Impact of COVID-19 in Africa: A severe setback for development

COVID was late to arrive in Africa, with initial infection and death rates lower than elsewhere in the world. Community transmission is however now accelerating in most countries, with lack of safe water as a major contributing ...

Economic recovery after shutdown could take up to three years

The coronavirus pandemic poses an enormous challenge for the domestic and global economy. Despite the measures taken by the Austrian government, the consequences of the lockdown and partial suspension of global trade flows ...

Coronavirus threatens nearly 20 million African jobs: study

Millions of lost jobs, mounting debt woes and plunging remittances are among the economic hardships African countries can expect because of the COVID-19 pandemic, the African Union said in a study published Monday.

Advanced degrees bring higher starting salaries—and more debt

People with a master's degree or doctorate can bank on a much higher starting salary than those with the same major but only a bachelor's degree. That's according to a recent survey of employers by the National Association ...

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