Author: Steven Sahiounie

NEW YORK/LONDON – The dollar headed toward a second week of gains on Friday, after a slight rate hike in Japan gave the yen a slight reprieve and a surprise cut in Switzerland highlighted the gap in interest rate policy between the Federal Reserve and other central banks.

Yellen said the funding would make the United States the largest supporter of the IMF’s Poverty Reduction and Growth Trust

Congo has been reeling in Peru’s No. 2 copper spot over recent years, with flagging mining investment in Peru linked to red tape and recent political turmoil and protests

Global investors are now scrutinising companies for their environmental, social, and governance records. Nigeria, Africa’s largest economy and biggest oil exporter, has struggled to attract investments

The project will provide funds to businesses to recover and increase resilience in the food sector to withstand future shocks, including natural disasters and climate change.

The indicator reflects the growth in various sections such as “Mining and quarrying” 82.46%, “Manufacturing” 15.85%, “Electricity, gas, steam, and air conditioning supply” 1.16%, and “Water supply” 0.53%

The struggling German economy will likely end the first quarter of the year in recession, and is not expected to recover for the rest of 2024, the central bank warned in a monthly report published on Monday.

New import duties on Russian agriculture would only further disrupt the global food supply, Moscow has warned

Japan’s holdings of US Treasuries have continued to grow, exceeding $1.15 trillion in January, according to data released by the US Treasury this week. Tokyo has been the largest overseas holder of US debt since June 2019.

Secretary General of the Islamic Jihad movement Ziad al-Nakhala appreciated Iran for its regional and international diplomatic efforts in support of the Palestinian people and resistance amid the Israeli onslaught on Gaza. In a telephone conversation on Friday, Iranian Foreign Minister Hossein Amirabdollahian and Nakhala discussed the latest developments in Palestine and the Gaza Strip. The Palestinian leader described the strength and high morale of the resistance front after about six months of Israeli onslaught on Gaza as excellent. He also praised the regional and international diplomatic efforts of Iran in support of the Palestinian people and resistance. The secretary…