit its lowest level since March 2022 when the currency crashed following Moscow's invasion of Ukraine. Inflation, meanwhile, has remained persistently high.

Bankly, the popular Fintech company that specializes in payment processing through POS terminals, has today announced the launch of Bankly Microfinance Bank. The launch of Bankly Microfinance Bank marks a significant milestone in Bankly’s journey to provide accessible financial solutions to individuals and businesses across Nigeria.

The People's Bank of China announced it was cutting its key one-year interest rate for the second time in three months on Monday, but left its five-year rate unchanged.

Strengthening the New Development Bank (NDB) — or the so-called BRICS Development Bank — is top agenda of the BRICS summit agenda. Could the NDB, backed by the five emerging world economies: Brazil, Russia, China, India and South Africa, replace existing financial institutions, such as the IMF, in lending funds to developing nations?

The 30-year tenure of the former governor of the Bank of Lebanon Riad Salameh culminated in controversy, inquiries and sanctions. What role did the once respected financial authority play in Lebanon's economic collapse?

It has been a month since the military seized power in Niger. The ECOWAS bloc of African states has imposed sanctions, and access to food is getting scarce in the landlocked country. In the city of Tillaberi, people are feeling the effects.

Food bank Les Restos du Coeur, responsible for one third of food assistance in France, warns that financial difficulties could force it to close within the next three years. We take a look at how France's richest man reacted to the announcement and why he drew criticism. We also discuss concerns about the rising popularity of the far right in France, and finish with some shocking falsehoods in online learning materials for high school students in Sao Paulo.