Author: Steven Sahiounie

By: Arnaud Develay, international Human Rights Lawyer Arms trafficking by Ukrainian gangs has made it possible to diversify stocks placed on the market at unbeatable prices in the countries of the European Union. Through an unprecedented outpouring of solidarity (especially with regard to the management of the health crisis), Europe has sent massive arms to Ukraine. Weapons that will undoubtedly end up killing Pierre, Jacques, Anne, even you or me. The road to Hell is paved with good intentions. This is the boomerang effect already seen through the ridiculous imposition of “sanctions trains”: Before releasing 100 million euros to equip…

Read More

Part of the services provided through the EDUs involve technology promotion. The trainees are not considered to be beneficiaries, but rather business clients, ensuring the sustainability of the EDU network. Those who graduate from the training receive support with investments, business matchmaking and technology sourcing.Amina-Gaalooge Osman, a 34-year-old entrepreneur, started an agricultural cooperative that used manual labour. Thanks to UNIDO’s help in connecting her to local banks and to Somali-Italian business firms, today Osman sells tractors imported from Italy to Somalia’s farmers. It is the first time in recent history that the farming business in Somalia has gained access to…

Read More

According to the latest IMF report, UAE GDP growth is projected to reach above 6 per cent in 2022, up from 3.8 per cent last year The UAE economy has quickly survived the economic impact of the Covid-19, with near-term economic growth being strong, underpinned by a rebound in domestic activity, while elevated oil prices support high surpluses in the fiscal and external balances, according to a top IMF official.According to the latest IMF report, UAE GDP growth is projected to reach above 6 per cent in 2022, up from 3.8 per cent last year.With global trends, inflation is expected…

Read More

PORT LOUIS, Dec 22 (Reuters) – Mauritius’ statistics office on Thursday increased its forecast for economic growth in 2022 to 7.8% from a previous estimate of 7.2% in September.The East African island nation’s economy grew by 3.5% in 2021. This article was originally published by Reuters.

Read More

In absolute US dollar terms, India’s digital economy exhibited a growth rate (compounded annually, CAGR) of 15.62 per cent between 2014 and 2019, while India’s economy (GVA) grew annually at a compound rate of 6.59% (as per ADB’s IO tables).India’s digital economy grew 2.4 times faster than the economy between 2014 and 2019 generating around 62.4 million jobs, said a paper published in the latest bulletin of the Reserve Bank of India. In absolute terms, the size of the digital economy has grown from $107.7 billion in 2014 to $222.5 billion in 2019.In absolute US dollar terms, India’s digital economy…

Read More

In this article The central China city of Taiyuan saw its GDP grow by 10.9% year-on-year in the first three quarters of 2022. Pictured here is a screen displaying details of a new factory in the city. Vcg | Visual China Group | Getty Images BEIJING — The Chinese economy of 2023 almost definitely won’t look like the Chinese economy of 2019.Real estate has slumped under Beijing’s crackdown. Exports have tapered off following a surge. Chinese e-commerce giant JD.comthis year replaced Huawei, hit by U.S. restrictions, as the largest non-state-owned enterprise in China by revenue.In the last month, Beijing suddenly ceased many of the lockdown measures and Covid testing requirements…

Read More

The Dow sank sharply as America’s economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve’s battle to cool the economy to fight inflation is having only a limited impact.The Commerce Department’s final reading Thursday morning showed gross domestic product, the broadest measure of the US economy, grew at an annual pace of 3.2% between July and September. That was above the 2.9% estimate from a month ago. Economists surveyed by Refinitiv had expected GDP to stay unchanged from its previous reading.The report said the stronger-than-expected reading was due to increases in exports…

Read More

Decree Introductory overview. “Aiuti quater Decree aims to gradually increase the amount of natural gas extracted from available domestic reservoirs.”The Council of Ministers of the Italian government, in its session No. 4 of 10 November 2022, approved a Law Decree named “Aiuti quater” (the “Aiuti quater Decree”) which introduces urgent regarding electricity, natural gas and fuels, including amendments to Article 16 of Law Decree No. 17 of 1 March 2022. Following in the footsteps of Mario Draghi’s government and the work of former Ecological Transition Minister Roberto Cingolani (now Giorgia Meloni’s consultant for energy policies), the Aiuti quater Decree aims…

Read More

Australia’s 2023 economic outlook unclear After paying upwards of $10 for iceberg lettuces and enduring eight interest rate hikes in a row in 2022, households are apprehensive about Australia’s economic prospects in the new year.The path ahead for inflation is at the centre of economic fortunes domestically and around the world as central banks try to slow their economies gently and avoid a recessionary crash landing.AdvertisementAdIn Australia, headline inflation came in at 7.3 per cent in the third quarter but a softer 6.9 per cent monthly read in October could be a sign inflation has passed its peak.But Treasurer Jim…

Read More

Crypto Market May See Renewed Volatility as Whales Begin to Accumulate BitcoinCalm waters do not last long in bitcoin, so be prepared for a sharp move here shortly, one observer said, referring to the cryptocurrency’s ultra-low historical or realized price volatility.December 22, 2022 by Omkar GodboleThe crypto market has recently held steady, with bitcoin locked in the narrow range of $16,000 to $18,000 amid lingering macroeconomic uncertainty and FTX contagion fears.The perplexing tranquility may soon fade because bitcoin’s historical volatility hits levels last seen before the late 2020 bull run and investors with ample capital supply begin to accumulate coins.”The…

Read More