The data added pressure on the White House and Congress to restart stalled negotiations over the next coronavirus relief package to lift the economy out of the worst recession since the Great Depression..
The Nasdaq Stock Exchange is working with many African capital markets to improve functionality and efficiency. Michèle Carlsson, MD for Africa and the Middle East spoke with CNBC Africa's Fifi Peters about how Nasdaq is partnering with African stock exchanges on fintech innovations.
This week billions of dollars were vaporised from global markets in the worst sell off in years. Wall Street erased its 2018 gains while the tech heavy NASDAQ torpedoed by the most in eight years. The haemorrhaging in stocks spread to markets in Asia, Europe and Africa. So where are markets headed next? And what should you be doing with your money? CNBC Africa’s Fifi Peters investigates.