IMF research indicates covid.19 wreaks havoc on global supply chains
World Economic Outlook of IMF researchers indicates that COVID-19 pandemic wreaked havoc on global supply chains. It shows that more...
Foreign
Chinese Yuan weakens to 6.3795 against USD
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 150 pips to 6.3795 against the U.S...
UK group seeks Africa’s collaboration to achieve sustainable development
A United Kingdom-based organisation, the Africa Economic Summit Group, has called for more collaboration among African countries in order to...
Honda joins global automakers spending billions of dollars to go electric
The Japanese auto company, Honda, announced Tuesday that it would invest approximately 5 trillion yen ($39.8 billion) to electrify its...
Algeria to increase gas export to Italy
Algeria will increase its gas exports to Italy as part of agreements signed between the two sides to strengthen energy...
Lebanon’s bakeries to shut down amid flour shortages
More bakeries in southern Lebanon will suspend business on Tuesday amid shortages of flour, Zakaria Al-Qudsi the head of the...
To Prevent War and Secure Ukraine, Make Ukraine Neutral
TO PREVENT WAR AND SECURE UKRAINE, MAKE UKRAINE NEUTRAL By STEPHEN VAN EVERA, PROFESSOR OF POLITICAL SCIENCE, MIT FEBRUARY 19,...
Central Banks move to launch digital currency
The vast majority of central banks in the world are considering launching a central bank digital currency (CBDC), according to...
Afreximbank launches $4bn Ukraine crisis trade financing for Africa
The Board of Directors of African Export-Import Bank (Afreximbank) has approved the launch of a four billion dollar Ukraine Crisis...
Chinese yuan dips to 6.3799 against USD
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 290 pips to 6.3799 against the U.S....
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