Nigeria’s closed borders: Who wins?
20 November 2019 | 2:47 pm
Despite a continuous spike in inflation and complaints of revenue losses by businesses, Nigeria's borders will remain closed until January 2020. CNBC Africa’s Samuel Onalaru has more on this story.
Indian and Chinese troops have clashed on their disputed Himalayan border, the first known incident between the two nuclear-armed Asian powers in nearly two years.
Consumers can expect more price rises in 2023 and 2024 as energy costs remain elevated, the head of a group of experts advising the German government said.
Title 42 is contentious as a pandemic-era restriction on immigration that some states have lobbied to retain. The rule will remain in place until the Supreme Court makes its final judgment next year.
Many people in China are excited about traveling abroad as COVID restrictions are eased and borders are set to reopen on January 8. Others remain cautious, with more countries imposing restrictions for Chinese visitors.
The US president has not visited the border since he took office two years ago. The announcement comes as tension rises at the border, with overwhelmed guards met by streams of asylum seekers.
France's cost of living crisis shows signs of stabilizing, as inflation dropped from 7.1% to 6.7% in December. It's among the lowest levels in the Eurozone, but many households and businesses are still struggling. French bakers are asking for more financial aid, with the cost of flour up a staggering 45%.
France's cost-of-living crisis shows signs of stabilising, as inflation dropped from 7.1 percent to 6.7 percent in December. It's among the lowest levels in the eurozone, but many households and businesses are still struggling.
Inflation in the 19 countries using the euro stood at 9.2% year-on-year in December. Having peaked in October at 10.6%, a slight reduction in the pace of inflation is prompting hopes of the peak having passed.
On Sunday, tens of thousands of travelers flew in and out of China without having to submit to stringent centralised quarantine requirements. The change in policy is raising hope in neighboring countries that this will signal the return of Chinese tourists. Holiday bookings have already increased and markets are trading higher on the news, but as we explain, it will take some time for travel to return to what it was before the pandemic.
China is bracing for an uptick in travel as people enter the mainland from Hong Kong for the first time in years. China's easing of travel restrictions come as communities celebrate the Lunar New Year festival.
The mechanism will remain in place until July 10 after a unanimous vote at the Security Council. While some nations felt this period too short, Russia had previously abstained on or vetoed such aid deliveries.
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