Venezuela Hyperinflation Crisis: IMF Projects 548% in 2025
Venezuela faces return to hyperinflation with IMF projecting 548% inflation for 2025. Citizens struggle as bolivar collapses and US sanctions bite. Read full analysis.
Category : Search result: German economy crisis
Central Asia's Energy Crisis Deepens Amid Water Shortage
Kyrgyzstan and Tajikistan face a severe energy crisis as water levels at key hydropower reservoirs plummet. Discover the causes and government responses to this critical situation.
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
Germany approves €98 billion debt for 2026 budget
German parliament approves revised 2026 budget with €98 billion borrowing for economic relief and military spending. Chancellor Merz unveils industrial power price cuts.
China Retail Sales Growth Slowest in Over a Year
China's retail sales grew at just 2.9% in October 2025, the slowest pace in over a year, highlighting persistent consumer challenges. Discover the economic implications.
Trump Eyes $2,000 Checks, 50-Year Mortgages
Facing economic pressure, President Trump proposes $2,000 dividends and 50-year mortgages. Will these ideas address cost-of-living concerns? Read more.
German experts cut 2026 GDP forecast to 0.9%
German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.
German court rules against OpenAI in copyright case
A German court has ruled that OpenAI infringed copyright by using song lyrics to train its AI models. This landmark decision could impact artists across Europe and set a precedent for AI copyright law.
Igbo Unity Day Announced After 26-Year Crisis Resolution
After 26 years of division, Ohanaeze Ndigbo launches Igbo Unity Day to heal long-standing crisis in Akwa Ibom state, marking a new chapter for Igbo cultural unity and development.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Zlatan Ibile: Nigerians Adapt to Hardship as Govt Does Nothing
Nigerian music star Zlatan Ibile voices frustration over worsening economic conditions, revealing how citizens are left to fend for themselves amid government inaction.
Germany recall Sané, hand El Mellaoui debut for WC qualifiers
Bayern Munich star Leroy Sané returns to German national team while Mainz's Brajan El Mellaoui earns surprise debut call-up for crucial World Cup qualifiers.
Nigeria gets $400M World Bank boost for IDPs, healthcare
Nigeria secures massive $400 million World Bank funding to support Internally Displaced Persons and revolutionize Sokoto State's healthcare system, signaling strong economic recovery.
Nigerian Diaspora Protests at EU Embassy Over Economic Crisis
Nigerians in Europe unite in powerful demonstration at EU headquarters, demanding urgent action on economic crisis and insecurity plaguing their homeland.
Nigeria's University Crisis: Degrees No Longer Pay
Explore the silent crisis gripping Nigerian universities as graduates face unemployment despite quality education. Discover why knowledge no longer pays in today's economy.
Ebonyi PDP Crisis Deepens Over Leader Suspensions
The Peoples Democratic Party in Ebonyi State faces deepening turmoil as multiple leaders face suspension, threatening the party's unity ahead of crucial elections.
Nigeria's $2.35B Eurobond Success Amid Naira Challenges
Nigeria's currency faces ongoing challenges while the Federal Government achieves a major financial milestone with overwhelming international investor confidence in its latest Eurobond offering.
Nigeria-Germany Alliance for $1 Trillion Economy
Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Nigeria Stock Crisis: ₦1.3Trn Lost in Day
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
FG, German Chamber Partner to Train 75,000 Youths
Nigeria's Minister of Industry, Trade and Investment expresses optimism as Federal Government collaborates with German chamber to train 75,000 youths in technical fields, addressing unemployment and skills gap.
Nigeria Eyes Space Power for Data Centers
As Nigeria's digital economy expands, data centers face severe power challenges. Innovative solutions from space technology could provide the reliable electricity needed to sustain growth.
German Nurse Gets Life for Killing 10 Patients
A German nurse has been sentenced to life imprisonment for deliberately killing 10 patients to lighten his workload in a chilling case that has exposed healthcare system vulnerabilities.
BMW Reports Profit Surge, Shares Jump 5.5%
German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.
Germany Reduces Visa Processing Time for Nigerians
Great news for Nigerian travelers! Germany has significantly reduced visa processing times, making European travel more accessible. Learn how this affects your travel plans.
Germany bans Islamic Centre Hamburg in security move
German authorities have officially banned the Islamic Centre Hamburg and two other organizations over alleged extremist activities and security concerns in a significant nationwide operation.
China Defends Nigeria: 4 Reasons Against Trump's Strike Plan
Beijing launches fierce defense of Africa's largest economy as Trump considers economic strikes against Nigeria. Discover why China is taking Nigeria's side in this escalating diplomatic clash.
Sudanese Women Describe Mass Rape Fleeing El Fasher
Disturbing eyewitness accounts emerge from Sudan as women and girls describe systematic sexual violence while fleeing conflict in El Fasher. Survivors reveal how armed men preyed on vulnerable civilians.
Africa: 4th Largest Economy by 2050 Says WTO
Groundbreaking WTO analysis projects Africa's economic rise to global top four within decades, driven by population growth and strategic investments.
German Factory Orders Decline in June 2024
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
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