Biden signs into law Congress bill that bans TikTok use in America as its Chinese owners vow to go to court
TikTok also has come under fire for its negative influence on children and teenagers, including data collection and other privacy issues. However, the bill’s language appears to leave room for the US government to do more than just target TikTok and its parent company or address concerns over what content children are exposed to or about their privacy.
Kenya’s better diversified sources of dollar revenues to rein inflation as Nigeria, Ghana’s spikes
Inflation in Nigeria is expected to quicken to 29.1 per cent this year from an average of 24.5 per cent last year, before it slows to 17.2 per cent next year. It hit a 28-year high of 33.2 per cent in annual terms last month. Nigeria central bank governor Olayemi Cardoso raised the monetary policy rate by 200 basis points to 24.75 per cent last month after a 400 basis point hike in February.
Curse or blessing? Fears that dog English clubs when making decsion to build new stadiums as did Arsenal and Spurs
The geography of the Tottenham Hotspur stadium is one of its many aspects. Much is made of the contrast between a £1 billion stadium and the old council estates it brushes up alongside and Spurs’ former home, White Hart Lane, built 120 years ago, felt more of a fit in that respect. But Martin Cloake of the Tottenham Hotspur Supporters’ Trust is delighted the new stadium is where it is.
FTC report lays bare how corporate greed puts huge bite on working families who spend most of their income on food
Time and again, big companies tell us that if they could only get bigger, they would pass savings on to consumers. This is almost never true. Instead, they give money back to their investors and reward executives – like Walmart’s Doug McMillon, who takes home over $25 million a year, and Kroger’s Rodney McMullen, who makes more than $19 million. That’s 671 times more than the amount an average Kroger worker makes.
Malaria remains leading killer in Kenya, but prospect of local vaccine production offers hope for patients
Kenya had an estimated five million malaria cases and over 12,000 deaths reported in 2022, according to the World Health Organization. Most of those affected are children under 5 and pregnant women. Kenya continues to combat malaria with traditional methods such as distributing bed nets that are treated with insecticides, spraying breeding areas and promoting prompt diagnosis and treatment, but experts say progress against the disease with those approaches has plateaued.
Video sharing app TikTok is on the verge of being banned in US after Congress passed bill to outlaw it
TikTok users and content creators, however, needed a place to go – and the ban provided a multi-billion dollar opportunity to snatch up a big market. Within months, Google rolled out YouTube Shorts and Instagram pushed out its Reels feature. Both mimicked the short-form video creation that TikTok had excelled at.
World Bank suspends $150m funding for Tanzania tourism project citing extrajudicial killings, sexual abuse in parks
At least $100 million has already been disbursed for the project, which started in 2017. The suspension of World Bank financing took effect April 18. The Oakland Institute, a California-based rights watchdog whose work focuses on marginalized communities, for years led calls for the World Bank to stop funding the project known by the acronym REGROW, documenting serious rights abuses suffered by Indigenous communities in the area.
Why WHO report predicts 77 per cent rise in cancers by 2050: ‘Covid vaccines damage immune system’
The cancer occurred in a 66-year-old man, mere days after he got his third Pfizer shot. Ironically, he got the shot to protect him during chemotherapy, and in eight days, the cancer just exploded and spread like wildfire. According to Makis, that kind of progression would normally take a couple of years or at least a few months.
IMF says while Sub-Saharan Africa debt levels to fall, new funding has become scarce
After painful defaults for Zambia, Ghana and Ethiopia since 2020, a rise in external debt servicing and a fall in funds from overseas has led to the lowest net foreign flows into Sub-Saharan Africa since the global financial crisis of 2008-9, the IMF said.
Israel retaliatory strikes on Iran rattle stocks but US Treasuries report recovery after attacks
Oil prices jumped $3 a barrel on concern that Middle East oil supply could be disrupted, but later pared some of the gains after Iran said it has no plans for an immediate retaliation, denying that any attack had taken place.
