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AfricaEconomyWorld

Russia claims US making money from fighting Russia in Ukraine

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The American arms industry will now have contracts for years to come, Deputy Foreign Minister Mikhail Galuzin has insisted Exclusive News US policy on Ukraine is inherently cynical and ignores the interests of the Ukrainian people, Russian Deputy Foreign Minister Mikhail Galuzin claimed in an interview with RT. Washington is the biggest beneficiary fromthe hostilities, he…
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AfricaEconomyWorld

BRICS idea of dumping the US dollar bill gaining momentum

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The economic bloc of developing nations has been working on establishing a new reserve currency Exclusive News Indonesia is following the lead of the BRICS group in its policy of shifting away from the US dollar in trade and financial transactions, according to the country’s central bank. Jakarta has introduced transactions in the local currency to settle cross-border trades…
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AfricaEconomy

Details about the Sudan armed conflict

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Tensions erupted in Khartoum as a result of a power struggle between the country’s military and paramilitary forces Exclusive News The battle for control of Sudan has entered its fifth day, following the failure of a 24-hour armistice declared on Tuesday by the Sudanese military and a rival paramilitary group. What is the current situation in Sudan? There is heavy fighting…
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AfricaEconomy

South Africa partnerships with BRICS to stabilize the energy sector

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We can bring mutually beneficial solutions to the table, including financing, trade, investment, research, development and more Exclusive News South Africa took over as Chair of BRICS on January 1, 2023 in a difficult national and global economic environment. The conflict in Ukraine and the West’s unilateral sanctions, have battered economies that were struggling to recover from…
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EconomyWorld

Trump claims US economy on the verge of collapse

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America is a “failing nation” that is in decline, the former president has said Exclusive News According to RT News, America and its economy are facing major challenges that could undermine Washington’s position in the world, former US President Donald Trump told a National Rifle Association (NRA) convention in the state of Indiana last week. The Biden administration has pushed…
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AfricaEconomy

DR Congo to assemble Russian trucks

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Kamaz is also in talks with Kinshasa on boosting imports of parts and vehicles Exclusive News According to RT News, Russian truck maker Kamaz is planning to build an assembly plant in the Democratic Republic of Congo, the African country’s ambassador to Moscow said in an interview with RIA Novosti news agency. According to Ivan Vangu Ngimbi, the Congolese authorities are currently…
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AfricaEconomy

DR Congo may opt using Russian payment system

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Authorities in DR Congo are considering the move due to difficulties in settlements with Moscow Exclusive News According to RT News, the Democratic Republic of the Congo may start using the Mir payment system, Russia’s alternative to Visa and Mastercard, to facilitate transactions with Russian partners, Congolese ambassador to Moscow, Ivan Vangu Ngimbi, told RIA Novosti news agency on…
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