Worldcrunch
The reforms introduced by Bola Tinubu, the new president of Africa’s most populous country, will take time to have an effect on the daily lives of Nigerians. In the meantime, the population is suffering from inflation, corruption and insecurity. The disillusioned youth are impatient and dream of elsewhere.
MOSCOW — If you happen to produce widgets in Russia and sell them in foreign currency, your time has come. Konstantin Babkin, president of a company that produces tractors, is convinced that the ruble should have been devalued long ago. “An excessively strong ruble already killed our airplane construction, food and light manufacturing industries,” he […]