Former United States President Donald Trump has pledged to create a “government efficiency” commission headed by entrepreneur Elon Musk if he is victorious in seeking re-election this November. Trump made the pledge as he laid out his economic vision in a campaign speech at the New York Economic Club on…
Harris’s proposal for a lower tax rate than the one laid out by Biden suggests she wants to appeal to a broader base of voters. Democratic presidential candidate Kamala Harris has proposed raising the capital gains tax rate for those earning $1m or more to 28 percent, instead of the…
Wednesday marked the third consecutive cut, with the central bank citing continued easing in broad inflationary pressures. The Bank of Canada (BoC) has trimmed its key policy rate by 25 basis points to 4.25 percent as forecast and Governor Tiff Macklem, citing weak growth, said a larger cut could be…
African leaders are converging in China this week for an anticipated high-level meeting with President Xi Jinping as Beijing continues to befriend and expand its influence on the continent amid a silent face-off with Western countries. The China-Africa summit, which will last from September 4 to 6, will see leaders…
Leaders ink deals on nuclear energy, media exchanges and infrastructure ahead of summit on Chinese-African cooperation. China and Nigeria have pledged to deepen their economic ties ahead of a summit showcasing Chinese-African cooperation, inking deals on nuclear energy, media exchanges and Beijing’s signature $1 trillion infrastructure drive. Chinese President Xi…
US Democratic nominee’s latest proposal comes as she tries to erase Donald Trump’s polling advantage on economic issues. United States Vice President Kamala Harris is set to unveil a tax deduction of up to $50,000 for new small businesses as the Democratic nominee seeks to burnish her economic credentials in…
Martin Winterkorn in court nine years after German auto giant admitted rigging emissions tests. After several delays, the criminal trial of former Volkswagen CEO Martin Winterkorn for his role in the “dieselgate” scandal has opened in Germany. The trial began on Tuesday, nine years after the German auto giant admitted…
NewsFeed Members of Bolivian social movement the Red Ponchos broke through a line of police in riot gear who responded with tear gas and rubber-coated bullets, during protests over the state of the country’s economy. Published On 3 Sep 20243 Sep 2024 Check out our Latest News and Follow us…
Leadership dispute between rival governments leads to suspension of oil production. Libya’s central bank, which controls billions of dollars in oil revenue, is at the heart of the country’s latest political dispute. The bank’s governor has fled the country, fearing for his life. Two rival governments have fought for power,…
Harare, Zimbabwe – Sitting on a plastic chair, Kingston Dhewa stares intently at his smartphone, his thumbs jabbing furiously at the screen. He stops briefly and looks up to attend to a customer at his outdoor fruit and vegetable stall in Budiriro 5, a busy, low-income suburb south of Zimbabwe’s…
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