South Africa's Reserve Bank plans to eliminate the prime interest rate, transitioning to repo rate loans and adopting ZARONIA, improving transparency in lending.
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EU chief plunged into controversy over top job pick
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Eastern Cape has the highest unemployment rate in South Africa, netizens disappointed
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Private sector hiring in US cools more than expected: ADP
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Fly larvae: Costa Rica's sustainable protein for animal feed
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Thailand orders close watch on cheap 'elephant pant' imports
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'I need to fight': UK steelworkers in fear as less pollution means less jobs
In the dim light of a pub in the steel-producing Welsh town of Port Talbot, Jason Wyatt sips his beer, his voice laden with worry. Tata Steel claims to be losing one million pounds ($1.25 million) a day at Port Talbot.
Asian shares muted ahead of Fed comments
Asian stocks were largely muted on Wednesday after the release of lacklustre consumer confidence data, with comments from US Federal Reserve officials and fresh economic figures due later in the day. Later Wednesday, investors will be looking out for comments from three Fed officials, which could offer fresh insights into the US central bank's rate cut outlook.
G20 finance ministers meet on world economy hit by crises, conflicts
G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza.
Dior and Saint Laurent look back to 1960s
Two fashion heavyweights looked back to the 1960s at Paris Fashion Week on Tuesday, with Christian Dior paying homage to the revolutionary "Miss Dior" line and Saint Laurent building a collection around the transparent sheer outfits beloved of its founder. It harked back to the launch of the "Miss Dior" line in 1968, when a daring new vision of femininity emerged for newly liberated women.
Costa Rica coffee farmers innovate as rainfall plummets
Costa Rican coffee farmers were once blessed with abundant rains but as precipitation grows fickle they are being forced to innovate to keep producing one of the world's favorite brews. While the country is one of the world's smaller coffee producers, the bean has been one of Costa Rica's top exports since the 19th century.
Stars turn out for Dior's 60s homage
Stars including Jennifer Lawrence and Natalie Portman were on the front row Tuesday as Dior paid homage to its sixties pop-culture heyday at Paris Fashion Week. It's a story told in the current Apple TV series "The New Look", and the stars were present for Tuesday's show, including Ben Mendelsohn, who plays Christian Dior, and Maisie Williams, who plays Catherine.
Museum visitors to get first sight of King Charles banknotes
People in the UK can get their first glimpse on Wednesday of banknotes bearing King Charles III's image. The new notes are polymer -- which has been slowly replacing paper money in the UK since 2016 -- and feature Charles' image on the front as well as in the see-through security window.
'Urgent' for G7 to seize Russian profits for Ukraine: Yellen
US Treasury Secretary Janet Yellen said Tuesday it was urgent for G7 nations to jointly seize profits from frozen Russian assets and redirect them to Ukraine, as the group prepared to meet on the issue. G7 officials say the group is due to meet on the sidelines of the Sao Paulo gathering to discuss support for Ukraine, as its grueling fight against Russia enters its third year.
'Urgent' for G7 to jointly seize Russian profits for Ukraine: Yellen
US Treasury Secretary Janet Yellen said Tuesday it was urgent for G7 countries to jointly seize profits from frozen Russian assets and redirect them to Ukraine, as the group prepared to meet on the issue. G7 officials say the group is due to meet on the sidelines of the Sao Paulo gathering to discuss supporting Ukraine in its grueling fight against Russia.
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