economy

economy

Low Rainfall and Cold Temperatures Threaten Cocoa Crops

Low Rainfall and Cold Temperatures Threaten Cocoa Crops

Africa-Press - Eritrea. Cocoa farmers in Ivory Coast say a cold spell and lack of rainfall could lead to crop damage and reduced expectations...
Russia bans gasoline exports until Aug. 31

Russia bans gasoline exports until Aug. 31

Africa-Press - Eritrea. Russia said Monday that it has temporarily banned gasoline exports until Aug. 31. "The decision was made to maintain a stable situation...
What To Expect From Monday’s OPEC+ Meeting

What To Expect From Monday’s OPEC+ Meeting

Africa-Press - Eritrea. OPEC+ looks set to stay the course at Monday’s Joint Ministerial Monitoring Committee meeting, with four anonymous delegates telling Reuters the...
Google commits $37 million to AI development In Africa

Google commits $37 million to AI development In Africa

Africa-Press - Eritrea. Google on Thursday unveiled a $37 million package to accelerate artificial intelligence development across Africa, pledging support for local AI research...
A Moment of Opportunity for Clean Energy Advancement

A Moment of Opportunity for Clean Energy Advancement

Africa-Press - Eritrea. Energy has shaped humanity’s path – from mastering fire, to harnessing steam, to splitting the atom. Today, we’re at the dawn...
Export Controls Emerge as New Front in Trade Conflict

Export Controls Emerge as New Front in Trade Conflict

Africa-Press - Eritrea. As global trade tensions rise, export controls have become a powerful new tool in geopolitical rivalry, limiting the movement of critical...
Oil Prices Fall as Trade Talks Stall Before Tariff Deadline

Oil Prices Fall as Trade Talks Stall Before Tariff Deadline

Africa-Press - Eritrea. Oil prices fell on Tuesday for a third consecutive session, as hopes faded for a trade deal between the U. S....
Climate Crisis Driving Global Food Price Increases

Climate Crisis Driving Global Food Price Increases

Africa-Press - Eritrea. South Korean cabbage, Australian lettuce, Japanese rice, Brazilian coffee and Ghanaian cocoa are among the many foods that have been hit...
IMF warns tariffs aren’t the answer to global imbalances

IMF warns tariffs aren’t the answer to global imbalances

Africa-Press - Eritrea. Global current account balances widened sharply in 2024, reversing a narrowing under way since the global financial crisis of 2008-2009, the...
Foreign firms’ executives entangled in Chinese probes

Foreign firms’ executives entangled in Chinese probes

Africa-Press - Eritrea. U.S. bank Wells Fargo has suspended all travel to China after one of its employees was barred from leaving the country,...