China has unexpectedly forgiven all of Zimbabwe’s debts…
…with estimates suggesting the total amount could be as high as $10 billion. Zimbabwe is under sanctions and cannot cooperate with the IMF or the World Bank. China has eagerly…
China continues to buy gold despite rising prices
The new record price for gold does not stop Chinese citizens and the government from buying the metal. The People’s Bank of China has been purchasing for 17 consecutive months,…
Cocoa Initiative
Ghana and Côte d’Ivoire inaugurate the premises of a strategic bilateral organization in Accra On April 18, 2024, in Accra, the President of Ghana and the Prime Minister of Côte…
When you try to isolate a country – don’t forget geography
Bloomberg: The Northern Sea Route and the “North-South” Corridor Will Transform Russia into a Center of Global Trade According to the publication, this will reduce the delivery time of goods…
Zimbabwe has reverted to the gold standard
While most countries abandoned the gold standard in the last century, some African nations are reconsidering its necessity to stabilize their economies. This month, the Zimbabwean dollar became the new…
Oil prices may breach $100 per barrel – Bloomberg fears
Mexico recently announced supply issues and a reduction in production by 35%. The USA, Qatar, and Iraq have also reduced supplies, and supply chains are going haywire due to sanctions…