Tag Archives: Economics and finance

#REUTERS. | US judge approves compensation for victims of Ethiopian Airlines Boeing crash

A U.S. judge on Monday approved Boeing’s deal with families of victims of the Ethiopian Airlines 737 MAX crash in 2019 in which the aircraft manufacturer acknowledges responsibility and will pay them compensation in exchange for the withdrawal of the aircraft. ” a claim for damages. The court documents reporting …

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#VOA. | World Bank shuns Afghanistan because of Taliban

“I would not imagine us operating inside (the country) given the collapse” of the economy, he said in a conversation at the Center for Strategic and International Studies (CSIS), Washington. “One of the challenges is the payment system,” he continued, adding that there is “no possibility of circulating the money, …

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#REUTERS. | Deforestation kills caterpillars, a food dear to indigenous populations

In the villages of the districts of Sembe, Souanké and Mokeko, in Sangha, in northern Congo, the indigenous populations are seeing the scarcity of caterpillars due to climate change. For lack of a solution, they complain about deforestation. BRAZZAVILLE — The indigenous population, considered to be the guardian of the …

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#REUTERS. | Nigeria launched the new version of its eNaira digital currency

ABUJA — Nigerian authorities hope to capitalize on the popularity of the cryptocurrency to better monitor digital currency transactions, curb trading on the naira black market, and also help integrate millions of Nigerians into the banking industry. “I think that internationally, it will have an impact on the country’s economy. …

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#VOA. | In the Maghreb, tourism hit by the Covid looks towards 2022

Haykel Akrout has been the manager of the luxury Bel Azur for over 20 years. He proudly shows us around this hotel with swimming pools and thalasso, overlooking the beach in Hammamet, the famous Tunisian seaside town. “2021 is better than 2020 (…) But it’s still half as good as …

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#REUTERS. | Beninese mayors will no longer control their budgets

After political and institutional reforms at central state level, it is the turn of local communities. Beninese President Patrice Talon is tackling decentralization with a modernization project that will shake up habits at the municipal level. President Talon, in power since 2016, defended his project before mayors and prefects gathered …

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empty petrol stations and deployed army ~ #AFP:

The country imports its fuel through ports in neighboring Tanzania or Mozambique. The army said soldiers now accompany tankers from border posts to depots and then to gas stations. The army “calls on the public to avoid obstructing these operations,” she said in a statement Thursday evening. “The Malawian Defense …

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Soaring food prices in Chadian markets ~ #REUTERS:

N’DJAMENA — In Chad, the cost of living is increasingly expensive. The prices of basic necessities go from simple to double, making the basket of the housewife almost empty. The measures taken by the transitional authorities to curb this price surge are far from reality. “Everything is expensive. Even if …

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End of pandemic unemployment benefits for millions of Americans ~ #REUTERS:

Millions of unemployed Americans lost their unemployment benefits on Monday, leaving only a handful of economic support programs for those still financially stricken by the year-and-a-half coronavirus pandemic. Two essential programs expired on Monday. One of them provided assistance to the self-employed and another provided benefits for those unemployed for …

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Senegalese farmers victims of a surplus of onions on the market ~ #AFP:

In Bambilor, one of the centers of onion production in Senegal, about thirty kilometers from Dakar, the report is bitter: the supply greatly exceeds the demand, under the combined effect of foreign competition, harmful agricultural practices or even insufficient storage capacities. “A house, a bag of onions”: behind this enigmatic …

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In Kipushi, 500 children came out of cobalt mines to go to school ~ #AFP:

“When I have finished my studies, I will be president of Unicef ​​to lead the Congo”, seriously assures AFP Yves, who at 13 is still only in the 4th year of primary school, because he had to spend several years in the mine to help his parents. He is one …

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La Bénoué, Nigeria’s “granary” hit hard by insecurity ~ #REUTERS:

The rice farmer had to abandon his 100-hectare farm located only a few kilometers from Makurdi, the regional capital, for fear of becoming in turn the target of attacks and kidnappings which are increasing in the region. Like Donald Amokaha, many farmers in the “Middle belt”, the ‘middle belt’ who …

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Democrats and Republicans at daggers drawn around a vast project to expand social assistance ~ #REUTERS:

Democratic senators unveiled Monday in Washington a vast plan to expand social assistance deemed anathema to Republicans. Costed at $ 3.5 trillion, the plan attempts to fulfill campaign promises made by President Joe Biden, himself a Democrat, made during the 2020 presidential election. It also includes plans dear to Independent …

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An extraordinary diamond, 3rd largest in the world, found in Botswana ~ #AFP:

The 1,174-carat gemstone, discovered on June 12, steals third place, on the podium of the largest diamonds in the world, to another exceptional stone found a few days earlier, on June 1, in the same country but by another mining company. It’s a discovery “historic, for us and for Botswana …

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Kinshasa and Kigali sign trade agreements, particularly on gold traceability ~ #AFP:

In the presence of two heads of state, a Congolese company, the Société aurifère du Kivu et du Maniema (Sakima SA) and a Rwandan, Dither LTD, signed “a memorandum of understanding of cooperation” for the exploitation of gold in order to deprive armed groups of income from this sector, according …

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