The war in Ukraine had magnified the slowdown in the global economy, which was now entering what could become “a protracted period of feeble growth and elevated inflation,” the World Bank said in its Global Economic Prospects report, warning that the outlook could still grow worse.
Last month German Foreign minister Annalena Baerbock, a leader of the Green Party, which entered a coalition government last fall with Prime Minister Olaf Scholz’s Social Democrats, pledged that Germany would stop importing oil from Russia by the end of 2022, and wean itself off Russian natural gas as soon as possible. In the short-term, that may mean finding alternative suppliers for fossil fuels, including the United States.
BY BART STAR-JAMES United States President Joe Biden does not seem to know where he is as history slowly turns its wheels of fortune to the east. A talking head of him or an acolyte frequently appears on our screens spewing out threatening diatribes of vindictiveness and sanctions against Russia completely oblivious of the imminent […]
Just 10 days ahead of a runoff that will determine who will lead the European Union’s second-largest economy for the next five years, polls show the centrist president is slightly ahead of his far-right rival, but the contest promises to be tight.
Mboweni, who served as Finance minister of South Africa from 2018 to 2021, stressed that a PFM law cannot achieve much without the acceptance and active support of a country’s political leadership, specifically the presidium and cabinet.
Boxing star Manny Pacquiao said on Sunday he will run for president of the Philippines next year, after railing against corruption in government and what he calls President Rodrigo Duterte’s cozy relationship with China. -REUTERS
Most of us have studied at least one foreign language in school. We studied vocabulary, sentence structures, formal and casual expressions, etc. This allows us to read and write in that language.Not as much emphasis is placed on speaking the language in school classrooms, however. And students who plan to travel to a foreign country, […]
The Germany Africa Business Forum (GABF), a private sector organisation committed to enhancing sustainable economic partnerships between Germany and Africa, will host a German Pavilion at African Energy Week (AEW) 2021 in Cape Town. Driving a strong investment narrative, the pavilion is dedicated to promoting Africa’s green hydrogen and natural gas potential to accelerate the […]
Before going on the drive, be sure you and the seller buckle your saftey belts, adjust your mirrors, and obey all posted signs. Now comes the all important test drive. Before you perform this, it is best to ask the seller to correct as many yellow boxes as possible, such as low engine oil and […]
Worth only mere cents when introduced to the public in 2010, Bitcoin has, slowly but surely, risen through the ranks. The digital currency evolved from being regarded as just a computer geek and libertarian dream to one of the most cherished currencies of the contemporary era. Bitcoin, along with the crypto market, witnessed a boom […]
LONDON — Raheem Sterling will complete a remarkable journey from vilified scapegoat to England legend if the forward inspires his side to victory in today’s Euro 2020 final against Italy. Sterling has been England’s most influential player during their historic run to a first major final in 55 years. Gareth Southgate’s side are one win […]