A gas cooker is seen in Boroughbridge, northern England November 13, 2012. Reuters/Nigel Roddis/ By Reuters British consumer energy debt is already at an all-time high, a survey showed on Wednesday, with six million households owing an average of 206 pounds ($249) to providers, before bills leap in October and again in January. Energy bills

State House in Nairobi By Business Daily Africa The winner of Kenya’s presidential election will have an in-tray full of economic and political challenges to solve when he assumes office. The polls happened in the middle of an economic crisis, with the country struggling with inflation that was at a five-year high of 8.3 percent

Credit Anadolu Agency/Turkish President Recep Tayyip Erdoğan Turkish President Recep Tayyip Erdoğan spoke on the phone with corrupt Somali President Hassan Sheikh Mohamoud last night on Sunday. President Erdoğan stressed that Turkey will continue to stand by the Somali people and support the peace and stability of Somalia. The phone conversation comes a little over

Turkish President Recep Tayyip Erdogan (L) and Russian President Vladimir Putin (R) meet in Sochi, Russia on August 05, 2022. ( Photo Credit: Kremlin Press Office ) By Anadolu Agency Turkish President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin on Friday underlined the importance of exports of Russia’s grain and fertilizers. In a

High-rise apartments under construction can be seen in the distance behind a row of residential housing in south London, Britain, August 6, 2021. Reuters/Henry Nicholls By Reuters House prices in Britain fell the first time in more than a year in July in monthly terms and the market is likely to weaken further as interest

By Reuters It’s been a good month for bitcoin – and we haven’t said that for a while. After months of freefall, it jumped more than 17% in July, its best performance since October. Ether rose 57%, its strongest monthly gain since January 2021. The rally was in step with gains of riskier assets such

This photo supplied by Lucapa Diamond Company on Wednesday, July 27, 2022, shows the 170 carat pink diamond, right, recovered from Lulo, Angola. A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the largest such gemstone found in 300 years. Called the “Lulo Rose,” the diamond was

A employee arranges produce inside a Sainsbury’s supermarket in Richmond, west London, Britain, June 27, 2022. Picture taken June 27, 2022. Reuters/Henry Nicholls/File Photo By Reuters The British public’s expectations for inflation fell again in July, a survey showed on Monday, potentially adding to the case for the Bank of England (BoE) to increase interest

By Business Daily Africa Nine in 10 companies operating in Kenya did not pay taxes in the year to June, pointing to widespread avoidance that leaves a few firms to shoulder the burden of funding the government. Data from the Kenya Revenue Authority (KRA) shows a modest 84,428 out of the 759,164 firms registered for

Venezuela’s President Nicolas Maduro Reuters/Leonardo Fernandez Viloria By Reuters London’s High Court has rejected President Nicolas Maduro’s latest efforts to gain control of more than $1 billion of Venezuela’s gold reserves stored in the Bank of England’s underground vaults in London. The court ruled on Friday that previous decisions by the Maduro-backed Venezuelan Supreme Court,