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Influx of Afghan returnees fuels Kabul housing crisis
Influx of Afghan returnees fuels Kabul housing crisis
by  AFP

Weeks after he was forced to return from Iran, Mohammad Mohsen Zaryab was still searching for somewhere to live in Kabul, where rental prices have soared along with an influx of Afghans expelled from neighbouring countries. Multiple Kabul property dealers told AFP that rental prices had skyrocketed with the influx of returnees.

India exporters say 50% Trump levy a 'severe setback'
India exporters say 50% Trump levy a 'severe setback'
by  AFP

Indian exporters warned on Thursday that the cost of additional US tariffs risked making businesses "not viable" after President Donald Trump ordered steeper levies totalling 50 percent on imported Indian goods.

Germany factory output lowest since pandemic in 2020
Germany factory output lowest since pandemic in 2020
by  AFP

German industrial production slumped to its lowest level in June since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe's top economy even before higher US tariffs kicked in. Data released Thursday also showed that German exports in June to the United States -- the country's biggest trading partner -- fell 2.1 percent, after having registered a steep decline in May.

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