Eurozone inflation slows to 1.7% in January
Eurozone inflation eased to 1.7% in January, according to preliminary data released Wednesday by Eurostat. Economists surveyed had also anticipated […]
International News
UK PM Starmer condemns Russian strikes on Ukraine’s energy sites
UK Prime Minister Sir Keir Starmer has condemned Russia’s recent strikes on Ukraine’s energy infrastructure as “barbaric” and “particularly depraved,” hitting power plants and leaving over 1,000 Kyiv apartment blocks without heating amid temperatures of -20°C. The attacks have caused widespread disruption, forced residents into metro shelters, and left key power facilities, including Kharkiv’s plant, damaged, while US-led peace talks continue in Abu Dhabi.
Nigeria pins Africa’s industrial growth and energy access on gas development
Nigeria is advancing its abundant natural gas resources as a key driver of Africa’s industrial development and energy transition, amid
$120 billion spent annually to hydrocarbon imports in Africa.
Africa’s reliance on imported petroleum products is draining resources needed for local capacity building and industrial growth, Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has said, stressing that retaining energy value within the continent could be economically transformative
Walmart becomes first retailer to hit $1tn market value
Walmart has become the first traditional retailer to hit a $1tn (730bn) market valuation, propelling it into a small group
IEA Opposes Proposed Changes to Mining Royalties
The Institute of Economic Affairs (IEA) has rejected the government’s proposed sliding-scale mineral royalty framework, describing it as a continuation
House Republicans Take Steps to Reopen U.S. Government
House Speaker Mike Johnson said he is confident the three-day partial U.S. government shutdown is coming to an end. He has secured enough support for a procedural vote to reopen most federal agencies, despite Democrats refusing to assist and some resistance within his own party. Negotiations continue on funding for the Department of Homeland Security, including new immigration enforcement measures.
WHO seeks $1B to tackle health crises in 2026
The World Health Organization (WHO) appealed on Tuesday for $1 billion to respond to the world’s most severe health emergencies
Crude Oil Revenues Fall to $198m in Second Half of 2025
Ghana’s crude oil receipts fell to about $198 million in the second half of 2025, reflecting fewer liftings and lower global oil prices, according to data from the Bank of Ghana.
UK Pledges $400 Million to Help Ethiopia Expand GERD-Linked Power Grid
Gridworks, a UK government-supported investor, will fund and develop around $400 million in electricity transmission projects in Ethiopia as the