Naira strengthens further
23 March 2017 | 1:30 am
The interventions by the Central Bank of Nigeria has significantly improved the convergence between the official and parallel market rates, as the naira continues to firm at the parallel market.
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Vaccine equity campaigners have long warned the EU that sharing doses was essential to prevent new variants emerging. EU countries made big promises on vaccine donations, but have so far struggled to deliver. Why?
31 mins ago
New legislation is intended to hold social media giants accountable by forcing them to reveal the identity of anonymous online bullies who post defamatory material.
36 mins ago
This year's World AIDS Day puts the spotlight on ongoing inequalities in the fight against HIV, the virus that impacts some 38 million people worldwide. Dr. Alexandra Calmy, the head of the HIV/AIDS Unit of Geneva University Hospitals, says the inequalities surrounding HIV/AIDS are much like those witnessed during the Covid-19 pandemic, with access to treatments and prevention spread unevenly across the world's population. Forty years after the first case of HIV was detected, stigmatisation also remains a major obstacle to eradicating the virus. Dr. Calmy's message for anyone worried they might have HIV is "don't be afraid of yourself".
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The United States is the only developed economy without any national policy on paid parental leave. American lawmakers have recently made efforts to pass mandates on parental and family leave, but the legislation is likely to be blocked in partisan bickering. “It has immense benefits” says Richard Petts, Sociology professor at Ball State University, to journalist Kate Moody. “It's really a can't miss policy”.
3 hours ago
Chinese real estate giant Evergrande, saddled with around $300 billion in debt, has been struggling to meet interest payments on its loans. If it collapses, some of its partner firms could be driven to bankruptcy, prospective homebuyers could lose deposits and some banks would lend less money, which would lead to a credit crunch in the world's second-biggest economy. Property developers in China have in fact created an oversupply: there is enough empty property in the country to house more than 90 million people. FRANCE 24's team reports.
3 hours ago
The neoliberal FDP will be the smallest party in Germany's new government but it has landed key ministries and the all-important finance chief job. How much influence will the Free Democrats really have in the end?