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Tag Archives: economy

Sudan holds top opposition leader to curb protests

Khartoum, Sudan | AFP | Sudanese security agents have arrested the deputy head of the country’s main opposition Umma Party after it held anti-government rallies to protest rising food prices, the party said on Friday. Sporadic demonstrations have hit Khartoum and some other parts of Sudan since early January after …

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Ethiopia lifts ban on domestic workers moving overseas

Addis Ababa, Ethiopia | AFP | Ethiopia has lifted a ban on domestic workers moving overseas after passing a new law to guard against ill-treatment, a government official said Thursday. Africa’s second-most populous country instituted the ban five years ago following reports of abuse, and complaints that employment agencies lured Ethiopians …

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IMF head warns of public frustration in Middle East, North Africa

Marrakesh, Morocco | AFP | IMF chief Christine Lagarde warned Tuesday that “public dissatisfaction is bubbling up” in the Middle East and North Africa, calling for reforms that “respond faster to the expectations and sometimes to the frustration of the people”. Speaking at a conference in Morocco’s Marrakesh, the head of …

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Isolated Qatar signs agreements with Oman

Muscat, Oman | AFP | Qatar signed a memorandum of understanding with Oman on the development of bilateral investment and trade Sunday, nearly eight months into a crisis between the emirate and its Arab neighbours. The Omani news agency ONA said the agreement signed in Muscat covers a wide range …

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IMF invites Arab nations to tackle public ‘frustration’

Rabat, Morocco | AFP | The International Monetary Fund is holding a two-day regional conference from Monday in Morocco with a message of reform amid growing “frustration” among the population of some Arab states. “Rising social tensions and protests in several countries across the Middle East and North Africa are …

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Dodging bad headlines and boos, Trump tries to charm Davos

Davos, Switzerland | AFP | President Donald Trump on Friday reached out to the global business and political elite in Davos with a sales pitch for the US economy, but provoked boos for attacking the media after waking up to another round of adverse headlines. In a 15-minute speech at …

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‘I want to see a strong dollar,’ says Trump

Washington, United States | AFP | President Donald Trump waded into the uproar over the US currency Thursday, saying he wants to see “a strong dollar,” after comments by his Treasury secretary appeared to signal the opposite and sent the dollar plunging to three-year lows. In comments to CNBC, Trump said …

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S.Africa in ‘new era’, likely next president tells Davos

Davos, Switzerland | AFP | South Africa’s likely next president promised pro-business reforms and tough justice for those guilty of state corruption, as he wooed investors on Thursday at the World Economic Forum in Switzerland. Cyril Ramaphosa, who could replace Jacob Zuma as president within weeks, told investors in Davos …

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