Kenya heads into fifth review as IMF firms grip on economic policy

International Monetary Fund Resident Representative, African Department Tobias Rasmussen at a past function By Business Daily Africa Ahead of the fifth review of its multi-year arrangement with Kenya on Monday, the International Monetary Fund (IMF) has already positioned itself as a key shaper of the country’s monetary and fiscal policies. From the increase of contributions

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Exclusive: BYD proposes $1 bln India plan to build EVs, batteries – sources

Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. Reuters/Nick Carey/File Photo By Reuters China’s BYD Co (002594.SZ) has submitted a $1 billion investment proposal to build electric cars

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Putin says Prigozhin rejected his offer for Wagner to keep serving

By Anadolu Agency Russian President Vladimir Putin said he offered the Wagner mercenaries the chance to keep fighting for the army at a meeting just days after their attempted mutiny, but the group’s chief Yevgeny Prigozhin rejected his offer. “All of them could gather in one place and continue to serve. And nothing would have

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UAE carried out a surprising act in 18 European countries and caused a lot of anger

Credit Reuters/United Arab Emirates President Sheikh Mohamed bin Zayed Belgium has summoned the United Arab Emirates’ ambassador to the country after reports emerged that Abu Dhabi is involved in a smear campaign aimed at associating at least 1,000 people living in Europe with the Muslim Brotherhood. The European Investigative Cooperation Group (EIC) said in a

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Somalia shady president Hassan Sheikh and the former leaders had a conference that failed

File Photo/Somali Times The meeting of the last two days in Mogadishu between the shady President Hassan Sheikh Mohamoud and the former leaders and opposition politicians has been concluded in failure. This sensitive meeting was chaired by President Hassan Sheikh Mohamoud, with the participation of former presidents Sharif Sheikh Ahmed, Sharif Hassan Sheikh Aden, former

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Egypt’s Sisi and Ethiopia’s PM discuss Sudan’s crisis and Ethiopian dam -presidency

Egyptian President Abdel Fattah al-Sisi (R) meets with Ethiopian Prime Minister Abiy Ahmed at the Ittihadiya presidential palace in Cairo, Egypt, June 10, 2018. in this handout picture courtesy of the Egyptian Presidency. The Egyptian Presidency/Handout via Reuters/File Photo By Reuters Egyptian President Abdel Fattah al-Sisi and Ethiopian Prime Minister Abiy Ahmed on Wednesday discussed

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Death toll in Kenya from starvation cult climbs to 372

By Anadolu Agency Police in Kenya exhumed 12 more bodies as part of an ongoing investigation into a starvation cult, bringing the death toll to 372, Regional Police Commissioner Rhoda Onyancha announced Wednesday. The exhumation took place during the third day of the fourth phase of the operation. Police said the recovery of the bodies

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Canada’s Indigenous women forcibly sterilized decades after other rich countries stopped

May Sarah Cardinal sits for a portrait outside the Law Courts building in Edmonton, Alberta, Canada on Thursday, May 25, 2023. Cardinal said she was pressured into having her tubes tied when she was 20. (AP Photo/Amber Bracken) By The Associated Press Decades after many other rich countries stopped forcibly sterilizing Indigenous women, numerous activists,

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Russian spy chief says he spoke to CIA boss about ‘what to do with Ukraine’

Sergei Naryshkin, head of Russia’s foreign intelligence agency, attends a military parade on Victory Day, which marks the 76th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 9, 2021. Reuters/Evgenia Novozhenina By Reuters Russian foreign intelligence chief Sergei Naryshkin said on Wednesday that he

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China rejects NATO statement on ties with Russia

By Anadolu Agency China on Wednesday rejected the NATO summit declaration that accused relations between Beijing and Moscow of threatening the “rule-based international order.” In response to NATO’s accusation, Chinese Foreign Ministry spokesman Wang Wenbin said that the relations between China and Russia are based on the principles of “non-alignment, non-confrontation, and non-targeting of third

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