Rand falls victim to Trump’s trade war

To mark International Workers' Day, anti-poverty NGO Oxfam has released analysis showing that between 2020 and 2023, shareholders saw their dividend payments increase by 45 percent while workers saw their wages increase by just 3 percent.

rge swathes of Asia continue to swelter though a dramatic heatwave that has topped temperature records all the way from India to the Philippines. Bangladesh has faced the hottest April on record, with temperatures forcing millions of children to stay home from school and making working in the scorching heat difficult for millions. The heatwave is also leading to water shortages. But that term is one that water supply expert Isha Ray from the University of California, Berkeley does not like. She has been speaking at a conference in Paris called "Facing Environmental Crisis in South Asia" and told us in Perspective why she thinks the term is misleading.

The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.

The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.

The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.

China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.