insert_link World Trump tells Putin to avoid escalation in Ukraine U.S President-Elect Donald Trump has told his Russian counterpart to avoid an escalation in Ukraine according to a Washington Post report. The conflict could be one of the topics US President Joe Biden discusses when he meets Donald Trump at the White House this week. Our Washington Correspondent Jagruti Dave has more. todayNovember 11, 2024 11
insert_link World North Korea fires multiple ballistic missiles toward the sea ahead of US election North Korea on Tuesday fired multiple short-range ballistic missiles toward its eastern sea hours before the US presidential election, the South Korean military said. The launches came days after North Korean leader Kim Jong Un supervised a flight test of the country's newest intercontinental ballistic missile designed to reach the US mainland. Laura Westbrook reports. todayNovember 5, 2024 15
insert_link World NATO confirms North Korean forces in Russia’s Kursk NATO's Secretary-General has confirmed that North Korean forces are in the Russian territory of Kursk. That region is partially controlled by Ukraine signaling that they are now or soon to be in direct combat. William Denselow reports from Brussels where NATO is headquartered. todayOctober 29, 2024 13
insert_link Business / Economics Russia Raises Interest Rates to 21% Amid Ongoing Economic Pressures from Ukraine Conflict Russia's central bank hiked interest rates to 21 percent, taking borrowing costs to their highest level in more than two decades as Moscow's Ukraine offensive triggered rapid price rises at home. The increase takes rates to their highest level since 2003. Despite the high inflation and Western hopes sanctions would cripple the Russian economy, the Kremlin is set to ramp up military spending yet again next year. Analysts say Moscow […] todayOctober 28, 2024 7
insert_link Africa Uganda and the DRC conflict: the interests driving Kampala’s involvement By Kristof Titeca, University of Antwerp The ambiguous and often tumultuous relations between Uganda and neighbouring Democratic Republic of Congo (DRC) have made headlines in recent months. In a July 2024 report, the UN Group of Experts on the DRC stated that Ugandan army and intelligence officials were providing active support to the M23 rebel group. The group, which is active in eastern DRC, was first defeated in […] todayAugust 20, 2024 23
insert_link Business / Economics Bank of Namibia holds repo rate at 7.75% The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, with the prime lending rate holding steady at 11.50 percent. This is the second monetary policy announcement by BoN this year. Governor of the Bank Johannes !Gawaxab. Governor !Gawaxab highlighted that risks to the domestic economic outlook have remained broadly unchanged since the previous MPC meeting, although the conflict in […] todayApril 17, 2024 30
insert_link Business / Economics WTO urges reform amid global economic challenges The World Trade Organization pushed for reform at a high-level ministerial meeting in Abu Dhabi on Monday, warning that economic headwinds and geopolitical tensions are threatening global commerce and multilateral trading systems. The WTO's 13th ministerial conference, scheduled to run until Thursday in Abu Dhabi, the capital of the United Arab Emirates, is the first in two years. The AFP news agency reports that the WTO is hoping for progress, […] todayFebruary 27, 2024 15
insert_link Africa ‘We miners die a lot.’ Appalling conditions and poverty wages: the lives of cobalt miners in the DRC Labourers load sacks of cobalt onto bicycles at Mutoshi mine in July 2021. Roy Maconachie Roy Maconachie, University of Bath It was a cool, dusty morning in July 2021, when I first visited the Kamilombe cobalt mine in Lualaba Province in south-eastern Democratic Republic of Congo. Situated just outside Kapata on the south-west outskirts of Kolwezi, a mining town that has historically served as an important centre for copper and […] todayJanuary 31, 2024 9
insert_link Business / Economics Ripples of 2023: FBS’s insight on the 2024 global financial outlook With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of transformation under the influence of the US economy, global and local military conflicts, and the sprawl of AI. As FBS experts further stress, the cautious stance […] todayDecember 19, 2023 5