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Beating inflation: How do Europe and the US compare?Inflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected. Interest rate cuts are off the table for now amid wider economic concerns.

Palestine’s economy in ruins, as Gaza war sets development back two decadesThe relentless Israeli offensive in the Gaza Strip has set back Palestine’s overall socio-economic development by more than 20 years, according to a new UN report released on Thursday.

How can the United States and the EU tame inflation?Inflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected. Interest rate cuts are off the table for now amid wider economic concerns.

EU and US grapple with rate cut conundrum as inflation returnsInflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected. They are keeping interest rate cuts off the table for now and raising wider economic concerns.

Turkey: Hundreds detained at May Day rallies in IstanbulPolice blocked off parts of Turkey's largest city and used tear gas and rubber bullets to stop demonstrations. There were also clashes and angry scenes at other workers' rallies worldwide.

Germany's energy transition: Can a new hydrogen scheme help?Germany's obsession with avoiding fresh debt has led to doubts about its energy transition. Now, a novel mechanism for its hydrogen strategy could become a blueprint.

Could the answer to 100% renewable energy in Dominica be under the ground?A small but growing number of countries are well on their way to producing all of their electricity from renewable sources. Dominica, in the eastern Caribbean, is planning to join these pioneers and become the first small...

Lufthansa sees 'turning point' after Q1 marred by strikesLufthansa is looking to cut costs, including in management, after repeated strikes weighed heavily on Q1 figures. But with the dispute settled and a busy summer anticipated, the CEO touted an imminent "turning point."

War in Ukraine: Why is the EU still buying Russian gas?Although the EU has dramatically reduced the amount of Russian gas it imports, significant quantities are still flowing into the bloc.

Spain busts counterfeit ring behind fake euro coinsAfter years of investigation, Spanish police have arrested 10 individuals allegedly responsible for bringing forged €2 coins into circulation throughout the EU. So how can you tell if that coin in your hand is real?

Why Russia and Iran can dodge Western sanctionsIran has been living with Western sanctions for almost 40 years, and never have so many sanctions been imposed so quickly as against Russia. Although their effect is limited, there is little alternative.

German consumer confidence hits two-year highConsumer confidence rose for the third month in a row in Europe's largest economy, according to a market research survey. Germany is seeing mild economic improvement after grappling with slow growth and inflation.

US economy: GDP growth slows to 1.6% in first quarterThe US growth rate was substantially lower than the 2.4% widely predicted by analysts. The fall in the growth rate comes alongside declining consumer spending and exports.

Indonesia complains EU trade deal taking too longThe Southeast Asian nation accuses Brussels of "regulatory imperialism" following recent disputes over deforestation and nickel. But it's still hoping for an agreement.

America's billion-dollar bet on US chipmakingJoe Biden is desperate to bring advanced chipmaking to the country, and is willing to pay a lot for it. Using the CHIPS Act, the government is splurging billions to lure manufacturers. But can they compete with Taiwan?

European ports swamped with cars amid China EV offensiveSome European ports are struggling to cope with a massive influx of vehicles. The surge in imports, mostly from China, has transformed these ports into vast parking lots causing congestion and delays.

Economic hurdles of EU expansion into Eastern EuropeRussia's invasion of Ukraine has pushed enlargement back on the European Union's agenda. But how much would taking on new members like Ukraine, Moldova and Georgia strain the bloc's budget?

Israeli economy moves toward normality despite the warThe Israeli economy suffered a major contraction following the October 7 attacks and subsequent war. However, it is beginning to show signs of recovery.

From Dominica to Vogue: Big dreams on a small islandBecoming a successful international fashion photographer is hard for anyone, but it’s particularly difficult if you grow up in Dominica, a small Caribbean country regularly hit by hurricanes. This hasn’t deterred Josiah Johnson, an aspiring...

WMO report: Asia hit hardest by climate change and extreme weatherAsia remained the world’s most disaster-affected region in 2023 due to weather, climate and water-related hazards. Storms and floods have hit the hardest, a new report published by the World Meteorological Organization (WMO) on...