Five years on, the economic impact of COVID-19 lingers
Reuters Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. COVID-19 and efforts to contain it triggered record government debt, hit labour markets and shifted consumer behaviour. Inequality has increased, while remote work, digital payments and changes in […]
Postcards: Homegrown veg, cheap substitutes – Japanese get creative to fight soaring food prices
MARIKO KATSUMURA and KAORI KANEKO, of Reuters, report from Tokyo on the impacts of rising food prices…
Thousands protest in Turkey to demand bigger hike in minimum wage
Ankara, Turkey Reuters Thousands of people protested in Turkey’s capital Ankara on Saturday to demand a bigger hike in the minimum wage, chanting slogans calling on the government to resign and waving the opposition and national flags. The government announced this week that the net monthly minimum wage in 2025 will be 22,104 Turkish lira […]
Iceland gets new government under Social Democrat Frostadottir
Copenhagen, Denmark Reuters Iceland’s President presented a new government on Saturday under Social Democratic Prime Minister Kristrun Frostadottir that aims to cut inflation and interest rates and hold a referendum on European Union membership by 2027, public broadcaster RUV said. Frostadottir’s centre-left Social Democratic Alliance became the biggest party in a snap election on 30th […]
Nigeria’s hunger crisis deepens with 33 million at risk, report says
Lagos, Nigeria Reuters Nigeria faces one of its worst hunger crises with more than 30 million people expected to be food insecure next year, a one third jump from this year due to economic hardship, a joint report by the government and United Nations said on Friday. Nigeria, Africa’s most populous nation, is grappling with […]
Food insecurity: In Argentina’s poverty-hit barrios an emergency takes hold
LUCILA SIGAL and JAVIER CORBALAN, of Reuters, report on the food emergency taking hold as poverty rises in poor communities…
Haiti conflict drives thousands toward famine
Port-au-Prince, Haiti Reuters A gang-fuelled social and political crisis in Haiti has swollen the ranks of those suffering severe hunger in recent months, with an estimated 5.4 million Haitians having run out of food and gone a day or more without eating. Of those, at least 6,000 residents of the Caribbean island nation now suffer […]
UN rights expert urges urgent action as Haiti crisis worsens
Port-au-Prince, Haiti Reuters The United Nations’ expert on human rights in Haiti said on Friday that the situation in the conflict-hit Caribbean nation had worsened and efforts to rebuild security must be amplified as a security mission deadline fast approaches. “The solutions are there, and they already exist. But efforts must be redoubled immediately,” UN […]
Postcards: Meat-loving Argentines eat less beef as inflation bites
CANDELARIA GRIMBERG, of Reuters, reports…
Argentina’s 300 per cent inflation and propped-up peso spawn Paraguay border ghost town
Nanawa, Paraguay Reuters Paraguayan shoppers used to flock in their droves to the border town of Nanawa to buy cheap imports from Argentina, where the weak peso currency for years kept relative prices low for fuel, medicine and groceries smuggled in across the frontier. Now Nanawa is a ghost town, with prices of the contraband […]