AFP
20199 articles published since 08 Mar 2022
- All (20199)
- Economy (8420)
- Business and Economy (5267)
- World (4601)
- Africa (974)
- Technology (924)
- US (8)
- Asia (4)
- Nigeria (1)
Author's articles
AIIB serves China's Communist Party: Canadian former executive
China's ruling Communist Party dominates the Asian Infrastructure Investment Bank and uses it to further its interests, a former executive has alleged in claims that prompted Canada to suspend participation in the institution. Speaking from Tokyo, he said the bank "serves China's interest" and the Chinese Communist Party (CCP) wields "undue" influence over every aspect of its operations.
ECB tipped to hike rates again, as Fed hits pause
The European Central Bank is expected to again hike interest rates on Thursday and signal that the fight against inflation is not over yet, analysts said, even as the eurozone falls into recession. Like all central banks, the ECB has to walk a fine line in raising interest rates sufficiently to dampen demand and contain inflation, without provoking a sharp economic slowdown in the process.
Key issues straining China-Canada relations
Canada has said it is freezing its participation in the Asian Infrastructure Investment Bank, after a former executive alleged that Beijing wields "undue" influence over the multilateral organisation. - AIIB spat - Allegations of Chinese meddling have now led Ottawa to say it will "immediately halt all government-led activity" at the Beijing-based Asian Infrastructure Investment Bank (AIIB).
Asian markets rise as Fed holds rates, China cuts
Asian markets rose Thursday after the Federal Reserve decided against hiking interest rates and China's central bank cut borrowing costs as officials look to kickstart the struggling economy. Traders are now looking ahead to a policy decision by the European Central Bank later Thursday, with another hike expected.
China central bank cuts key interest rate to boost economy
China's central bank cut a key interest rate and injected $33 billion into financial markets Thursday, as data showed the world's second-largest economy was flagging. China's six largest state-owned commercial banks cut interest rates for savers on Thursday to boost spending, according to announcements on their websites, after being asked by the central bank.
'No job for humans': the harrowing work of content moderators in Kenya
Trevin Brownie's first day as a content moderator for Facebook is etched in his memory, working out of a subcontractor's nondescript office in the Kenyan capital Nairobi. He worked in Nairobi for Sama, a Californian company subcontracted by Meta to moderate Facebook content for sub-Saharan Africa between 2019 and 2023.
Lithium boom comes to Brazil's 'misery valley'
In a cloud of gray dust, a heavy-duty excavator loads a truck with stone blocks containing lithium, the "white gold" of the clean-energy revolution, which some hope will transform this parched, impoverished region of Brazil. "We obviously believe the clean-energy transition needs to happen, but it should be fair and inclusive for local communities."
US music publishers hit Twitter with copyright suit
Major music publishers on Wednesday filed a federal lawsuit accusing Twitter of failing to stop "rampant" copyright infringement on the platform. "Twitter refuses to stop the rampant infringement of copyrighted music... because it knows that the Twitter platform is more popular and profitable if Twitter allows such infringement," the lawsuit argued.
US media split on Trump reflects divided nation
US media split on Trump reflects divided nation
AFP
Load more