Africa Sets Sights on $712 Billion Digital Trade Boom by 2035 with AfCFTA
Africa is strategically aligning itself to tap into a projected $712 billion digital trade market by 2035 through the African…
Category: International
U.S. Lawmakers Introduce Bipartisan Bill to Ban Chinese AI Models in Government Agencies
A bipartisan group of U.S. lawmakers has introduced the “No Adversarial AI Act”, a bill aiming to prohibit U.S. executive…
Gartner Warns Over 40% of Agentic AI Projects Will Be Abandoned by 2027 Amid High Costs and Hype
More than 40% of current agentic artificial intelligence (AI) projects will be discontinued by the end of 2027, according to…
Treasury yields hold steady as investors monitor Israel-Iran ceasefire
U.S. Treasury yields remained relatively stable on Wednesday as investors monitored geopolitical tensions following a ceasefire between Israel and Iran.…
Xero Acquires U.S. Fintech Melio for $2.5 Billion in Major U.S. Expansion Push
New Zealand-based accounting software giant Xero has announced a $2.5 billion acquisition of U.S. payments platform Melio, marking the largest…
OpenAI CEO Altman Discusses Future with Microsoft Amid Investment Talks and Political Outreach
OpenAI CEO Sam Altman revealed in a recent New York Times podcast that he held discussions with Microsoft CEO Satya…
Asia Stocks Rise, Dollar Slips as Israel-Iran Ceasefire Boosts Market Optimism
Asian stock markets inched upward on Wednesday following a tentative ceasefire between Israel and Iran, restoring some investor confidence and…
Nigerian AI-inclined startups dominate Google’s new program
Google has unveiled the ninth edition of its Google for Startups Accelerator: Africa program, spotlighting 15 innovative, AI-driven startups from…
OpenAI Launches Codex: Advanced AI Coding Agent for Developers
OpenAI has introduced Codex, a sophisticated AI coding agent designed to assist software developers in automating key tasks. Available to…
US Stock Futures Climb as Trump Brokers Israel-Iran Ceasefire
U.S. stock futures saw a sharp rise on Tuesday following former President Donald Trump’s announcement of a ceasefire between Israel…
Global Central Banks Shift Reserves from Dollar to Gold, Euro, and Yuan Amid Geopolitical Tensions
Central banks managing a collective $5 trillion in reserves are planning a strategic move away from the U.S. dollar, increasingly…
Global Markets Rally as Iran-Israel Ceasefire Eases Tensions; Oil Prices Plunge
Global financial markets responded strongly to news of a ceasefire between Iran and Israel, as confirmed by U.S. President Donald…
$1 Billion Bitcoin Treasury Firm Launched by U.S. Investor Pompliano in Historic Crypto Merger
A major move in the cryptocurrency world unfolded as U.S. entrepreneur Anthony Pompliano announced the formation of a new bitcoin…
UK Regulator Moves to Rein in Google’s Search Power with Strategic Market Status
The UK’s Competition and Markets Authority (CMA) announced plans to designate Google with “strategic market status” (SMS), aiming to gain…
US Alleges Chinese AI Firm DeepSeek Supports Military and Dodges Export Controls Using Shell Companies
The United States government has accused Chinese AI firm DeepSeek of aiding China’s military and intelligence sectors. A senior U.S.…
Dollar Surge May Be Short-Lived Amid U.S.-Iran Tensions, Analysts Warn
The U.S. dollar saw a short-term boost in global markets early Monday following military strikes by the U.S. on Iran,…
Trump Urges Major Rate Cuts Ahead of Powell’s Testimony, Ties Fed Policy to Inflation and Tariffs
Former U.S. President Donald Trump has renewed his call for significant interest rate cuts, suggesting that rates should be lowered…
European Markets Dip as U.S. Strikes Iran and Strait of Hormuz Closure Looms
Market Reactions to Middle East Escalation:European markets opened the week in the red as geopolitical tensions surged following the U.S.…
Europe Pushes for Digital Sovereignty Amid U.S. Tech Dominance and Trump’s Second Term
As Donald Trump begins his second term as U.S. president, a growing number of Europeans are turning away from American…
Oil Prices Could Soar to $150 as Iran Approves Strait of Hormuz Closure Amid Rising Tensions
In a bold geopolitical move, Iran’s parliament has approved the closure of the Strait of Hormuz, a narrow but essential…
Global Equity Funds See Largest Outflows in Three Months Amid Middle East Tensions, U.S. Trade Uncertainty
Global equity funds experienced significant withdrawals totaling $19.82 billion in the week ending June 18, marking the largest outflow in three months, according…
Nigeria Leads Global Stablecoin Adoption in 2025, Second in Overall Digital Asset Use — Yellow Card Report
Nigeria has emerged as the global leader in stablecoin adoption, according to the newly released 2025 Report on the State of…
US Recovers $225M in Largest-Ever Crypto Scam Bust | Crypto Fraud, Blockchain, FBI
The United States government announced on Wednesday, June 19, 2025, that it has successfully recovered $225 million in what is…
Global investment decline may worsen due to tariffs, UN trade agency warns
Global foreign direct investment (FDI) declined for the second year in a row in 2024, and projections for 2025 indicate…
Bitcoin Stagnates Amid Hawkish Fed Stance and Israel-Iran Conflict
Bitcoin remained in a tight consolidation range on Thursday, trading around $105,200, as rising geopolitical tensions between Israel and Iran…
China Likely to Hold Lending Rates Steady Amid Trade Truce and Recent Easing Measures
China is expected to keep its key lending rates unchanged during its upcoming monthly review, following significant monetary easing measures…
EU Court Adviser Backs €4.1 Billion Antitrust Fine Against Google Over Android Dominance
Alphabet’s Google is facing a significant legal challenge in Europe as a top adviser to the European Union’s highest court…
Geopolitical Tensions and Central Bank Decisions Keep Global Markets on Edge
Global financial markets remain cautious as geopolitical uncertainty surrounding potential U.S. military action in the Middle East collides with a…
Japan Cuts Super-Long Bond Sales by 10% to Stabilize Market Amid Rising Yields
In a significant shift to its fiscal strategy, the Japanese government plans to cut sales of its super-long bonds by…
Fed Holds Rates, Warns of Inflation and Slower Growth Amid Global Tensions
The U.S. Federal Reserve has decided to keep interest rates steady between 4.25% and 4.5%, maintaining its position since December…