•    

Archive For: The Crunch

Adidas to cut short IAAF sponsor deal – BBC

Jan 28, 2016 According to media reports, German sportswear company Adidas AG reportedly ended its 11-year sponsorship deal with the International Association of Athletics Federations (IAAF). Adidas, the biggest sponsor of the sport’s governing body, discontinued their contract as a result of the doping and corruption scandal that has engulfed the sport. Commenting on the ... Read More
 

As currency tumbles on street, Nigerians expect official rate to follow

Jan 27, 2016 Nigerian importers have recently experienced a hike in prices after the Nigerian currency lost a third of its value on unofficial markets. Despite the naira plunging on the street, the official exchange rate is yet to budge. According to business owners, the widening gap between the official rate and the parallel rate ... Read More
 

Eight Egyptians face trial for botched restoration of Tutamkhamun's mask

Jan 27, 2016 Eight Egyptian museum employees will soon appear before a disciplinary court over the careless reattachment of the beard on king Tutankhamunt’s famous burial mask. The employees included the museum’s ex-general manager and the previous head of the museum’s restoration unit. All eight parties face charges over their involvement in the damage done ... Read More
 

Indonesian man creates a "Robotic Arm" from scrap metal

Jan 27, 2016 An Indonesian man, I Wayan Sumardana, recently created a robotic arm from scrap metal, which he says helps him make use of his paralyzed left arm. Sumardana suffered a stroke six months ago which saw his left arm paralyzed. Unable to work with just one arm, the vocational high school graduate used ... Read More
 

Chinese athletes claim medals at national winter games

Jan 27, 2016 Some of China’s top winter athletes recently struck gold in their respective categories at the ongoing 13th National Winter Games in China. In the women’s 10-kilometer cross-country skiing event, Li Xin claimed the gold medal. Elsewhere in the freestyle aerials competition, the team representing Urumqi finished top of the standings. Snowboarder Shi ... Read More
 

Zidane dismisses claims over Rodriguez's commitment

Jan 27, 2016 Real Madrid coach Zinedine Zidane recently moved to quell rumors over the commitment of Colombian playmaker James Rodriguez. The 24-year-old, who joined Real Madrid from Monaco after dazzling at the 2014 World Cup finals, has been the center of rumors linking his dipping form to heavy involvement in the Spanish nightlife. “It ... Read More
 

I won't 'go back' on democracy, says troubled Tunisia's PM

Jan 26, 2016 Tunisia’s Prime Minister Habib Essid recently reiterated that he will not go back on the country’s young democracy. This was announced in the wake of violent protests and riots over the unemployment rate in the country. The demonstrations, which begun in the town of Kasserine, immediately spread across the country and is ... Read More
 

Fancy a Cappuccino – new urban coffee culture emerges in Uganda

Jan 26, 2016 Uganda recently held its 9th Barista championship, an annual contest designed to promote the country’s coffee and unveil the brewer with the best coffee-making skills. The championship, which had 16 contestants, featured the preparation of espressos, cappuccinos and original beverages for four judges within 15-minutes. Commenting on coffee consumption, Janet Muthoni, a ... Read More
 

China to maintain medium to high economic growth -Vice President LI

Jan 26, 2016 According to China’s president, the Asian giant will focus on maintaining medium to high economic growth, in a bid to pacify investors. China’s economy has been the Centre of several debates following a renewed plunge in its stock markets and yuan currency. This has stoked worries amongst investors over the health of ... Read More