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...
Emmanuel Macron’s victory against Marine Le Pen was narrower than five years ago. If he wants to stop the far-right from rising further, the president will need to adapt his program — and his ways,...
The negative economic effects from Russia’s invasion of Ukraine will significantly hurt global growth, the IMF has said. Increasing food and fuel prices have raised the prospect of unrest in poorer countries. The economic damage...
It’s the latest attempt to slow soaring inflation and quell the anger of protesting Sri Lankans calling for President Gotabaya Rajapaksa’s removal. Sri Lanka has more than $50 billion in external debt. Sri Lanka will...
The Green Party politician says the government will remove hurdles impeding the advance of renewable energy across Germany, calling a new set of laws the “biggest comprehensive energy package in two decades.” Germany’s vice-chancellor and...
Europe’s days as Russia’s best customer for energy appear to be numbered. Moscow will need to find new markets if it is to remain an oil and gas superpower, but its options are limited. Russia...
The opulent rooms of Chateau Purcari in Moldova are now hosting Ukrainians fleeing the war in their country. For the owner of the hotel, accommodating refugees is as much about politics as it is about...