IMF lifts 2025 global growth forecast on tariff distortion
Africa-Press - Lesotho. The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump’s sweeping tariffs sparked a bigger-than-expected surge in...
Low Rainfall and Cold Temperatures Threaten Cocoa Crops
Africa-Press - Lesotho. 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
Africa-Press - Lesotho. Russia said Monday that it has temporarily banned gasoline exports until Aug. 31.
"The decision was made to maintain a stable situation...
MULTIPLE SECTORS HIT BY U.S TARIFFS
Africa-Press - Lesotho. Even though different sectors in Lesotho will have a pinch from the United States (U.S) imposed tariffs, the textile sector has...
What To Expect From Monday’s OPEC+ Meeting
Africa-Press - Lesotho. 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
Africa-Press - Lesotho. 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
Africa-Press - Lesotho. 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
Africa-Press - Lesotho. 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
Africa-Press - Lesotho. 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
Africa-Press - Lesotho. South Korean cabbage, Australian lettuce, Japanese rice, Brazilian coffee and Ghanaian cocoa are among the many foods that have been hit...