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Browsing Category
Economy
Nuclear Deal In Danger If U.S Does Not Ease Sanctions, Iran Warns.
Iran warns nuclear deal in danger if U.S wont lift its sanctions. The deal was initiated in 2015 which was later abandoned in 2018…
Will The U.S Economy Recover In 2021?
2020 was a tough year for the U.S economy but in 2021 they hope for things to turn around. The lawmakers are set to pass a…
Jeff Bezos, Amazon CEO, Folks Out His Position To Andy Jassy.
Jeff Bezos set to resign later this year and hand over his position to Amazon Web Service CEO, Andy Jassy.
Kenya-US Free Trade.
US and Kenya finally set in motion the negotiation on a free trade agreement. The deal was initiated by Donald Trump but the US…
China promises to help Kenya deal with debt challenges
China has promised to help Kenya deal with its debt challenges, the Chinese Embassy in Kenya has said.
In a statement on…
Angola granted three-year debt relief deal with Chinese creditors
Angola has secured three years of payment relief from Chinese creditors and expects to get more than $700m in its next tranche…
Samsung electronics forecasts 25.7% jump in Q4 operating profit
South Korean tech giant Samsung Electronics flagged a jump of more than 25 percent in Q4 operating profit Friday, with working…
China cancels DR Congo’s $2.4 billion debt amid COVID-19 crisis
China has granted some debt relief to the Democratic Republic of the Congo (DRC) to help it overcome economic fallout from the…
World Bank sees global output up 4% in 2021, flags downside risks
The global economy is expected to expand 4% in 2021 after shrinking 4.3% in 2020, the World Bank said on Tuesday, although it…
What Cuba’s new single currency means for the island
The Cuban government formally ended its dual currency system on Friday, devaluing its peso for the first time since the 1959…