Business

More than 200 UK shopping centres ‘in crisis’

[ad_1] Image copyright Getty Images More than 200 UK shopping centres are in danger of falling into administration, experts are warning.The demise of "major anchor stores" like BHS and Toys R Us and the rise of online shopping has caused a "downward spiral", analyst Nelson Blackley said. Many of the at-risk centres are owned by US private equity firms under deals that will need refinancing."If centres close, particularly in small
UK News

High street crisis: Charting how we spend our money

[ad_1] Image copyright Getty Images Retailers large and small have been facing tough times in Britain. Store chains like House of Fraser, Marks & Spencer and New Look have been forced to shut up some of their shops. They blame their struggles on factors such as weak sales, rising costs and competition from online retailers.So BBC News asks, what are people in the UK spending their money on, and where?1.
Business

Argentina – the crisis in six charts

[ad_1] Image copyright AFP Image caption Argentines are angry that the government turned to the IMF (FMI in Spanish) Argentina is once again looking into the barrel of an economic crisis. The currency is sliding, inflation rising and there could well be a recession in the making. The International Monetary Fund (IMF) is providing an emergency loan. It's all happening under a government that was seen by the international financial
US & World

Ukraine crisis: Blast kills top Donetsk rebel Zakharchenko

[ad_1] Image copyright Reuters Image caption Alexander Zakharchenko in a 2017 photo An explosion at a cafe has killed Alexander Zakharchenko, the leader of the Russian-backed separatists in Donetsk, eastern Ukraine, sources in the rebel administration there say.The report was carried by the rebel "Donetsk Republic" news agency DNR. Some Ukrainians suspected over the blast were arrested nearby, a rebel security source was quoted as saying.The heavily-armed rebels in Donetsk
US & World

Rohingya crisis: Myanmar leader Suu Kyi ‘should have resigned’

[ad_1] Image copyright Getty Images Image caption The Rohingya are one of many ethnic minorities in Myanmar The outgoing UN human rights chief says Myanmar's de-facto leader Aung San Suu Kyi should have resigned over the military's violent campaign against the Rohingya Muslim minority last year.Zeid Ra'ad al Hussein told the BBC the Nobel Peace prize winner should have considered returning to house arrest rather than excusing the military.A new
Business

Argentina asks IMF to release $50bn loan as crisis worsens

[ad_1] Image copyright Reuters Image caption The opposition blames President Macri's centre-right policies for the recession Argentina's government has unexpectedly asked for the early release of a $50bn (£37.2bn) loan from the International Monetary Fund.An economic crisis has led to rampant inflation and the Argentine peso has lost 40% of its value so far this year. In a televised address, President Mauricio Macri said quicker access to the funds would
US & World

Left behind: How Venezuela crisis is tearing families apart

[ad_1] Image copyright Caritas Image caption After a mass exodus of 2.3 million, many Venezuelan families can only communicate via phone According to United Nations figures, 2.3 million people left Venezuela between 2014 and up to June 2018. Thousands continue to flee.With 7% of the population having left nearly every family has been affected. Development charity Cafod, which forms part of Caritas International, has spoken to some of those left
US & World

Venezuela migrant crisis: Peru tightens border controls

[ad_1] Image copyright AFP Image caption Many Venezuelans are exhausted by the time they reach the Peruvian border Peru has brought into force new entry requirements to control the numbers of Venezuelan migrants.Venezuelans will no longer be admitted with just an identity card, although children, pregnant women and the elderly are exempted.Similar rules were introduced in Ecuador last week, only to be overturned by a court.Tens of thousands of Venezuelans
US & World

Venezuela nears ‘Mediterranean crisis point’

[ad_1] Image copyright AFP The UN has warned Venezuela is heading for the same refugee "crisis moment" seen in the Mediterranean in 2015.The warning comes as neighbouring countries try to stem the flow of Venezuelans looking to escape the country's dire economic situation.Peru brings in stricter border regulations on Saturday - a day after a court overturned Ecuador's attempt to strengthen its own controls.More than two million Venezuelans have fled