Wednesday, August 12, 2026
Economy
G7 leaders agree $50 billion loan for Ukraine
Bari (Italy) (AFP) - G7 leaders agreed Thursday on a new $50 billion loan for Ukraine using profits from frozen...
Kenya eyes budget deficit with new tax hikes
Nairobi (AFP) - Kenya's finance minister on Thursday presented the East African nation's biggest ever budget, alongside contentious tax proposals...
Russians shrug off sanctions on dollar, euro trading
Moscow (AFP) - Russians on the streets of the capital shrugged off new US sanctions on dollar and euro trading...
G7 leaders reach ‘political deal’ on new Ukraine funds: US
Bari (Italy) (AFP) - G7 leaders agreed at a summit in Italy Thursday on a new $50-billion loan for Ukraine...
Fire at Iraqi oil refinery injures 13: official
Arbil (Iraq) (AFP) - A massive fire at an oil refinery in Iraqi Kurdistan injured at least 13 people including...
G7 to agree $50-bn Ukraine loan at Italy summit
Bari (Italy) (AFP) - G7 leaders were set to agree at an Italy summit Thursday on a new $50-billion loan...
Kenya to present budget with new tax hikes
Nairobi (AFP) - Kenya's finance minister is due to present Thursday the East African economic powerhouse's biggest ever budget, alongside...
Why are Chinese electric cars in EU crosshairs?
Beijing (AFP) - The European Union said this week it would slap additional tariffs of up to 38 percent on...
US Fed holds interest rates, now sees just one cut this year
Washington (AFP) - The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one...
US Fed holds rates and pencils in just one cut this year
Washington (AFP) - The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one...
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