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Elizabeth Williams

Shock GDP Slide Fuels UK Slowdown Corncern, Investors Eye U.S Fed Rate Decision

New figures out on June 13 showed the UK’s economy unexpectedly shrank in April. GDP contracted by 0.3%, when economists had expected it to...

South Korea Truck Strike Hits Chipmakers, Economy For $1.2 Billion

A strike by truckers in South Korea has cost the economy $1.2 billion in lost production and unfulfilled deliveries. That’s according to government estimates...

Crypto Winter: Bitcoin Plunges As Major Lender Halts Operations, Coinbase Cuts Jobs

In a latest high-profile collapse of a pillar of the cryptocurrency industry, the Price of bitcoin and other cryptocurrencies plummeted Monday after a major...

WTO MC12: European Union Committed To Open And Rules-Based Multilateral Trading System – Council

The European council in a press release says Sunday, states the European Union is committed to an open and rules-based multilateral trading system, with...

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Super Falcons Crush Comoros 5-0, Set Up Morocco Clash

Nigeria’s Super Falcons have secured a place in the third round of the African qualifiers for the 2028 Los Angeles Olympic Games after defeating Comoros 5-0 at the Remo Stars Stadium in Ikenne, Ogun State, on Tuesday. The victory completed a commanding 7-0 aggregate triumph for Nigeria, following...

Oyedele Warns Against New Taxes Amid Economic Strain

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has cautioned governments against introducing new taxes or increasing existing tax burdens, particularly on low-income households and productive sectors of the economy. Oyedele gave the warning during the 2026 annual meetings of the International Monetary Fund...

Kim Flexes US-Range Missile Before Trump Trip

North Korea unveiled the Hwasong-20 ICBM, capable of striking the US mainland, at a new defence museum as Donald Trump hinted at a meeting with Kim Jong Un at the APEC summit in China this November. North Korean leader Kim Jong Un opened a new Defence Revolution Museum...