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economic crisis

20 Mar
As Pakistanis head to the polls, join us as we unravel Pakistan's electoral landscape, focusing on the economy and energy woes. Who is to blame for Pakistan's energy crisis and what role do IMF loans play in the country's politics?
3 Mar
Widespread hardship is triggering anger at the tough economic medicine prescribed by President Bola Tinubu, which is translating into high cost of living for ordinary citizens. Inflation hit 30% in January; the value of the Naira has dropped dramatically.
17 Nov
As Argentina gets ready to vote for a new president, over 40 percent of its population live under the poverty line as their budgets are squeezed by triple digit inflation. The two candidates running for president – far-right libertarian outsider Javier Milei and ruling Peronist economy minister Sergio Massa – are offering radically different solutions.
28 Oct 2023
The new note, which will be worth $11 or €10.2 officially, comes after consumer prices jumped by nearly 95% in the 12 months to the end of December.
3 Sep 2023
On 17 August 2023, popular protests over the high inflation rate and deteriorating economic situation in Syria erupted in the Druze majority city of Al-Suwayda, with hundreds of participants. These grew, and by 20 August, thousands of protesters chanted slogans demanding the downfall of Assad regime.
1 Jul 2023
Sri Lanka is deep in crisis and many people are barely able to afford fuel and food. The state lacks the money to help, and it is the poorest who are suffering the most. People like tea picker Nagamma and her family.
12 Jun 2023
Ghana remains determined to host the next Africa Games despite its worst financial crisis in decades. However, even in the wake of a multi-billion IMF loan, some supporters of the project have grown sceptical.
17 May 2023
He's the most powerful leader since Ataturk founded the modern Turkish republic a century ago. After three stints as prime minister, the highly divisive and populist Recep Tayyip Erdogan is seeking a third consecutive term as president in Sunday's elections. A champion of religious piety and low interest rates, his popularity has been hit by a cost-of-living crisis caused by rampant inflation.

Latest

43 mins ago
Tiger Woods is set to receive an equity bonus in the region of $100 million for staying on the PGA Tour rather than moving to LIV Golf. 193 of the tour’s golfers will receive the payment, which is funded by the Strategic Sports Group, which has invested $1.5 billion into the Tour.
55 mins ago
Videos falsely claiming to show Israel invading or bombing the Gazan city of Rafah have gone viral on X this week. Also, what do we know about Israel's planned invasion of Rafah, based on satellite images? We tell you more in this edition of Truth or Fake.
1 hour ago
Eye on Africa tours the Hope Hostel in Kigali. It's one of the lodgings prepared by Rwanda to take in migrants deported from Britain, the first of whom could arrive in a few months' time under a controversial policy.
1 hour ago
After years of a successful sporting career, Nigeria’s four-time kickboxing gold medalist, Jibrin Inuwa Baba, pays homage to his town Kano where he meets his coach at the Dambe boxing arena. His hope is to see young athletes equally succeed in their boxing career.
2 hours ago
As India's opposition leader Rahul Gandhi claims on the campaign trail that Prime Minister Narendra Modi has made the country into a "centre of unemployment", we look at the situation that young Indians face on the job market. Also in this edition, the US will see its first high-speed rail line in 2028, when commuters will be able to travel from Los Angeles to Las Vegas in just over two hours.
2 hours ago
The European Commission on Wednesday announced it is launching an investigation into Chinese public procurement of medical devices.