For business and economic news from around the world
The World Health Organisation (WHO) has warned that almost 500 million people globally will develop heart disease, obesity, diabetes or other Non-Communicable Diseases (NCDs) attributable to physical inactivity, between 2020 and 2030.
WHO says 500m people to develop chronic illness from physical inactivity by 2030 Read More
U.S. billionaire and Microsoft co-founder Bill Gates on Monday said he was ready to have a meeting with the Taliban if it would help eradicate poliomyelitis in Afghanistan.
Bill Gates ready to meet with Taliban to help Afghanistan eradicate polio Read More
The European Union has signed a 100 million Euros grant agreement (about 97.2 million dollars) for the International Monetary Fund’s (IMF) Poverty Reduction and Growth Trust (PRGT).
EU contributes €100m to IMF to support African, Caribbean, Pacific countries Read More
The partial mobilisation of Russian troops for the war on Ukraine is expected to be completed in the next two weeks, Russian President Vladimir Putin has said.
Mobilisation in Russia: 222,000 recruits called up – Putin Read More President Vladimir Putin proposed that Turkey become a hub for Russian gas, with a new pipeline and an energy exchange.
Putin suggests Turkey become Russian gas hub Read More
The Russian economy is emerging from recession despite sanctions imposed by the West as data show, while Europe is now on the verge of a grave economic slump, The Economist newspaper reported on Thursday.
Russian economy emerging from recession amid Western sanctions – Reports Read More Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, on Thursday said the IMF had launched a new Resilience and Sustainability Trust to support vulnerable countries meet their long-term challenges.
IMF announces new resilience trust to help vulnerable countries Read More
The World Trade Organisation (WTO) has forecasted a slowdown of global trade growth in 2023.
WTO warns that ‘darkened’ trade outlook can deteriorate further Read More
The UN Conference on Trade and Development (UNCTAD) has warned against policy mistakes as they could trigger worse recession than the one witnessed in 2007.
UNCTAD fears policy mistakes could trigger worse recession than 2007 crisis Read More
The Russian lower house of parliament ratified the incorporation of four occupied Ukrainian regions on Monday and fast-tracked the relevant legislation as the West rallied further to Kiev’s aid.
Russian Duma ratifies annexation of Ukrainian regions as West rallies Read More