US Treasury Secretary Janet Yellen. Photo/ AFP By Business Daily Africa The US government has revealed that emergency loans from the International Monetary Fund (IMF) cushioned Kenya’s economy from near collapse amid protests from Kenyans over the mounting public debt. US Treasury Secretary Janet Yellen asked the US Congress to continue providing support to the

A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul, Turkey, March 29, 2019: Credit to Photo Reuters By The Associated Press Yearly inflation in Turkey hit 61.14% on Monday, climbing to a new 20-year high and deepening a cost of living crisis for many households. The Turkish Statistical Institute said consumer prices

Cars intended for export wait at the port for loading, as the spread of the coronavirus disease (COVID-19) continues in Bremerhaven, Germany, April 24, 2020. REUTERS/Fabian Bimmer By Reuters German exports and imports jumped more than expected in February, the Federal Statistics Office said on Monday, with the effects of the war in Ukraine yet

A U.S. Army Terminal High Altitude Area Defense (THAAD) weapon system is seen on Andersen Air Force Base, Guam, October 26, 2017. U.S. Army/Capt. Adan Cazarez/Handout via Reuters. By Reuters Berlin is considering buying a missile defence system from Israel or the United States to defend against threats including Russian Iskander missiles in Kaliningrad, German

Britain’s Home Secretary Priti Patel speaks at a Coronavirus disease related news conference at Downing Street: Credit to Photo Reuters The Guardian By Rob Davies Profits at a PPE company that secured support from the home secretary, Priti Patel, as it lobbied ministers for UK government contracts have soared after it won £216m in taxpayer-funded

File – Britain’s Chancellor of the Exchequer Rishi Sunak holds a press conference in the Downing Street briefing room, London, Thursday Feb. 3, 2022. People across the United Kingdom will face tough choices in coming months as energy costs for millions of households are set to rise by 54% on Friday. It’s the second big

File – In this photo released by Xinhua News Agency, Chinese Foreign Minister Wang Yi, right, stands next to Mullah Abdul Ghani Baradar, acting deputy prime minister of the Afghan Taliban’s caretaker government, in Kabul, Afghanistan, Thursday, March 24, 2022. China’s ambitions to play a major hand in Afghan stability and economic development under the

File- French President Emmanuel Macron speaks during a media conference, after an extraordinary NATO summit and Group of Seven meeting, at NATO headquarters in Brussels, Thursday, March 24, 2022. (AP Photo/Thibault Camus, File) By Reuters French President Emmanuel Macron on Tuesday told his Russian counterpart, Vladimir Putin, that it was not possible for Western gas

By Business Daily Africa Debt repayments will for the first overtake the national government’s recurrent spending on items like civil servant salaries under President Uhuru Kenyatta’s successor in the year starting July, underlining the burden of mounting State borrowing. Treasury chiefs project in the supplementary budget under parliamentary review that Kenya will spend Sh1.36 trillion

By Anadolu Agency The Russian president on Monday instructed the government, central bank, and Gazprom company to switch to rubles by March 31 the payments for the deliveries of gas to “unfriendly countries.” President Vladimir Putin also called for a report on the implementation of the assignment on March 31, a statement on the Kremlin