Paris, France | AFP | The number of coronavirus cases worldwide topped four million as some of the hardest-hit countries readied Sunday to lift lockdown restrictions, despite concerns about a second wave of infections. Governments around the world are trying to stop the spread of the disease while scrambling for ways …
Read More »Pandemic fuels historic US job losses, EU wants borders kept shut
Washington, United States | AFP | The United States on Friday recorded its steepest job losses in history over the coronavirus pandemic as Europe, faced with rising deaths, moved to keep its borders shut for another month. Hopes have been rising that the worst of the global catastrophe, which has killed …
Read More »Grim and getting worse: US set for historic unemployment surge
Washington, United States | AFP | Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll. In the US economy, skyrocketing unemployment is the most-visible sign of the devastation: almost overnight, at least 30 million workers lost their jobs. The April …
Read More »Grim and getting worse: US set for historic unemployment surge
Washington, United States | AFP | Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll. In the US economy, skyrocketing unemployment is the most-visible sign of the devastation: almost overnight, at least 30 million workers lost their jobs. The April …
Read More »Workers facing worst crisis since WWII amid pandemic: UN
Geneva, Switzerland | AFP | Some 1.25 billion workers are seeing their livelihoods threatened by the COVID-19 pandemic, the United Nations said Tuesday, warning it was the “worst global crisis” since World War II. In a fresh study, the International Labour Organization warned that the global spread of the new coronavirus …
Read More »US joblessness set to spike as virus takes toll on businesses
Washington, United States | AFP | With streets in major cities barren, and shops and restaurants forced to close due to the coronavirus pandemic, economists warn of a record explosion of Americans filing for unemployment benefits. The Labor Department on Thursday will release its weekly data on first-time applications for jobless …
Read More »President Museveni advises people in Rwenzori to ‘Wake Up’
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has called upon the people of Rwenzori region and Uganda in general to “wake up” and put themselves out of poverty by engaging in diverse economic activities. Museveni says it’s unfortunate that in a region full of potential ranging from the …
Read More »Gov’t accused of frustrating Youth Livelihood Programme
Kampala, Uganda | THE INDEPENDENT | Members of the budget committee of Parliament have accused the government of deliberately killing the Youth Livelihood Programme (YLP) by denying the program funding. The Youth Livelihood Programme was designed in the financial year 2013/2014 to respond to challenges of unemployment among the youth. Over …
Read More »Uganda to host 4th industrial revolution meet
Kampala, Uganda | Julius Businge | Kafeero Foundation, a social enterprise organization will hold the inaugural annual Power the Next event at Kampala Serena Hotel on Nov 16. The event will showcase Uganda’s progress in implementing Africa’s fourth industrial revolution. The event organized under the theme “Connecting Business to Capital” will bring …
Read More »Unemployment fuels unrest in Arab states: IMF
Dubai, United Arab Emirates | AFP | Unemployment and sluggish economic growth are fuelling social tension and popular protests in several Arab countries, the International Monetary Fund said Monday. The unrest is in turn contributing to slower growth in the Middle East and North Africa (MENA) region, alongside global trade tensions, …
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