Donald Trump, the US President-elect, has proposed a bold strategy of 100% tariffs against BRICS nations as a deterrent to their plans of creating a new currency to rival the US dollar's global dominance. This move aims to prevent a shift in global financial power, though its practicality and potential fallout remain in question. Despite Trump's aggressive tactics, the US dollar retains its stronghold as the world's leading reserve currency.
December 2, 2024
Trump's Tariff Proposal Over BRICS Currency: Potential Implications for US Dollar's Global Standing
September 17, 2024
NNPC Raises Petrol Prices Amid Dangote Refinery Market Debut
NNPC has increased petrol prices for the second time in two weeks, coinciding with the arrival of fuel from the Dangote refinery. The new rates vary by region, with the highest prices in the northeast. Amidst the inflation and fuel cost crisis, the new refinery aims to reduce Nigeria's reliance on imported gasoline.
July 1, 2024
Kenya Faces Financial Strain as Additional Borrowing Looms Amid Finance Bill Turbulence
Facing a massive financial challenge, President William Ruto of Kenya has disclosed plans to borrow an additional trillion shillings following the dismissal of a controversial finance bill. The bill's withdrawal, prompted by violent protests, has led to severe financial implications, affecting public services and fueling further civil unrest.
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Economy
December 7, 2024
Australia's Mitchell Starc Shines with 6-Wicket Haul Against India in the Pink Ball Test
December 16, 2024
