Draghi’s opening statement at ECB news conference
21 July 2017 | 10:00 am
European Central Bank President Mario Draghi comments on the central bank's interest-rate decision, and the inflation and growth outlook during a news conference on policy, rates, inflation and the economy following the Governing Council's meeting in Frankfurt.
Migration, development, and security are still the focus of the incoming German government's Africa policy. But the private sector feels snubbed by the government's new coalition deal.
Opposition leader and former president Mikheil Saakashvili says charges against him for his role in suppressing a 2007 protest are "trumped up." Amnesty International called his arrest "political revenge."
The omicron variant of Covid-19 has added a fresh layer of uncertainty to global stock markets. Rabobank's Senior Market Strategist Christian Lawrence talks us through the latest volatility, and what he expects from central banks in the coming weeks. Also in the show: India's coal mines could hamper the country's efforts to reduce carbon emissions.
President Muhammadu Buhari on Wednesday hosted his South African counterpart, Cyril Ramaphosa, in the Presidential Villa Abuja. The South African President who is accompanied by a delegation of ministers and business leaders is on a state visit expected to reinforce South Africa’s bilateral relations with Nigeria as well as strengthen partnerships directed at African development and cooperation in multilateral forums.
President Joe Biden had scrapped the Trump-era policy on his first day in office. But a Texas judge has now ordered its reinstatement.
Gambian President Adama Barrow has comfortably won re-election, the electoral commission said on Sunday, though he may face a legal challenge from opposition candidates who rejected the results because of unspecified irregularities. Barrow received around 53% of Saturday's vote, far outstripping his nearest rival, political veteran Ousainou Darboe, who won about 28 percent.
Chinese private investment in Uganda is growing while Westerners are losing appetite to put money to work in the country, President Yoweri Museveni told Reuters, pledging to step up efforts to tackle corruption which has made slow progress. Museveni, in power since 1986 and one of Africa's longest-serving leaders, said Uganda was working to sign a number of deals with Chinese private sector lenders in sectors from agro- and fertilizer-processing, minerals processing or textiles.
The Federal Reserve is paving the way for possible interest rate hikes next year, in an effort to contain stubbornly high inflation. At the conclusion of a two-day policy meeting Wednesday, the central bank announced plans to phase out its large-scale bond-buying program faster than initially planned. The Fed started purchasing bonds during the pandemic as a way to keep borrowing costs across the economy low and to prevent any market disruptions.
Will Jacob Zuma return to prison? South Africa's highest court orders the former president to be re-incarcerated after setting aside an earlier decision to release him on medical parole. Meanwhile, the country records close to 27,000 new Covid-19 cases, an all-time record. Plus, European football clubs say they may not release their African players to take part in the Africa Cup of Nations, amid fears surrounding the tournament's Covid-19 health protocol.
Ahead of Chile's presidential run-off on Sunday, FRANCE 24's Cole Stangler takes a closer look at the country's economy and the contrasting visions of far-right candidate José Antonio Kast and left-wing contender Gabriel Boric.
A video has been widely shared in pro-Bolsonaro circles on Brazilian social media. It claims to show Brazil's former president Luiz Inacio Lula da Silva being insulted by Parisian students during a Batucada performance, while on the French leg of his European tour. We explore how the performance was hijacked and twisted by rival political supporters.
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