About half of 150 migrants on the boat departing from Lebanon have been reported dead, in what is the deadliest such shipwreck that has departed from the country in recent years.
UN Secretary-General Antonio Guterres calls on all developed economies to tax profits from fossil fuels and dedicate the funds both to compensate for damage from climate crisis and to help people struggling with high prices.
The act was the latest in a series of heists in the country, where the savings of depositors have been devalued and trapped in banks for almost three years amid a crippling economic crisis.
Sali Hafiz, who used her nephew's toy pistol for the heist, said she managed to free about $13,000 of the $20,000 she said her family had deposited.
The EU leadership seeks to starve Russia of the funds it needs to finance its war with Ukraine, but that comes at a high cost.
Skyrocketing gas prices in Europe have had a ripple effect particularly on the Asian market, causing severe shortages in developing nations strapped for foreign currency.
The International Monetary Fund approves the release of a long-stalled $1.17 billion tranche of its bailout package for Pakistan as the death toll from monsoon flooding reaches at least 1,136 people.
The last two months have seen a surge in ‘prosumers’ in Romania as the energy crunch sways the government into financing solar panel use.
Forty-two year-old Bassam al Sheikh Hussein locked himself inside a Beirut bank with up to 10 hostages when he was refused access to his funds.
Clashes during anti-government demonstrations in capital Freetown leave at least three people dead, reports and officials say.
Russia has cut gas supplies to several European countries. While some countries in central and Eastern Europe face shortages, the poorest struggle with spiralling energy prices.
Climate-vulnerable nations, already footing the global bill of a changing climate, face rising borrowing costs and economic challenges that further impair their ability to adapt.
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