Category Archives: Production
US Jobless Benefit Claims Increased Again Last Week
U.S. unemployment benefit claims rose again last week, the Labor Department reported Thursday, as the surging number of coronavirus cases restricts many businesses throughout the world’s biggest economy. Seasonally adjusted, a total of 885,000 laid-off workers filed for jobless compensation
UN Raises $1.7 Billion for Mali, Niger, Burkina Faso
NEW YORK – The United Nations said Tuesday it has received preliminary pledges of about $1.7 billion for the central Sahel countries of Burkina Faso, Mali and Niger at a donors’ conference in Copenhagen. “This represents substantial success,” U.N. Humanitarian
Uganda’s ‘Taxi Divas’ Rise From Covid-19’s Economic Gloom
KAMPALA, UGANDA – The women grappled with each other inside the vehicle. The driver jerked to ease the grip around her neck, then turned to elbow her attacker in the back seat. She flung the door open to make her
UN Envoy Welcomes Transitional Government in Mali
NEW YORK – The U.N.’s top envoy for Mali said Thursday that “success is within reach” with the formation of a transitional civilian government and the lifting of crippling sanctions imposed by West African regional bloc, ECOWAS. “The transition stands
UN FAO Pledges $70 Million to Help Sudan Families
KHARTOUM, SUDAN – The United Nations Food and Agriculture Organization (FAO) has pledged $70 million to support 600,000 Sudanese families affected by severe flooding caused by record heavy rainfall this year. The FAO’s director of emergency response, Dominique Burgeon, told
Economists Urge New Economic System for South Sudan
JUBA/GENEVA — While some South Sudanese experts recommend the government adopt a new economic system used by developing states to cut off black market currency exchange and stabilize skyrocketing prices, a new U.N. panel report says the real problem in
Sudan Businesses Feel Pinch as Currency Devalues, Inflation Soars
KHARTOUM – Sudan this month declared an economic emergency after the Sudanese pound lost 40 percent of its value in one month and annual inflation jumped to 167 percent. Sudan’s transitional authorities have struggled to stabilize the currency, the weakness of which helped fuel the protests
Japanese Ship Operator to Put $9.4M Toward Mauritius Oil Spill Recovery
The operator of a Japanese-owned bulk carrier that crashed into a reef in late July, causing a widespread oil spill in Mauritius, will pay at least $9.4 million over several years to fund environmental projects and support local fishing communities.
Japanese Ship Operator to Put $9.4M Toward Mauritius Oil Spill Recovery
The operator of a Japanese-owned bulk carrier that crashed into a reef in late July, causing a widespread oil spill in Mauritius, will pay at least $9.4 million over several years to fund environmental projects and support local fishing communities.
South Sudan, Sudan Address Economic Crises
JUBA / WASHINGTON – South Sudan’s central bank said Friday that it planned to ban the use of foreign currency nationwide to prevent further depreciation of the South Sudanese pound against the U.S. dollar after prices of food and other basic commodities
