Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Wed, Dec 08, 2021 07:15 AM All times are UTC Edition :

Follow Series

©Elmin Media . All Rights Reserved.

Danny Bradlow

SARCHI Professor of International Development Law and African Economic Relations, University of Pretoria

My areas of expertise are the law and policy aspects of global economic governance, international development law, international economic and financial law.

How Africa can seize the moment and start resetting its relationship with the IMF

Aug 22, 2021 01:08 am UTC| Insights & Views

The International Monetary Fund (IMF) will inject $650 billion in Special Drawing Rights into the global economy. It will allocate them among its member states, which can then decide for themselves how they want to use...

Emerging Market Crisis Series

The IMF's $4bn loan for South Africa: the pros, cons and potential pitfalls

Aug 01, 2020 16:28 pm UTC| Economy

The International Monetary Fund (IMF) has approved a R70 billion (US$4.3 billion) loan for South Africa to help the country manage the immediate consequences of the fallout from COVID-19. The Conversation Africas editor,...

The big asks Africa needs to table with the IMF and World Bank: here's the list

Apr 09, 2020 04:36 am UTC| Economy

The coronavirus and its economic consequences have caused economic tsunamis in every country in the world. The scale of the onslaught will dominate discussions at the International Monetary Fund (IMF)/World Bank spring...

Governments should always assess the impact of economic reforms on citizens

Mar 12, 2020 17:36 pm UTC| Politics Economy

The purpose of national economic reform is to change the structure and overall direction of an economy. Reforms therefore can affect the amount of resources available to a country. They can also affect human...

Emerging Market Crisis Series

How to judge the success of the BRICS summit? Three questions will do the trick

Jul 09, 2018 14:20 pm UTC| Insights & Views

The 10th BRICS summit to be hosted by South Africa is going to be closely watched. It comes at a time when extraordinary global political and economic challenges are facing the world. The BRICS bloc is made up of 5 of...

Economy

GSK, Medicago close to releasing the world’s first plant-based COVID-19 vaccine

GSK and Medicago are now closer to debuting the worlds first plant-based COVID-19 vaccine after the completion of phase 3 clinical trial for the efficacy and safety of the immunization that they are developing. This...

McDonald's debuts Mariah Carey holiday merchandise line ahead of Mariah holiday menu launch

McDonalds keeps the surprises coming for the holidays, and this time, it unwrapped a new line of merchandise featuring Mariah Carey. The items are just one of the offerings to spread holiday cheer before the fast-food...

KFC testing new mambo dipping sauce in three US cities

KFC is currently testing a new dipping sauce called the Sweet Hot Capital City Mambo Sauce. The popular chicken restaurant has released the sauce in three cities in the United States for trial. Starting this week,...

Domino's, Papa John's lead way in boosting US pizza sales

US pizza sales were up 6 percent in 2020, to $27.5 billion, but much of that growth was concentrated among Dominos and Papa Johns, according to data from Technomic. Dominos is the best-selling pizza brand in the US with...

Marriott hopes to lure younger and wealthier travelers by launching NFT collection

Marriott International has partnered with three digital artists, TXREK, JVY, and Erick Nicolay, to launch a non-fungible token (NFT) collection in an effort to lure more young and wealthy travelers. The NFT collection...

Politics

Nancy Pelosi says House will vote on bill to punish China for alleged treatment of Uyghur Muslims

China has come under fire for its alleged human rights abuses in the form of its treatment of its Uyghur Muslim community. US House Speaker Nancy Pelosi said that the House would come to a vote on a piece of legislation...

Devin Nunes to retire from Congress to join Donald Trump's media company

The 2022 midterm elections are becoming one of the most important races for both political parties, especially as several seats are opening up in both the House and the Senate due to retirements. The latest member of...

Capitol insurrection: John Eastman says he does not want to comply with subpoenas

One of the key individuals that had a hand in twice-impeached former President Donald Trumps efforts to stay in power even after losing the election was John Eastman. The lawyer who drafted the infamous memo detailing how...

Capitol insurrection: Former chief of staff of Mike Pence cooperating with House Committee

The House Committee investigating the Capitol insurrection has so far grilled dozens of key witnesses, including former Trump officials. The panel appears to be picking up more steam as the former chief of staff to former...

Donald Trump admits committing obstruction of justice in interview

More details of the possible crimes committed by twice-impeached former President Donald Trump are surfacing in recent months. In his latest interview on Fox News, the former president admitted to committing obstruction of...

Science

Suntory develops 100% plant-based PET bottle

The Suntory Group has created a prototype polyethylene terephthalate (PET) bottle made from 100 percent plant-based materials as a crucial step toward eliminating all petroleum-based virgin plastic from its bottles and...

New study shows drinking coffee, tea may reduce risk of dementia, stroke

Coffee and tea drinkers had lower risks of dementia and stroke, according to a study published in Plos Medicine in November 2021. This study involved 365,682 participants aged 50 to 74 years from the UK...

Doosan Robotics launches collaborative robot cafe

Doosan Robotics Co. has produced an unmanned modular robot cafe, which refers to a robot that can work with a human. The unmanned modular robot cafe is 1.8 meters wide, 1.59 meters long, and 1.85 meters high. Doosan...

Nissan to roll out unmanned vehicle for traversing the moon's surface

Nissan Motor Co. rolled out on Dec.2 an unmanned rover prototype to operate on the moon using its electric cars all-wheel-control technology to let it operate under harsh conditions. The Japan Aerospace Exploration...

S. Korean researchers find use for apple peel and crab apple as natural pigment

South Koreas Apple Use Research Institute has developed a reddish natural pigment extraction and recycling method using wasted apple peel and crab apples. Apple peel contains the reddish natural pigments called...

Technology

Ubisoft launches NFT platform this week with free ‘Ghost Recon Breakpoint’ NFTs

Ubisoft has been one of the video game giants to confirm its commitment to exploring NFT integration to its popular IPs. That is becoming a reality this week as the company launches its blockchain-supported platform called...

Leak: Samsung Galaxy Tab S8 Ultra has a notch and two front-facing cameras

The display notch may have been removed from many smartphones over the last two years, but it is certainly making a comeback in other devices. And it appears that an all-new Galaxy Tab S8 model is yet another product where...

WhatsApp adds default disappearing message timer for all new chats

Before Facebook became Meta, the social media empire faced widespread backlash over policy changes earlier this year that raised concerns on how it handles user data and online privacy on WhatsApp. But Meta appears to be...

Pixel Buds A-Series firmware update to increase bass range and improve device switching

Firmware updates for wireless earbuds are usually uneventful, but that is not the case with the upcoming firmware version 282 for Pixel Buds A-Series. It is confirmed to deliver important new features for better audio...

‘The Matrix Awakens’ goes live at The Game Awards on December 9

Epic Games confirmed the release of an upcoming demo of its Unreal Engine 5 called The Matrix Awakens. However, video game fans who have been waiting for a new game should manage their expectations because the demo does...