IMF’s Georgieva: Are global financial systems failing Africa?
Video Duration 25 minutes 05 seconds 25:05 IMF Managing Director Kristalina Georgieva on how the African Continental Free …
Business and Economy
How Cuba’s sugar industry has been ground into dust
Cienfuegos, Cuba – “Without sugar, there’s no country,” the old Cuban saying goes. From the moment Spanish colonists …
Pakistan’s reeling economy takes new hit from protests
Karachi, Pakistan – On a hot day in Karachi, Mohammad Junaid, an employee of Pakistan Railways, stops his …
Adidas to sell some Yeezy merchandise, donate proceeds
Millions of Yeezy brand shoes worth $1.3bn are in storage as their sale was halted when Adidas cut …
US wholesale price April data points to easing inflation pressure
While wholesale prices rose at modest levels, weekly unemployment claims hit a 1.5-year high, more than expected. Wholesale …
UK raises interest rates to highest level since 2008
The quarter of a percentage point rise to 4.5 was expected, but the 12th increase in a row …
China’s cash-strapped local governments can’t pay workers on time
Hu Mingdan, a civil servant in eastern China, prided herself on landing a job known as an “iron …
China’s foreign companies on edge after ‘state secrets’ raids
Taipei, Taiwan – Foreign companies in China are on tenterhooks following a series of national security raids on …
Nothing to eat: Why is the world hungrier than ever?
Video Duration 26 minutes 00 seconds 26:00 Global food prices are falling but food insecurity is still on …
US regional banks plunge as investors worry crisis not over
Uncertainty continued to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon …