Raghuram G. Rajan CHICAGO – Advanced economies have already spent enormous amounts providing pandemic relief to households and small- and medium-size businesses. The International Monetary Fund’s June outlook estimates that, including fiscal measures and credit guarantees, spending reached approximately 20 percentage points of GDP. In the United States, Congress is considering new spending ranging from 5% of […]
Author: Godfrey Ivudria
Kenya Airways Resumes International Passenger Flights With A Colourful Event
Kenya Airways resumes international flights to 30 destinations across Africa, Europe, and the Middle East Nairobi, 30 July 2020 – Kenya Airways (KQ) today resumed international passenger services following the easing of movement restrictions as directed by H.E President Uhuru Kenyatta. The first international flights depart today 1st August to the following international destinations; London, […]
Tech Titans at Bay?
Diane Coyle CAMBRIDGE – Big Tech is back in the spotlight – and not in a good way. On July 29, the chief executives of Amazon, Apple, Google, and Facebook spent more than five hours fielding tough questions about their overwhelming market power from a bipartisan antitrust panel in the US House of Representatives. Is […]
Nature by the Numbers
Robert Watson NORWICH – When Cyclone Amphan came barreling up the Bay of Bengal this past May, South Asia’s first named storm of the year appeared to pose a massive threat to the people who live on the coastal floodplains and to the animals and plants – including many endangered species – that rely on […]
Kenya Airways Resumes International Passenger Flights To 30 Destinations
Kenya Airways resumes international flights to 30 destinations across Africa, Europe, and the Middle East Nairobi, 30 July 2020 – Kenya Airways (KQ) will be resuming its international passenger services on Saturday 1 August 2020 following the easing of movement restrictions as directed by H.E President Uhuru Kenyatta. The first international flights on 1st August […]
Somaliland recognition quest boosted by Ethiopia and Egypts scramble for Hargeisa
The scramble for Somaliland has gone a notch higher with Ethiopia set to send a full ambassador to Hargeisa. This comes after reports emerged that Egypt had heightened its plans to build a military base in the Somaliland. The scramble seems to have heightened the already strained relations between Ethiopia and Egypt occasioned by the […]
Covid -19 Cases More Than Double in Africa
As confirmed COVID cases more than double in July across African countries, a lack of testing in crisis-affected contexts keeps responders in the dark about the real spread of the disease, warns IRC Each country in Africa where the IRC works has done less than 8,000 tests per million people, compared to the UK (205,782 […]
Revisiting the White Swans of 2020
Nouriel Roubini NEW YORK – In February, I warned that any number of foreseeable crises – “white swans” – could trigger a massive global disturbance this year. I noted that: “… the US and Iran have already had a military confrontation that will likely soon escalate; China is in the grip of a viral outbreak that could […]
Keeping Poverty Reduction Front and Center
Juan Manuel Santos and Sabina Alkire OXFORD – Today’s pandemic-induced humanitarian and economic crisis represents an unprecedented opportunity to go beyond emergency responses and address our economies’ structural flaws. Many governments’ stimulus and recovery packages are already shaping the future. But leaders across all sectors of society should recognize this moment as a rare chance […]
Pandemic Policy Must be Climate Policy
Renzo Guinto CALAMBA – While the world focuses on the COVID-19 crisis, climate change continues to advance. The consequences are devastating and becoming more so – and that includes for the pandemic response itself. There is no doubt that natural disasters are increasing in frequency and intensity as a result of climate change. This year […]
Tough times for Africa’s Coffee Farmers – Billions to be Lost to Exploitation
Millions of Africa’s coffee farmers have slipped into abject poverty caused by poor prices which are currently barely enough to cover production costs while the rest of the coffee supply chain players enjoy rising profits. The African farmer produces some fine quality coffee, but receives the lowest prices of all growers, globally. African coffee farmers […]
JACK MA FOUNDATION’S AFRICA NETPRENEUR PRIZE INITIATIVE (ANPI) SELECTS TOP 50 FINALISTS OF 2020 “AFRICA’S BUSINESS HEROES” COMPETITION
Top 50 finalists were selected from over 22,000 applications across all 54 African nations The finalists represent 21 African countries, half are female, and work in 18 sectors like agriculture, AI, e-commerce, fashion, healthcare, renewable energy and ICT Finalists will advance to the next round of selection and will participate in an exclusive virtual boot […]
Mask Wars
Hugo Drochon NOTTINGHAM – For the last month, the United States has been regularly breaking its daily record for newly confirmed COVID-19 cases, registering more than four million cases overall and closing in on 150,000 deaths. Although other developed countries in Europe and Asia seem to be containing the spread, the US has gone in […]