A divided Federal Reserve left its policy interest rate unchanged to await more evidence of progress toward its goals, while projecting that an increase is still likely by year-end.
“Near-term risks to the economic outlook appear roughly balanced,” the Federal Open Market Committee said in its statement Wednesday after a two-day meeting in Washington. “The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives.”
Africa and emerging markets have continued to develop as growth engines and Sub-Saharan Africa remains one of the fastest-growing regions in the world. The 2016 BCG Global Challengers report emphasizes that, “…despite the slowdown in macroeconomic growth, the drop in commodity and currency prices, the crash of equity markets, and the rise of geopolitical risks, the top companies from emerging markets have kept on expanding overseas.”
Young girls and women must have access to sanitary products, accurate information regarding their own menstrual health, and should no longer feel shame or stigma when menstruating. The next time MHM is mentioned, you will not only know what it means but why it matters.
— White House Archived (@ObamaWhiteHouse) September 21, 2016
EU’s new Africa fund aims to attract private investors to Sahel region
The European Union’s new 44 billion euro (37.73 billion pounds) Africa fund aims to entice private investors to some of the world’s poorest nations and slow mass migration to Europe, the EU’s development chief Neven Mimica said.
The fund, unveiled last week by European Commission President Jean-Claude Juncker, could be up and running by mid-2017, Mimica said, and is based on a similar, larger fund for Europe already operating.
Modern humans evolved in Africa roughly 200,000 years ago. But how did our species go on to populate the rest of the globe?
The question, one of the biggest in studies of human evolution, has intrigued scientists for decades. In a series of extraordinary genetic analyses published on Wednesday, researchers believe they have found an answer.