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Business

OPEC revises 2021 global economic growth forecast – scribe

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The Organization of Petroleum Exporting Countries (OPEC) has revised down its 2021 global economic growth projections to 4.4 from 4.5 per cent forecast in October...
Business

Nigerian firm to train 300 youths on meter installation

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Indigenous electricity meter manufacturing company, MOMAS, has offered free training on prepaid meter installation for 300 unemployed youths to complement Federal Government’s mass metering programme....
African News

Pandemic impact on Tunisia tourism ‘catastrophic’

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Tunisia’s tourism sector has collapsed, officials warned on Saturday, with earnings plunging 60% and swathes of hotels at risk of closing permanently. LIVE | All...
News

U.S. Risks Repeating 2009 Mistakes as Economic Recovery Slows

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Trillions of dollars in federal aid to households and businesses has allowed the U.S. economy to emerge from the first six months of the coronavirus...
News

Pandemic Puts N.Y.C. Hotels on the Brink: ‘A Complete Washout’

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Many of New York City’s biggest hotels closed their doors in March when the coronavirus wiped out tourism and business travel. The shutdowns were supposed...
African News

HRW: Foreigners ‘live in constant fear’ in South Africa

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Foreign nationals in South Africa suffer “routine” harassment, violence and discrimination by locals and government authorities, Human Rights Watch (HRW) said on Thursday. The group...
News

A Cataclysm of Hunger, Disease and Illiteracy

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We think of Covid-19 as killing primarily the elderly around the world, but in poor countries it is more cataclysmic than that. It is killing...
News

Why Unemployment Claims May Be Overcounted by Millions

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Economic statistics were never designed to measure the sudden shutdown and restart of large segments of the U.S. economy. Still, if there is one question...