Ghana's electricity crisis is holding the country back - how it got here

Jan 11, 2024 03:32 am UTC| Economy

For well over a decade Ghana was exalted as one of the most promising and fastest growing economies on the continent. But recent reports of the countrys steep economic dip, high inflation and rolling blackouts,...

2023's billion-dollar disasters list shattered the US record with 28 weather and climate disasters amid Earth's hottest year on record

Jan 11, 2024 03:31 am UTC| Economy Nature

National weather analysts released their 2023 billion-dollar disasters list on Jan. 9, just as 2024 was getting off to a ferocious start. A blizzard was sweeping across across the Plains and Midwest, and the South and East...

Biden's not yet getting a poll bump for the improving economy – history tells us why

Jan 11, 2024 03:30 am UTC| Economy Politics

When Americans are confident about their economy, they tend to support the incumbent president. When they are not confident, they tend to withdraw that support. The chart below shows that relationship between consumer...

Workers in Argentina face the biggest blow to their employment rights since the military dictatorship of the 1970s

Jan 11, 2024 03:28 am UTC| Economy Politics

When he was elected as president of Argentina in November 2023, Javier Milei was seen by many voters as a political outsider. An economist by profession, he promised a reset for the country which would end inflation and...

Global Geopolitics Series

China: Xi's new year's address wasn't a threat against Taiwan – it was a strategic move for legitimacy

Jan 10, 2024 08:54 am UTC| Economy

In his new year address, Chinese president Xi Jinping claimed that Taiwan would surely be reunified with China. Against the backdrop of increased Chinese military posturing in the Taiwan Strait, some western journalists...

Attacks on cargo ships in the Red Sea threaten Australia's trade – we need a Plan B

Jan 09, 2024 23:06 pm UTC| Economy

Australia is 11,000 kilometres from the Red Sea but it is not immune from the drone and missile attacks on container ships attempting to move through one of the worlds busiest thoroughfares. Since November, Iran-backed...

South Africa's new plan to end power cuts is seriously flawed. Here's why

Jan 09, 2024 23:03 pm UTC| Economy

South Africa experienced unprecedented electricity shortages in 2023 as ageing coal plants became increasingly prone to breakdowns. The country urgently needs to develop new electricity generation facilities and reduce...