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US Dollar

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Wholesale inflation in the U.S ticks up in January

The United States Producer Price index rose zero point three percent following a decrease the month before. The latest numbers are higher than expected with some economists saying this is the latest sign that some inflation pressures in the economy remain elevated. Jody Jacobs reports from New York.  

todayFebruary 19, 2024 1

Business / Economics

2 FEBRUARY BIZ NEWS: Exciting Developments in Mining, Media, and Finance: A Roundup of Recent Market News

B2Gold Corp Unveils Promising Exploration Results in Namibia In a recent announcement, B2Gold Corp has shared encouraging exploration results from the Antelope deposit within Namibia's Otjikoto Mine. The positive outcomes, particularly from the Springbok and Oryx Zones, hint at the potential establishment of a new underground mine. Clive Johnson, B2Gold's Chief Executive Officer, expressed optimism, highlighting a significant opportunity for expanding gold production in the region. This development underscores the […]

todayFebruary 2, 2024


‘It hurts’: DR Congo currency drops amid war spending, arrears payments

By Emmet Livingstone A falling local currency, salary arrears payments and war spending have pushed up prices in impoverished Democratic Republic of Congo, leaving locals struggling to afford basics. Since the new year, the Congolese franc has depreciated about 15 percent against the US dollar, according to official figures and money changers, hitting the poorest hardest. Several people interviewed by AFP said that in some cases prices had risen much […]

todayApril 3, 2023 3