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Model nuclear waste canisters lie on the grass near a road

Backing 'green' gas and nuclear energy

The proposal to label natural gas and nuclear energy as "green" as a guide for private investors was met with resistance along the way. But EU lawmakers have given it the green light.  

Ruja Ignatova

What we know about the fugitive 'Cryptoqueen'

The co-founder of fake cryptocurrency OneCoin is accused of defrauding gullible investors all over the world and swindling billions of dollars. Also known as "Cryptoqueen," Ignatova is now being hunted by the FBI.  

Olaf Scholz mit Yasmin Fahimi und Rainer Dulger

Germany wants to defuse inflation 'time bomb'

German Chancellor Olaf Scholz is under pressure to ease spiraling inflation. His plan is to come up with measures at a meeting of business leaders, trade unions and politicians. But they have very different ideas.  

Crowds of holidaymakers wait in line at Dusseldorf airport

Will Turkish workers ease airport chaos?

Airports in Germany face dire staff shortages. That's why many are thinking about hiring experienced airport personnel from Turkey. Turkish media have welcomed the plan.  

aerial view of people trying to get on a train

Germany's cheap travel ticket under scrutiny

The phenomenally cheap 9-euro public transport travel pass has been available for a month. Should the scheme continue?  

A 200 Turkish lira note

Turkey mulls capital controls as lira slumps

As President Recep Tayyip Erdogan has refused to allow interest rate rises, Turkey steps toward capital controls to support its national currency, the lira. Analysts say an economic slowdown may be on the way.  

Electric cars being recharged

Will new EU car policy push EV adoption?

It looks like the EU is witnessing a big victory for e-mobility as member countries have agreed in principle that new cars can no longer have combustion engines after 2035. But there are a number of risks involved.  

A technician installing a heat pump system

Heat pumps instead of oil and gas?

As the price for oil and gas explodes in Europe, heat pumps could be a meaningful alternative. In Germany, lavish state subsidies are making the idea even more attractive for single-family homes.  

oil refinery at night

Is India violating the EU oil embargo?

Importing Russian crude at low prices and exporting the processed product at steep prices to the EU and US — India's refinery trade raises many questions. DW's fact check has a few answers.  

A picture of the building of the Russian finance ministry

Will Russia's default hurt Putin's investors?

By most accounts, Russia has defaulted on its sovereign debt because it was unable to make a payment to its creditors. But reality is trickier than that, and shows Moscow has been strategic in bracing for the fallout.  

Hand holding wheat kernels

G7 disappoints on energy and food crises

The Group of Seven summit has ended with only modest solutions to the global energy and food crises. The struggles of poorer nations were sidelined by Russia's disastrous war in Ukraine.  

A photovoltaic system on the roof of a kindergarten in Lisbon, Portugal

Supplying solar power in tiny doses

Coopernico, a Portuguese energy cooperative, is making social establishments more energy-independent. They build small solar power plants that supply institutions and put surplus electricity back into the public grid.  

Street traffic in Kumasi

Poor countries face 'perfect storm' over debt

As rich countries switch on their firefighting mode to tame soaring inflation, highly indebted developing countries are feeling the heat. Sri Lanka has already defaulted on its debt, many others are on the brink.  

Natural gas pipeline storage facility

How can Germany realistically replace gas?

Without Russian natural gas, Germany will be facing an energy crisis. Coal, nuclear, fracking or renewable energy — what are the most realistic and climate-friendly options?  

A picture of a gas pipeline worker handling a gas pipe

How Poland is speeding up its Russian gas exit

To compensate for lost Russian imports, Poland is quadrupling its gas import capacity with a pipeline from Norway and an LNG terminal. It could soon be able to help out Berlin, scrambling to replace its own Russian gas.  

Picture of the Neurath coal-fired power plant spewing smoke

Germany revives coal in gas war with Russia

Germany has struggled to fill its gas storage sites since Russia began throttling its supply. Among the possible solutions are an increased use of coal for power production, and industry incentives to reduce consumption.  

Audience members reacting with raised fists to a speach by Sean O'­Brien, president of Teamsters labor union at the Labor Notes conference, in Chicago on June 18, 2022

US workers pushing unions to the mainstream

After decades in a rut, the US labor movement appears to be reinvigorated. At the Labor Notes conference in Chicago, labor leaders wanted to ensure it's a true upsurge and not just a blip, as Teddy Ostrow reports.  

Dumps at the iron ore mines of Kiruna, Sweden

Can Finland, Sweden help decarbonize the EU?

Demand for key metals is booming. Geopolitical realities and pandemic-related supply chain issues are increasing the pressure on EU countries to proceed with mining activities of their own to decarbonize their economies.  

News in Brief

US weighs restructuring Trump-era China tariffs

A container port in China's Qingdao

US President Joe Biden's administration remains divided on whether to allow some of the tariffs to expire to ease inflation or renew them to maintain leverage over Beijing.  

Nigeria: OPEC's Mohammad Barkindo dies

Mohammad Barkindo, secretary-general of OPEC, addresses delegates at the opening of the Nigeria Oil & Gas 2022 meeting in Abuja, Nigeria July 5

Mohammad Sanusi Barkindo was the secretary general for the Organization of the Petroleum Exporting Countries. Barkindo was in his native Nigeria to attend an energy summit in Abuja.  

Euro falls to 20-year low against the dollar

Euro and dollar notes in various denominations

The euro has slumped to its lowest since 2002 against the dollar amid fears that a recession in the eurozone could be looming. The currency fell as low as $1.0281, threatening a push towards dollar parity.  

Norway's government ends oil and gas strike

A general view of the Equinor's Johan Sverdrup oilfield platforms in the North Sea

The Norwegian government has intervened to halt a strike by oil and gas workers. The move came amid concerns that the strike could have worsened Europe's energy crisis, which is already aggravated by the war in Ukraine.  

