Economists David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel Prize in Economics today. Their papers are about pioneering "natural experiments" to show real-world economic impact in areas from the US fast-food sector to Castro-era migration from Cuba. David Card...
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October 11, 2021October 11, 2021Latest, Real Estate, Markets, World
Leonardo DiCaprio buys a house at a bargain price and sells it for USD 10 million
It is an irrefutable truth that the Covid-19 pandemic has brought mute to its knees. Several entities lost money, including the real estate sector. And we are following the unfolding Evergrande crisis in China. But in all of this there were those who proved otherwise and prospered in business, namely the sale of real estate. The most...
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"Oil should rise between $50 and $70 this year"... But it's already above that
The Moody's agency has raised its forecast for oil barrel prices in the medium term, with quotations ranging between $50 and $70 per barrel. This is the estimate it had before the impact of the Covid-19 pandemic on prices. This new forecast reflects the expectation that costs...
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October 11, 2021October 11, 2021Latest, World, Technology & Innovation
Sub-Saharan Africa has lower broadband access and high smartphone prices
The Global System Operators Association (GSMA) report found that sub-Saharan Africa has the largest mobile broadband and data coverage gap. The data is not encouraging despite improvements in recent years encouraged by Covid-19. According to the GSMA study "The Mobile Economy Sub-Saharan Africa 2021," last year the rate...
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Amilca Ismael releases "La comparsa
"La comparsa" (the companion) is the title of the most recent work by the Mozambican writer Amilca Ismael. It is the fourth work, recently released in Italy, where the writer lives since 1986. According to the writer, the novel has as inspiration what certain women feel in their relationships, "when their husbands are distant...
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Fire breaks out in an oil company in Lebanon
A fire of huge proportions has broken out at an oil company's facilities in the coastal village of Zahrani in southern Lebanon. However, the causes of the fire are still unknown, according to local sources. When the fire started, in a huge gasoline tank, there were no workers nearby, ruling out chances of human damage. The area of the oil company...
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Unemployed becomes world popular on Tik tok
Khabane Lame, 21 years old, was working in the construction industry in Italy, before the cursed pandemic came and took away his job. With unemployment, he was forced to reinvent himself and today he has the most popular Tik Tok account in the world, with 115.4 million followers. No more than almost twice the population of the world...
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Nigeria launches its own digital currency
According to a news release on Thursday (7), the Central Bank of Nigeria (CBN) will launch eNaira, its own digital currency. The announcement was made by the governor of the Nigerian bank Godwin Emefiele during a video conference where he advanced that the currency will arrive already in a few days
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CTA repudiates the kidnapping of two citizens in Maputo City
CTA - Confederation of Business Associations of Mozambique on Friday repudiated the kidnapping of two citizens, on Thursday, in the city of Maputo, considering that crime in the country's main cities is reaching alarming levels
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Mental Health: only 2% of budgets are DIRECTED to the area, says WHO
Today, October 10, is World Mental Health Day. The World Health Organization (WHO) says only 2% of governments' budgets are directed to mental health. However, the WHO, through its latest report, acknowledges there is increased awareness of the disease. WHO director-general Tedros Ghebreyesus says that violations of rights...