New EU rules on hosting and reducing migrants will engender prison camps at borders.
The European Union came to an early agreement on new regulations on Wednesday. These regulations aim to limit the number of immigrants entering the country
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
20 big banks suffer capital erosion amid high interest rates and bad loans – ECB
The European Central Bank announced on Tuesday that it had increased capital requirements for twenty banks, citing a lack of reserves for defaulted loans as
The EU’s deforestation law is set to reshape the global commodities market and impoverish African farmers.
Coffee importers in the EU are beginning to reduce their purchases from small farmers in Africa and other regions in anticipation of a historic EU
US defense industry to profit from wars in 2024.
One CEO resisted, stating they did not want to be stuck with a warehouse full of rockets when the fighting stopped when the Pentagon summoned
Nissan will leverage local resources to sell China-made EVs to global markets.
Nissan Motor announced on Sunday that it will market electric cars (EVs) made in China throughout the world. The company recently signed an agreement with
Elon Musk says climate change is exaggerated, but oil and gas are still relevant.
Elon Musk, the founder of Tesla, stated on Saturday that oil and gas should not be vilified in the medium run, but he also stressed
Nigeria’s cost of living crisis worsens as inflation reaches an 18-year high.
The largest economy in Africa saw a deteriorating cost-of-living issue in November when Nigeria’s annual inflation increased for the eleventh consecutive month to the highest
The World Bank and its partners will provide over $2 billion in funding for clean energy projects, enabling 17.5 million Nigerians to access power.
The International Development Association said on Friday that the World Bank’s fund for impoverished nations intends to lend $750 million for sustainable energy projects in
Elon Musk’s X gets a money-transmitter license from the 13th US state in a push for money transfer business.
This week, a 13th U.S. state granted Elon Musk’s social media site X—previously known as Twitter—a money-transmitter license, bringing it one step closer to implementing
Blackstone-led investors acquire 20% of the $16.8b real estate portfolio owned by the FDIC-run Signature Bridge Bank.
On Thursday, the Federal Deposit Insurance Corp.-owned Signature Bridge Bank announced that it had sold 20% of its interest in the business, which was keeping
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