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CATEGORY

Economy

Biden Waives-Off Millions Of Student Loans; Chances Of Inflation High

UNITED STATES: President Joe Biden said Wednesday that the U.S. government will forgive $10,000 in student loans for millions of former college students who...

Crypto Exchange FTX Asked To Stop By United States

UNITED STATES: A U.S. banking regulator on Friday ordered crypto exchange FTX to abstain from posting what it called "false and misleading" claims by...

IMF Envoy To Visit Sri Lanka Soon, Says Central Bank Governor

Sri Lanka: The island nation of Sri Lanka, currently teetering on the edge of economic and political crisis, seems to have made "good progress"...

Rwanda, Tanzania Stock Markets Ranked Among Top Six in Sub-Saharan Africa

AFRICA: Rwanda and Tanzania stock markets were ranked among the top six that have impacted positively their shareholders in Sub-Sahara Africa. Analysts at the African...

Nigeria’s Inflation Rate Surges To 19.64 Per Cent, Highest in 17 Years

AFRICA. Nigeria: The National Bureau of Statistics (NBS) citing Consumer Price Index (CPI) has disclosed that Nigeria's inflation rate hit 19.64 per cent in...

New law For SEZs: Commerce Ministry Proposes Incentives To Revamp Special Economic Zones

INDIA: The commerce ministry under Piyush Goyal is proposing a series of direct and indirect incentives, such as deferral of import duties and exemption...

Rebuilding War-Torn Ukraine a Massive Project To ‘Cost Billions’, Says German Chancellor

GERMANY/UKRAINE: On Thursday, German Chancellor Olaf Scholz announced that he is planning to conduct an international conference in Berlin in October to discuss the...

73 Million USD To Feed 750,000 Ethiopian Refugees, As It Is Projected to Run Out of Food By October

AFRICA. Ethiopia: The World Food Program (WFP) is said to have a shortfall of food supply to 750,000 Ethiopian refugees by October this year...

US Announces $1 Billion in Additional Security Assistance For Ukraine

UNITED STATES/UKRAINE: The United States will provide $1 billion in security assistance to Ukraine, the single largest package using the president's drawdown authority, including...

Distraught Bangladeshis Queue Up at Gas Stations After 52% Surge in Fuel Prices

BANGLADESH: People were seen queuing up at fuel stations late at night across several parts of Bangladesh after the economy witnessed the prices of...

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