Oil prices rise after US decision to raise debt limit

By Anadolu Agency Oil prices increased on Thursday after the US passed a bill that is anticipated to lift the US debt ceiling and limit government spending in an effort to reduce the federal deficit. International benchmark Brent crude traded at $73.34 per barrel at 09.52 a.m. local time (0652 GMT), a 1.02% rise from

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Zimbabwe passes law to punish ‘unpatriotic’ citizens

Zimbabwean President Emmerson Mnangagwa/AFP By The East African Zimbabwe’s Parliament has passed a controversial law that seeks to punish “unpatriotic” citizens, yet another legislative move contradicting President Emmerson Mnangagwa’s pledge to expand freedoms. The ruling party Zanu PF used its parliamentary majority to approve the Criminal Law (Codification and Reform) Amendment Bill, 2022, widely known

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Kenya reveals plan to extend SGR to Uganda and Congo

By Business Daily Africa Kenya has opened talks with Uganda, DR Congo and the Republic of the Congo to build a modern railway connecting the Indian Ocean to the Atlantic in what appears to be a race with Tanzania to control cargo business into Africa’s hinterland. President William Ruto has disclosed the discussions are geared

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Somalia takes over the seat of the Permanent Monitoring Committee of African Union at the United Nations

Somalia has taken over the rotating chairmanship of the Office of the Superintendent of the African Union Mission to the United Nations. The Ambassador to Somalia at the United Nations, Amb. Abukar Dahir Osman, who will hold this position, will deliver the observer speech at the UN headquarters. Read: Exclusive: Somalia President Hassan Sheikh intends

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UK has bigger inflation problem than US or euro zone, Bank of England’s Mann says

A shopper looks at food items in a shop. Reuters/Kevin Coombs/File Photo By Reuters Britain has a bigger inflation problem than the United States or the euro zone, with both large headline price rises and growing signs of persistence in underlying pressures, Bank of England policymaker Catherine Mann said on Wednesday. Mann, who has been

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Exclusive: Qatar prime minister, Taliban chief hold secret Afghan talks

Qatar’s then deputy prime minister and foreign minister, Mohammed bin Abdulrahman Al Thani, speaks during a meeting with U.S. Secretary of State Antony Blinken, in Washington, U.S. February 10, 2023. Kevin Wolf/Pool via Reuters By Reuters The Qatari prime minister held secret talks with the supreme leader of the Taliban this month on resolving tension

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Russian Foreign Ministry spokeswoman slams NATO as ‘escalation’ factor in Kosovo

By Anadolu Agency Russian Foreign Ministry spokeswoman Maria Zakharova slammed the NATO Kosovo Force (KFOR) on Tuesday as “an escalation factor” in recent clashes in Kosovo. In a statement on the ministry’s website, Zakharova said the crisis in the municipalities of Zvecan, Zubin Potok and Leposaviс could be settled through finding a compromise, but “it

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South Africa skirts Vladimir Putin ICC arrest with diplomatic immunity

South Africa’s President Cyril Ramaphosa/AFP By The East African South Africa will grant diplomatic immunity to all international officials attending the BRICS summit in August, a move that will allow Russian President Vladimir Putin to avoid arrest. South Africa’s International Relations and Cooperation Minister Naledi Pandor issued a gazette notice on Monday extending its Diplomatic

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Somalia’s dodgy defense minister is seeking military support from the UK

A Photograph appear on the Internet Somalia’s Minister of Defence, Abdulkadir Mohamed Nur, today held a special meeting with the new British Ambassador to Somalia, Mr. Michael Nithavrianakis. The Minister and the Ambassador exchanged issues on defense and security cooperation between Somalia and the United Kingdom. Read: Exclusive: Somalia President Hassan Sheikh intends to sell

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Kenya revives push by African nations to ditch the dollar

President William Ruto has asked African leaders to take first steps towards ditching the globally-bullish US dollar. File Photo/Shutterstock By Business Daily Africa President William Ruto has asked African leaders to take first steps towards ditching the globally-bullish US dollar by signing up to a pan-African payments system to facilitate trade within the continent. Dr

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