US budget deficit hits $1.7tr as revenue dips, social security and health bills grow.
The U.S. government announced a $1.695 trillion budget deficit for fiscal 2023 on Friday, a 23% increase from the previous year as a result of
AfDB raises $11 billion for poor nations with US funding still pending.
The African Development Bank (AfDB) said on Tuesday that it had raised $11 billion for its fund, which lends money to low-income nations on advantageous
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
Americans losing trust in institutions, from Congress to organized religion.
A longer-term pessimism about the nation’s fundamental institutions is being fueled by the Republican dysfunction that has brought the U.S. House to a standstill as
Federal Reserve will opt for slower economic growth to achieve 2% inflation target – Powell
Jerome Powell, the chairman of the Federal Reserve, stated on Thursday that the inflation rate is still too high and that it will probably take
China to invest new funding of $6b under BRI projects in various sectors in Nigeria.
Following a Belt and Road Initiative summit in Beijing, President Xi Jinping of China promised on Thursday that his nation will raise investments in Nigeria’s
US oil production hits 13.2mbd, the highest on record, thereby dragging the world into a fossil trap.
Domestic oil output in the United States reached a record high last week, in contrast to attempts by the Biden administration and world leaders to
Caledonia will raise $250 million for the Bilboes project in Zimbabwe, which will produce 250,000 ounces of gold.
The $250 million needed to turn Caledonia Mining Corp.’s Bilboes project into what would be Zimbabwe’s largest gold mine is being sought after. According to
China to invest $100b in new “Belt and Road” projects and provide increased access to the domestic market for foreign companies.
As he began a summit on his flagship Belt and Road infrastructure program on Wednesday, Chinese President Xi Jinping promised international businesses increased access to
Nigeria is now lithium-rich, and foreign firms must set up local plants to be granted licenses.
Nigeria’s minister of mines announced on Tuesday that the country is toughening licensing requirements for foreign mining firms to encourage them to increase the processing
FTC, Amazon, Tripadvisor, and other online marketplaces form a coalition to combat fake reviews.
Tuesday saw the announcement of a joint effort by some of the most popular travel and shopping websites to combat bogus reviews. In a statement,
Italy in a birth crisis of 1.24 per woman approves $25b to boost birth rate and household income.
The budget for the upcoming year which aims to improve public health services, encourage families to have more children, and put more money in the
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