There is no holiday cheer for striking doctors in Zimbabwe this Christmas. The country’s health minister announced on Christmas eve that none of the strikers will receive their December salaries. Doctors say the strong-arming will not make them call off …
Month: December 2018
Shares on Japan’s key stock exchange plummeted Tuesday, highlighting investor fears about political turmoil in Washington and this month’s massive losses on Wall Street. The Nikkei 225 Index lost 1,000 points — five percent of its value –to close Tuesday …
Iran’s president submitted next year’s budget to parliament on Tuesday, the first since the United States restored sanctions that had been lifted under the nuclear deal. The $47.5 billion budget is less than half the size of last year’s, mainly …
Before Facebook, Vu Kim Chi thought something was lacking in her job, which is to promote the economy in and around Vietnam’s famed Ha Long Bay. Posting updates to her department’s website, or photocopying missives to send to constituents, she …
SpaceX continues making news in 2018. The company first broke its own record from 2017 when it passed 18 launches in year. On Sunday, from Cape Canaveral, Florida, SpaceX launched another record-setting rocket… this one for U.S. national security. Arash …
Stock markets in Japan and China saw sharp declines Tuesday, following selloffs Monday in U.S. markets. The Nikkei fell by about five percent, while the Shanghai Composite Index was down about two percent. In Monday’s trading, the S&P 500 finished …
A Russian cosmonaut who explored a mysterious hole in a capsule docked to the International Space Station says Russian law enforcement agencies are investigating what caused the opening. Sergei Prokopyev said Monday investigators were looking at samples he and crewmate …
The leading pan-European stock exchange has launched a 625 million euro takeover bid to acquire the Oslo Stock Exchange. Euronext, the operator of stock exchanges in Paris, Amsterdam, Brussels, Dublin and Lisbon, said in a statement that it had approached …
South Korea said Monday it will fine BMW $9.9 million and will file a criminal complaint against the German automaker for delaying a recall of cars with faulty engines that caught fire. South Korea’s transport ministry said its investigation uncovered …
South Africa has the world’s largest antiretroviral therapy program with over 4 million people receiving treatment. But the ARV drug therapy, regarded by many as a panacea for HIV, is complicated and comes with its a number of side effects, …
Batteries have been around for hundreds of years, but don’t go thinking this technology is old hat (old fashioned). Batteries are the future. A team of California Scientists with support from the National Science Foundation are on the cutting edge …
U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the “Plunge Protection Team.” U.S. stocks have fallen sharply in …
A White House official says tension between a president and the interest-rate setting Federal Reserve is “traditional as part of our system.” Acting chief of staff Mick Mulvaney says it should come as no surprise that President Donald Trump is unhappy …
China and the United States held a vice ministerial-level call on Friday, the second such contact in a week, achieving a “deep exchange of views” on trade imbalances and the protection of intellectual property, the Chinese Ministry of Commerce said. …
In 2018, sitting leaders relinquished power in South Africa and Ethiopia. Zimbabwe elected a new leader after 37 years of rule by former President Robert Mugabe. Peaceful power transitions were also seen in Liberia, Sierra Leone and Mali. But while …
Some 1.3 billion people live with some form of vision impairment, according to the World Health Organization. A team of innovators at an Israeli technology company has developed a small device to help them. As Laura Sepulveda reports from Jerusalem, …
Now in its 10th year, America’s economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has added another threat to a growing list of risks. The stock market’s persistent fall, growing chaos in …
Elon Musk’s SpaceX scrapped Saturday’s launch of a long-delayed navigation satellite for the U.S. military due to strong upper-level winds. The next launch attempt will be on Sunday at 8:51 a.m. EST/13:51 UTC, according to Space X officials. The launch …
U.S. President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell, Bloomberg reported Saturday. Citing four people familiar with the discussions, Bloomberg reported Trump has become more frustrated with Powell after months of stock market losses and the central …
After almost 10 years, Wall Street’s rally looks like it’s ending. Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All of the major indexes have lost 16 to 26 percent from …
One of the most common birth defects in the world is a cleft lip. It’s essentially a gap in the upper lip where the skin didn’t grow together. Babies with cleft lips may also have a cleft palates, where the …
Residents of a high-end neighborhood in Rio de Janeiro woke up to the unpleasant smell of 13 tons of rotting dead fish floating in the city’s Rodrigo de Freitas lagoon. Biologists believe the extreme heat caused by El Nino killed …
The Canadian economy expanded by a greater-than-expected 0.3 percent in October from September, pushed higher by strength in manufacturing, finance and insurance, Statistics Canada data indicated Friday. Analysts in a Reuters poll had predicted monthly GDP would increase by 0.2 …
Plans to build another privately-financed power station in Nigeria to help end decades of chronic blackouts have been delayed because of concerns about persistent shortfalls in payments for electricity across the sector. The $1.1 billion Qua Iboe Power Plant being …