In the heart of Sudan’s conflict-ridden Darfur region, the city of El-Fasher has become a symbol of desperation, resilience—and the terrifying uncertainty of what comes next. Over the past few days, at least 57 civilians have been killed, with hundreds more wounded or displaced, as clashes intensify between Sudan’s army and the powerful paramilitary group…
The global economy may be wobbling, but a full-blown recession isn’t part of the forecast—at least not yet. That’s the message from International Monetary Fund (IMF) Managing Director Kristalina Georgieva, who addressed reporters in Washington on Thursday ahead of the IMF and World Bank’s annual Spring Meetings. While she acknowledged that US President Donald Trump’s…
In a bold and fiery escalation, California is taking the Trump administration to court over the president’s controversial and unpredictable tariff policies. Governor Gavin Newsom and Attorney General Rob Bonta announced the lawsuit on Wednesday, accusing former President Donald Trump of overstepping his constitutional authority and jeopardizing the nation’s economic stability. “This is the worst…
Tokyo led a rally in Asian markets on Thursday, as hopes for a breakthrough in Japan-US trade talks helped offset concerns sparked by Federal Reserve Chair Jerome Powell’s stark warning about the economic risks of President Donald Trump’s aggressive tariff strategy. Markets across the region breathed a little easier after signs emerged that trade negotiations…
The U.S.-China trade dispute is heating up once more, with Beijing telling Washington to “stop threatening and blackmailing” after President Donald Trump reiterated that it’s up to China to return to the negotiating table. At the heart of the renewed tension is Trump’s aggressive new round of tariffs—some reaching as high as 145% on Chinese…
In a major step toward modernizing its financial infrastructure, Panama City has officially approved a policy that allows residents to pay for public services using cryptocurrency. The new system permits the use of Bitcoin, Ethereum, USD Coin (USDC), and Tether (USDT) for transactions such as taxes, permits, and government fines. This development, approved by the…
In a major shake-up across its African operations, global accounting giant PricewaterhouseCoopers (PwC) has announced the closure of its offices in nine Sub-Saharan African countries as part of a broader strategic review. According to a statement published on the firm’s website, PwC is exiting Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, the Democratic Republic of Congo,…
In a move that could offer some relief to motorists and oil marketers, the Dangote Petroleum Refinery and Petrochemicals has once again reduced the ex-depot (gantry) price of petrol—this time to ₦835 per litre. This marks the second price slash by the $20 billion Lagos-based refinery in April, reflecting an apparent shift toward more consumer-friendly…
In a move that has sent ripples through Nigeria’s humanitarian sector, the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) is preparing to shut down its operations in the country. This significant development was confirmed by Nigeria’s Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Goshwe, during a Validation Workshop on the…
U.S. Special Envoy Steve Witkoff clarified the administration’s firm stance on Iran’s nuclear ambitions on Tuesday, stating that any final agreement must involve a complete halt to uranium enrichment and weaponization activities. His remarks mark a sharp pivot from what appeared to be a more flexible tone just a day earlier. “Any final arrangement must…
