Egypt’s finance minister says high oil and wheat prices will cost the country around $10 billion.
The Egyptian budget will lose $7.2 billion if oil prices remain at $122 per barrel, according to Finance Minister Mohamed Maiit, who spoke to CNBC
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
China-Taiwan relations worsen with the Chinese ban on the import of grouper fish; Taiwan threatens WTO action.
On Saturday, Taiwan’s government threatened to take Beijing to the World Trade Organization after China halted the import of grouper fish from the island, citing
The U.S lifts sanctions on Venezuela due to high oil prices; resumes oil export to Europe.
Refinitiv Eikon data revealed on Friday that a 650,000-barrel shipment of Venezuelan oil chartered by Italy’s Eni is due to make sail, transporting the first
Russia claims to have destroyed huge storage in Ukraine with Western armaments. – Interfax news.
According to Interfax, Russian forces used Kalibr cruise missiles to destroy a big store containing US and European armaments in Ukraine’s Ternopil region, according to
Ukraine invasion: U.S gasoline has surpassed $5 a gallon in historic first, paying a high price for the war.
According to AAA data, the price of gasoline in the United States averaged more than $5 per gallon for the first time on Saturday, extending
Russia will respond to NATO’s increased military presence in Poland. – Kremlin.
According to the Interfax news agency, citing a Russian ambassador, Russia’s foreign ministry stated on Saturday that Moscow’s response to a buildup of NATO forces
The UK’s Rwanda deportation program is “appalling”. – Prince Charles.
According to two media sources, Prince Charles has privately referred to the British government’s plans to deport asylum seekers to Rwanda as “appalling,” as the
UK Banks are no longer too big to fail, with no support from public funds. – BoE
The Bank of England said on Friday that it was confident that lenders had taken efforts to ensure they were no longer “too big to
Los Angeles county-run Children’s Shelter was a haven for sexual abuse.
According to a lawsuit filed Thursday by dozens of former residents, a Los Angeles County-run shelter meant to be a safe place for children while
Canada jerks up rates to curb 31-year high inflation, the odds of a recession rise.
According to economists, Canada’s central bank has announced plans to speed up a series of hefty hikes to combat inflation, raising the risk of the
Load More
