Business

Vibrant illustration of Tanzanian landscapes and currency, symbolizing financial growth and development in Tanzania.

IMF Approves Disbursement of $448 Million to Tanzania

Elena Morales June 29, 2025 0

The IMF has approved a disbursement of $448.4 million to Tanzania. The funds will be allocated under two arrangements: Extended...

A lively bar with empty tables and chairs, vibrant colors, reflecting quietness in a busy area, showcasing a Latin American urban vibe.

Crime Costs Chile $8 Billion a Year as Violence Chokes Economic Growth

Lila Patel June 28, 2025 0

Chile loses $8.2 billion annually to rising crime. Local businesses like La Piojera are closing earlier due to violence. Murder...

A scenic view of Brazil's lush agricultural landscape, reflecting the nation's economic resilience, in vibrant greens and earthy tones.

Brazil Power Regulator Warns of Potential Shutdown Due to Budget Cuts

Aiden O'Connor June 27, 2025 0

Brazil's power regulator warns of imminent power shutdowns due to budget cuts. Eletrobras actively pursuing BTG for potential Eletronuclear stake...

Vibrant landscape showcasing marine life and sustainable fishing, illustrating Comoros' blue economy potential.

Comoros Economic Update: An Ocean of Opportunities – Blue Economy as a Driver of Sustainable Growth

Jasper Nguyen June 26, 2025 0

Comoros' economy is recovering with a projected growth of 3.4% in 2024, yet it continues to face issues of poverty...

A scenic view of the Mallay Silver Mine in Peru featuring rugged terrain and mining structures under a bright sky.

Excellon Resources Completes Acquisition of Mallay Silver Mine in Peru

Sofia Ibrahim June 25, 2025 0

Excellon Resources Inc. has finalized its acquisition of Minera CRC SAC, which owns the Mallay Silver Mine in Peru. The...

A vibrant abstract representation of economic transformation featuring gears and currency symbols in a bold color scheme.

Inside Central Bank’s High-Stakes Battle for Stability

Lila Patel June 25, 2025 0

Nigeria is experiencing an economic transformation initiated by the Central Bank under Governor Olayemi Cardoso. His tenure marks a shift...

A dynamic visual of Chile's economy, featuring abstract graphs and gears in vibrant colors representing growth and reform.

IMF Urges Chile to Implement Reforms to Stimulate Economic Growth

Jasper Nguyen June 25, 2025 0

The IMF recommends that Chile adopt structural reforms to address its economic slowdown, focusing on investment efficiency, labor participation, and...

An abstract representation of offshore oil and gas fields with oil rigs and ocean waves in vibrant greens and blues.

Woodside to Sell Trinidad and Tobago Assets to Perenco for $206 Million

Elena Morales June 23, 2025 0

Woodside is set to sell its Greater Angostura assets in Trinidad and Tobago to Perenco for $206 million. This includes...

A conceptual illustration of economic growth obstacles, featuring abstract blocks and charts in muted colors.

Tanzania’s Private Sector Voices Concerns Over Proposed Fiscal Measures in 2025/26 Budget

Jasper Nguyen June 23, 2025 0

Tanzania's private sector expresses alarm over proposed fiscal measures in the 2025/26 budget, particularly a 10% withholding tax on retained...

An artistic depiction of Bitcoin adoption resembling a vibrant geo-technical landscape with volcano motifs.

El Salvador’s Evolving Crypto Regulations and Challenges

Elena Morales June 22, 2025 0

El Salvador remains committed to Bitcoin despite IMF scrutiny, maintaining its legal tender status but shifting to voluntary acceptance. Regulatory...