Economic forecasting models have long been notoriously inaccurate in predicting inflation | AXEL A. WEBER | Current forecasts by many banks, central banks, and other institutions suggest that inflation will not be a problem in the foreseeable future. The International Monetary Fund, for example, expects global inflation to remain subdued …
Read More »
Geneva, Switzerland | THE INDEPENDENT | World Health Organization Director-General Tedros Adhanom Ghebreyesus has reached out to COVID-19 skeptic, Tanzania’s President John Magufuli, promising to support the country’s health system. “COVID-19 is a serious disease that can cause severe illness and even death. National authorities everywhere must do all they can …
Read More »
Kampala, Uganda | THE INDEPENDENT | The recovery of the Ugandan economy to the desired levels will depend on many factors, most of them beyond the country’s control according to experts and the private sector. These factors include the rebound in the export sector, the developments in oil sector, the universal …
Read More »
BERLIN, GERMANY | THE INDEPENDENT | German Chancellor Angela Merkel told the special virtual edition of the Munich Security Conference (MSC) on Friday that multilateralism provided the basis for all political activities and that multilateral organizations should be strengthened. “I think the past two years have made it clear that this …
Read More »
Geneva, Switzerland | THE INDEPENDENT | Although the global number of new COVID-19 cases has fallen for the fifth consecutive week, the world is still not out of the woods and now is not the time to let the guard down, senior officials from the World Health Organization (WHO) have warned. …
Read More »
Brussels, Belgium | THE INDEPENDENT | European Commission President Ursula von der Leyen on Friday pledged 100 million euros (121 million U.S. dollars) in humanitarian assistance to support the rollout of vaccination campaigns in Africa. In a statement, the European Union (EU) said this funding will support the vaccination campaigns in …
Read More »
Berlin, Germany | THE INDEPENDENT | U.S. President Joe Biden said on Friday that the United States is returning to the transatlantic partnership and will address global challenges like climate change and the COVID-19 pandemic. “I’m sending a clear message to the world: America is back. The transatlantic alliance is back. …
Read More »
Pretoria, South Africa | Xinhua | A total of 570 police officers have succumbed to COVID-19 in South Africa while over 27,000 were infected, said Police Minister Bheki Cele on Friday. Cele made the remarks in Pretoria while releasing the crime statistics for the third quarter of the 2020-2021 financial year. …
Read More »
EU funding will, among others, contribute to ensuring the cold chains, roll-out registration programmes, training of medical and support staff as well as logistics. Brussels, Belgium | THE INDEPENDENT | The President of the European Commission, Ursula von der Leyen, has announced today $121 million (€100 million) in humanitarian assistance to support the …
Read More »
Kampala, Uganda | THE INDEPENDENT | Nursery schools and other Early Childhood Development Centers (ECDs) will not be closed permanently. Their reopening however is dependent on the arrival of the much-awaited COVID-19 vaccines and their rollout. This pronouncement comes amidst fears that the Ministry of Education had banned nursery schools, and …
Read More »
The Independent Uganda: You get the Truth we Pay the Price