Tag Archives: economy

London, United Kingdom | AFP | The pound dropped Monday following weak UK construction data and as Prime Minister Theresa May seeks to try and finally unlock the Brexit stalemate. London’s benchmark FTSE 100 index, featuring large multinationals earning in dollars and euros, climbed to a two-month high above 7,000 points thanks to the weaker …

Washington, United States | AFP | The United States hopes to make “significant progress” during high-stakes trade talks with Chinese officials this week, US Treasury Secretary Steven Mnuchin said Tuesday. Beijing and Washington have a month remaining in a 90-day truce declared in December before US tariffs on hundreds of billions in Chinese exports are …

After good economic performance in 2018, can the Uganda economy maintain the momentum? COMMENT | MUSA MAYANJA LWANGA | Despite the political violence that threatened Uganda’s international image, the year 2018 was a great year for the country in terms of economic performance. Estimates show that the economy grew at …

`We can’t build a mixed economy when the private sector side is parasitic on the public sector’ NRM programme point No. 10. Following an economic strategy of mixed economy When the NRM government took power in 1986, it introduced a 10-point programme. Point No.10 on the programme was to pursue …

Beijing, China | AFP | Cracks are opening in China’s mighty economy: investors are backing away from deals, factories are moving abroad and companies are shedding jobs. The world’s second-largest economy is losing steam, hitting its slowest growth in almost three decades last year, and flagging further in recent months. …

Coca-Cola, Pepsi tout plastic recycling in rare joint appearance Davos, Switzerland | AFP |  The bosses of Coca-Cola and Pepsi promised Thursday that “huge progress” would be made by 2030 to reduce plastic waste, which contaminates humans, wildlife, and oceans. Soft drink archrivals James Quincey and Ramon Laguarta participated in …

What Chinese, French domination of Uganda’s oil and gas supplier database means for Ugandan entrepreneurs Kampala, Uganda | RONALD MUSOKE | As pressure to develop key upstream infrastructure picks up with billions of dollars expected to pour into the Ugandan economy starting this year, focus is now turning onto who …

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 …