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US Consumer Spending Dithers

US Consumer Spending Dithers

(3 Minutes Read) Personal consumption expenditures fell 0.3% after adjusting for inflation, according to Bureau of Economic Analysis figures published Friday. The Federal Reserve’s preferred...
A groundbreaking study carried out by two South African scientists is shifting that narrative. Dr. Luicer Anne Ingasia Olubayo and Professor Scott Hazelhurst from the University of the Witwatersrand, in collaboration with Stanford University, have released one of the most comprehensive studies on gut health in African populations to date.

Study on Gut Health of African Population

(3 Minutes Read) One of the study’s key findings is that geography was the dominant factor in shaping gut microbial composition. Researchers observed that more...
The 2025 Summer Davos, officially known as the 16th Annual Meeting of the New Champions, wrapped up Thursday in Tianjin, China, with global leaders highlighting China’s economic influence, the rise of artificial intelligence, and the importance of inclusive innovation in shaping the future.

2025 Summer Davos Draws Curtain

(3 Minutes Read) Key discussions revolved around five focus areas: global economic trends, China’s outlook, disruption across industries, sustainable investment, and new energy technologies. The 2025...
Export controls of the minerals eclipsed tariffs in the latest round of trade negotiations between Beijing and Washington after China imposed permitting requirements on seven rare earth elements in April, threatening to disrupt production of cars, robots, wind turbines, and other high-tech products in the US and around the world.

US and China Sign Agreement on Trade: Treaty with India Soon -Trump

(4 Minutes Read) Export controls of the minerals eclipsed tariffs in the latest round of trade negotiations between Beijing and Washington after China imposed permitting...
According to a report released by the African Export-Import Bank (Afreximbank) on Wednesday, June 25, 2025, Africa’s total merchandise trade witnessed a substantial rebound in 2024, growing by 13.9% to reach a value of USD 1.5 trillion. This marks a strong recovery following a 5.4% contraction in 2023, highlighting renewed momentum in the continent’s trade activities.

Africa’s Trade Rebound in 2024 Signals Progress, but Structural Hurdles Remain

(3 Minutes Read)  According to a report released by the African Export-Import Bank (Afreximbank) on Wednesday, June 25, 2025, Africa’s total merchandise trade witnessed a...
Tehran Gears for Clearing War Damages

Tehran Gears for Clearing War Damages

(3 Minutes Read) The city’s governor says more than 120 homes were destroyed and over 500 others suffered significant damage during Iran’s 12-day war with...
At the 2025 Summer Davos forum in Tianjin, attendees at the three-day summit appeared to agree that the return of unilateralism was bad for business.  China’s Premier Li Qiang called on the business leaders to safeguard free trade and keep politics out of the marketplace:  

Summer Davos in Tianjin Shuns Growing Unilateralism in Trade Front

(3 Minutes Read)   Officially known as the Annual Meeting of the New Champions, the summit, organised by the World Economic Forum, brought together thought...
Shell has repeatedly denied speculation that it was considering a takeover of its smaller rival BP, saying it was focused on streamlining and simplifying its own business

Shell Scotches Speculation of Takeover of BP

(3 Minutes Read) Shell has repeatedly denied speculation that it was considering a takeover of its smaller rival BP, saying it was focused on streamlining...
NY’s Landmark Roosevelt Hotel closed for Immigrants

NY’s Landmark Roosevelt Hotel closed for Immigrants

(3 Minutes Read) Officials say more than 150,000 asylum seekers from 160 countries, speaking 60 different languages, have come through its doors since it opened...
United States President Donald Trump said that American and Iranian officials would talk next week, as the fragile ceasefire between Iran and Israel appears to be holding.  Trump told reporters at a NATO summit that he was not interested in reopening negotiations on Iran's nuclear ambitions. 

Iranian and US Officials to Hold Talk Next Week on Fragile Ceasefire: Trump

(3 Minutes Read) Trump insisted that US strikes had destroyed Iran’s nuclear programme, saying it had been "blown up to kingdom come." He did not acknowledge...

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