The Emergence Machine
Inflation rises, troops withdraw
Uganda's inflation surged to a three-year high of 12.3% in October, driven by currency devaluation, Reuters reports.
The central bank raised its main interest rate to 15.5% in an effort to curb the slide, Bloomberg notes.
Meanwhile, Uganda has begun withdrawing troops from Somalia after nearly two decades of presence, per Hiiraan.com.
Sources —
8 articlesOpen data on the globe —
check it yourselfWhy these floors —
E10 · E12 · E11E14 places every story on a stack of fifteen floors, from the fields under everything to the planet acting as one. This one sits on E10, institutions; the pressure it names: economic pressure. Its words also reach E12 states and E11 organizations.
Here it is a dynamic between institutions, states and organizations: currency devaluation, main interest rate and central bank (E10 institutions), with troops from Somalia and nearly two decades (E12 states), and Reuters reports and Bloomberg notes (E11 organizations).
The floor of money and rules. In this briefing: currency devaluation, main interest rate, central bank.
The floor of states and force. In this briefing: troops from Somalia, nearly two decades.
The floor of companies and infrastructure. In this briefing: Reuters reports, Bloomberg notes.