Category: International Business & Finance
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The leader of Hamas is dead
Yahya Sinwar, the powerful and elusive militant leader of Hamas who helped to plot the group’s devastating assault on Israel on Oct. 7, 2023, was killed in battle on Wednesday, the Israeli military said. A unit of trainee squad commanders unexpectedly encountered him in southern Gaza, Israeli defense officials confirmed yesterday. After a firefight in Gaza with…
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One dead, two missing as boat with 100 migrants sinks near Greece
At least one man has died and two were missing after a wooden boat carrying 100 migrants sank south of the small southern Greek island of Gavdos on Wednesday, Greece’s coast guard said. A total of 97 people were rescued by a passing cargo ship and were being taken to the city of Heraklion on…
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Long-awaited Grand Egyptian Museum opens 12 galleries to the public
The much-anticipated Grand Egyptian Museum, housing the world’s largest collection of ancient Egyptian artefacts, has finally partially opened to visitors. A series of galleries have been opened to the public over a decade after construction on the mega-museum got underway. Situated near the famous Giza pyramids, it was initially due to open in 2012, but…
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Kamala Harris Announces Cannabis Legalization Plan
On October 14, 2024, Vice President Kamala Harris unveiled her plan she would enact as president to legalize cannabis on a national level and to help “break down unjust legal barriers that hold Black men,” (1). Harris’s proposed policy intends to establish a National Health Equity Initiative targeted towards African American men, as well as…
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The Third African Monetary and Economic Sovereignty Conference
The Third African Monetary and Economic Sovereignty Conference is currently taking place in Addis Ababa, bringing together academics, policymakers, and thought leaders to discuss pathways to economic sovereignty for the continent. In this episode, we explore the critical themes of de-dollarization and de-globalization, examining how these trends present both opportunities and threats for Africa. We…
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Niger renames its historic places to sever ties with French colonial past
Since it took control over the country in a July 2023 coup, Niger’s military junta has been cutting ties with France and forging stronger ones with fellow juntas in Burkina Faso and Mali. One example of this shift is Tuesday’s rebranding of a major avenue in Niamey after Djibo Bakary – a key figure in…
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Reports that Nigeria has rejected Shell’s $1.3 billion oil asset sale
Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to Renaissance group because the buyer is not qualified to manage the assets, Lagos-based yesterday newspaper reported on Wednesday. Shell on Jan. 16 announced its exit from Nigeria’s onshore and shallow water operations after agreeing to sell the business to a…
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India Mourns the Loss of Ratan Tata: A Legacy of Business Excellence and Philanthropy
India has lost one of its most revered leaders with the passing of Ratan Tata, the former chairman of Tata Group. Tata, known not just for his business acumen but also for his unwavering integrity and compassion, leaves behind a legacy that reshaped India’s corporate landscape and inspired countless individuals.
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Congo cancels licensing round for 27 oil blocks
The Democratic Republic of Congo (DRC) has cancelled a licensing round for 27 oil blocks, originally launched in 2022 to tap into the nation’s oil and gas potential, according to a statement posted on the hydrocarbons ministry’s X account on Monday. The statement dated Oct. 11 cited multiple reasons for the cancellation, including late submissions,…
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