Global trade expands $500bn in H1 2025 – Report
Orisemeke Benjamin Global trade expanded by about $500 billion in the first half of 2025, despite volatility, policy shifts and...
World Economy
Trump imposes 100% tariff on foreign films
In a move that has sent shockwaves throughout the global entertainment industry, U.S. President Donald Trump on Monday announced plans...
Oil prices fall as markets look up Iraq for supply boost
Agency Report Oil prices declined yesterday as markets anticipate supply boost from Iraq export coming into the global commodity market....
Europe champions fighting climate change but misses emissions deadline
European Union countries' climate ministers confirmed on Thursday that the bloc will miss a global deadline to set new emissions-cutting...
Commodity dependence runs deep. Developing countries must add value to turn the tide
The world still has a long way to go in breaking commodity dependence, a situation where a country makes more than...
The state of commodity dependence 2025
An economy is considered “commodity-dependent” when over 60% of its merchandise exports are commodities, mainly comprising energy, mining and agricultural...
World plastic pollution treaty ends with no deal
Agency Report Countries failed to find consensus on how the world should tackle the ever-growing scourge on plastic pollution which...
Natural disasters cause $131bn damage in first half of 2025
Natural disasters such as wildfires, storms, and earthquakes had caused 131 billion dollars of damage worldwide in the first half...
Energy access improving, international financial support still needed to boost progress, address disparities
New report urges scaled-up tailored financial support for decentralised renewable energy to reach 666 million people in rural and vulnerable...
Africa: FDIs hit record $97bn in 2024
Orisemeke Benjamin The latest World Investment Report from UN Trade and Development (UNCTAD) says foreign direct investment (FDI) inflows to Africa...
