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US hiring beats expectations with solid showing in February
US hiring beats expectations with solid showing in February
Economy
by  AFP

Hiring in the United States was robust in February although unemployment crept up, government data showed Friday, a potentially encouraging sign for policymakers hoping to cool the economy without tipping it into a downturn. In another encouraging sign that the economy is cooling, wage growth edged down, from 0.5 percent in January to 0.1 percent in February on a monthly basis.

El Nino raises food security risk in southern Africa: FAO
El Nino raises food security risk in southern Africa: FAO
Economy
by  AFP

The El Nino weather phenomenon, coupled with widespread drought, is posing an increasing risk to food security in southern Africa, a UN agency warned Friday. El Nino is a natural weather phenomenon, corresponding to a warming of a large part of the tropical Pacific.