US dollar-yuan divergence trade could spin out of control without intervention from China soon The US dollar-China yuan currency divergence trade is in full flow. Unless Beijing gets a grip on the exchange rate soon, the yuan could hit 15-year … Read More
Around 50 heads of state, along with representatives from international institutions and civil society, will attend a summit hosted by French President Emmanuel Macron on Thursday and Friday in Paris. Their objective is to develop a new global financial system … Read More
Ugandan police said Monday that 20 people had been arrested for suspected collaboration with the notorious militia group blamed for last week’s grisly attack on a school near the border with Democratic Republic of Congo. “Twenty arrests have been made … Read More
SMOULDERING bodies line streets, sniper rounds pound from rooftops, and children scream – Haiti’s capital is under siege by armed gangs, but there’s a new grisly group in town. The most dangerous city on earth has become even deadlier as vigilantes … Read More
UBS talks of the ‘beginning of a historic new chapter’ UBS said Monday that it has finalized its takeover of Credit Suisse, ending a months-long saga that saw the near-collapse of one of Switzerland’s biggest financial institutions. The bank announced … Read More
The visit will take the Iranian president to three leftist countries with which Tehran shares both American sanctions and a vigorous anti-American agenda. TEHRAN — Iran’s President Ebrahim Raisi will depart for a Latin American tour on Sunday to bolster … Read More
June 5 (UPI) — The World Health Organization said on Monday it will expand on the European Union’s digital COVID-19 certification system for use globally which will facilitate mobility across a range of ongoing health threats and pandemics. The WHO … Read More
Iran, which has applied for observer status in BRICS, is finessing non-Western states to remedy its battered economy. Iran, Saudi Arabia and United Arab Emirates foreign ministers attended the BRICS meeting in South Africa this week, as the bloc seeks … Read More
KAMPALA, June 1 (Reuters) – Uganda’s President Yoweri Museveni has defended signing one of the world’s harshest anti-LGBTQ laws, with punishments up to and including the death penalty, saying it was needed to prevent LGBTQ community members he said were … Read More
The US and Taiwan are set to sign a new trade deal on Thursday as tensions with China rise. It will be the first agreement under a framework for talks between Washington and Taipei called the US-Taiwan Initiative on 21st … Read More