United Airlines CEO Scott Kirby predicts that the aviation industry will raise ticket costs due to rising prices for petroleum products. From his perspective, it is a cause-and-effect situation, as "higher aviation fuel prices lead to higher ticket prices." And also
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Hidden Debts: Mozambique demands USD 2.2 billion in debt relief
The supervisory body for Mozambique's public finances is demanding debt relief of around US$2.2 billion, contracted with Credit Suisse. The amount is ten times what the bank is willing to pay. According to the Budget Monitoring Forum (FMO) there are enough factors for the...
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October 22, 2021October 22, 2021Latest, World, Technology & Innovation
Paypal wants to buy Pinterest for $45 billion
PayPal is offering $45 billion to acquire Pinterest. If the deal goes through it could bring financial technologies closer to social media in e-commerce. This could be the largest acquisition of a social media company, surpassing Microsoft Corp.'s acquisition of LinkedIn. This transaction was about...
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October 22, 2021October 22, 2021Latest, World, Technology & Innovation
Facebook wants to help businesses profit more during Christmas
Mark Zuckerberg's company Facebook has announced that it is working on an Appointment Book tool to reach out to small businesses and help them reach out to their customers more easily during the Christmas season. The Cupertino company yesterday began gradually making Appointment Book available to small businesses around the world. A...
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October 22, 2021October 22, 2021Latest, World, Business, Technology & Innovation
More Africans are investing in innovation businesses, says UNESCO
A recently published study by the UN Educational, Scientific, Technological and Cultural Organization (UNESCO) says that one in four African entrepreneurs have created innovative businesses. The research involved 10 African countries, including Mozambique in an analysis that covered more than 400 women from the continent. In Mozambique the study cites the story of entrepreneur, Jéssica Manhiça who is founder...
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October 22, 2021October 21, 2021Latest, National, Social Responsibility
Red Cross announces 20 M$ for humanitarian assistance in central and southern areas of the country
The International Red Cross and Red Crescent Society has nearly $20 million available for humanitarian assistance for floods and cyclones in central and southern Mozambique
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Pfizer announces efficacy of 95.6% in booster vaccine
A booster dose of the covid-19 vaccine developed by the Pfizer/BioNTech alliance is effective at 95.6% against symptomatic forms of the disease, according to a study conducted by the two laboratories
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"Pandemic will continue into 2022," warns WHO
The Covid-19 pandemic will continue into 2022, with the World Health Organization (WHO) admitting that the disease will "extend for one year longer than necessary" because poor countries are not getting the vaccines they need to immunize their populations
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Self-employment: CMCM trains 48 thousand young people
About 48 thousand young people were trained by the Municipal Council of Maputo City (CMCM) in matters of self-employment, since the beginning of the mandate until the current moment. Eneas Comiche, president of the CMCM said that the municipal council has sought to respond to the problem of youth employment by mobilizing partnerships...
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Leaking Documents! Countries lobby to change climate report
A series of documents reveals how some countries are acting to change some conclusions of the latest United Nations (UN) climate report in order to reduce carbon emissions. From Saudi Arabia to Brazil, everyone has something to say about continuing with their production methods that emit polluting gases. From...