China on Thursday denied any suggestion on negotiations with the administration of U.S. President Donald Trump over tariffs. China’s comments come after Trump had earlier on Tuesday said that things were going on fine with China and that the final tariff rate on Chinese exports would come down substantially from the currentContinue Reading
Russia attacked Kyiv on Thursday with an hour-long barrage of missiles and drones, killing nine people and injuring more than 70. This was said to be the deadliest assault on the Ukrainian capital since July 2024, and just as peace efforts are coming to a head. Ukraine President Volodymyr ZelenskyyContinue Reading
Whether the threat was abusive Hamas guards, hunger, illness or Israeli strikes, there were moments during Tal Shoham’s 505 days of captivity in Gaza. This was when he didn’t think he would be alive the next morning. There were many times that I separated from life and tried to acceptContinue Reading
International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday urged countries to swiftly resolve trade disputes that threaten global economic growth. She said the unpredictability arising from President Donald Trump’s aggressive campaign of taxes on foreign imports was causing companies to delay investments and consumers to hold off onContinue Reading
By Nana Musa Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has called for enhanced global support for reforming economies. Edun made the call at the G-24 Ministerial Meeting held on the sidelines of the ongoing 2025 IMF World Bank Spring Meetings in WashingtonContinue Reading
By Nana Musa Mr Jason Wu, Assistant Director for Global Markets, International Monetary Fund (IMF), said that the recent government reforms had improved Nigeria’s macroeconomic outlook. Wu said this at the ongoing IMF/World Bank 2025 Spring Meetings in Washington, D.C. on Tuesday, during the release of the agency’sContinue Reading
By Nana Musa The International Monetary Fund (IMF) has released it new economic outlook report, reversing Nigeria’s economic growth projections for 2025 and 2026. The April report was released on Tuesday during World Economic Outlook (WEO) at a press briefing at the ongoing IMF/World Bank 2025 Spring MeetingsContinue Reading
Queen Sonja of Norway has been flown to hospital by rescue helicopter. The Norwegian royal court announced on Tuesday that the queen, who is 87 years old, was admitted to the University Hospital in Oslo due to breathing difficulties. The radio station NRK reported that Sonja arrived at the hospitalContinue Reading
German carmaker Mercedes on Tuesday said it is looking to regain a stronger foothold in China with more infotainment and new products. “We will introduce the most efficient and intelligent cars we have ever built,” said Mercedes-Benz chief executive Ola Källenius in Shanghai. He described the company’s vision as “supercomputersContinue Reading
By Busayo Onijala A new, more stable world structure may emerge if China’s per capita GDP reaches half of the United States’, says Prof. Yifu Lin, Honorary Dean, National School of Development, Peking University. Lin, who is also a former World Bank Chief Economist and Senior Vice President, Development Economics,Continue Reading
