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BusinessDisasterEconomyWorld

Global food giant issues grim warning-RT News

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Nestle expects prices for staple items to keep on rising in 2023 Exclusive News The world’s biggest food corporation, Nestle, has said prices for staple items will continue to grow during 2023, after more than a year of price increases that have forced the ordinary consumer into an ongoing struggle to buy groceries. The giant increased prices by 8.2% last year, but says this was not…
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BusinessEconomyPoliticsWorld

Russia should ditch dollar in trade with African countries – economist to RT_RT News

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Settlements in national currencies are key to boosting commerce, an African studies professor says. Exclusive News Western sanctions have prompted Russia to develop stronger economic ties with African countries, and switching to national currencies instead of using the dollar and euro in mutual trade will further boost cooperation, the head of the Institute for African Studies of the…
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BusinessEconomyTechnology

Load shedding’ takes a toll on small businesses in South Africa-Aljazeera

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Small business owners say the scheduled power cuts are hurting their daily operations. Breaking News Cape Town, South Africa – In the five years since Corner Cafe opened its doors a few metres away from the South African Parliament building in Cape Town’s central business district, it has become a popular meeting place for politicians, researchers and other locals. But less than two years…
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Economy

Ukraine war fueling existing global food crisis, UN warns-Aljazeera

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‘Food is available,’ Luca Russo, the FAO’s lead analyst for food crises, tells Al Jazeera. The issue is soaring prices. As the cost of food soars around the world, the United Nations warns that the war in Ukraine risks aggravating inflating prices and causing a full-on global food crisis. Exclusive News The UN’s Food and Agriculture Organization’s (FAO) food price index, a…
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BusinessEconomy

How a Middle Eastern businessman became a world-famous criminal facing a 291-year American prison sentence-RT News

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RT tells the story of Arif Naqvi, an entrepreneur accused of stealing from some of the most powerful powerful people on earth Exclusive News It’s a chilly day in London. I arrive at amembers-only club in Mayfair. I’m about to have a meeting I’ve been waiting to make happen for nearly two years. It’s with Arif Naqvi. He’s the man accused of stealing hundreds of millions of…
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EconomyWorld

Kremlin denies blame for food crisis as Putin meets AU leaders-Aljazeera

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African countries are acutely affected by the growing crisis, which has sent prices of grains, cooking oils, fuel and fertiliser soaring. Exclusive News The Kremlin said that Russian President Vladimir Putin who is meeting African Union leaders, will tell them that Moscow is not to blame for the growing food crisis affecting their continent. State TV showed Putin greeting Senegalese…
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EconomyWorld

World war for bread’ underway in Italy-Rt News

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Coups and terrorism threaten Africa if the conflict in Ukraine does not end soon, Rome warns If the military conflict in Ukraine does not come to an end soon, the resulting famine could trigger political instability in Africa, Italian Foreign Minister Luigi di Maio warned during a press conference on Saturday. He also suggested “the proliferation of terrorist organizations and coups…
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