Commentary / World Jul 13, 2019

In praise of demographic decline

by Adair Turner

Our expanding ability to automate human work across all sectors makes an ever-growing workforce increasingly irrelevant to improvements in human welfare. That's good news for most of the world, but not for Africa.

Malta let in 44 migrants from Alan Kurdi rescue ship

World / Social Issues Jul 10, 2019

Malta let in 44 migrants from Alan Kurdi rescue ship

Forty-four migrants, including women and children, plucked from their stricken vessel in the Mediterranean arrived in Malta Tuesday after charity boat Alan Kurdi handed the shipwreck victims over to the Maltese coast guard on the high-seas. Malta agreed to take in those rescued by the ...

Africa gathering looks to 'historic' free-trade deal

Business Jul 5, 2019

Africa gathering looks to 'historic' free-trade deal

Ministers from across Africa began work Thursday ahead of a weekend summit to formally launch a free-trade agreement hailed by the continent's 55-nation bloc as "historic." Opening the meeting in the Niger capital Niamey, AU Commission chief Moussa Faki Mahamat lauded the newly minted African ...

Cocoa prices soar as Cote d'Ivoire and Ghana threaten supply cut

Business Jun 13, 2019

Cocoa prices soar as Cote d'Ivoire and Ghana threaten supply cut

Cocoa prices rose sharply on Wednesday after key producers Cote d'Ivoire and Ghana threatened to stop selling their production to buyers unwilling to meet a minimum price. The threat pushed the September forward contract for the commodity, listed in New York, to $2,540 a ton, ...

Two million Somalis could die of starvation amid drought, U.N. warns

World Jun 6, 2019

Two million Somalis could die of starvation amid drought, U.N. warns

A United Nations emergency relief coordinator says more than 2 million men, women and children could die of starvation in Somalia by summer's end if international aid is not sent quickly to the drought-stricken African country. U.N. Undersecretary-General Mark Lowcock says about $700 million is ...