What does the future hold for Venezuelan migrants?
Bogota, ColombiaThomson Reuters Foundation Venezuelans fleeing economic and political turmoil now face tough new border regulations in the US as Joe Biden’s administration tries to clamp down on a wave of migration. Millions have left the South American nation over the last decade for countries including neighbouring Colombia, Brazil and the United States. Wearing life […]
Essay: Fighting inflation with one hand tied behind your back
US commentator THOMAS REESE, in an article first published on Religion News Service, said US Congress must act decisively to rationalise the budgetary process…
Zambians struggle with cost of living as debt rework drags on
Lusaka, Zambia Reuters The Comesa market in Zambia’s capital Lusaka appears to be bustling, but traders say business is suffering as a weak local currency pushes up prices, adding to the hardships of a population already struggling with soaring living costs. “The dollar is killing us,” said Ben Mwandila, who sold 15 imported blankets a […]
“Zero capacity to save”: Argentines buckle as inflation tops 104 per cent
Buenos Aires, Argentina Reuters Argentina’s annual inflation rate soared to 104.3 per cent in March, the official statistics agency said on Friday, one of the highest rates in the world, straining people’s wallets and stoking a cost-of-living crisis that has pushed up poverty. The inflation reading for the month came in at 7.7 per cent, […]
Argentina inflation tops 100 per cent for first time since 1991
San Fernando, Argentina Reuters Argentina’s annual inflation rate tore past 100 per cent in February, the country’s statistics agency said on Tuesday, the first time it has hit triple figures since a period of hyperinflation in 1991, over three decades ago. Inflation over 12 months clocked in at 102.5 per cent in the second month […]
Egypt to sell discounted bread to fight inflation
Cairo, Egypt Reuters Egypt’s government will start selling discounted bread to people not enrolled in its bread subsidy program as it battles accelerating inflation, the supply minister said on Monday. People will be able to buy 90g gram loaves at cost price using pre-paid cards, Ali Moselhy said, adding the price was yet to be […]
King Charles III salutes late Queen, public workers in speech
London, UKAP King Charles III evoked memories Sunday of his late mother, Queen Elizabeth II, as he broadcast his first Christmas message as monarch in a speech that also paid tribute to the “selfless dedication” of Britain’s public service workers, many of whom are in a fight with the government over pay. Charles, 74, also […]
Thousands of UK ambulance staff strike as public urged to avoid risks
London, UKReuters Thousands of ambulance workers in England and Wales walked out over pay on Wednesday, increasing the strain on a state-funded health service a day after nurses went on strike, as government ministers advised the public to avoid taking risks. The government said the “deeply regrettable” strike would result in fewer ambulances on the […]
Housing hardships: Nigeria’s slum lords evict the poorest as rents soar
As PHILIP OBAJI, of Thomson Reuters Foundation, reports, rent inflation is causing pain in a nation where most people spend over half their income on housing, especially in Abuja…
From farm to fork…via app: How tech is tackling food waste
CAREY L BIRON, of Thomson Reuters Foundation, reports that as inflation and food prices soar, millions in the United States save on grocery bills with apps like Flashfood and Too Good To Go…