Paying the price: The pandemic’s economic impact on women
26 May 2020 | 12:44 pm
In this edition, with numerous businesses worldwide closing or reducing staff, millions of women are losing their jobs. We report on how the recession brought on by the pandemic could lead to a prolonged dip in women's incomes and labour participation across the globe. Also, what is it like to be fired over Zoom? We talk to noted US journalist and author, Deborah Copaken, who recently underwent the experience and wrote an article about it which has since gone viral.
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South Africa's energy crisis could land the government in court, as opposition groups and trade unions threaten to sue over a decade of crippling blackouts. Also, as the World Economic Forum kicks off in Davos, the head of the International Finance Corporation tells FRANCE 24 that now is the time to ramp up private investment as Africa braces for a global slowdown.
South Africa's energy crisis could land the government in court, as opposition groups and trade unions threaten to sue over a decade of crippling blackouts.
The Independent Petroleum Marketers Association of Nigeria has refuted claims it will embark on a shutdown of operations today as the NNPC and other regulatory bodies begin the enforcement of ₦195 per litre pump price of petrol.
The government in Buenos Aires has imposed price caps on many goods to rein in runaway inflation. While the curbs are welcomed among low income locals, economists doubt they will remedy the country's persistent problem.
The devastating floods which hit Pakistan last year raised the pressure on the government to fight climate change. But many climate activists have faced retaliation from the state for speaking out in the past.
An unexpected OPEC production cut announcement has pushed up the price of oil. Besides reducing the amount of oil for sale, the move could also play into the hands of Russia and refill its war chest.
Martin Yang of Oppenheimer says Apple is probably not willing to "lower its price relative to other markets … just for the sake of gaining market share in the near term," as there is a good number customers who will be willing to pay a premium price for its products.
Electric vehicle maker Tesla reported a 24 percent rise in revenue in the first quarter of the year, while also seeing a 24 percent drop in profits. This follows a price-cutting drive in order to gain more market share in an increasingly competitive industry.
Rafael Moreno was a Colombian journalist who regularly exposed corruption and crime in his northern home region of Cordoba. On his Facebook page, Moreno tirelessly denounced embezzlement in public contracts and illegal resource extraction. But he paid the ultimate price for his reporting.
Economy Minister Robert Habeck wants to support German industry for years to come with lower electricity prices. His electricity price cap proposal is intended to ensure that energy-intensive companies remain in Germany.
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
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