The United States dollar fell on Wednesday, August 13, 2025, as new economic data pushed more investors to believe that the U.S. Federal Reserve will cut interest rates in September. …
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Bank of Uganda Maintains Key Lending Rate at 9.75% Over Inflation and Global Economic Concerns
Uganda’s central bank has decided to keep its main lending rate unchanged at 9.75 per cent for the fourth time in a row, as the country continues to monitor global …
Tesla’s board of directors has offered Chief Executive Officer, Elon Musk, a fresh stock award worth nearly $30 billion in a bid to keep him committed to leading the electric …
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US Tariffs, Economic Signals Shake Global Markets
Global financial markets started the new week in a cautious mood as investors prepare for a series of important economic reports from the United States and the rollout of new …
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Portugal Plans €137m Power Upgrade After Blackout
The Government of Portugal has announced a major plan to boost the country’s electricity system after a massive blackout in April disrupted power supply across Portugal and Spain, leaving millions …
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EU, US Seal $750bn Energy Deal Amid Russia-Ukraine War
The European Union (EU) has signed a major energy trade agreement with the United States, committing to buy $750 billion worth of hydrocarbons over the next three years. The agreement, …
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Namibia Holds First Genocide Remembrance, Seeks German Reparations
Namibia has held its first Genocide Remembrance Day to honour thousands of Herero and Nama people killed by German colonial forces in what is widely regarded as the first genocide …
The World Health Organisation (WHO) has raised fresh concerns over the growing number of children who are missing out on vital vaccinations across the world. According to the organisation, more …
President Donald Trump and Republican lawmakers in the United States have moved forward with a new plan to reduce government spending by approving a controversial $9 billion cut. The cuts …
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Zimbabwe Diamond Firm Sacks 400 Workers as Global Gem Prices Crash
Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest diamond mining firm, has announced it is laying off 400 workers due to a global slump in the market for natural diamonds. …