Egypt Announces Significant Wage Increases and Social Support Package
Egypt plans to increase public sector wages to EGP7,000 per month starting in July, matching recent increases in the private...
economics
Trump Revokes Chevron’s Venezuela Waiver, Impacting Oil Exports
President Trump has canceled Chevron's waiver allowing operations in Venezuela, citing electoral reform and migration concerns. This revocation affects Chevron's...
Oil Prices Increase Following Trump’s Revocation of Chevron’s Venezuela License
Oil prices rose on Thursday after President Trump revoked Chevron's operating license in Venezuela, which is expected to tighten global...
Argentina Ends 50-Year Live Cattle Export Ban to Boost Economic Growth
Argentina has lifted its 50-year ban on live cattle exports to foster economic growth and enhance competitiveness in the agricultural...
Senegal Achieves Record Economic Growth Driven by Oil Exports
Senegal's economy surged 8.9% in Q3 due to oil exports, with an anticipated 9.3% growth in 2024. Growth may spike...
Fidelity International Declares Current China Rally as Fundamentally Driven
Fidelity International's portfolio manager George Efstathopoulos notes that the current rally in Chinese markets, especially in technology shares, is fundamentally...
Ghana’s Government Revokes Controversial Oil Merger Order for Strategic Benefits
Ghana's new administration has invalidated a previous order mandating a merger between international oil companies Eni and Vittol with local...
South Africa’s Strategies to Attract 15 Million Tourists by 2030
South Africa aims to draw 15 million tourists by 2030 through streamlined visa processes and the Trusted Tour Operator System...
Trump Revokes Chevron Permit, Striking a Blow to Venezuela’s Economy
President Trump has revoked Chevron's permission to operate in Venezuela, hindering the economy under Nicolás Maduro. The decision stems from...
Zambia’s Currency Faces Pressure Amidst Regional Stability in Other African Economies
Zambia’s kwacha is under pressure due to high demand for hard currency. The naira is stable with central bank support,...
