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2 Sep
The International Monetary Fund says a first agreement has been reached on a $2.9 billion loan to the bankrupt country. Sri Lanka is facing its worst economic crisis in more than 70 years.
9 Jul
As Russia cuts down gas deliveries to Europe, Germany's energy supplier Uniper reported "significant financial burdens" and asked the German government to help stabilize it.
2 May 2020
Lufthansa is seeking a €10 billion bailout that would give the German government a massive stake in the airline, Der Spiegel reports. The German flag carrier has said it is losing €1 million an hour due to the pandemic.
26 Aug 2019
Nigerian govt move to recover N614bn bailout fund from 35 States

Latest

35 mins ago
Earlier this month, Sweden experienced a political earthquake when the Sweden Democrats (SD), a party with neo-Nazi roots, became the country's second-largest party in parliament. For the first time, the far right was running not as an outsider, but as part of the traditional right-wing coalition.
35 mins ago
September 24th is the new viral date on TikTok, as some users believe there will be a global blackout on this date. The prediction comes from a speech given by the CDU party leader in Germany, Friedrich Merz. We tell you more in this edition of Truth or Fake.
53 mins ago
The devastating flooding in recent weeks has battered a country already struggling to revive its crisis-stricken economy.
1 hour ago
Uniper's situation has looked increasingly vulnerable following the closure of the Nord Stream 1 pipeline. Previously, Germany's largest importer of natural gas said soaring energy prices had hit the company hard.
1 hour ago
Kyiv has said Russian missiles landed near Ukraine's second-largest nuclear power station in Mykolaiv. Meanwhile, the Baltic states and Poland have closed their borders to Russians holding visas.
2 hours ago
As Chancellor Olaf Scholz planned to visit three gulf countries to discuss energy needs, Germany stepped up projects for LNG gas imports.