Apple: the next iMac would adopt a new design and an Apple Silicon processor this year

For the first time since 2012, Apple would finally renew the design of its iMac. In 2021, Apple is preparing at least three new desktop Macs. According to Bloomberg's Mark Gurman, who also released information on future MacBook Pros and iPhone 12 successors in recent days, Apple will announce an iMac and two Mac Pros in 2021. The transition to Apple Silicon processors gives a new blows to the computers of the Californian giant.     iMac: finally an edge-to-edge screen This year, the iMac could change completely. Mark Gurman indicates that the borders of his screen would be much smaller, like Pro Display XDR, the ultra high-end screen launched by Apple with the Mac Pro in 2019. The back of the computer would also abandon the curvature in favor of a completely flat frame.  This new iMac would also be equipped with an Apple Silicon processor, probably a more powerful chip than the Apple M1 chip currently present in the MacBook Air, MacBook Pro and Mac mini. The 2021 iMac is reportedly

The value of the US dollar hits its lowest level in two and a half years

The dollar continues to lose value in the markets, due to the poor signals that still characterize the US economy. This situation is bound to have consequences for Africa. 

The value of the US dollar hits its lowest level in two and a half years

On Monday, November 30, the index which measures the value of the US dollar on a basket of other currencies fell to 91.75 points, according to market data consulted by the Ecofin Agency.

This is its lowest level since the beginning of August 2018. This decline in the US dollar which around mid-May 2020 started as a temporary correction in the currency market is becoming a permanent situation. .

At the start of the coronavirus crisis, the financial world was in a panic, and in this context, all categories of investors needed the dollar; which increased its value. But subsequently, as everyone became aware of the scale of the problem, the US currency gradually shifted away from assets like gold, and even bitcoin.

Investors are seduced by the solid performance of stock indices, such as the S&P 500, which includes the 500 largest companies listed on the US financial markets. However, this growth hides significant disparities, and above all a risk of a speculative bubble. The second safe haven for investors, Treasury bills and bonds, are now yielding low returns.

Despite Joe Biden’s victory and the return to what can be called "more predictability in the American administration", economic indicators in the United States are not reassuring. The number of cases of contamination since the start of the pandemic has already reached 4 million in the country. This is less than 1% of the population, but in view of the number of deaths recorded, this creates deep panic. 

General sales (Black Friday) have fallen by 52%. There has been a slowdown in manufacturing activity in Chicago and Dallas, and analysts expect the central bank to continue to be relatively cautious.

For Africa, a weak dollar is ultimately a good thing. The continent has been affected in its economy, despite a low level of contamination. Covid-19 has impacted the region's exports. They fell in volume, thus reducing foreign exchange earnings. If in addition to the drop in income it is necessary to manage a weaker dollar, this makes a double fall which will have an impact on the money supply of African countries.

The good news is that a weaker dollar has a positive impact on external debt service. The constraint of mobilizing resources to pay what is owed is lower, and the risk of inflation is also reduced.

But it is not yet clear what the effects of a prolonged decline in the US dollar may be. On this point, the economic specificities of each country will be decisive.