Following a meeting of the African Union in Rwanda where 44 countries gathered to sign the African Continental Free Trade Area treaty, South African President Cyril Ramaphosa made a bold suggestion: a single currency for Africa.
In a report published by the European Central Bank, it announced its inspectors had found "shortcomings and miscalculations" worth more than €10 billion when going through euro zone banks’ loan books last year.
Even 10 years since it began, the country's job market is still feeling its impact... while some states have recovered well from the recession, others are still struggling today and seven of them had fewer jobs in 2017 than 2007...
China has “no interest in becoming a member of the [Western] club. They want the economic benefits from the Western liberal order but reject its political values and fear its security alliances. Now they are in a strong enough position attempting to build their own clubhouse.”
"While Zuckerberg conceded that the investigation may take months or more to complete... options are available to those who refuse to simply wait around while Facebook gets its collective act together."
Bain believes the collision of demographics, automation, and inequality has only just begun - and it will get much worse for the American worker. She dubbed the inflection point the “Wile E. Coyote” moment
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists."
The Polish secret services have detained a government official on allegations he had been spying for Russia, informing Moscow about Poland’s plans on how to put the brakes on the Nord Stream 2 gas project.
"This new round of 'bullying' of Russia by the US and its European allies is quite abrupt and acute. London ignored usual diplomatic procedures to issue an ultimatum to Moscow and began sanctions. It feels like racing against time..."
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