Bank of England faces ultimate test in battle against inflation, Bailey says

People walk past the Bank of England in London, Britain, October 17, 2017. Reuters/Hannah McKay By Reuters The Bank of England’s independence will be put to the ultimate test as it seeks to bring inflation back down to its 2% target from more than 9%, Governor Andrew Bailey said on Tuesday. The cost-of-living squeeze is

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Special MPs sitting to ratify Sh9bn UK-Kenya military pact

Credit to Photo Facebook/Kenya lawmakers at Parliament Buildings By Business Daily Africa Kenya has recalled its MPs to a special session that will renew a Sh9 billion defence pact with the United Kingdom and a raft of other laws a month before the election. The National Assembly reconvenes Wednesday to consider among other businesses the

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Russian, Turkish, Iranian presidents to meet in Tehran next week

By Anadolu Agency Russian President Vladimir Putin will travel to Iran’s capital Tehran on July 19 to take part in a trilateral meeting with Iranian President Ebrahim Raisi and Turkish President Recep Tayyip Erdogan, the Kremlin spokesman said on Tuesday. Putin will also hold a separate bilateral meeting with Erdogan, Dmitry Peskov told a press

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UK military killed over 50 detainees, unarmed men in Afghanistan, investigation finds

File Photo Anadolu Agency / Source: UK Army By Anadolu Agency More than 50 detainees and unarmed men were killed by British troops in Afghanistan, according to newly obtained military reports and an investigation by the BBC. BBC Panorama program, which is to be aired on Tuesday night, looked into documents of operations by the

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UN projects world population will reach 8 billion on Nov. 15

File – Indians wearing face masks as a precaution against the COVID-19, crowd a market, in Mumbai, India, on Jan. 7, 2022. The United Nations estimated Monday, july 11, 2022 that the world’s population will reach 8 billion on Nov. 15 and that India will replace China as the world’s most populous nation next year.

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Sir Mo Farah reveals he was trafficked into the UK using another child’s name

Credit to Photo Facebook/Sir Mo Farah The Guardian By Sean Ingle Sir Mo Farah has revealed that he was illegally trafficked into Britain under the name of another child as a nine-year-old and forced into domestic servitude. The four-time Olympic champion had previously claimed he had left Somalia aged eight to join his father, after

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African states’ private debts three times that owed to China

A trader changes dollars with naira at a currency exchange store in Lagos, Nigeria. Reuters/Joe Penney/File Photo By Reuters African countries’ debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just over half, according to a report published on Monday amid a debate about the role of

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China warns Asian nations to avoid being used as ‘chess pieces’ by big powers

Chinese Foreign Minister Wang Yi during a meeting in Nusa Dua, Bali, Indonesia July 9, 2022. Stefani Reynolds/Pool via Reuters By Reuters China’s foreign minister Wang Yi warned on Monday in a policy speech in the Indonesian capital that countries should avoid being used as “chess pieces” by major powers in a region that he

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Somalia’s president Hassan Sheikh speaks to parliament for Israel ties

File Photo/Somali Times Somali government lead by Hassan Sheikh Mohamoud speaks to parliament soon for Israel ties between Mogadishu and Jerusalem. According to The Times of Israel reported earlier this year a diplomat close to Hassan Sheikh Mohamoud said his re-election opened door to relations between Mogadishu and Jerusalem. A spokesperson for Somalia’s president said

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Dictator Isaias Afwerki, Hassan Sheikh visits Somali troops formed Eritrea

Somalia’s President Hassan Sheikh Mohamoud, accompanied by Dictator Isaias Afwerki, visits Somali troops formed Eritrea president Isaias Afwerki, inspected the Eritrea military training camp in Somali troops. For the first time, the media reported that Somali troops were being trained in Eritrea, where they were visited by the corrupt president of Somalia and the president

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