World Bank President Ajay Banga on ‘Perfect Storm’ of Crises | DW News

Nov 21, 2023 | World Bank CEO Ajay Banga says the world is facing a ‘perfect storm’ of crises and that he is reforming his institution to tackle them. In an interview with DW, he discusses plans to boost lending capabilities, assess risk in a different way and the new mission to eradicate poverty on a livable planet. He also explains how he sleeps at night against a backdrop of multiple challenges: climate change, food insecurity, growing poverty and pandemics. In addition, Banga shares his reaction to Argentina’s new far-right president Javier Milei’s intention to scrap his country’s central bank. Finally, he defines how success looks for him.

Is Erdogan Killing Turkey's Storied Winemaking Tradition | Focus on Europe

Nov 5, 2023 | Turkey's President Erdogan is making things hard for winemakers and brewers by imposing alcohol taxes that have risen by 1,550 percent since 2011. For Seniz Saç winemaking is a millennia-old cultural tradition.

A New Kind of Global Recession: Why This Time Is Different | Business Beyond

Nov 18, 2022 | The global economy is at an inflection point. The IMF projects that a third of the world economy will be in recession next year. War in Europe, a slowdown in China and soaring inflation have contributed to widespread pessimism around a growing, multifaceted economic crisis. In this episode, we will untangle the threads of the looming global recession. By comparing the current state of the global economy to the 2008 financial crisis, we will be exploring what makes this downturn different.

Europe Concerned over Energy Crunch If Russia Cuts Gas Deliveries | DW News

Jul 20, 2022 The EU is concerned that Russia may try to wreak economic and political havoc in Europe in the winter in retaliation for its support of Ukraine. It's now preparing for the possibility Russia will cut gas deliveries completely after sharp reductions.

EU-Kommission will im Notfall Sparzwang für Gas: Das kündigte die Kommission am Mittwoch an. Zunächst sollen die Mitgliedstaaten ihren Verbrauch jedoch freiwillig um 15 Prozent verringern »

What a Sinking Euro Means for Europe and the US | DW Business

Jul 15, 2022 The euro has taken a major beating against its US peer since Russia's invasion of Ukraine in February, falling to its lowest level in 20 years. While a weakened euro should worry European consumers, US travelers visiting Europe could benefit.

Russia's Economy: Is It Crumbling or Standing Strong? | DW News

un 10, 2022 • Sanctions against Russia are already having an effect. Prices are already rising, companies are closing and unemployment is rising. Especially in Russian aviation. What is the impact Russia's war against Ukraine is having on the country's industry?

Covid and the Gaping Wealth Gap: What Can Be Done to Fix It? | DW News

Jan 29, 2022 • The coronavirus pandemic has made the rich even richer – and the poor even poorer. Here is why – and what we can do to combat this rise in inequality, which has pushed 160 million people into poverty, while the richest 10 men double their fortunes.

Is Nationalism Killing the EU? | State of Europe

Since the last European parliamentary elections in 2014, nationalist right-wing parties have made significant gains in many European states. Does the growing influence of right-wing nationalism pose a threat to the ideal of European unity?

To understand what moves Europe's citizens, DW's Max Hofmann traveled around the continent seeking the perspectives of key players and those directly affected by the major issues of today. For example, how the migration drama on the southern coast of Italy originates and ends partly in eastern Germany. Or how right-wing populists in France try to lure in voters - and how comparable political forces in Poland have used similar tactics to gain seats in government. In investigating the topics of environment and climate protection, Hofmann visits the EU Climate Change Dossiers and the EU's largest per capita plastic waste producer: Ireland. Through each trip, Hofmann seeks to better understand the connections and centrifugal forces at play across Europe.