IMF projects Ethiopia to grow at 8.5%
Ethiopia will become one of the fastest growing economies of the world, averaging more than 8 per cent, due to…
Facebook discloses security breach affecting 50 million users
The social media company said hackers have stolen the digital login codes of 50 million users which gives them access…
Italy defies Europe with new Budget proposal
Rome has announced a new budget deficit target of 2.4% of GDP, and aims to expand government spending on welfare.…
Palestine approaches ICJ over Jerusalem embassy move
The Palestinian Authority has asked the International Court of Justice to force the US to shut down its Embassy in…
Earthquake rattles Indonesia Island
A massive quake & tsunami ravaged the Indonesian island of Sulawesi, leaving 384 dead and hundreds missing. Indonesia is a…
Kenya’s rising inflation
A continued inflationary trend in Kenya has resulted in a staggering rise in food prices, fuel prices and transportation costs…
Maduro visits New York despite White House rebuff
The Venezuelan President had earlier claimed that he would be killed if he ever visited New York and his visit…
Russia plans to boost trade with China
Moscow is aiming to increase the bilateral trade volume to $200 billion in the next five years. China and Russia…
Elon Musk accused of Securities Fraud
The Securities and Exchange Commission has filed a lawsuit accusing Tesla boss Elon Musk of securities fraud. The US financial…
Iran to Comply with Sanctions
The crippling effect of U.S. sanctions on Iran’s financial system have made the need to comply with global financial regulations…