Economy
New farmer show of force as EU ministers tackle red tape
Farmers faced off with riot police in Brussels streets paralysed by tractors on Monday, as EU ministers huddled to try to streamline rules and red tape that are fuelling protests across the bloc. Agriculture ministers from the 27-nation bloc were in Brussels to examine proposals for simplifying the EU's much-maligned Common Agricultural Policy (CAP) -- in a new attempt to try to assuage farmers.
Pay up, or else: Latin America cowed by lucrative extortion
Before he opened a new sauna in eastern Lima, Eduardo started receiving extortion messages from a local gang. Neither wanted to say if they eventually paid, but Eduardo opened his sauna, and Anita's hardware store is still operating. cm-vel/ljc/mar/fb/des
Swiss chocolate giant Barry Callebaut may cut 18% of jobs
Swiss chocolate maker Barry Callebaut said Monday that it may cut almost one in five jobs over the next 18 months as part of efforts to cut costs. Barry Callebaut supplies cocoa and other chocolate products to food industry giants including Hershey, Nestle and Unilever.
Polish farmers keep German border crossing blocked
Polish farmers blocked a major highway into Germany on Monday, carrying their protest against EU regulations and "uncontrolled" Ukrainian grain imports into its second day. "We also do not accept the uncontrolled import of grain from outside of the EU," Janicki said.
CBN moves to place annual limit on foreign school fees, medical bills payments from BDCs
The Central Bank of Nigeria (CBN) has introduced a limit on annual school fees and medical bill payments from Bureau de Change (BDC) operators in Nigeria.
Inflation rate, forex crisis, MPR, other matters CBN's MPC will address this week
Financial analysts and stakeholders have given their takes on some of the issues the CBN will be deliberating on during its Monetary Policy Committee meeting.
Atiku to Tinubu: Stop blame game, adopt Argentina’s Javier Milei approach to reform
Ex-Vice President Atiku Abubakar has told President Bola Tinubu to take a cue from his Argentine counterpart, President Javier Milei, to rescue Nigeria's economy.
Tractors throng Brussels as ministers meet on farm rules
Hundreds of tractors thronged streets around the EU's headquarters in Brussels on Monday as ministers met to seek ways to streamline farming rules and red tape fueling protests around the bloc.
Nigeria’s second richest man, Abdul Samad Rabiu, discloses Issues with FX as naira crashes to lowest
Abdul Samad Rabiu, Nigeria's second wealthiest man, has said the problem with foreign exchange in Nigeria is artificial and manipulative but improving.
Economy
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