Category: International Business & Finance
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Gang Violence in Haiti: Hospital Reopening Marred by Deadly Attack
On Christmas Eve, what should have been a day of hope for Haiti’s beleaguered capital, Port-au-Prince, turned into a scene of tragedy and violence. The reopening of the city’s largest public hospital, General Hospital, was overshadowed by a deadly attack attributed to gang members. The assault left two journalists dead, several others wounded, and claimed…
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🇳🇬 Nigeria’s Resurgent Oil Industry: The Warri Refinery Returns to Life
In a resounding declaration of progress, the Warri oil refinery, once a symbol of Nigeria’s battered energy infrastructure, roared back to life on December 30, 2024. After nearly a decade of silence, the refinery’s revitalized machinery now churns out 125,000 barrels per day at 60% capacity, a powerful sign of the country’s ambition to reclaim…
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🇫🇷 🇨🇮 Frances Decline in West Africa: The Unraveling of a Colonial Grip
By Panafrican.Email News Team The winds of change blow fiercely through the Sahel and West Africa. In a move that shakes the foundations of decades-old geopolitical dynamics, Ivory Coast has joined a growing list of nations severing military ties with France. President Alassane Ouattara, in a symbolic end-of-year address, announced that French forces would withdraw…
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Burkinabe Authorities Seize $2.28 Million Worth of Smuggled Gold Near Togo Border
Burkinabe customs and national police made a significant breakthrough in the fight against gold smuggling on Tuesday, December 17, 2024, by intercepting 28.6 kilograms of gold worth $2.28 million. The operation took place in Bittou, a city near the border of Togo, following an anonymous tip that exposed suspicious activities involving three individuals. The suspects…
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2024 Was the Year the Bottom Fell Out of the Games Industry
For people who make video games, 2024 was a year of holding on for dear life. At the annual Game Developers Conference in March, “Survive till ’25” was this year’s incantation, summoned to keep morale on pace. Others resorted to full-on screams, as layoffs in the industry charted record highs and developers found themselves under…
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Sudan government rejects UN-backed famine declaration
The Sudanese government rejected on Sunday a report backed by the United Nations which determined that famine had spread to five areas of the war-torn country. The Integrated Food Security Phase Classification (IPC) review, which UN agencies use, said last week that the war between Sudan’s army and the paramilitary Rapid Support Forces had created…
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First criminal crypto tax evader in US sentenced to two years in prison
Quick Take An Austin, Texas, man received a two-year sentence for falsely underreporting capital gains earned from selling $3.7 million in bitcoin — marking the first criminal tax evasion prosecution centered entirely on cryptocurrency. The false tax returns were filed by Frank Richard Ahlgren III between 2017 and 2019. They did not report or underreported…
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The South African gold mines taken over by criminal gangs
Authorities have resorted to siege tactics to ‘smoke out’ thousands of miners trapped underground Down a shaft that plunged more than a mile below the earth in South Africa’s old mining heartland, a man’s life hung in the balance. After weeks working — then later, trapped and starved by violent gang leaders — in the…
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Republican Split on H-1B Skilled Workers?
The BBC reports that Vivek Ramaswamy, tapped by President-Elect Trump to slash government spending, claimed American culture is to blame for employers hiring skilled foreign workers through the H-1B temporary worker visas. “Our American culture has venerated mediocrity over excellence,” Ramaswamy wrote in a long X post that argued that foreign workers improve the US economy. …
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Africa’s New £7 Billion High-Speed Rail Network to Revolutionize Travel, Boost Tourism, and Connect Key African Capitals by 2030: New Travel Updates You Need to Know
Africa is on the brink of a transportation revolution as it embarks on an ambitious plan to overhaul its rail infrastructure, with a high-speed rail network that could reshape the continent’s connectivity. The African Integrated High-Speed Railway Network (AIHSRN) is one of the largest infrastructural projects in Africa’s history, designed to connect the capitals of…
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