Category Archives: Market

IMF: Volatile Politics and Oil Prices Hinder Mideast Growth

DUBAI, UNITED ARAB EMIRATES – Political uncertainty and volatile oil prices are hindering economic growth in the Middle East this year, but trends should reverse next year, according to a new report released Monday by …

IMF Warns Global Outlook ‘Precarious,’ No Room for Policy Mistakes

WASHINGTON – The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war undercuts business confidence and investment, the IMF said Tuesday.

It warned that the outlook …

African Women in Tech Look to Artificial Intelligence

ACCRA – Artificial intelligence took center stage as African female technology experts met at Women in Tech Week in Ghana to promote women’s involvement in the field.

When Lily Edinam Botsyoe was studying computer science …

Judge Rules Zuma Corruption Trial Can Go Ahead

JOHANNESBURG – A court in South Africa on Friday ruled the corruption trial against former President Jacob Zuma will go ahead, despite his efforts to have the case dismissed. Zuma also faces charges of money …

UN Nuclear Watchdog Has 4 Candidates to Take Top Job

BERLIN – Four candidates from three continents hope to succeed the late Yukiya Amano as the director general of the United Nations’ nuclear watchdog.

The International Atomic Energy Agency said Friday that Cornel Feruta of …

Digital Taxation Troubles Tech Businesses in African Countries

NAIROBI, KENYA – More and more African countries are taxing digital platforms and mobile money transfers to fund economic development.

Nigeria is the latest country to join the trend, with a new 5% tax on …

How Dozens of Nigerian Scammers Stole Millions from People, Businesses

For years, dozens of scammers from Nigeria and other countries swindled millions of dollars from U.S. businesses and individuals, funneling the stolen money through accounts provided by two fellow Nigerian brokers based in Los Angeles.…