Kuwait’s looming expat bill could force huge numbers to leave
23 July 2020 | 7:00 am
A Kuwaiti draft law seeking to drastically cut foreign workers' numbers has them on edge. As the economy falters amid the coronavirus pandemic, expatriates who call the Gulf country home are in the firing line.
June 4, 2023
July 28, 2023
Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. To make matters worse, the outlook for the rest of the year isn't looking much brighter.
Factory takeovers? Price controls? Food rations? What do European politicians mean when they stress — or dismiss — the need for a 'war economy'?
In mainland Europe's westernmost country, water is becoming scarce. Still, Portuguese politicians continue to focus on economic activities that consume particularly large amounts of water, activists say.
Following the reelection of President Recep Tayyip Erdogan, analysts are asking whether Turkey sticks to the unorthodox low interest rate policy he has supported. The crisis-ridden market may be heading for a turnaround.
Less than a week after the Wagner Group's attempted coup, uncertainty reigns in Russia. Opponents of Vladimir Putin are considering other threats to his leadership, including the economy. The oil price is a major hitch.
Economists set a gloomier outlook for the coming months, as official data showed Germany's GDP stayed flat in the three-month period between April and June.
A new study has shown that Germans still find tackling climate change important, but the data also revealed discrepancies over what people are actually willing to do about it.
Germany's economy is in decline. Now the main opposition party, the center-right CDU, has presented an emergency program to combat the recession, stepping up pressure on Chancellor Olaf Scholz.
After five days of consecutive losses, the Russian ruble has crashed below a psychologically important mark of 100 rubles for $1 US. What's causing the slide?
The German economy emerges from recession, but is still in a phase of weakness. From April to June, it recorded zero growth compared to the previous quarter.
Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.
As a group of senior Gabonese military officers announce they have seized power and placed President Ali Bongo under house arrest, we take a closer look at Gabon's economic situation. The Central African nation is the fourth-largest oil producer in sub-Saharan Africa, but a third of its population lives below the poverty line. One particular source of frustration lies in the high levels of corruption: the country ranks 136th in Transparency International's Corruption Perceptions Index.
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Nigeria's wood industry is growing as trees are felled in the country's hinterlands and transported to Lagos. But the country's forests are disappearing.
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Nigeria’s Federal Inland Revenue Service has fixed a December 31 deadline for the waiver of penalties and interests for overdue taxes based on full principal payment. Muda Yusuf, the Director of the Centre for the Promotion of Private Enterprises joins CNBC Africa to discuss the impact of this on revenue generation and increasing tax nets.
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At least 11 climbers have died due to the volcano eruption in Indonesia, while authorities are working to locate 12 others, local media reported on Monday.
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Find these stories and much more when you grab a copy of The Guardian on Tuesday.
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Victories in key Indian states put Prime Minister Narendra Modi in a strong position ahead of general elections in 2024. It was a blow for the Indian National Congress, leading an alliance hoping to unseat Modi.
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At least 20 people have been killed by floods after heavy rain in the Manyara region of northern Tanzania, the ministry of health said on Sunday, with video released by the Tanzania Red Cross Society showing muddy waters gushing down streets.
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