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World - Page 250

Brics Reshapes Global Economy Beyond Dollar

For nearly eight decades, the United States dollar has stood at the center of global finance, dominating international trade, energy markets and central bank reserves. But a new financial contest is emerging as BRICS nations push to build alternative systems that could
July 25, 2026

AI Enhances Cross-Border Payments in East Africa

East Africa’s financial sector is experiencing a technological shift as banks increasingly adopt artificial intelligence (AI) to address persistent challenges in cross-border payments. While these advancements have enhanced speed, efficiency, and fraud prevention, high transaction costs remain a major hurdle. AI is
December 16, 2024

Kenya Celebrates 60 Years of Naval Service

Kenyan President Dr. William Samoei Ruto led the nation in celebrating the 60th anniversary of the Kenya Navy at the Mtongwe Naval Base in Mombasa County. The event highlighted the Navy’s six-decade journey of protecting Kenya’s sovereignty and ensuring the safety of
December 15, 2024

Russia and India Ink Record $13 Billion Oil Deal

In a historic move, Russia and India have signed a $13 billion oil deal, marking the largest energy agreement ever between the two nations. The deal aims to secure India’s growing energy needs while providing Russia with a stable market amidst shifting
December 13, 2024

Tanzania, EU Commit to Boost Economic Partnership

Tanzania and the European Union (EU) have reaffirmed their strong partnership, focusing on expanding trade and investment to foster sustainable development. This commitment was solidified during a high-level dialogue held in Dar es Salaam on December 10, 2024. The discussions brought together
December 13, 2024

White House Welcomes Gallant Despite ICC Warrant

Former Israeli Defense Minister Yoav Gallant, who is wanted by the International Criminal Court (ICC) for alleged crimes against humanity, recently visited the White House for a meeting with Brett McGurk, President Joe Biden’s Middle East envoy. This visit comes just weeks
December 12, 2024

South Korean Ex-Defense Minister Attempts Suicide in Custody

Former South Korean Defense Minister Kim Yong-hyun has reportedly attempted suicide while in detention, as the country grapples with a political crisis triggered by President Yoon Suk Yeol’s controversial martial law proposal. Kim, arrested on Sunday, is the first individual to be
December 11, 2024
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