Russia may respond to any U.S. confiscation of its currency reserves frozen in the West by seizing the assets, including property and cash, of U.S. citizens and investors in Russia, Dmitry Medvedev...
Economy
Inflation-hit Zimbabwe has a new currency — again. Last week, the country’s central bank introduced a new gold-backed currency called Zimbabwe Gold, or...
Power shortages are having a huge negative impact on Zimbabwe, costing the country an estimated 6.1 percent of gross domestic product (GDP) per year, the World...
The African Development Bank (AfDB) has approved a loan of 81.9 million euros (89.08 million U.S. dollars) to Tunisia to improve wastewater treatment for...
The International Monetary Fund (IMF) and the World Bank have announced the approval of 4.5 billion U.S. dollars in debt relief for Somalia. In a joint...