Russian Central Bank Cuts Key Rate to 16.5% as Economy Slows
The Russian Central Bank on Friday announced that it was cutting the key interest rate to 16.5%, down half a percentage point from 17%. The quarter-point reduction marks the fourth consecutive rate cut since June, when the bank began easing policy from a wartime peak of 21%. Analysts were split ahead of the decision. Most expected the bank to hold or cut more aggressively — underscoring uncertainty over how long tight monetary conditions can coexist with slowing output a
From skies to depths: China achieves breakthroughs in key sectors during 14th Five-Year Plan period
During the 14th Five-Year Plan period (2021-2025), China has made significant breakthroughs in self-innovation and integrated...
A Turning Point That Never HappenedEyewitnesses Recall the Wagner Mercenary Mutiny 2 Years Later
A former employee of Yevgeny Prigozhin’s “troll factory,” a graduate student who found himself near the fighting and a soldier from...
DRC signs major mining deal with U.S.-backed KoBold Metals
The Democratic Republic of Congo has signed a framework agreement with American mining firm KoBold Metals to explore critical mineral...
Cameroon's presidential election gathers momemtum as candidates file for the October vote
Candidates are starting to vie for position in Cameroon's October presidential election. Candidacy submissions in Cameroon officially...
DR Congo and Rwanda-backed M23 sign ceasefire deal to end fighting in eastern DRC
In a significant step toward ending years of violence, the M23 rebel group and the government of the Democratic Republic of Congo (DRC)...
Nelson Mandela International Day 2025: The power to end poverty is in our hands
Former South African President Nelson Mandela was born on July 18, 1918. In 2006, the United Nations declared July 18 Nelson Mandela...
Russia’s fertilizer exports to BRICS soaring – industry
Bloc members, especially Brazil, have replaced the EU as Moscow’s top buyers, according to the fertilizer producers’ union Russian...
Ghana cracks down on gold smuggling with new multi-agency task force
Ghana's president launched a special task force on Tuesday to combat rampant illegal gold mining and smuggling that has long plagued the...
SMES under pressure as business confidence hits four-year low in South Africa
Small businesses in South Africa are feeling the heat as new data shows business confidence has fallen to its lowest level since July...
