Tag Archives: economy

Mexico City, Mexico | AFP | Mexico is putting the presidential jet on the auction block, Andres Manuel Lopez Obrador’s team said Sunday, making good on the new president’s campaign pledge on his second day in office. The Boeing 787-8’s last mission took outgoing president Enrique Pena Nieto to the …

Cape Town, South Africa | AFP | An army of humans laid waste to an alien colony as South African video game maker Simon Spreckley enthusiastically controlled the action using his phone’s touch screen. “The penetration of mobile devices in Africa is huge. People often have two or three phones, which …

Buenos Aires, Argentina | AFP | A Sino-US showdown on trade loomed Saturday as G20 leaders wrapped up tense summit talks with a rare show of unity over the death of former president George Bush. There was an implicit contrast in some of the tributes offered at the Buenos Aires …

Buenos Aires, Argentina | AFP |  US President Donald Trump headed to Argentina Thursday for a fractious weekend of G20 summitry, cancelling planned talks with the Russian leader and boasting that his trade war with China was paying off. Rumblings of resistance to Trump’s assault on the international order were …

Paris, France | AFP | Protests by people clad in luminous vests have played havoc with traffic across France and prompted violent clashes in Paris in recent days. But who are the “yellow vest” protesters, and what will become of them? What are these protests about? The movement sprang up …

Washington, United States | AFP | President Donald Trump once again blasted his hand-picked chief of the US central bank Tuesday, saying he was “not even a little bit happy” with his selection of Jerome Powell. The Federal Reserve chairman has presided over three interest rate increases this year, and …

  Caxito, Angola | AFP |  Boxes of still-green bananas were shifted one-by-one from a towering stack of crates into a refrigerated shipping container. Stamped “From Angola, with love”, the fruit is shipped to consumers 6,000 kilometres (3,700 miles) away and are part of Luanda’s drive to diversify its economy …

  Harare, Zimbabwe | AFP | Zimbabwe’s new finance minister Mthuli Ncube announced a five-percent cut to senior government officials’ salaries on Thursday in a bid to mend the shattered economy. Ncube’s budget also set out plans for the biometric registration of civil servants to weed out “ghost” workers who …

Former Angolan president rejects he left state coffers ’empty’ Luanda, Angola | AFP |  Former Angolan president Jose Eduardo dos Santos on Wednesday refuted allegations by his successor Joao Lourenco that he left the country’s finances “empty”. The row comes just over a year after Dos Santos stepped down in …

Luanda, Angola | AFP | “Things are going badly,” said Delta, sitting on a stool and glancing at a bag stuffed with Chinese mobile phones. As one of scores of traders trying to legally sell her wares in one of Luanda’s most famous markets, known as “The Congolese”, the 32-year-old …