US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country's leftist leadership of orchestrating a "witch hunt" against his right-wing ally, former leader Jair Bolsonaro. Bolsonaro calls Trump a "friend" and says they are both victims of "persecution."
Top Chinese economic policymakers are expected to flesh out a raft of growth-boosting policies on Tuesday, after the announcement of long-awaited stimulus measures last month sparked a blistering stock market rally. Hopes of that long-awaited "bazooka stimulus" have lit up stock markets, sending bourses in mainland China and Hong Kong surging more than 20 percent.
Kazakhstan has approved a plan to build its first nuclear power station in a referendum, overcoming lingering resentment over massive radiation exposure from Soviet-era nuclear tests. The issue of nuclear power is sensitive given that between 1949 and 1989, the Soviet Union carried out around 450 nuclear tests there, exposing 1.5 million people to radiation.
The sheep huddle together, bleeding from the nose, aborting lambs or suffocating on saliva as they succumb to bluetongue, a virus sweeping through flocks on the Italian island of Sardinia. Some 20,000 sheep have died so far this year on the island, which is home to nearly half Italy's flock and plays an important role in the production of famed Italian cheeses such as Pecorino.
Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world's top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut.
The Nigerian currency, the naira, rose in the official and parallel markets on Friday, October 4, 2024, following the increase in global crude oil prices.
The Central Bank of Nigeria (CBN) has disclosed that it carried out forex sales amounting to $543.5 million to an average of 26 authorised dealer banks in 11 days.
The Nigerian government successfully serviced debts totaling over N6 trillion in the first half of 2024, representing a 69 percent increase from the previous year.
Nigerian company, Egoras, has announced plans to sell affordable bags of rice at specific locations across the country and has explained the motives.
Ditching a lucrative career in finance, Vu Dinh Tu opened a coffee shop without telling his parents and joined a wave of young Vietnamese entrepreneurs using espressos to challenge family expectations around work.
Economy
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