Category Archives: Market
UN Raises $1.7 Billion for Mali, Niger, Burkina Faso
NEW YORK – The United Nations said Tuesday it has received preliminary pledges of about $1.7 billion for the central Sahel countries of Burkina Faso, Mali and Niger at a donors’ conference in Copenhagen.
“This represents substantial success,” U.N. Humanitarian …
UN FAO Pledges $70 Million to Help Sudan Families
KHARTOUM, SUDAN – The United Nations Food and Agriculture Organization (FAO) has pledged $70 million to support 600,000 Sudanese families affected by severe flooding caused by record heavy rainfall this year.
The FAO’s director of emergency response, Dominique Burgeon, told …
Economists Urge New Economic System for South Sudan
JUBA/GENEVA — While some South Sudanese experts recommend the government adopt a new economic system used by developing states to cut off black market currency exchange and stabilize skyrocketing prices, a new U.N. panel report says the real problem in
Sudan Businesses Feel Pinch as Currency Devalues, Inflation Soars
KHARTOUM – Sudan this month declared an economic emergency after the Sudanese pound lost 40 percent of its value in one month and annual inflation jumped to 167 percent. Sudan’s transitional authorities have struggled to stabilize the currency, the weakness …
Japanese Ship Operator to Put $9.4M Toward Mauritius Oil Spill Recovery
The operator of a Japanese-owned bulk carrier that crashed into a reef in late July, causing a widespread oil spill in Mauritius, will pay at least $9.4 million over several years to fund environmental projects and support local fishing communities.…
Japanese Ship Operator to Put $9.4M Toward Mauritius Oil Spill Recovery
The operator of a Japanese-owned bulk carrier that crashed into a reef in late July, causing a widespread oil spill in Mauritius, will pay at least $9.4 million over several years to fund environmental projects and support local fishing communities.…
