Representations of virtual cryptocurrencies are seen in this illustration taken November 28, 2021. Reuters/Dado Ruvic/Illustration By Reuters Central Africa’s regional banking regulator sent out a reminder on Friday about its ban on cryptocurrencies, weeks after the Central African Republic, a member state, made bitcoin legal tender. The Banking Commission of Central Africa which regulates the

Crtedit to Photo Twitter /POTUS By Anadolu Agency US President Joe Biden hailed on Friday relations with Asian partners, saying the US relationship with southeast Asian nations is “critical” to meeting shared challenges. “We’re committed to a future where the rules and norms that have made possible so much growth and prosperity, and stability Indo-Pacific

A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Friday, May 13, 2022. Asian shares bounced back Friday from losses earlier in the week, shrugging off data showing U.S. wholesale prices soared 11% in April from a year earlier.

General view of the Bank of England, in London(AP Photo/Alberto Pezzali) By Reuters Britain’s economy unexpectedly shrank in March, marking a weak end to the first quarter of a year when the risk of recession is looming and increasing pressure on the government to offer more support to inflation-hit households. Gross domestic product fell 0.1%

By Anadolu Agency The Russia-Ukraine war has wreaked havoc on commodity and energy prices and countries around the world are struggling with high inflation, which is hitting record levels. After a tough two years due to the coronavirus pandemic, the world economy was expected to recover quickly, but the war caused new problems for global

By Anadolu Agency The inflation rate in Germany hit 7.4% year-on-year in April, up from 7.3% in March, official data showed on Wednesday. “The inflation rate thus reached an all-time high for the second month in a row since German reunification,” Georg Thiel, president of the Federal Statistical Office (Destatis), said in a written statement.

Soccer Football – Premier League Stamford Bridge, London, Britain Reuters/Chris Radburn By The Associated Press Chelsea is being sold to a consortium fronted American sports investor Todd Boehly, ending 19 years of ownership and lavish investment by Roman Abramovich until the Russian oligarch was sanctioned and forced to offload the Premier League club. The deal

UK Chancellor of the Exchequer Rishi Sunak : Credit to Photograph Toby Melville/Reuters The Guardian By Richard Partington The pressure is mounting for Rishi Sunak – the question is when will he crack? After the Bank of England warned the economy was heading for a recession caused by the cost of living crisis, with inflation

General view of the Bank of England, in London, Monday, May 2, 2022. The Bank of England is expected to increase rates from 0.75% to 1%, the highest level since early 2009. (AP Photo/Alberto Pezzali) By The Associated Press The Bank of England is expected to raise its key interest rate to the highest level

File Photo: Rwanda’s President Paul Kagame Reuters/Michaela Rehle By The African Exponent When someone hears “African leaders”, the one impression that comes to their mind is corruption. Bribery and corruption have been a consistent practice of most African leaders with a history of fraudulent scandals – there are plenty of them and it doesn’t seem