Lebanon’s parliament has elected army chief Joseph Aoun as president, filling a two-year vacancy and initiating a new phase in the country’s history. Aoun, who emphasized the need for reforms and a comprehensive defense strategy against Israeli actions, aims to…
Germany is witnessing a swift rise in business insolvencies, reaching numbers comparable to those during the 2009 financial crisis, according to economic experts. The surge, primarily affecting larger companies, is attributed to aftereffects of the COVID-19 pandemic and the impact…
Following the fall of Bashar al-Assad, Syria is grappling with a severe humanitarian and economic crisis, exacerbated by over a decade of civil war. International aid leaders emphasize the need for massive support, as much of the infrastructure is destroyed…
A devastating incident occurred at a school festival in Bashorun, Nigeria, where 35 children died due to a stampede triggered during the distribution of food and gifts. Police have arrested eight individuals, including the school principal, as an investigation into…
On December 19, 2023, the Unified Federation of Agricultural Associations of Chania will hold a protest demanding government support for farmers, livestock breeders, beekeepers, and fishermen affected by this year’s disastrous agricultural conditions. Key demands include compensation for lost income,…
Germany is facing a significant rise in business insolvencies due to an ongoing economic downturn, with a 24.3% increase compared to the previous year, totaling approximately 22,400 cases. This surge is attributed to the lingering effects of the COVID-19 pandemic,…
A recent study from the Institute for the World Economy in Kiel highlights the impact of unexpected high inflation on political sentiments in Germany, suggesting a rise in support for populist and extremist parties. The research, analyzing over 300 elections,…
The German machinery sector is experiencing a significant downturn, with companies like Patrick Clemens’ family business facing a projected 20% decrease in revenue this year. High costs resulting from the Ukraine war and stringent regulations are straining operations, leading to…
A year into Javier Milei’s presidency, Argentina has undergone significant changes, such as a reduction in hyperinflation and increased business activity. However, this progress comes at a steep price, with rising poverty and unemployment. Many citizens, like former postal worker…
Ghana’s Vice-President Mahamudu Bawumia has conceded defeat following the country’s recent elections, congratulating former President John Mahama on his victory. In his statement, Bawumia acknowledged the desire for change among the electorate, although official results have yet to be released….
The ongoing economic crisis in France and Germany is causing worries about its potential effects on other European economies, including Greece. Economists highlight significant fiscal challenges, particularly in France with a deficit approaching 6% of GDP, largely attributed to rising…
The Social Democratic Party (SPD) of Germany officially launched its campaign for the upcoming elections, with Chancellor candidate Olaf Scholz proclaiming the party as a ‘force of the middle.’ In his speech, Scholz highlighted key issues such as raising the…
