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This picture from Lao National TV taken between May 9 and 10, 2022 and released on May 10, 2022 shows motorists queueing to pump fuel into their vehicles at a petrol station in Vientiane. - Long queues of motorists have been snaking through the streets of Vientiane in recent days as Laos struggles with a growing fuel crisis. (Photo by LAO NATIONAL TV / AFP) / -----EDITORS NOTE --- RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT AFP PHOTO / LAO NATIONAL TV - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

Laos economic crisis intensifies amid massive Chinese debt 09.08.2022

Laos is facing one of its worst economic crises in decades, with the country experiencing galloping inflation and staring at a debt default.

Ein Rohr liegt in dem Wärmespeicher auf dem Gelände des Heizkraftwerk Reuter West von Vattenfall. Das Kraftwerk wurde mit einem Wärmespeicher ausgestattet der 56 Millionen Liter Fassungsvermögen hat und laut Unternehmen der größte Wärmespeicher Deutschlands ist. In ihm soll künftig heißes Wasser gespeichert werden, das mit überschüssiger Energie aus dem Stromnetz erwärmt wurde. Damit wird der schwankenden Stromproduktion aus erneuerbaren Energiequellen Rechnung getragen. +++ dpa-Bildfunk +++

If Germany falls into recession, businesses could jump ship 06.08.2022

Data suggest that Germany may be on the brink of an economic downturn that could ultimately lead some businesses to move abroad.

Tea production in Sri Lanka, formerly Ceylon, is of high importance to the Sri Lankan economy and the world market. The country is the world s fourth largest producer of tea and the industry is one of the country s main sources of foreign exchange and a significant source of income for laborers, with tea accounting for 15% of the GDP, generating roughly $700 million annually.br/br/ In 1995 Sri Lanka was the world s leading exporter of tea, rather than producer with 23% of the total world export, but it has since been surpassed by Kenya. The tea sector employs, directly or indirectly over 1 million people in Sri Lanka, and in 1995 directly employed 215,338 on tea plantations and estates. The humidity, cool temperatures, and rainfall i CPAxMediaxCo.xLtd. 1060_19_cpa0027810

Why is trouble brewing in Sri Lanka's tea industry? 21.07.2022

Before the island nation's economic crisis, tea exports accounted for US$1.3 billion (€1.27 billion) annually and 5% of all global tea production. But this has now dropped to its lowest level in 23 years.

Ein Aktienhändler blickt im Handelssaal der Frankfurter Börse auf seine Monitore. Die Sorgen um eine neue Coronavirus-Mutation im südlichen Afrika haben dem deutschen Aktienmarkt einen kräftigen Schlag versetzt. Der Dax rutschte im frühen Handel zeitweise unter die Marke von 15 300 Punkten ab und landete auf dem tiefsten Stand seit Mitte Oktober.

Germany: Business confidence plummets as economy 'on cusp of recession' 25.07.2022

German businesses have been losing confidence in the current economic climate as growth prospects worsen. The ifo Institute that published the survey pointed to high energy prices.