David Willacy News Today

As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars.

* Global flight to safety leaves dollars in short supply * Shortage hampers trade, hurts currencies, raises debt costs * World Bank says many countries shut out of bond markets ...

As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars.

A copper price that has climbed to almost eight-year highs has failed to stem the tide after Africa’s second-biggest producer of the metal became the continent’s first pandemic-era default. It failed to make a $42.5 million payment on a $1 billion Eurobond in November, and the government stopped servicing most external commercial debt. “In an attempt to reduce the volatility and devaluation seen during large parts of 2020, the Bank of Zambia has introduced some curbs on local foreign-exch...

When we look at the night sky, how far back in time can we see? January 8, 2021 at 11:22 am When we look up at the stars, we are looking back in time. The light entering our eyes from these distant objects set off years, decades or millennia earlier. Every time we look at something ‘up there’ we’re seeing it as it was in the past. Advertisement With enormous modern telescopes and sensitive detectors, professional astronomers can see far beyond what most back garden telescopes are capabl...

2020’s Last Full Moon Ushers in a Healing Fresh Start—Here’s What to Expect for Your Sign Adama Sesay © Photo: Getty Images/David Willacy full moon in cancer The Cancer full moon, also called the cold moon, is the last full moon of the year, and the nurturing energy it packs is exactly what we need after a year marked by tumult and uncertainty. Occurring on December 29th at 10:28 p.m., ET, the moon rules the intuitive sign of Cancer and is feeling quite comfortable in i...