In a move that has once again put him at odds with the Federal Reserve, President Donald Trump on Wednesday called for interest rate cuts, arguing that lower rates would complement his administration’s latest round of tariffs. “Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!!” Trump wrote in…
Egypt has strongly opposed U.S. President Donald Trump’s proposal to displace Palestinians from Gaza, with Foreign Minister Badr Abdelatty reaffirming Arab states’ collective stance against the plan. During a meeting with U.S. Secretary of State Marco Rubio in Washington on Monday, Abdelatty emphasized the need to support Palestinians within Gaza, rather than forcing them out….
Romanian President Klaus Iohannis has announced his resignation, stepping down from office as the country faces growing political turmoil following the annulment of last year’s presidential election. The President decision comes just as lawmakers launched impeachment proceedings against him, amid rising tensions over alleged Russian interference in the electoral process. The controversy began when Romania’s…
The Norwegian Refugee Council (NRC) announced on Monday that it has been forced to suspend its aid programs in nearly 20 countries. The decision comes in response to the U.S. government’s recent freeze on foreign assistance under President Donald Trump’s administration. For the first time in its history, the NRC—a leading international humanitarian organization—has had…
President Donald Trump is set to introduce new 25% tariffs on all steel and aluminum imports into the United States, further escalating tensions in global trade. The announcement, expected on Monday, will add to the existing duties on metal imports and could lead to retaliatory measures from key trading partners. The European Union has already…
U.S. President Donald Trump has ordered the Treasury Department to halt the production of the one-cent coin, commonly known as the penny. The decision comes amid concerns about the rising cost of minting the coin, which costs more to produce than its actual value. Trump announced the directive via his social media platform, stating: “For…
Israeli Prime Minister Benjamin Netanyahu has reaffirmed his commitment to eliminating Hamas and securing the release of all Israeli hostages held by the group. His statement came after a fifth hostage-prisoner exchange took place on Saturday as part of a ceasefire deal in Gaza. In a video statement, Netanyahu declared, “We will eliminate Hamas, and…
Iran has expressed willingness to negotiate with the United States but firmly rejected any discussions under the “maximum pressure” approach championed by US President Donald Trump. Iranian Foreign Minister Abbas Araghchi made this clear in a statement published on Telegram on Saturday, emphasizing that diplomacy cannot take place under coercion. “The lifting of sanctions requires…
In a bid to address the escalating crisis in the Democratic Republic of Congo (DRC), a high-level summit of African leaders convened in Tanzania on Saturday, urging an “immediate and unconditional ceasefire” within five days. The meeting brought together key figures from the East African Community (EAC) and the Southern African Development Community (SADC), including…
The ongoing trade war between the United States and China is reshaping the global economic landscape, and Africa is poised to reap some unexpected benefits. According to the January 2025 edition of the Pan-African Manufacturers Association (PAMA) bulletin, the tensions between these two economic giants could lead to increased foreign direct investment (FDI) in Africa’s…
