African Continental Free Trade Area (AfCFTA), which began in 2018, most African countries are coming together to create a unified market. This agreement is the largest free trade area in the world by the number of member states, right after the World Trade Organization (WTO). But it’s not just about
Germany’s government is in chaos after Chancellor Olaf Scholz made a shocking decision to fire Finance Minister Christian Lindner, causing a massive rift in the country’s ruling coalition. The reason? Lindner, leader of the Free Democratic Party (FDP), refused to support Scholz’s budget plan, which included increasing aid to Ukraine
In recent weeks, the BRICS summit in Kazan grabbed headlines worldwide as emerging economies looked for ways to reshape global power. Yet, as all eyes were on Russia, something even more significant was happening across the world in Washington, D.C. At the quiet annual meetings of the International Monetary Fund
In 2022, Japanese cars were the kings of the used vehicle market in Russia, making up a whopping 90% of all imported cars. Fast forward to 2024, and that number has plummeted to just 47%. This drastic drop is surprising, especially considering how essential the used car trade is to
David Lammy, the UK Foreign Secretary, is on a visit to Nigeria and South Africa this week. He’s there to strengthen the UK’s trade relations with African countries and to talk about the past mistakes of British involvement in the transatlantic slave trade. Just a week ago, leaders from 56
China has filed an official complaint against the European Union (EU) at the World Trade Organization (WTO) over new tariffs placed on electric vehicles (EVs) made in China. This dispute, now set to play out on the global stage, could have big consequences for the world’s EV industry and the
Last year, Botswana’s outgoing President Mokgweetsi Masisi made a significant deal with De Beers, one of the largest diamond companies in the world. This agreement would gradually increase Botswana’s share of diamonds from the Debswana joint venture, which is a partnership between the country and De Beers, to 50% over
The British royal family isn’t just famous for its castles and crowns; it’s also a serious business powerhouse. According to a recent report by The Sunday Times and Channel 4’s Dispatches program, King Charles III and his son, Prince William, aren’t just relying on the “sovereign grant” from UK taxpayers.
This year has been incredible for Russia’s richest people. According to the Bloomberg Billionaires Index, their combined wealth has shot up by more than $26 billion since January! As of November 1, a total of 25 Russian billionaires are now worth a staggering $355.33 billion, making them some of the
