Economy
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Italy’s Premier Meloni eyes boost in strong energy tires with Algeria
Italian Premier Giorgia Meloni is looking to boost already strong energy ties with Algeria to further wean Italy off Russian…
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Egypt signs $1.5 bln financing agreement with ITFC: Report
Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation (ITFC) to fund its trade…
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US can slow inflation without unemployment spike: Fed study
The US and other industrialized countries may be able to bring inflation down without triggering the huge jumps in unemployment…
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Asia’s richest man Adani plans on IPOs for at least five companies
Asia’s richest man, Gautam Adani, plans to sell shares to the public in at least five companies between 2026 and…
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Iran’s currency falls to record low amid isolation and sanctions
Iran’s troubled currency fell to a record low against the US dollar on Saturday amid the country’s increasing isolation and…
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We need to talk about Davos
The World Economic Forum is known for glitzy parties, exclusivity, and dealmaking – in addition to panels on topics ranging…
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Yellen says Russian oil price cap could save African countries $6 bln annually
Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting an unnecessary drag on the continent’s economy,…
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Iran’s oil gushes into global market as China imports surge
Iran’s oil exports are surging, offering solace to both Tehran and a global market fretting over the prospect of sanctions…
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UK shoppers cut back spending as inflation worsens
Inflation-pinched British shoppers unexpectedly cut their spending in December, official data showed on Friday, dashing hopes for a Christmas shopping…
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China to speed up construction of coal power plants this year
China is planning to accelerate construction of coal- and natural gas-fired power plants this year, even as massive investment in…
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