Tag: new york
“The problem with the World Trade Center is that it never really was that good,” said Carl Weisbrod, a former city planning official who worked on the redevelopment of the new site. “What’s emerged is a central business district that is now a model for the 21st Century as opposed to a sort of a historical artifact of the 20th Century.”
“Today’s economic crisis is exacerbating economic and racial divides and exposing systemic barriers to opportunity”, Dimon said in an opinion piece in the Wall Street Journal on Monday, adding that often high-achieving people across New York were not given opportunities at the city’s top employers.
The Dow and S&P 500 on Monday suffered their worst plunge since the “Black Monday” crash of 1987, despite the Federal Reserve’s announcement of an emergency $700 billion quantitative easing program and a further 100 basis point cut to interest rates.
Global cases: At least 125,288, according to the latest figures from the World Health Organization
News arrived this week that Pan-African e-commerce company, Jumia – best known here in Kigali for its restaurant delivery service, is suspending operations in Rwanda. This comes after the company already shut down in Cameroon and Tanzania. Back in April the company, which many compared to Amazon, showed immense promise with a very high valuation and a New York listing, now with the new setbacks, what does this mean for them and the generation of African start-ups behind them that were looking to follow in their footsteps? Kenneth Agutamba, Analyst and Chief Strategist at Impact Communication Strategies joins CNBC Africa for more.
Today marks one year since the flagging off of the historic Nairobi to New York daily direct flight. During the launch, President Uhuru Kenyatta said the 15 hour flight to US will open up Kenya and the region to the world and boost the continent’s economic growth. To breakdown how much of an impact this flight has had thus far, Sebastian Mikosz, CEO of Kenya Airways joins CNBC Africa.
Nigeria’s Commercial Capital, Lagos state will host the 2020 Global Citizen Festival. On the side-lines of the 2019 Global Citizen Festival in New York, and on how Nigeria emerged as the destination for next year’s festival, CNBC Africa’s Wole Famurewa caught up with Vice-Chairman of Global Citizen Nigeria, Aigboje Aig-Imoukhuede for more.
World leaders made new commitments totalling $932.1 million and announced new campaigns to end extreme poverty. To discuss this – on the sidelines of the Global Citizen Festival in New York, CNBC Africa's Wole Famurewa caught up with Deputy Secretary General of United Nations, Amina Mohammed for more.