Kenya’s Forex Reserves Reach Historic High of $10.59 Billion
Kenya's forex reserves hit a historic $10.59 billion, driven by strong remittances and a stable shilling. The reserves offer over...
economics
Lack of Rain in Brazil Boosts Coffee Prices
Coffee prices have surged in Brazil due to a severe drought affecting crop yields. Lack of rainfall, especially in major...
US Ambassador Highlights Corruption as Major Challenge for Zimbabwe
US Ambassador Pamela Tremont referred to corruption as a "cancer" during Independence Day celebrations in Harare. She indicated that it...
Brazil Set to Launch Recurring Payments Feature for Pix on June 16
Brazil's central bank will launch Pix Automático on June 16, enabling single-consent recurring payments. This feature promises to streamline billing,...
Argentina’s Declining Birth Rate Reflects Profound Demographic Changes
Argentina's birth rate has fallen nearly 40% over the last decade, hitting a record low. In 2023, there were 460,902...
Brazil to Present Fresh Fiscal Package in Bid to Balance Public Accounts
Brazil's Finance Minister Fernando Haddad announced that the government will reveal a new fiscal package on Tuesday aimed at balancing...
June South Africa Rand Forecast: USD/ZAR Soars Toward R17 on Auto Sales, SARB Cuts
The South African rand is gaining strength, up 0.7% against the US dollar. This bounce is attributed to a surge...
Kenyans Face Burgeoning Tax Burden Amid Rising Costs and Public Outcry
Kenyans face rising payroll taxes and increased costs of living due to government measures aimed at raising revenue amidst mounting...
Iran Poised to Reject U.S. Nuclear Proposal Amid Ongoing Tensions
Tehran considers rejecting a U.S. nuclear proposal due to its insistence on halting uranium enrichment. Gold prices rise slightly amid...
China Is Waking Up from Its Property Nightmare
China's property sector shows signs of recovery as luxury sales surge and inventory issues ease in major cities. Despite ongoing...
