Cuban government opens up economy
14 February 2021 | 9:06 am
Cuba has increased the number of industries that will be free from state involvement. It is one of the biggest economic reforms for the country in years.
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Conservative leader Nunez Feijoo had asked the Socialist Sanchez to back his government formation for two years. Spain faces the threat of remaining in political deadlock, since the July general election.
As a group of senior Gabonese military officers announce they have seized power and placed President Ali Bongo under house arrest, we take a closer look at Gabon's economic situation. The Central African nation is the fourth-largest oil producer in sub-Saharan Africa, but a third of its population lives below the poverty line. One particular source of frustration lies in the high levels of corruption: the country ranks 136th in Transparency International's Corruption Perceptions Index.
On 17 August 2023, popular protests over the high inflation rate and deteriorating economic situation in Syria erupted in the Druze majority city of Al-Suwayda, with hundreds of participants. These grew, and by 20 August, thousands of protesters chanted slogans demanding the downfall of Assad regime.
German Chancellor Olaf Scholz's government has seen its lowest approval ratings since coming to power in 2021. The far-right continues to see a surge in support.
In a renewed attempt to broker peace, Colombia's leftist President Petro agreed on a ceasefire with an armed dissident group. The EMC is a splinter group that rejected the 2016 deal broadly honored by the larger FARC.
Prime Minister Narendra Modi's government has extensively revised secondary school curricula, removing all mention of the country's Mughal and Muslim history, which spanned some six centuries, as well as the identity of the assassin of Mahatma Gandhi and even Charles Darwin's theory of evolution.
Vice Chancellor Robert Habeck said Germany remains a "highly attractive location" for investors. But the statistics agency said industrial output fell for a third straight month, and that wasn't the only negative news.
Apple's market value has tumbled by some $200 billion in the wake of reports that Beijing has banned iPhones among government employees. We take a closer look. Also, Chinese car manufacturers make inroads into the European market, and New York City cracks down on Airbnb.
With India now the world's most populous nation, providing enough jobs for young people represents a major challenge. Since contracts in the private sector do not offer job stability, millions of young Indians are vying for government jobs like those for soldiers, station masters or teachers. Although salaries are modest, these positions provide a job for life with some added benefits.
Gambling in Japan operates in the shadows, yet it accounts for nearly half of sales in the country's leisure sector. And for some, a harmless pastime can turn into a dangerous addiction. About three million Japanese are thought to have experienced a gambling addiction at some point in their lives. Earlier this year, the government approved plans to build Japan's first casino, a long-awaited move that has divided public opinion. Our correspondents report on Japan's troubled relationship with gambling.
Chancellor Olaf Scholz and his center-left coalition have been plummeting in opinion polls. But a study by the Bertelsmann Foundation finds the government has fulfilled many of its election promises.
German economy posts zero growth in second quarter. German gross domestic product (GDP) remained level between the first and second quarters of 2023, according to new data released last week. Year-on-year, the economy contracted by 0.2% in the second quarter.
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The Lagos State Internal Revenue Service has deployed an upgraded electronic process for the collection of Hotel Occupancy and Restaurants Consumption Tax in the state. How efficient is the process in driving tax revenues? Theo Emuwa, a Partner at Aelex, joins CNBC Africa for this discussion.
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David Doyle brings you a round up of this week's business news from sub-Saharan Africa, including a setback for Zambia and currency woes in Nigeria.
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We focus on the situation in Sierra Leone, where 20 people were killed during Sunday’s attack on military barracks. President Julius Maada Bio said in an address on Sunday that most of the leaders of the attack had been arrested. Officials confirmed, however, that nearly 2,000 inmates escaped central prison during the events and only 23 have so far been brought back.
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Dheepthika Laurent chats to American choreographer and dancer Trajal Harrell about his retrospective at Paris's Festival d'Automne. They also talk about vogueing, the focus of his seminal eight-year project "Twenty Looks or Paris is Burning at the Judson Church" and his current field of interest: Japanese dance style Butoh.
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Rights groups are calling on the Japanese government to improve conditions for women in Japanese prisons. Statistics show most women in Japan are incarcerated for non-violent offenses.
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Since the Hamas terror attack on Israel on October 7, nearly 1,000 antisemitic incidents have been reported in Germany. Some of these acts include extreme violence and property destruction, a German association said.
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