Cost cutting measures contributed to poor economic growth

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Finance Minister, Calle Schleittwein says cost cutting measures, that government introduced in 2017, were too harsh and to an extent contributed to poor economic growth and job losses. The Finance Minister made this remark during a panel discussion on this year's economic outlook.

Emmanuel Macron elected next French president

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Emmanuel Macron was elected President of France on Sunday with a business-friendly vision of European integration. He defeated Marine Le Pen, a far-right nationalist, who threatened to take France out of the European Union.

Agencies warn of 'mass exodus' as starvation grips Nigeria

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Humanitarian agencies are warning that a failure to help millions of Nigerians on the brink of starvation could force huge numbers of people to leave the country. Currently close to five million people in Nigeria's northeast are food insecure.

Russia's ambassador to Turkey killed in a gun attack

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Russia's ambassador to Turkey was killed in a gun attack. The Russian Embassy in Turkey confirmed the attack, which happened as career diplomat Andrei Karlov was attending an art exhibition in the Turkish capital of Ankara.