World Economy

Israel-Iran ceasefire: Relief as oil prices crash, activities resume in global energy industry

Business Affairs June 25, 2025 0

Agency Report The entire world has expressed relief following Trump’s surprise announcement of a ceasefire between Israel and Iran. Although...

African leaders urge U.S to embrace investment-driven partnerships, review tariffs

Business Affairs June 24, 2025 0

African leaders have called on Monday for an urgent review of U.S. tariffs on African exports, urging a shift towards...

Climate action: Africa eyes on $1.3trn climate finance roadmap

Business Affairs June 24, 2025 0

Developing countries are proposing more ambitious climate targets as they prepare to submit their updated Nationally Determined Contributions (NDCs) to...

Developing countries to experience capital slowdown as FDIs fall for 2nd year

Business Affairs June 20, 2025 0

Orisemeke Benjamin Global foreign direct investment (FDI) fell by 11%, marking the second consecutive year of decline and confirming a...

U.S, Finland, Italy, others best country for car enthusiasts

Business Affairs June 20, 2025 0

Agency Report Global car sales reached approximately 75 million units, marking a 6% increase from the previous year. A recent...

Iran increases oil exports following Israeli attacks

Business Affairs June 18, 2025 0

Iran has hiked its daily oil exports by 44 per cent since the first Israeli attack on the Islamic Republic...

FDI flows to developing economies drop to lowest level in 20 years

Business Affairs June 18, 2025 0

Agency Report Flows of foreign direct investment (FDI) into developing economies—a key propellant of economic growth and higher living standards—have...