By The Associated Press Europe’s energy crisis loomed larger Friday after Russian energy giant Gazprom said it couldn’t resume the supply of natural gas through a major pipeline to Germany for now. The company cited what it said was a need for urgent maintenance work to repair key components — in an announcement made just

By Reuters The U.S. State Department has approved a potential $1.1 billion sale of military equipment to Taiwan, including 60 anti-ship missiles and 100 air-to-air missiles, with China threatening to take counter measures. The Pentagon announced the package on Friday in the wake of China’s aggressive military drills around Taiwan following a visit to the

By Anadolu Agency Argentine Vice President Cristina Fernandez de Kirchner gave testimony for 50 minutes Friday at her apartment in Buenos Aires after an assassination attempt was made on her life. Authorities are trying to determine if a sole suspect acted alone after they arrested a man for pointing a gun at Kirchner late Thursday.

By Anadolu Agency Russia will suspend the supply of oil and petroleum products to countries that have agreed to cap prices of Russian oil, Russian Tass News Agency quoted Deputy Prime Minister Alexander Novak as saying on Thursday. Novak’s remarks came before a meeting of G-7 finance ministers later Friday to discuss a global price

By Reuters The pound steadied on Friday as some calm returned at the end of a bruising week in which concerns about the UK’s deteriorating economic outlook, the policy direction under a new prime minister and demand for dollars all hurt the British currency. Sterling is on course for a weekly fall of nearly 1.5%

In this handout picture provided by the Indian Navy, INS Vikrant, India’s first indigenously-built aircraft carrier, sails for sea trials from Kochi, India, Thursday, Aug. 25, 2022. India on Friday commissioned its first home-built aircraft carrier. (Indian Navy via AP) By The Associated Press India commissioned its first home-built aircraft carrier Friday as it seeks

Industrialization By The African Exponent Africa has a working-age population representing 60% of its population, and it does not face a domestic labor shortage. Industrialization is the period of economic and social change that turns a human group from an agrarian to an industrial society. Industrialization entails the complete re-organization of an economy and has

By Reuters The second phase of Senegal’s Greater Tortue Ahmeyim (GTA) gas project will need investments worth around $5 billion and could start in 2024 or 2025, Senegal’s President Macky Sall said on Thursday. BP and U.S.-listed Kosmos Energy are leading the development of GTA and Yakaar-Teranga, Senegal’s first natural gas projects. The first phase

Joint statement issued by the ministries of finance of the states of the federal republic. They stopped working with the Ministry of Finance and severed their relationship. The statement said that the five regional state agreements that took place in Addis Ababa, Kismayo, Kampala, Nairobi and Mogadishu, were broken by the ministry and therefore, the

By Reuters The Turkish central bank’s net international reserves fell $1.26 billion to $12.62 billion in the week to Aug. 26, central bank data showed on Thursday. The exchange rate used by Reuters on Thursday was 18.1466. In early August, the net forex reserves touched $15.68 billion, their highest level since late April but have