China has loaned $1.3 trillion for infrastructure projects from Asia to Latin America to boost trade. DW asks how China will ensure those debts are repaid. China’s massive Belt and Road Initiative (BRI) — backing and often...
President-elect Javier Milei, a self-described “anarcho-capitalist,” has radical ideas to prop up the ailing economy, including the introduction of the US dollar. Will that work? Argentina’s new right-wing populist president-elect Javier Milei has never hidden his...
An array of climate funds promise to help poorer countries either stop climate change or adapt to its consequences. But what do they actually cover, and why is it all so contentious? Fossil fuels powered...
Sam Altman, the highly popular face of OpenAI, the parent company behind AI chatbot ChatGPT, has been fired after a “deliberate review process” by the board of directors. Altman said “he loved his time” at...
The new rush for lithium in Africa risks fueling corruption and harming local communities and the environment, investigations have shown. At a Chinese-run lithium mine in Namibia, local workers have complained for months about squalid living...
WeWork has filed for bankruptcy, a remarkable turnaround in the fortune of a firm that commanded a valuation of $47 billion just a few years back. Does the crash of the coworking pioneer spell the...
The Israel Hamas war has sent shockwaves across the world and the rapidly evolving conflict is being closely watched by global leaders. Tensions started when Hamas attacked Israel with over 5000 rockets from Gaza, a...
China says its voting power at the Fund doesn’t mirror the economic clout it has built over the past two decades. But the US, the IMF’s biggest shareholder, isn’t ready to change the status quo,...
Broadly speaking, the dollar’s recent pullback was extended today but the momentum appears to be slowing, perhaps ahead of tomorrow’s US CPI report. The Dollar Index slipped to its lowest level since September 25 before...
With the acquisition, ExxonMobil will command a dominant position over the top oilfield in the United States. Fossil fuel emissions are considered the main drivers of climate change. ExxonMobil has sealed a $59.5 billion (€56...
Government and experts warn that Japanese people are not getting enough good quality sleep, risking health issues, irritation and a loss of focus at work. Japan’s ministry of health and welfare has called on the...
China’s economic malaise is weighing heavily on East Asia as a whole, one of the world’s key economic engines. But reforms in one sector could work wonders, the World Bank says. East Asia has been...