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Politics - Page 116

BRICS Alliance Reshapes Global Economic Power Map

Russian President Vladimir Putin delivered a spirited speech spotlighting the rising influence of the BRICS economic bloc. He declared that the coalition now makes up 40% of the world’s economy—and he expects that number to grow further, especially as the Global South
June 21, 2025

Iran Refuses Nuclear Talks Amid Israeli Airstrikes

In a defiant tone on Friday, Iran declared that it would not return to the negotiating table over its nuclear programme while under continued military assault by Israel a statement that deepens global concerns over a conflict now drawing attention from the
June 21, 2025

Retained Earnings Tax Sparks Heated National Debate

The Tanzanian government’s recent proposal to introduce a 10 percent withholding tax on retained earnings has ignited wide-ranging debate, drawing both support and skepticism from economic analysts, Members of Parliament, and the private sector. Announced as part of the 2025/2026 national budget,
June 19, 2025

East Africans To Shoulder Heavy Debt Repayments

The public debt crisis in East Africa is tightening its grip on national budgets, with fresh data showing that Kenya, Uganda, and Tanzania will collectively spend over Tsh60 trillion (approx. $23 billion) on debt servicing during the 2025/2026 financial year. This growing
June 19, 2025

Khamenei Warns U.S. Against Striking Iran

Tensions in the Middle East reached a boiling point this week after Iran’s Supreme Leader, Ayatollah Ali Khamenei, warned that any military aggression by the United States would provoke “serious, irreparable consequences.” The warning follows U.S. President Donald Trump‘s recent statement insisting
June 19, 2025

Tanzania Rejects UN Claims on Rights Violations

Tanzania has forcefully pushed back against allegations of human rights abuses raised at the United Nations Human Rights Council, following criticism from regional civil society groups and UN experts. The government insists it remains committed to respecting the rule of law and
June 19, 2025
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