Corridor announced at this month’s G20 offers New Delhi a chance to expand its economic and diplomatic clout
Some Zimbabweans living in abject poverty are reacting angrily to claims by President Emmerson Mnangagwa that the country’s economy is the fastest growing in southern Africa. Some economists and members of the main opposition say the president is misinformed or does not understand basic economics.
The earthquake that killed nearly 3,000 people in Morocco’s High Atlas Mountains this month also took a toll on the region’s flourishing tourist industry — a key source of jobs and income. The raft of tourist cancellations adds to the many challenges facing impoverished mountain communities.
Bank of England pauses nearly two years of interest rate increases after surprising fall in UK inflation eased concerns about pace of price rises
Consumer inflation has dropped from a year-over-year peak of 9.1% in June 2022 to 3.7%. Yet it's still well above the Fed's 2% target, and its policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years
Beijing eases seven items in its long list of visa requirements for foreign visitors
New report by leading global risk consultancy finds that as global tensions create disruptions, they are also providing many African governments significant political, economic, and security opportunities
Millennium Challenge grant to Kenya to promote economic growth
Experts say more cooperation between Africa's two largest economies would boost growth and development across the continent
Tourism industry watchers say one of the top overseas destinations for US travelers this summer was Britain, where Americans helped the recovery of the British tourism industry after the crisis caused by the COVID pandemic.
About 12,700 workers are on strike at three factories, one each owned by Ford, Stellantis, and GM, in the most significant US industrial labor action in decades
Farmers say extreme temperatures caused a huge drop in the output of olive oil in Spain, the world’s largest producer, triggering a big jump in world olive oil prices. Elizabeth Cherneff narrates this report from Alfonso Beato in Barcelona, who says Europe’s leadership is blaming climate change.
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