Wall Street wary of 'frothy' stocks, bubbly bitcoin

LONDON (Reuters) – Wall Street bankers warned of toppy stock markets and a looming near-term retreat after exuberance from unprecedented economic stimulus has led to “frothy” asset prices.FILE PHOTO: A representation of virtual currency bitcoin is seen in front of

Ivory Coast lifts suspension of Hershey cocoa sustainability schemes

ABIDJAN (Reuters) – Ivory Coast will lift a suspension imposed this week on cocoa sustainability schemes run by Hershey after the U.S.-based chocolate maker committed to paying a premium aimed at combating poverty among farmers.Slideshow ( 3 images )Ivorian and

Both sides claim gains in Ethiopia war, Tigrayans accused of massacre

ADDIS ABABA/NAIROBI (Reuters) – Ethiopia’s state-appointed rights group accused a Tigrayan youth group on Tuesday of massacring hundreds of civilians as federal and local forces both claimed advances in a three-week war in the country’s mountainous north.FILE PHOTO: Tents belonging

South Africa virus toll could be ‘far higher’

South African researchers say the number of deaths from coronavirus could be far higher than the official toll. The South African Medical Research Council (SAMRC) report says excess natural deaths rose by 17,000, a 59% increase compared to past years.

East African countries count losses after devastating floods

As hundreds of thousands are displaced, experts worry about the implications in the response to coronavirus pandemic. Torrential rains have triggered devastating floods and landslides across East Africa in recent weeks, aggravating an already challenging situation as countries in the

South Africa to ease virus lockdown restrictions

South Africa’s president has announced an easing of some lockdown restrictions beginning next month, citing economic concerns. But President Cyril Ramaphosa warned that most people should remain at home, public gatherings remain banned, and the country’s borders will stay closed.

S Africa deploys 70,000 troops to enforce lockdown

More than 70,000 extra troops will be deployed in South Africa to help enforce a lockdown intended to stop the spread of coronavirus, President Cyril Ramaphosa has announced. South Africa has had 3,465 confirmed coronavirus cases – second only to