South Africa’s unemployment crisis surpasses even Great Depression levels. With 12 million seeking work and a 43.7% rate, the situation demands urgent attention.
South Africa’s unemployment crisis surpasses even Great Depression levels. With 12 million seeking work and a 43.7% rate, the situation demands urgent attention.
New home sales in the United States decelerated in October, according to government data released Monday, although the market for new properties remains boosted by a lack of inventory for existing ones. The resulting lack of supply for existing homes has nudged more buyers into the market for new houses instead, even as they grapple with affordability.
UAE sought to use COP28 to advance oil deals: report
Brussels on Monday gave the final green light for an EU-New Zealand trade deal that, while mutually lowering barriers for both markets, highlights the recent failure of EU-Australia negotiations. The passage of the New Zealand trade deal stood in contrast with the collapse last month of a much-bigger accord the EU had been negotiating for six years with Australia.
Over 400,000 people in Crimea were left without power on Monday, after hurricane force winds and heavy rains battered the Russian-annexed peninsula over the weekend. More than two thousand towns and villages on the Ukrainian mainland were also left without power due to bad weather on Monday, Kyiv's government said.
Prime Minister Rishi Sunak on Monday announced £29.5 billion ($37.2 billion) of private funding for new UK projects as more than 200 CEOs descended on London for the 2023 Global Investment Summit. Investments announced on Monday included £10 billion over the next four years from Australian fund IFM Investors "for large-scale infrastructure and energy transition projects".
Greek organic farmer Zaharoula Vassilaki looks with admiration at a huge olive tree on her property believed to be over two centuries old, still yielding despite a direct lightning hit years ago. It takes about one to two months of good cold weather for the tree to rest... so that it can yield later," Vassilaki said.
Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide a guide for the Federal Reserve's plans for interest rates going into the new year.
Argentina's president-elect Javier Milei was traveling Sunday to the United States to meet with US and international lending officials, diplomatic sources told AFP. The far-right economist will arrive in New York on a private visit Monday before traveling that day to Washington, where he will meet with US diplomat Juan Gonzalez, the sources told AFP, on condition of anonymity.
The "Hunger Games" prequel stayed atop the North American box office over the long US Thanksgiving weekend, fending off an invasion by new Ridley Scott film "Napoleon," industry watcher Exhibitor Relations reported Sunday.
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