
IMF Warns of Rising Borrowing Costs and Banking Risks in Sub-Saharan Africa
Oct 16, 2025 15:17 pm UTC| Economy
Sub-Saharan African governments are increasingly turning to domestic banks to finance budget shortfalls, paying more to borrow locally than from international markets, according to the International Monetary Fund (IMF). In...

Western Powers Tighten Grip on Russia’s Oil as Trump Claims India to Halt Purchases
Oct 16, 2025 15:11 pm UTC| Politics Economy
Western nations have intensified pressure on Russias oil exports amid the ongoing war in Ukraine, with U.S. President Donald Trump asserting that India will cease buying Russian crude and Britain imposing sweeping...

Wall Street Rises as TSMC Forecast and AI Optimism Boost Chip Stocks
Oct 16, 2025 15:09 pm UTC| Economy
Wall Streets main indexes climbed on Thursday, supported by strong earnings from Taiwan Semiconductor Manufacturing Company (TSMC) that reinforced investor optimism about artificial intelligence (AI) and extended a rally...

Fed’s Stephen Miran Unconcerned About Asset Price Risks Amid Easing Policy
Oct 16, 2025 15:03 pm UTC| Central Banks Economy
Federal Reserve Governor Stephen Miran expressed confidence that the central banks plans to ease monetary policy will not dangerously inflate already elevated asset prices. Speaking to Reuters on the sidelines of the...

U.S. LNG Export Capacity Set to Double by 2029, Says EIA
Oct 16, 2025 14:51 pm UTC| Economy
The United States is gearing up for a massive expansion in liquefied natural gas (LNG) exports, with plans to more than double its current liquefaction capacity by 2029, according to the U.S. Energy Information...

U.S. Stock Futures Rise on Fed Rate Cut Hopes and Strong Corporate Earnings
Oct 16, 2025 14:39 pm UTC| Economy
U.S. stock futures climbed on Thursday as optimism grew over potential Federal Reserve rate cuts and solid third-quarter earnings from several major companies lifted investor sentiment. The market rally reflects increasing...

Trump Ties U.S. Support to Milei’s Midterm Success as Argentina Faces Key Vote
Oct 16, 2025 14:15 pm UTC| Politics Economy
U.S. President Donald Trump met Argentine President Javier Milei at the White House this week, warning that continued U.S. financial support depends on Mileis performance in Argentinas upcoming midterm elections. The...