Crimea crisis threatens Ukrainian economy
The political and economic crisis in Ukraine could deteriorate further as Moscow decides to scrap the country's gas price rebate. Russia’s gas giant Gazprom has announced it will cancel a contract that had granted the government in Kiev a 30-percent discount on market prices for gas. The measure will come into effect as of April 1 - putting Ukraine's already battered economy under even more pressure.
DW speaks to Folker Hellmeyer, chief analyst at the Bremer Landesbank for more on the deteriorating relations between Russia and the West.
Number of tourists in Barcelona on the rise
The outlook for the global travel industry looks brighter this year. According to the United Nations World Tourism Organization the number of international tourists is expected to increase by around four percent this year. That's good news for Spain, which is one of Europe's most popular tourist destinations. Tourism makes a significant contribution to the country's economy.
China to experiment with market economy
Beijingis pushing ahead with a sweeping package of economic, social and legal reforms. These include a more flexible exchange rate for the Chinese Yuan, and an overhaul of the country's financial sector, which according to China's banking supervisory authorities, is long overdue.