By The African Exponent Inflation has long been regarded as one of the world’s greatest enemies to wealth creation because it erodes the value of money. In Africa, inflation is so persistent, though many of those who are affected are unaware of it. They do, however, feel the impact in the form of higher costs

By Anadolu Agency Russia’s war on Ukraine will have severe economic consequences for Europe, coming at a time when economic recovery from the coronavirus pandemic was incomplete, the International Monetary Fund (IMF) said in a report on Friday. “Large increases in commodity prices and compounded supply-side disruptions will further fuel inflation and cut into households’

File – Tourists arrive at Suvarnabhumi International Airport in Bangkok, Thailand, Monday, Nov. 1, 2021. Thailand announced Friday, April 22, 2022, that visitors who are fully vaccinated against the coronavirus will no longer need to undergo any test or quarantine on arrival starting May 1, a measure the authorities hope will help rejuvenate the country’s

By Anadolu Agency After the deployment of US soldiers in Taiwan was confirmed last year by President Tsai Ing-wen, new reports suggest American troops are setting up a “training ground” on the self-ruled island. Taiwanese troops are also reportedly getting lessons from US soldiers on how to operate the M1A2T Abrams tank, said local media.

A person pushes a shopping cart next to the clubcard price branding inside a branch of a Tesco Extra Supermarket in London, Britain, February 10, 2022. Picture taken February 10, 2022. Reuters/Paul Childs By Reuters Britain’s economy is losing steam as households face a tightening cost-of-living squeeze, according to data published on Friday which showed

Former President Mwai Kibaki By Business Daily Africa Former President Mwai Kibaki, who ended President Daniel Moi’s 24-year rule, has died at the age of 90, State House announced on Friday. President Uhuru Kenyatta issued a presidential proclamation on Friday announcing the passing on of the retired President who also served as Kenya’s fourth Vice

Ethiopian men, drawn by rumours on social media, queue to register to join Russian forces fighting in Ukraine, outside the Russian embassy in Addis Ababa, Ethiopia April 19, 2022. Picture taken April 19, 2022. Reuters /Tiksa Negeri By Reuters The queues formed early each morning outside the Russian embassy in Ethiopia’s capital Addis Ababa. Drawn

File – Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin on Dec. 1, 2020. Musk says he has lined up $46.5 billion in financing to buy Twitter, and he’s trying to negotiate an agreement with the company. The Tesla CEO says in documents filed

Britain’s Prime Minister Boris Johnson waves as he boards a plane at Stansted Airport, northeast of London, on Wednesday, April 20, 2022, for a visit to India. Johnson is due to visit the western state of Gujarat and meet Prime Minister Narendra Modi in New Delhi on the two-day trip that starts Thursday. (Ben Stansall/Pool

Smoke rises above a plant of Azovstal Iron and Steel Works company during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 20, 2022. REUTERS/Alexander Ermochenko By Reuters President Vladimir Putin claimed victory in the biggest battle of the Ukraine war on Thursday, declaring the port of Mariupol “liberated” after nearly two months