Nigerians across the nation are protesting against rising hunger, poverty and perceived government mismanagement. The movement was branded under the End Bad Governance in Nigeria coalition.
The latest data from the Turkish Statistical Institute indicate an acceleration in consumer prices with annual inflation hitting 69.8% for the month of April. This is the highest rate since November 2022 in Turkey.
The Russian economy is facing huge difficulties because of Western sanctions and the continuous clash in Ukraine. These difficulties are reflected in the weakening value of the Russian ruble, which has reached at a 17-month low against the US dollar.
Germany, Europe’s largest economy, has fallen into recession in the first quarter of 2023, as persistent inflation and energy supply disruptions due to the Russian invasion of Ukraine weigh heavily on the nation.
