Monday, July 7, 2025
Economy
Nigeria’s dyed cloth traders feel heat from China, inflation
Abeokuta (Nigeria) (AFP) - Despite the rain pelting Balogun market in Lagos, Ajoke takes her time choosing the tie-dye fabric...
US inflation data unlikely to alter Fed plans to hold rates steady
Washington (AFP) - Fresh US consumer inflation data published Wednesday is unlikely to sway the Federal Reserve, which is widely...
Mexican president-elect says investors have nothing to fear
Mexico City (AFP) - Mexican president-elect Claudia Sheinbaum said Tuesday that investors had nothing to fear from proposed judicial reforms...
World Bank upgrades global growth outlook on resilient US economy
Washington (AFP) - The World Bank raised its global growth outlook on Tuesday on the back of resilient consumer spending...
Iceland grants whaling license for 2024 season
Reykjavik (AFP) - Iceland's government said Tuesday that it had granted a license to hunt 128 fin whales for the...
Production starts at Senegal’s first offshore oil field
Dakar (AFP) - Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production...
Canada faces scourge of rising car thefts
Montreal (AFP) - Montreal-area resident Zachary Siciliani discovered recently that his car had simply disappeared -- likely in one of...
EU targets UAE telecoms firm in new anti-subsidy probe
Brussels (Belgium) (AFP) - The European Union on Monday announced a formal anti-subsidy probe targeting an Emirati telecoms company, the...
Tourism buoys southern Europe’s ‘Club Med’ nations
Madrid (AFP) - Derided as "Club Med" nations during the European debt crisis 15 years ago, the economies of Spain,...
US Fed likely to remain on pause and pare back rate cut expectations
Washington (AFP) - The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back...
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