The Russian Embassy in the UK posted a twitter picture with the words ‘Lame’ and a picture of a duck; this was in response to actions by president Obama. He is removing 35 Russian diplomats from the US for hacking and interfering with the US election. Obama has ordered sanctions on Russia in an executive […]
Cairo, 08 April 2020: – The African Export-Import Bank (Afreximbank) today in Cairo released its audited financial statements for the year ended 31 December 2019, showing strong and consistent growth, with total comprehensive income of $324.2 million. The results, which reflected a net income of $313.3 million, 14.3 percent increase over the 2018 performance of $275.9 […]
Estimated reading time: 0 minutes Dubai set out a 32 trillion dirham ($8.7 trillion) economic plan on Wednesday that includes doubling foreign trade and investment over the next decade to boost its standing as a global financial hub. The emirate, part of the United Arab Emirates’ federation, is the Middle East’s business and finance centre. […]
The Air India-Boeing deal will create up to one million jobs across 44 states in the US. The deal will further deepen US-India bilateral trade ties, President Joe Biden has told Indian Prime Minister Narendra Modi during a call to announce the Air India-Boeing plane purchase deal. Boeing and Air India announced a mega deal […]
Estimated reading time: 2 minutes India and Singapore have linked their digital payments systems, UPI and PayNow, to enable instant and low-cost fund transfers in a major push to disrupt the cross-border transactions between the two nations that amounts to over $1 billion each year. The linkage between the two systems went live Tuesday, the […]
The United States economy expanded more rapidly than anticipated in the last quarter of 2023, avoiding a recession that many analysts had predicted, according to a report from the Commerce Department on Thursday. The Gross Domestic Product (GDP), representing the total goods and services produced, rose at an annualised rate of 3.3% in the fourth […]