In the heart of Nigeria, a cripping crisis is unfolding, with the skyrocketing cost of living at its core. At least four lives have been lost as Security Forces clash with protesters, who are taking to the streets to denounce soaring food prices. A youth-led movement has initiated 10 days of demonstrations, calling attention to the government's handling of what many are calling Nigeria's worst economic downturn in decades. DW's Christine Mundwa brings us this report from Lagos.
The US job market has shown signs of strain, with unemployment figures rising and job growth slowing down. But is this a precursor to a larger economic downturn, or just a temporary blip in the radar? Let's dive into the numbers and the sentiment to uncover the story behind the statistics.
The Federal Reserve's recent two-day policy meeting has left many wondering about the implications of a potential September rate cut. Joining us to decipher the Fed's statement is Mike Musio of FBB Capital Partners. What does the shifting tone from inflation to unemployment signify, and how will this affect consumers and the economy?
In an era where the automotive sector was once a beacon of economic prosperity, car manufacturers are now grappling with the stark reality of economic downturn. Nissan and Stellantis experienced a tumultuous week as their shares plummeted, following disappointing results that mirrored the gloom surrounding industry giants like Tesla. The challenging market conditions are eroding the once-healthy margins of European groups and stalling the turnaround efforts of their Japanese counterparts. But what does this signify for the future of the auto industry?
The political landscape is never static, especially when it comes to the high-stakes game of choosing a candidate capable of unseating a controversial incumbent. The question that looms over the Democratic Party is whether their current strategy will be enough to achieve this monumental task. What drives a democrat to reconsider their allegiances, and what factors influence their decision-making process?