Inflation
3 days ago
The US Federal Reserve faces a tricky balancing act, as it tries to navigate high inflation and instability in the banking sector. Alexander Yokum, of CFRA Research, says the collapse of Silicon Valley Bank and Signature Bank could affect the Fed's next interest rate decision, despite a 6 percent jump in consumer prices.
10 Mar
Food prices contributed to the high inflation rates, increasing even more than fuel prices. The prices of energy products were 19.1% higher year-on-year in February.
16 Feb
Relentless rains in South Africa have claimed at least a dozen victims with the bad weather forcing the government to declare a national state of disaster. It comes less than a year after the country’s deadliest floods. And, as the civilian death toll rises from rebel fighting in Eastern Congo, more people are seeking refuge in the North Kivu town of Goma.
15 Feb
The government in Buenos Aires has imposed price caps on many goods to rein in runaway inflation. While the curbs are welcomed among low income locals, economists doubt they will remedy the country's persistent problem.
13 Feb
The European Commission has revised its economic forecasts upwards slightly, predicting growth of almost 1% in the bloc for 2023. Inflation is expected to slow but remain high, a little more so outside the eurozone.
5 Feb
A building-price explosion has ruined Germany's apartment-building plans. The rental market is becoming nightmarish, and experts say the government hasn't even begun to grasp the scale of the crisis.
21 Jan
Inflation in Germany stood at an aggregate of 7.9% for 2022, official figures show. That's the highest it's ever been in Germany's post-war history. Food and fuel prices in particular drove consumer prices skyward.
7 Jan
France's cost of living crisis shows signs of stabilizing, as inflation dropped from 7.1% to 6.7% in December. It's among the lowest levels in the Eurozone, but many households and businesses are still struggling. French bakers are asking for more financial aid, with the cost of flour up a staggering 45%.
5 Jan
France's cost-of-living crisis shows signs of stabilising, as inflation dropped from 7.1 percent to 6.7 percent in December. It's among the lowest levels in the eurozone, but many households and businesses are still struggling.
31 Dec
Consumers can expect more price rises in 2023 and 2024 as energy costs remain elevated, the head of a group of experts advising the German government said.
20 Dec
The head of Germany's central bank has said it will take until 2024 for inflation to decline sharply. Joachim Nagel said it would take time for the effect of higher interest rates to kick in.
Latest
2 hours ago
France's government decided to bypass the lower house of parliament with contested pension reforms. The snap decision came moments before a planned vote, sparking fury inside and outside of parliament.
2 hours ago
Is America facing a banking crisis? As regulators try to stem the fallout from the collapse of Silicon Valley and Signature Banks, we look at the risks for the rest of the system. Kate Moody speaks to economist Nicolas Veron from the Peterson Institute for International Economics and the European think tank Bruegel.
4 hours ago
Tunisian President Kais Saied ordered security forces to "halt the illegal migration of African migrants into the country." Has North Africa become the new go-to destination for African migrants and refugees? DW looks at the facts.
4 hours ago
In an interview with FRANCE 24 after the International Criminal Court (ICC) issued an arrest warrant for Russian President Vladimir Putin, the court’s chief prosecutor Karim Khan said it was an important day for international justice. The warrant marked “the first time ever that a head of state from a P5 has been charged” by the international court, said Khan referring to the UN Security Council’s permanent five members.
4 hours ago
It's been almost a year since the fire incident that razed millions of goods in over 500 shops and led to the immediate closure of Apongbon Bridge in Lagos. Almost a year later, this very important bridge has remained closed. But how are road users who take this route coping?
1 day ago
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