6-story building collapses in Nairobi, Kenya
06 December 2019 | 1:26 pm
A rescue operation is underway in the Kenyan capital after a residential building collapsed. Two people were confirmed dead and an unknown number are feared to be trapped under the rubble despite rescue efforts.
Kenyan authorities are concerned about the high level of poaching in different areas of the country. As the country remains gripped by drought, more locals are now hunting for bushmeat as a means to get by.
Kenya is the world's fourth largest exporter of cut flowers - but it's a dirty business. At Lake Naivasha, huge numbers of fish have been killed by pollutants. We see how Kenyan flower farms are now working more sustainably.
The European Parliament has been sending delegations to the region as it edges towards an EU-ASEAN parliamentary assembly. But the bloc is fractured over who should lead EU foreign policy.
The US Treasury, Federal Reserve and Federal Deposit Insurance Corporation have unveiled a plan meant to stem any contagion from Silicon Valley Bank's (SVB) failure on Friday. The Federal Reserve will provide an emergency lending facility that will ensure all of the bank's depositors are repaid in full.
Banking stocks around the world have fallen sharply following the collapse of Silicon Valley Bank and a subsequent intervention by US regulators to protect depositors. Smaller regional lenders in the US are particularly hard hit, with many requests being made to move deposits to some of the country's larger lenders.
In Kenya, dollar shortage has hit oil importers hard as they need the greenback to bring in supplies.
After the fall of SVB and New York-based Signature Bank, US authorities took decisive measures to prevent any possible contagion. But the factors that fueled their downfall are keeping Europeans on their toes.
Kenya's Kokwa village has been affected by Lake Baringo's rising water level. It’s now an island on which the population has been left stranded.
Zachariah Mwaura uses geometric tools to create insane haircuts and beards for his clients. He is already recognized as Nairobi's geometric barber.
Is America facing a banking crisis? As regulators try to stem the fallout from the collapse of Silicon Valley and Signature Banks, we look at the risks for the rest of the system. Kate Moody speaks to economist Nicolas Veron from the Peterson Institute for International Economics and the European think tank Bruegel.
Nairobi police sought to disperse demonstators protesting the cost of living crisis as well as accusing President Ruto of stealing last year's election. Authorities arrested several protestors, including two lawmakers.
A young man was shot dead in Kenya on Monday, a hospital said, as anti-government protests turned increasingly violent, with police firing tear gas at opposition leader Raila Odinga's convoy and his supporters, and looters going on the rampage.
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