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Job: Nigeria, Britain partner to combat unemployment

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The Nigerian government has expressed its willingness to partner with the British Government in tackling unemployment and creating job opportunities for young persons in the country. The Minister of State for Labour and Employment, Dr Festus Keyamo, with the Political Counsellor, British High Commission, Mr Dominic Williams. PHOTO: NAN The Minister of State for  Labour  and Employment, Dr Festus Keyamo, stated this when the Political Counsellor, British High Commission, Mr Dominic Williams, paid him a courtesy visit in Abuja. “We are ready to collaborate with our partners all over the world to open up avenues for job creation. We are open to all kinds of suggestions and levels of co-operation,” he said. He disclosed that the Government has opened up other sectors as part of efforts to diversify the economy from oil, which would, in turn, create room for employment. According to him, part of the efforts of Government to diversify the economy and boost job creation...
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Italy Slides Into Recession, Darkening Outlook For Europe

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Italy has fallen back into recession, intensifying concerns about the 19-country eurozone economy and a possible flare-up in the debt market jitters that have haunted the bloc in the past. The Italian economy, the third-largest in the eurozone, contracted by a quarterly rate of 0.2 percent in the fourth quarter of 2018, the national statistics agency said. Following a 0.1 percent drop in the previous three-month period that means Italy is in a technical recession, defined as two straight quarters of economic contraction — just four years after its last one. Italy’s recession is one reason why the wider eurozone slowed in 2018, along with uncertainties related to Brexit, the China-U.S. trade spat and new vehicle emissions standards. Though the eurozone is performing better than in the dark days of the debt crisis, which threatened to break up the euro currency, it’s still lagging the U.S. economy, which is projected to have grown about 3 percent in 2018. As a result, unemplo...