US dollar: How the currency’s ascent creates headwinds to US businesses
30 October 2022 | 3:37 pm
Currencies are depreciating around the world and wreaking havoc on economies. But as the strong US dollar hits foreign demand, some American businesses are also experiencing painful losses.
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22 Feb 2021
The change is a key reform demanded by foreign donors and the International Monetary Fund (IMF). The country is hoping to overhaul its debt-laden, inflation-hit economy.
26 Feb 2021
Vice President Yemi Osinbajo has disagreed with the Central Bank of Nigeria to ban Crypto-Currencies transactions in the country. Osinbajo spoke at the CBN/Bankers Committee’s Initiative for Economic Growth in Lagos and called on the CBN and the Securities and Exchange Commission to put in place a robust framework for the regulation of Crypto-Currencies. The CBN had ban Crypto-Currencies usage in Nigeria a few weeks ago.
10 Jun 2021
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.
3 Jul 2021
US IT company Kaseya urged its customers to shut down their servers after hackers smuggled ransomware onto its network. Such attacks infiltrate widely-used software and demand ransom to regain access.
Nigeria launches eNaira digital currency... CBN says transactions on the platform free for 90 days
25 Oct 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
4 Nov 2021
Local traders and residents reacted to the Taliban ban of foreign currencies for trade, at the Sarai Shahzada market in Kabul on Wednesday after the Taliban made the announcement on Tuesday. The US dollar has been used widely in Afghanistan’s markets before the ban.
10 Nov 2021
Have we already bungled the green recovery? One year on, post-pandemic plans to turbocharge energy transition with massive next-generation infrastructure investment are still on the rails, but have taken their knocks from fiscal hawks, vested interests and infighting over what it really takes to make the planet great again.
18 Nov 2021
Turkey's lira sunk to a new low against the US dollar on Tuesday. As the lira continues to tank, the Turkish working class suffer the brunt of the inflation.
23 Nov 2021
The Turkish lira hit new lows against the US dollar and euro. Analysts place the blame on the low interest rates and the cheap money policies preferred by President Recep Tayyip Erdogan.
2 Dec 2021
Turkey's Finance Minister, Lutfi Elvan, has resigned amid another plunge in the value of the country's currency, the lira. He is being replaced by his deputy, Nureddin Nebati, who supports President Recep Tayyip Erdogan's controversial economic policies. The lira has lost almost half of its value this year as Erdogan has pushed for low interest rates, despite rising inflation. Also today, we look at how some French parents are choosing to rent toys for their children, instead of buying new ones.
20 Feb 2022
India is expected to launch a digital version of its currency, the rupee. The plan for the sovereign-backed digital currency comes as the popularity of cryptocurrencies is on the rise.
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The number of wild mountain gorillas, who are at risk from humans, is increasing for the first time in years. This is thanks to the efforts of conservationists like Uganda's first-ever wildlife veterinarian, Gladys Kalema-Zikusoka, who says they are truly gentle giants. There are just over a thousand mountain gorillas left, mostly high in the mountains in Uganda, Rwanda and the Democratic Republic of Congo. Kalema-Zikusoka has also written a book, "Walking with Gorillas", charting her life from young enthusiast to wildlife campaigner.
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Brazilian nurses make more money working in Germany, but are afforded less responsibility and recognition than at home. Three women spoke with DW about their experiences.
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Civilians living downstream of the dam have been urged to evacuate in the face of catastrophic flooding.
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Hackers took over the broadcasts of several TV and radio stations in the regions bordering Ukraine. The Kremlin said authorities have regained control of the airwaves.