In 2006, little known economics professor Nouriel Roubini warned that the US housing market was at risk of collapsing. Fast forward two years and it did, triggering the global financial crisis. Roubini, now known is Dr Doom is forecasting another economic depression, contradicting the consensus view the recovery from Covid-19 will be V-shaped. Dr Adrian Saville, CEO of Cannon Asset Managers joins CNBC Africa for more.
A group of 165 past and present global leaders have come together to demand the creation of a G20 executive task force and an immediate global pledging conference to approve and co-ordinate a multi-billion dollar fund to fight against the COVID-19 pandemic.
It’s a jolly season in South Africa with Christmas less than one week away however it’s not a festive time for everyone. Mental specialists warn a lot of people suffer from various forms of depression around this time of the year, might be from loneliness or financial pressures. Nicole Breen, Project Leader for Information and Awareness at South Africa Federation for Mental Health joins CNBC Africa for more.
Suicide is already among the leading causes of death worldwide.
Preventing poor mental health in childhood and in later life needs a two-pronged approach.