South Africa has one of the highest unemployment rates in the world. This was true even before unemployment increased as a result of the global financial crisis in 2008. And before COVID-19. The country’s youth…
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A cross-border central bank digital currency (CBDC) platform has the potential to shorten the time of cross-border wholesale payment transfers by 80% and halve costs, a report said. The “multi-CBDC bridge” project, or simply “mBridge”,…
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© Reuters. A fuel tanker is parked during a fuel delivery to a BP filling station in Hersham, Britain, September 30, 2021. REUTERS/Peter Nicholls LONDON (Reuters) – Britain will deploy almost 200 military tanker personnel,…
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In Cameroon there is growing awareness that there’s a direct relationship between illegal and unregulated activity in the fisheries sector, and maritime security in the waters off the country’s coast. Like most countries along Africa’s…
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A tornado has swept through central western New South Wales, with the Bureau of Meteorology reporting damage to houses, powerlines and trees around the Clear Creek area, north-east of Bathurst. But while many think of…
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© Reuters. FILE PHOTO: Pigs stand in a field near RAF Lossiemouth, Scotland, April 13, 2018. REUTERS/Russell Cheyne/File Photo LONDON (Reuters) – Britain’s National Pig Association urged the country’s retailers to continue buying local pork…
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The Wall Street Journal recently revealed that Facebook treats users’ posts differently depending on their wealth, privilege and status. That and other findings based on internal Facebook documents may be troubling enough, but the social…
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Social media platforms are transforming how online advertising works and, in turn, raising concerns about new forms of discrimination and predatory marketing. Today the ARC Centre of Excellence for Automated Decision Making and Society (ADM+S)…
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Hong Kong: central bank warns of “new and emerging risks” in the city’s AML/CFT regime The Hong Kong Monetary Authority (HKMA) is encouraging banks and financial services firms to use innovative technology for anti-money laundering…
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Press enquiries: +41 61 280 8477[email protected] Ref: 20/2021 The FSB today published its new Financial Stability Surveillance Framework. The framework supports the comprehensive, methodical and disciplined review of vulnerabilities by the FSB, and thereby…
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