Archive List for economic crisis

Pakistan’s government says no relief on power bills as protests escalate

Many people in Pakistan say they are being sent higher electricity bills and are refusing to pay them. They say they cannot afford to any more because their spending outstrips their earnings. The higher electricity tariffs have provoked nationwide protests. Al Jazeera’s Kamal Hyder reports from Islamabad, Pakistan. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Pakistan #protests #electricity

ECOWAS sanctions: Tension high as businesses hit by border closure

Sanctions imposed on Niger by West African regional bloc ECOWAS may cost Nigeria 1.3 billion dollars annually. Some analysts say the losses could be more than economic. The military coup now in its third week threatens to change relations between neighbours. Al Jazeera’s Ahmed Idris reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile @AljazeeraEnglish #Aljazeeraenglish #News #Niger #NigerCoup #ECOWAS #AfricanUnion #ECOWASEmergencySummit #NigerSanctions #AbdourahmaneTchiani #Tchiani #MohamedBazoum

Soaring prices in Zimbabwe: Shoppers turn to informal traders to save money

The cost of living in Zimbabwe is going from bad to worse. The inflation rate doubled in June to 176 percent. With general elections due next month, rising prices are a big concern for voters. Al Jazeera’s Haru Mutasa reports from Harare, Zimbabwe. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #Zimbabwe #ZimbabweEconomicCrisis #ZimbabweInflation #ZimbabweCostOfLivingCrisis

Pakistan’s government presents budget amid high cost of living

Pakistan’s government is presenting its annual budget as it looks to get bailout funds from the International Monetary Fund. It is battling its worst economic crisis in decades. Many Pakistanis are struggling with the soaring cost of living. Al Jazeera’s Osama Bin Javaid reports from Lahore, Pakistan. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #aljazeeraenglish #Pakistan #budget #livingcost #economy #imf

S Africa power cuts: Court orders gov’t to exempt schools and hospitals

South African President Cyril Ramaphosa has denied politicians are “sleeping on the job” when it comes to the energy crisis. A court has ordered his government to exempt hospitals and schools from rolling blackouts. But the administration says the cuts are preventing a total collapse of the grid and exempting certain areas is impossible, and that it will appeal the ruling. Al Jazeera’s Fahmida Miller reports from Johannesburg, South Africa. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #SouthAfrica #power #electricity #energycrisis

First Republic collapse sparks regional bank shares sell-off

The failed US bank First Republic is being acquired by its rival JPMorgan Chase, in a $10.6bn deal. Regulators had taken control of First Republic after a crash in its share price. It is the third US bank failure since March, and there are fears it will not be the last. Al Jazeera’s Kristen Saloomey reports from New York, the United States. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #UnitedStates #Bankcollapse

Over 18 million people unable to afford basic needs in Argentina

Argentina is tackling a severe economic crisis. Government figures show more than 18 million people are unable to cover their basic food needs. Rising inflation and a sluggish economy have left more people homeless. Al Jazeera’s Katia Lopez Hoda-Yan reports. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News #Argentina #Economy #EconomicCrisis #Crisis #Government #Needs

Stampede at Ramadan food distribution centre kills 11 in Pakistan

In Pakistan, at least 11 people have been killed and dozens injured in a stampede at a food distribution centre. Many Pakistanis are dependent on humanitarian aid as the nation struggles with an economic crisis. Al Jazeera’s Fintan Monaghan has more. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News #Pakistan #Stampede #Ramadan #Food #economy

Pakistan negotiates with IMF to unlock $1.1bn bailout

Pakistan is negotiating with the International Monetary Fund to unlock a $1.1bn bailout. But the IMF is insisting on reforms. A deepening economic crisis has left many Pakistanis struggling to put food on the table. Al Jazeera’s Assed Baig reports from Lahore, Pakistan. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News #Pakistan #IMF #Bailout #Pakistani #Lahore #Economy #EconomicCrisis

Portugal housing crisis: Gov’t considering measures to help

Tourism has jump-started Portugal’s economy since the economic crisis in 2008. But it has also created a crisis of another kind. Affordable housing has become scarce. Al Jazeera’s Natasha Ghoneim reports on what the government is doing to address this. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Portugal #housingcrisis #housing #economy #economiccrisis