Many African countries are struggling to service their debts, prompting many observers to call for urgent global action and greater involvement of African stakeholders in developing solutions. The rising costs of energy and food imports,...
The German Cabinet has unveiled measures designed to entice Indian workers to join the country’s labor market. The move comes days before Chancellor Olaf Scholz and other high-ranking officials travel to New Delhi. German Chancellor...
Beijing has been pushing against the EU’s tariffs on Chinese-made electric cars, but both sides are at an impasse following the latest talks in Brussels. The EU’s Charles Michel said there was still hope for...
The US dollar is mostly softer ahead of the September CPI. The euro and Canadian dollar have recorded new lows for the move. The greenback extended its gains against the yen to JPY149.55 but has...
International Monetary Fund (IMF) head Kristalina Georgieva tells DW that Africa needs greater representation in the global lending body. Kristalina Georgieva, managing director of the International Monetary Fund (IMF), spoke to DW during the Hamburg Sustainability...
For years, Chinese industrial orders helped create and support thousands of well-paid jobs in Germany. But the Asian giant’s economic slowdown has led to lower demand for German goods and dampened growth prospects. The German economy has...
Italy’s UniCredit stunned markets by clandestinely raising its stake in Germany’s second-largest lender to 21%. As Commerzbank’s management now tries to fend off a possible takeover, the government stands by its side. Why has UniCredit...
Turkey is increasing its engagement in several African countries in an effort to boost its influence and trade. But with China and Russia being the dominant players there, Ankara is struggling to find its role....
Recent decisions by US tech giants to withhold their latest artificial intelligence (AI) models from the European market have raised concerns over the level of regulation now impacting tech firms in the bloc. Oleg Stavitsky...
As the global energy landscape undergoes a transformative shift, renewable energy emerges as a critical component in securing a sustainable and resilient future for India. By diversifying its energy mix and reducing reliance on fossil...
Beijing’s most senior trade official was touring Europe this week, in a last-minute bid to avert the threat of special EU tariffs on electric vehicles from China. China’s commerce minister, Wang Wentao, wrapped up a...
The week is winding down and the US dollar is mostly consolidating against the G10 currencies. Two exceptions stand out. First, sterling is the only G10 currency higher on the day. It follows the BOE’s...