The Necessity of Borrowing in Kenya Amidst Rising Living Costs
In Kenya, over one-third of the population is increasing borrowing due to high living costs and delayed income. Shifting from...
economics
South Africa Plans Increased Health and Defense Spending Following U.S. Aid Cuts
South Africa's lawmakers aim to increase health and defense funding following U.S. aid cuts, proposing a 0.5% VAT increase that...
Aleksej Besciokov, Garantex Operator, Arrested in India for Money Laundering
Aleksej Besciokov, an operator of the sanctioned Russian cryptocurrency exchange Garantex, was arrested in India for money laundering conspired activities....
South Africa’s Revised Budget Proposes Smaller VAT Hike Amid Coalition Tensions
South Africa's National Treasury proposed a smaller VAT hike to address coalition government disputes, suggesting a 0.5 percentage-point increase. The...
Mexico Delays Tariff Retaliation Amid Ongoing U.S. Negotiations
Mexico is postponing its retaliation against U.S. tariffs on steel and aluminum imports as discussions are ongoing to avoid further...
Epcoro Sets Ambitious Goal of $1 Billion in Gold Purchases for 2023
Epcoro, Bolivia's state gold trader, aims for $1 billion in purchases this year to enhance central bank reserves. The firm...
Culinary Excellence at Merito: A Fusion of Peruvian and Venezuelan Flavors
Merito in Lima, Peru, is led by Chef Juan Luis Martinez, who skillfully combines Peruvian and Venezuelan cuisines. Signature dishes...
Finance Minister Rejects Taxpayer Bailout for Bank of Ghana
Finance Minister Dr. Cassiel Ato Forson rejects using taxpayer funds to support the Bank of Ghana’s ¢60 billion deficit. He...
Bolivia’s YPFB to Utilize Cryptocurrency for Energy Imports Amid Dollar Shortage
Bolivia's YPFB is set to transact in cryptocurrency for energy imports due to dollar shortages. This shift is happening amid...
IMF Advocates for Unified Reforms to Stimulate Lebanon’s Economic Recovery
The IMF has urged Lebanon to enact a unified financial reform programme to enhance economic recovery and regain investor confidence....
