Food delivery apps brace for cost-of-living crunch
01 August 2022 | 10:56 am
Food delivery firms are reducing costs and exiting unprofitable markets or making tactical moves to cope with the tougher climate produced by the cost-of-living crisis.
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The United Kingdom is experiencing a wave of strikes on a scale not seen since the 1980s under then-Prime Minister Margaret Thatcher. With double-digit inflation, the spiralling cost-of-living crisis means that those on stagnating and low salaries, especially public sector workers, are struggling to make ends meet. This Wednesday, half a million people are expected to go on strike, from teachers to civil servants to train drivers.
Discarded laptops and smartphones contain valuable metals. However, extraction, usually performed by children, is a crude and hazardous process that goes unregulated.
South African President Cyril Ramaphosa has declared a national "state of disaster" over the country's rolling power shortages. Energy provider Eskom says its ageing coal-fired power plants cannot keep up with demand and it's been imposing scheduled cuts. The blackouts are weighing on business activity and South Africa's economic growth.
For Robert Douglas Fairhurst, it was being diagnosed with multiple sclerosis, an unpredictable and still misunderstood illness. As a literature professor, stories played a key role in helping him make sense of the diagnosis. He recounts the journey in his book "Metamorphosis: A Life in Pieces". The author joined us for Perspective.
Analysts say the acute shortage of naira notes caused by the currency redesign policy that has crippled Nigeria in the run up to Saturday’s election may have reduced vote buying by political parties.
In this edition we report on the latest technological innovations for disabled people in France. Founded by Nicolas Huchet, who lost his right hand in a work-related accident, My Human Kit is a company aimed at transforming the lives of those living with a disability. From prosthetic hands to electric wheelchairs, My Human Kit has a wide range of inventions.
A consortium of large US banks pumped $30 billion to prevent First Republic Bank from going under. Fear over a looming financial crisis has been high since two US mid-sized lenders collapsed last week.
As Nigeria's Central Bank tries to rebuild trust following a disastrous introduction of new naira bills, customers' faith in the financial system is being tested, as many still battle to obtain cash.
Companies and initiatives around the globe are tackling climate change with digital solutions.
People come to some of the poorest regions of Senegal in search of gold. But making money here is not easy, and it is an especially difficult life for women and children.
With Pakistan's economic turmoil worsening, those in poverty are suffering most. The country is in the midst of a serious financial crisis caused by a long delay in the $1.1 billion bailout from the IMF.
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