Reuters — As a heavily armed convoy drove through a cheering crowd in Burkina Faso’s capital on Sunday morning, the boyish face of the country’s latest military ruler, Captain Ibrahim Traore, emerged from the turret of an armored personnel carrier. Sporting fatigues and a red beret, the 34-year-old smiled and raised his thumb as onlookers … Read more
London CNN Business — The German government announced plans to borrow €200 billion ($195 billion) to cap natural gas prices for households and businesses. That’s a bigger price tag than the £150 billion ($165 billion) the UK government is expected to borrow to finance its own price cap. Germany, Europe’s biggest economy, is trying to … Read more
Editor’s Note: This story is part of As Equals, CNN’s ongoing series on gender inequality. For information about how the series is funded and more, check out our FAQs. Amsterdam, the Netherlands CNN — It’s early evening in an affluent neighborhood in the Dutch city of Haarlem and bed and breakfast owners Arnoud and Marika … Read more
Berlin/London CNN Business — Germany is nationalizing Uniper, its biggest importer of natural gas, as part of an €8 billion ($7.9 billion) plan to prevent an energy shortage this winter. Europe has been hit by soaring natural gas and electricity prices as a result of Russia’s invasion of Ukraine and its throttling of gas supplies. … Read more