ECB keeps interest rate at record low
The European Central bank has left its key interest rate unchanged at a record low of 0.25 percent. Over the past years, the ECB has been flooding Europe with money, offering cheap loans to banks in the hopes that money will trickle down to main street. We ask an expert if all this is working.
Bochum facing uncertain future
The city of Bochum in Germany's industrial Ruhr region has been through changes before. Following the decline of mining, the auto industry played a key role in the region. But now some three thousand employees at the city's Opel plant could soon be out of work. It's set to close at the end of next year.
Nigeria surging ahead in Africa
Nigeria could soon become the largest economy in Africa, surpassing South Africa. But the country is not without its own infrastructure problems and a growing gap between the rich and poor. The source of the country's new wealth is Nigeria's huge oil reserves.