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Venezuela

Political unrest intensifies in Venezuela as power cuts and shortages spark looting

Venezuela's political crisis shows no sign of abating as sporadic looting is reported and protests against the government of President Nicolas Maduro intensify.

Venezuela

Drought-hit Venezuela faces daily power cuts to save energy

Venezuela has announced power cuts from next week – plunging people into darkness for four hours each day as the crisis-hit country grapples with a

Economy

China's steel output increases as talks on global glut fail

Under pressure to curb steel output and relieve a global glut, China says its production actually hit a record high last month.

Economy

As oil prices slide, Venezuela raises fuel prices by up to 6,000%, devalues currency

With his country mired in an economic crisis because of very low oil prices Venezuela's President Nicolás Maduro has devalued the currency and massively raised heavily subsidised fuel prices.

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Economy

UK GDP growth for 2015 slows to weakest in nearly three years

Britain's economy saw the annual pace of growth in 2015 slow to its weakest in nearly three years. GDP grew by 2.2 percent.

World News

European shares steady after Chinese sell-off, oil recovers

European shares steadied on Tuesday, recovering after sharp losses earlier in the session, as crude oil prices bounced back above $30.

Economy

Russia economy shrank 3.7% in 2015, inflation up 13%, retail sales fall 10%

Russia's economy contracted by 3.7 percent in 2015 according to the government statistics service in Moscow. They said retail sales fell by 10 percent and capital investment by 8.4 percent.

Switzerland

Davos: nations urged to adopt Paris climate accord

Warned of threat posed by climate change to global peace and security

My Europe Series

Unemployment in Spain: a life without hope?

Jerez de la Frontera – where more than 1 in 3 is out of work Every day is a challenge for 27-year-old Miguel Angel Vaca Fernandez, as he strives to

Real Economy

A portrait of poverty: Europe’s women & children

In Real Economy this week Maithreyi Seetharaman looks at the challenges governments face in tackling poverty with the help of some of those closest

Greece

Greece approves reforms to unlock further bailout cash

Greece has approved a reform bill, which paves the way for the release of further bailout funds from its international lenders. But Prime Minister

Economy

Greek parliament approves reform bill

The Greek parliament has approved reforms needed to unlock two billion euros of bailout aid. However several measures still have to be agreed with

World

Rocking the establishment: Thomas Piketty's challenge to orthodox economics

Rebel, radical,and even rock star – words not usually associated with economists, but they do seem to stick to Frenchman Thomas Piketty, who shot to

My Europe Series

From a Russian peninsula: Crimean voices

It's hard to hear Crimean voices these days. Since Russia annexed the peninsula at least 20,000 people have left, the majority not wanting to become Russian.

My Europe Series

Struggling to survive: Greek SMEs count the cost of reform

Greeks go to the polls once again this month over a bailout package that has deepened their country’s political turmoil. Prime Minister Alexis

Economy

Future forecasts vary as oil continues slide

With even fewer signs that market oversupply is coming to an end, the price of oil continued to fall on Wednesday. To add to the furious pumping of

World News

Supreme Court judge Vassiliki Thanou will lead Greece to elections

The head of Greece’s new caretaker government has been named as Vassiliki Thanou, the country’s top Supreme Court judge. The president’s office said

Venezuela

1000 Colombians deported as Venezuelan President Maduro keeps border closed

A week into the border closure between Venezuela and Colombia and around a thousand Colombians have been deported as of Wednesday. Venezuelan

Greece

Greece clinches third bailout worth 86 billion euros

Greece has secured a third bailout worth 86 billion euros after Greek lawmakers accepted their tough conditions. The Dutch finance minister said he

Greece

Tensions rumble in Athens ahead of crucial Greek bailout vote

The holiday atmosphere in the Greek capital belies the tension brewing in Parliament. MPs are set to vote on a multi-billion euro bailout deal. With