Tag Archives: economy

As the elites gather at #wef19, we reveal the true costs of under-taxation of the rich on the world's poorest. Download our latest inequality report, 'Public good or private wealth', here→ https://t.co/UHN0xcW1Fc #FightInequality #BeatPoverty pic.twitter.com/Txo0QoKc5S — Oxfam International (@Oxfam) January 21, 2019 Davos, Switzerland | AFP |  The world’s 26 …

Goodbye Nairobi. Hello #Davos2019 Tomorrow we @Oxfam launch our #inequality report. Here & around the world we will sound the alarm on the frightening, widening gap between rich & poor. We will offer solutions & point to +ve examples. Watch this space! #wef19 #FightInequality pic.twitter.com/kNavqZVYKP — Winnie Byanyima (@Winnie_Byanyima) January …

Pullach im Isartal, Germany | AFP | Harold Voit takes out his wallet, extracts a wad of 50-euro bills and gazes at it calmly as the cash goes up in flames. Slamming the billfold shut, Voit puts out the fire and opens it again to reveal the money intact and …

Beijing, China | AFP | China’s economy grew at its slowest pace in almost three decades in 2018, losing more steam in the last quarter as it battles to quell massive debt and a US trade war, official data showed Monday. The 6.6 percent growth comes in above the official …

  Harare, Zimbabwe | AFP |  Zimbabwe on Friday imposed a “total shutdown” of the internet as international criticism mounted over a ruthless security crackdown after anti-government protests. Police and soldiers have been accused of indiscriminately dragging people from their homes and beating them. Hundreds of people have been arrested …

Harare, Zimbabwe | AFP | Several months of protests in Zimbabwe over shortages of basic goods, inflation and the depreciation of the local currency have escalated into riots after the government doubled the price of fuel. In power since the fall of Robert Mugabe in November 2017, President Emmerson Mnangagwa …

Abidjan, Ivory Coast | AFP | Africa’s strong growth will accelerate in 2019 but fail to roll back high unemployment and poverty, the African Development Bank (AfDB) said Thursday. The continent’s gross domestic product expanded by 3.5 percent in 2018 after 3.6 percent in 2017 and should reach 4.0 percent …

Harare, Zimbabwe | AFP | Zimbabwean activist Evan Mawarire appeared in court in Harare on Thursday to face subversion charges as authorities cracked down on anti-government protests in which doctors say 68 people suffered gunshot wounds. Nationwide demonstrations erupted on Monday after President Emmerson Mnangagwa announced that fuel prices were …

Harare, Zimbabwe | AFP | Violent protests in Zimbabwe claimed lives on Monday as soldiers were deployed after the embattled government more than doubled fuel prices, sparking widespread anger. Protesters burnt tyres and barricaded roads while cars were torched as demonstrations turned violent in the capital Harare and Bulawayo, Zimbabwe’s …

Harare, Zimbabwe | AFP | Zimbabwe’s President Emmerson Mnangagwa has announced an sharp increase in fuel prices in a measure to improve supplies as the country struggles with its worst petrol shortages in a decade. After years in international isolation, Zimbabwe’s economy has been on a downturn for more than …