Türkiye is facing a serious inflation crisis that is making life difficult for many people. In April, inflation rose again to over 32 percent, meaning the prices of everyday goods are increasing quickly. Families are paying more for food, transport, housing, and energy, while wages are not rising at the same speed. This creates stress [...]
Vietnam is facing growing economic pressure as inflation continues to rise and everyday costs become harder for many people to manage. One major reason is the rise in global energy prices, which makes fuel, transport, and electricity more expensive domestically. Because Vietnam depends heavily on imported energy, changes in the world market quickly affect local [...]
Thailand’s economy is facing growing pressure because of long-term conflicts in the Middle East. Rising oil prices and higher energy costs are affecting factories, small businesses, airlines, and tourism. Many factories have reduced production or closed because they cannot afford expensive fuel, electricity, and raw materials while customer demand is weak. Small and medium businesses [...]
Rising global energy costs are starting to affect daily life in Thailand, especially through higher food prices. Many families are now paying more for basic items like chicken, pork, and eggs in local markets. According to the Thai Ministry of Commerce, these increases are linked to higher production and transport costs driven by global energy [...]
Laos has tried to grow its economy by working closely with China and using its natural resources like rivers, forests, and minerals. This helped the country build roads, dams, and railways, and reduce poverty. But it also created problems. Laos borrowed a lot of money, especially from China, and now has high debt. When COVID-19 [...]
In January 2026, inflation in Türkiye rose faster than expected, putting pressure on households already struggling with high prices. Consumer prices increased 4.84 percent compared to December, driven mainly by a 6.59 percent rise in food and non-alcoholic beverage costs. On an annual basis, inflation slightly eased to 30.65 percent, but the decrease was small [...]
Türkiye has long been a popular place for tourists, famous for its sun, sea, and beaches. But recently, fewer people are visiting. One reason is that wildfires have burned large parts of the Mediterranean and Aegean coasts for several years in a row. These areas are very important for holiday resorts, and fires make tourists [...]
Laos is facing a serious debt crisis in 2025. For many years, the government borrowed a lot of money, mostly from China, to build big dams along the Mekong River. The plan was to sell electricity to other countries and make Laos the “battery of Southeast Asia.” But the income from these dams has been [...]
In South Sudan, many people are struggling because the economy is very bad. The government can’t pay workers on time, and prices for food and goods keep rising. Because of this, more people are buying cheap shoes made from old tires. Shoemaker Emmanuel Achuil makes these shoes in the town of Wau. He carves soles [...]
Indonesia's rupiah has hit record lows against the US dollar, echoing the 1997-98 Asian financial crisis. The currency's decline, which began before President Prabowo Subianto's October inauguration, has worsened by about 8% due to political and economic uncertainties in the country. Prabowo's controversial policies, such as weakening central bank independence and restricting foreign companies, have [...]