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Tag Archives: Markets

Algorithms: the managers of our digital lives

Paris, France | AFP |  Algorithms are a crucial cog in the mechanics of our digital world, but also a nosy minder of our personal lives and a subtle, even insidious influence on our behaviour. They have also come to symbolise the risks of a computerised world conditioned by commercial …

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Dow passes 20,000 points for the first time

New York, United States | AFP |  The Dow Jones Industrial Average, the most famous equity index benchmark on Wall Street shot above 20,000 for the first time at the open Wednesday. The blue-chip stocks index quickly blew through the much-anticipated milestone in the opening seconds of trading, culminating a …

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Markets in free fall as Trump moves into lead

Mexican peso slumps to record low against dollar Hong Kong, China | AFP | Markets went into free fall Wednesday and the Mexican peso tanked as Donald Trump appeared to be moving into the lead in the race for the White House. Safe haven assets rallied as investors went running …

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OPEC production deal sends world stocks higher

New York, United States | AFP |  US and European markets moved higher on Wednesday as oil producing countries reached a surprise deal to cut oil production, causing crude prices to jump more than five percent. Following the agreement reached in Algiers by members of the Organization of the Petroleum …

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VIDEO: MPs summon Musisi, Lukwago over Usafi Market

NBS: The presidential affairs committee of parliament has summoned the political and technical leadership of Kampala Capital Authority (KCCA) over the mismanagement of USAFI market which they say is costing the country.  The summons is in response to a petition filed by the vendors who complained of high taxes yet …

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Fight poverty; urbanise, integrate markets

By Independent Reporter World Bank Development Report 2009 diverts from tradition on how the poor can create and grow wealth Released on November 7, 2008, in Washington DC, the World Development Report 2009: Reshaping Economic Geography comes at a time of severe economic crisis, which history shows can cause nations …

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