Botswana President Masisi on how global slowdown, trade wars are affecting gem prices and exports
09 September 2019 |
1:01 pm
Botswana President Mokgweetsi Masisi said global economic slowdown is affecting both diamond sales and prices negatively. It is also having a knock-on effect on Botswana’s economy, but the government expects the downturn to be temporary. Masisi was speaking with Bloomberg Television's Manus Cranny at the World Economic Forum in Cape Town.
Related
14 Oct 2022
The Green Party's Robert Habeck could not have imagined his first year in office would so turbulent. DW's Jens Thurau sums up a year of crises for the German Economy and Climate Minister.
30 Oct 2022
Ahead of the Chinese Communist Party congress, China is tightening its already strict coronavirus rules. Entire sectors, including tourism, are suffering. And people are increasingly voicing their frustration.
20 Oct 2022
Young and educated workers are leaving Nigeria amid high inflation and a plunging naira, creating a 'brain drain' ahead of next year's presidential election.
31 Oct 2022
Streets were quiet in the normally bustling heart of Accra's central business district on Wednesday as traders in the Ghanaian capital closed their shops to protest worsening economic conditions.
10 Nov 2022
Ahead of the Chinese Communist Party congress, China is tightening its already strict coronavirus rules. Entire sectors, including tourism, are suffering. And people are increasingly voicing their frustration.
19 Nov 2022
The U.S. economy is “headed for a hard landing,” UBS economists say in a report, noting that, “Household spending has been weak. Households are running down savings. Credit card balances are rising. Goods spending remains very elevated.
17 Nov 2022
Germany has upped its ambitions on a global green hydrogen scheme. The fuel has been touted as a solution to help slash CO2 emissions. What is the hype all about?
21 Nov 2022
This week, we're focusing on Qatar and asking what the economic impact of hosting the FIFA World Cup could be. Can this be a transformative event for the gas-dependent country? Or will it be a financial abyss worth an estimated $200 billion? We ask Alexis Antoniades, an economics professor at Georgetown University’s campus in Qatar.
12 Dec
In its first space mission, Japanese company ispace Inc. has built the lander that is carrying the United Arab Emirates' Moon rover, as well as other payloads for government agencies from the US, Canada and Japan. Created over a decade ago, it could be the first private company to land on the Moon's surface.
17 Jan
Germany managed to stave off a full recession in 2022, with the economy performing better than expected. Although Russia's war in Ukraine and high energy prices slowed growth, the economy "managed to perform well."
23 Jan
Following years of political and economic crises, Lebanon's population structure has changed, and not for the better. Experts believe that the structural inequality will only widen in future.
6 Feb
This week, a major upheaval hit one of India’s top business empires. Adani Group has operations in everything from coal mining to telecoms. Its seven main units were recently worth an estimated $220 billion. But a blistering report by an American investor research firm accusing the conglomerate of massive fraud and market manipulation has sent its stock price plummeting, along with the personal fortune of billionaire founder Gautam Adani.
Latest
2 hours ago
Angelina Jolie is collaborating with French luxury house Chloé to unveil hew new capsule collection for sustainable fashion label Atelier Jolie.
2 hours ago
The spiritual leader of the world’s 1.3 billion Catholics has suffered several health issues in the last year, but the pontiff is recovering well from his operation, the Vatican has said.
3 hours ago
France, Portugal and Spain, as well as the US, are joining the fight to put out hundreds of active wildfires in Canada. Heavy smoke from wildfires has traveled thousands of miles and shrouded many US cityscapes.
4 hours ago
Northeastern states in the US are experiencing historically high levels of air pollution due to wildfires in Canada. Experts say these types of situations will only increase in the future as the climate warms.
4 hours ago
English midfielder Jude Bellingham is set to leave Borussia Dortmund for Real Madrid, the Bundesliga club have confirmed. The teenager has scored 24 goals in 132 appearances for BVB.
5 hours ago
The former US vice president is launching a bid for the White House. This is no normal set of circumstances for Mike Pence, who was loyal to former US President Donald Trump for years, only parting ways with him after the Jan. 6 attack on the US Capitol. Pence is polling in the single digits and along with former New Jersey Governor Chris Christie is entering a growing field of Republican candidates challenging Donald Trump, who is the current frontrunner by far.