🇪🇹🇪🇺Brewing Trouble: Ethiopian coffee industry faces impact of new EU regulations
Regulations from the European Union (EU) that aim to stop deforestation globally will go into effect in 2025, with a focus on palm oil and soy as the two main…
🇳🇬⚖️ Nigerian court postpones Binance trial owing to illness of the company’s official
On February 28, Tigran Gambaryan, the head of financial crime compliance for one of the world’s largest cryptocurrency exchanges, Binance, was arrested in Nigeria for allegedly laundering $34,400,000 through the…
Problems in the United Kingdom
The International Monetary Fund (IMF) is urging the United Kingdom to stabilize its national debt levels through either tax increases or budget cuts. The IMF has cautioned London against introducing…
🇳🇬⚖️ Binance financial crime compliance head is denied bail in Nigeria for alleged money laundering charges
A Nigerian court explained that Tigran Gambaryan was likely to flee the country. “The fact that the passport of the defendant is with the complainant does not guarantee that he…
🇨🇮🍫 Cote d’Ivoire cocoa regulator puts a halt to cooperatives stockpiling beans for sale at higher prices
“We were forced to react vigorously and suspend around 40 cooperatives and buyers to put an end to this practice, which is destabilizing the domestic marketing system and putting some…
China’s Selling of Treasury and US Agency Debt Rises to Record
China sells record amount of U.S. Government debt to move away from dollar following Russia’s reserve seizure. The share of gold in China’s reserves hits highest level since 2015.