Global prices for the commodity have doubled recently. Russia’s invasion of Ukraine is partly yet not fully to blame. DW looks into what’s moving wheat prices and what role financial speculation plays. Until the end...
The European Central Bank has left the interest rate unchanged but indicated that it will rise in July — the first hike since 2011. It is also halting a program which ultimately amounts to printing...
Tesla chief Elon Musk sent an email to executives announcing staff cuts and a worldwide hiring pause. He attributed the announcement to a “super bad feeling” he has about the economy, Reuters reports. Elon Musk, the...
As food prices rose and war broke out in Ukraine, investors looking for a sure bet flocked into food commodities. The trend could be pushing prices up even further, with live-or-die consequences for the world’s...
With record-high temperatures in Northern Africa and worries over food security rampant from Egypt to Morocco, agrivoltaic projects in the region are getting ever more attention. As food and energy security emerge as top priorities in several...
Medicines have been extracted from plants for thousands of years and new ones are still being discovered. Here are several plant extracts with robust medical benefits. Humans have been extracting the healing properties of plants...
Canada’s government has said it will ban the use of the two Chinese telecommunications giants’ 5G gear due to national security concerns. The move follows similar restrictions in other Western countries. Chinese telecommunications giants Huawei...
Rising energy and commodity prices resulting from Russia’s war in Ukraine are slowing Europe’s economic growth and increasing inflation. The European Commission on Monday lowered the eurozone growth forecast for 2022 down to 2.7% from a...
A series of shocks have combined to send prices spiraling in the UK. Inflation is a global problem, but Boris Johnson’s government is being accused of making things worse for consumers. The UK is entering...
China’s zero-COVID policies are beginning to severely hit the country’s global export engine. Prolonged lockdowns led to particularly sluggish export growth in April, new figures show. China’s export growth fell sharply to 3.9% in April,...
The European Commission said that Apple apparently “abused its dominant position” in developing its Apple Pay system. The US company could face billions in fines. The EU’s top executive body said on Monday that it has...
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass payment bottleneck created by Western sanctions. Turkey wants to boost...