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Acute food insecurity at 5-year high in 2020 due to war, economic crisis, extreme...

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Conflicts, economic crises and extreme weather conditions pushed the number of people who faced acute food insecurity to 155 million in 2020, the highest...
Andres Arauz, presidential candidate in Ecuador, waves a large national flag on stage at the end of his campaign on Thursday. He is tied at about 50 per cent in the race against conservative banker Guillermo Lasso. Photo: Juan Diego Montenegro/dpa

Ecuador faces stark choice in presidential run-off

(dpa) - In the midst of the coronavirus pandemic and a severe economic crisis, Ecuadorians took to the polls on Sunday to elect a...
Kuwaiti Emir, Nawaf al-Ahmad Al Sabah

Kuwait’s ruler swears in new government after clash with legislature

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dpa/GNA - Kuwaiti Emir, Nawaf al-Ahmad Al Sabah, on Wednesday swore in a new government, more than a month after the previous Cabinet...
chinese economy

Analysts: German economy slumped by 5.1 percent in 2020

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dpa/GNA – The German economy is expected to have contracted at a dramatic pace last year, after the launch of tough restrictions to...
Emmerson Mnangagwa

Zimbabwean president refutes reports of political, economic crisis

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Zimbabwean President Emmerson Mnangagwa on Friday reiterated that there is no crisis in the country which calls for foreign mediation. The...
A staff member disinfects subway train carriage in Changsha, capital of central China's Hunan Province, Feb. 13, 2020. To ensure the safety of passengers, Changsha has stepped up various prevention measures at subway stations to curb the spread of the novel coronavirus, such as disinfection in subway stations and subway train carriages, temperature measuring, setting up new observation points and publicity of epidemic prevention information. (Xinhua/Chen Zeguo)

Economic crisis caused by COVID-19 “most synchronized” in history – economist

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The economic crisis caused by the novel coronavirus pandemic is the "most synchronized" in history and its prospects of recovery is quite uncertain, Colombian...
The flag of Lebanon features the Lebanon cedar.

Britain allocates US$33 million for most vulnerable in Lebanon

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British Ambassador to Lebanon Chris Rampling said on Thursday that Britain allocated 25 million pounds (about 33 million USD) to help the most vulnerable...
bomb blast

Over 73 killed, 3,000 injured as huge explosions rock Lebanon’s capital

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Two huge explosions rocked Lebanese capital Beirut on Tuesday, leaving at least 73 people dead and 3,000 others injured. The blasts hit the Port...
Traditional Medicine

Zimbabweans seek traditional medicine amid pandemic

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With the costs for formal health care skyrocketing at the backdrop of an economic crisis that has seen inflation skyrocketing to more than 700...
IFC

FC Injects US$5.6 Billion into Private Sector Development in Africa and Middle East

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...More than $500 Million to Address the COVID-19 Pandemic IFC, a member of the World Bank Group, committed $5.6 billion to private sector development in...
Afcfta Logo

AfCFTA plan to ride out crippling coronavirus crisis, says Vera Songwe

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Africa has a more robust tool in the African Continental Free Trade Area (AfCFTA) to use in accelerating regional and economic integration and prepare...
Sudan Potrait

International conference pledges US$1.8 billion to help crisis-stricken Sudan

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An international conference on Thursday pledged to provide around 1.8 billion U.S. dollars to Sudan to help the northeast African country battle an economic...
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French Professional Football League to seek state-guaranteed loan to aid struggling clubs

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The French Professional Football League (LFP) has adopted a resolution on Monday to apply a loan guaranteed by the state (PGE) to pay the...
Sudan Prime Minister Abdallah Hamdok

Sudan forms mechanism to manage economic crisis

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Sudan's Prime Minister Abdalla Hamdok on Thursday announced formation of a mechanism to manage the country's economic crisis. The announcement came after a meeting held...
South African President Cyril Ramaphosa hailed by the National Assembly

South African president expected to focus on the economic crisis at SONA

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As South Africa's economy is still in the doldrums and numerous companies laying off thousands of workers, experts said President Cyril Ramaphosa should prioritize...
A worker makes chocolate Easter eggs preparing for Holy Week at the company of Chocolate Arrufat in Buenos Aires, capital of Argentina, on Apr. 1, 2015. Arrufat is one of the 150 recovered factories that are led by their employees, currently has 28 employees and plan production for easter of about seven thousand kilograms of chocolate. (Xinhua/Martin Zabala)

Argentina urgently needs IMF aid to survive economic crisis

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The chief of staff of the Argentinean government, Marcos Pena, said Saturday that asking the International Monetary Fund (IMF) for a "line of financial...
National Conference to Defeat Austerity organizers

Viewpoint: National Conference to Defeat Austerity in Detroit to Emphasize Programmatic Approach to Economic...

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Despite the claims of prosperity and full employment, millions are living in poverty and distress March 24 will be an important date for the Moratorium...
SADC Executive Secretary and South African Minister of International Cooperation

Viewpoint: SADC 37th Summit Illustrates the Need for Operational Unity

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Pretoria, South Africa was the scene of the 37th Summit of the Southern African Development Community (SADC) on August 19-20. President Jacob Zuma was...

South Sudan calls off Independence Day celebration over economic crisis

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South Sudan has canceled Independence Day celebrations for the second year running as it struggles to end a devastating civil war and economic crunch. ...
Banks

EIB lends €350 million to support Macedonia through economic crisis

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The European Investment Bank (EIB) has provided 350 million euros of total loans to support Macedonia through the economic crisis, vice premier Vladimir Pesevski...
Libya

Libya allocates US$4.8 billion to tackle economic crisis

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The Central Bank of Libya has allocated 4.8 billion U.S. dollars to face the current economic crisis in the country, said the government's spokesman...

Upper East: PNC Outdoors Manifesto

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The 55-page Manifesto has among its focus the “Transformation of Agriculture” to make it more viable and attractive. It also focuses on the Environment and...

Kenya mulls stimulus package for South Sudan

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"We had preliminary discussion for a loan. They were hit heavily because of the oil prices. A lot of Kenyan businesses are heavily involved...
South Africa Flag

Tensions mount amid growing economic crisis in Tshwane

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In several townships surrounding the capital of Pretoria, crowds attacked public buildings, transport buses and commercial enterprises. Numerous locations and vehicles were torched resulting...

Nigeria: The Once Called Giant Of Africa

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What is happening to our nation Nigeria? Once called giant of Africa when it attained political Independence October, 1960 from Britain is worrisome. Then, federal...
Riek Machar and Kiir

South Sudan unity government to face challenging economic crisis

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More than two years of civil war have crippled South Sudan's economy -- a huge challenge to a new unity government formed after rebel...
South Africa Students

South Africa universities remain closed as protests continue

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These fee hikes were scheduled to go into effect for 2016 as Africa’s most industrialized state faces a burgeoning economic crisis of sluggish growth...
peace

How Atheists Observed National Day of Prayer and Fasting in Zambia

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This ?solemn? day also made international headlines because many people have wondered why in this 21st century the authorities in Zambia thought it...
Africa map

Crippling repression and increasing economic crisis

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This is yet another important public meeting on the fight for justice against the banks and corporations along with their surrogates in the state apparatus. In the...

Kasapreko truly the Big Boy in the beverage industry

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By Abubakari Seidu Ajarfor, Kasapreko Company Limited the leading manufacturer of alcoholic and non-alcoholic beverages in Ghana, has made steady progress despite the current economic...