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?

This year's World Economic Forum annual meeting in Davos was a more anxious affair than usual. The received wisdom that international trade creates a more peaceful world is being challenged.

Sri Lanka is experiencing its worst economic crisis since its independence. No industry has remained untouched by this crunch. The tea industry, one of the most crucial industries for the country's GDP, is facing a double whammy: the economic slump and il...

The wreckage of a plane which crashed with 22 people on board has been located in the Himalayan mountains in Nepal. Rescuers have so far recovered 14 bodies from the crash site. The plane was carrying locals and tourists to a mountain town.

This year's World Economic Forum annual meeting in Davos was a more anxious affair than usual. The received wisdom that international trade creates a more peaceful world is being challenged. Now people talk of 'the end of globalization' and a new order to...

The UK and other European countries have reported a small number of human monkeypox infections, a virus rarely seen in Europe. The US, Canada and Australia a...

The route between Europe's biggest inland port in Duisburg and China's economic centers is part of China's Belt and Road Initiative, the New Silk Road. Its 11,000 km rail route carries some 200,000 containers annually - and partially crosses through Russi...

Sri Lanka's new Prime Minister Ranil Wickremesinghe says the country desperately needs 75 million dollars within the next few days to afford essential imports, including medicine and fuel. In a statement on Monday he warned Sri Lankans that inflation and...

North Korean leader Kim Jong Un blasted health officials over the country's coronavirus response and ordered the army to help distribute medicine, state media said on Monday. Kim "strongly criticized" officials for what he called a botched response to epi...