Economy

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Sudan 'political' banknote switch causes cash crunch
Sudan 'political' banknote switch causes cash crunch
by  AFP

Sudan's army-aligned government has issued new banknotes in areas it controls, reportedly aimed at undermining its paramilitary rivals but causing long queues at banks, disrupting trade and entrenching division. In RSF-held areas, civilians could become further isolated economically, struggling to trade with regions under army control.

Masa Son, Trump's Japanese buddy with the Midas Touch
Masa Son, Trump's Japanese buddy with the Midas Touch
by  AFP

Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record. The aim is to build infrastructure to develop AI with an initial $100 billion and reaching $500 billion during Trump's second term, Son said.

Lesotho's king pitches green energy to Davos elites
Lesotho's king pitches green energy to Davos elites
by  AFP

Lesotho's King Letsie III has embarked on an ambitious mission in snowy Davos, where global powerbrokers have converged, to make a royal pitch: invest in his small African nation's green transition.

France holds off Spain as world's tourist favourite
France holds off Spain as world's tourist favourite
by  AFP

Olympic host France retained its spot as the world's top tourist destination in 2024 with 100 million visitors, holding off stiff competition from countries including Spain, the tourism ministry said on Tuesday. France, which hosted the Olympic Games in July - September 2024, welcomed two more million visitors in 2024, an increase of two percent compared with 2023.