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CureVac sues BioNtech over patent violations

A syringe

The two German vaccine competitors are heading to court over a legal dispute concerning BioNTech's coronavirus vaccine. CureVac has called for "fair compensation."  

Sri Lankan PM declares country 'bancrupt'

Auto rickshaws queue up outside a fuels station amid fuel shortage in Colombo, Sri Lanka

Prime Minister Ranil Wickremesinghe said the once-prosperous country, now with debts of more than $50 billion, would go into deep recession this year.  

US, China on trade concerns amid Ukraine war

Cargo shipping containers are seen in a storage yard surrounded by petroleum storage tanks and oil refineries in Carson, California, on March 11, 2022

US Treasury Secretary Janet Yellen and Chinese Vice Premier Liu He held a virtual talk to discuss a range of issues, including US tariffs on Chinese goods, according to China's account of the "constructive" talks.  

India restricts service charge on food bills

Assorted Indian ethnic food buffet on rustic concrete table from above: curry, fried samosa, rice biryani, dal, paneer, chapatti, naan, chicken tikka masala, traditional dishes of India for dinner

India's consumer affairs authority has said tips must be voluntary and cannot be placed on bills "by any other name." Many hotels and restaurants will automatically place a 5%-15% "service charge" on customers' bills.  

Dutch farmers protest new environmental rules

A farmer sits in front of his tractor in classic wooden clogs as part of a protest against planned environmental regulations

Farmers in the Netherlands reacted angrily to a proposal by lawmakers, including a plan to shut down some cattle farms to tackle harmful nitrogen emissions.  

Silvina Batakis appointed economy minister

Silvina Batakis, Argentina's new economy minister, speaks in this handout photo taken on April 30, 2015

Silvina Batakis comes in at a time when the Argentine economy is in full-blown crisis mode, with inflation above 60%, a high fiscal deficit and fears rising about debt defaults.  

Germany: Consumers urged to save gas

Nord Stream 1 gas reception station in Lubmin

Russia could be planning to stop gas deliveries to Germany, and consumers must be prepared, a top energy official says. That preparation should start now, he warned.  

Perspectives
People demonstrating in Belfast with a Union Jack flag and a placard reading 'No Irish Sea border'

N. Ireland — Johnson gets out the chainsaw

The British prime minister is ripping the Northern Ireland Protocol out of Brexit. This breach is an act of political insanity and is further proof of Boris Johnson's utter irresponsibility, says DW's Barbara Wesel.  

More stories

Saudi Arabia's hajj lottery has Muslims fuming

A Muslim pilgrim prays beside robots used to vacuum and sanitize air at the Grand Mosque in Saudi Arabia's holy city of Mecca

Saudi Arabia's lottery system for the 2022 hajj has Muslims in Europe, Australia and the Americas infuriated. Preparing for this year's pilgrimage to Mecca became a financial and logistical nightmare for many Muslims.  

Desperate Sri Lankans flee economic chaos

A very long line to a gas station in Colombo

Sri Lanka is suffering the worst economic crisis in its history, with fuel shortages bringing the country to a standstill. Many are now convinced leaving is their only option.  

Why is Africa dependent on imported grain?

A farmer walking past a corn field

Despite having vast amounts of arable land, nutritious indigenous crops and a booming agricultural sector, Africa still imports most of its grain.  

What stops switch to climate-friendly diet?

A woman looks at products on a supermarket shelf

The global food system allows us to buy almost any product we want, whenever we want — often at the cost of the environment. But are we even capable of changing our eating habits?  

Jokowi visits Ukraine and Russia amid food crisis

Indonesian President Joko Jokowi Widodo and his entourage travel by train from Rzeszow, Poland, to the Ukrainian capital, Kyiv.

Indonesian President Joko Widodo has said he will try to convince the Ukrainian and Russian leaders to end the war, which has stoked inflation as well as caused food and energy shortages in many developing countries.  

Can degrowth stop climate change, end poverty?

Climate activists at a protest in London, UK

The degrowth movement want rich countries to stop chasing GDP in a desperate bid to stop the planet from heating — but both supporters and critics are gambling on prosperity and climate stability for billions of people.  

Ukraine war: Germans fear the end of prosperity

waiter serving guests in cafe by the Brandenburg Gate

The war in Ukraine and inflation have Germans concerned about their standard of living. Those who have the least are likely to suffer the most.  

What would a 'Marshall Plan' for Ukraine entail?

Ukrainian President Zelensky speaks to German Chancellor Scholz in Kyiv

German Chancellor Olaf Scholz has called for a "Marshall Plan" to rebuild war-scarred Ukraine. What does he mean by that?  

DW looks behind the business headlines

DW's new video series offers deep dives into the most relevant cross-border business stories of today, guiding you through trade conflicts, supply chain challenges, global labor issues and the battle for tech dominance.  

Watch video 01:51

Spain and Portugal suffer shortage of waiters

Bars and hotels in Spain and Portugal are having trouble finding workers for the peak summer season.  

More videos

Coronamüde Touristen Madrid

Spain and Portugal suffer shortage of waiters

Turks out in a street

Turkey's professionals leave

Frankreich Perpignan Weinreben

Chinese couple turns French estate into winery

Plastic waste in Kenya

Kenyan startup transforms plastic trash

Temelin nuclear power plant

Czech Republic eyes more nuclear energy

Singapore shop

Singapore affected by Ukraine war

Italy's biggest river Po

Worst drought in 70 years hits agriculture

Program Highlights

Globalization Magazine

Reports from around the globe  

Watch video 12:02

DW Business - America

Uniper Bailout - Europe's Rising Prices  

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Auto Industry

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