Ethiopian Prime Minister Abiy Ahmed on Tuesday inaugurated the Renaissance hydroelectric power plant (Hidase) on the Nile — the largest in Africa. The ceremony was broadcast on social media and was attended by the leaders of Kenya, Djibouti, Somalia and South Sudan.According to the minister, the launch of the HPP will not harm Egypt and Sudan, but on the contrary, will create new opportunities for economic integration.Construction of the $4.2 billion facility began in 2011. The station's capacit... Прочетете още
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Australia and New Zealand have announced new sanctions against Russia. Moreover, Australia has... Прочетете още
The German division of EY has presented a study assessing the economic impact of increased defense... Прочетете още
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Under the chancellorship of Olaf Scholz, Germany's share in world trade dropped to a record 6.3%.... Прочетете още
China urges the United States to abandon the use of tariffs as a tool of pressure in international... Прочетете още
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The members of the US Federal Reserve Committee consider it advisable to act cautiously when... Прочетете още
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Francois Bayrou, the French prime minister, is facing his sixth vote of no confidence in recent... Прочетете още
Brazil officially joins the OPEC+ Cooperation Charter after approval by the National Energy... Прочетете още
Germany, Europe's largest economy, is in a vulnerable position due to the possible imposition of US... Прочетете още
European Commissioner Theresa Ribera said that the EU will not weaken its laws and principles,... Прочетете още
The decision of the Donald Trump administration to impose high duties on steel and aluminum has... Прочетете още
Companies are increasingly shifting production from China to other countries in an effort to reduce... Прочетете още
Preliminary talks between the Russian and American delegations took place in Riyadh. Kirill... Прочетете още
OPEC+ is considering postponing the planned increase in oil production in April due to global... Прочетете още
According to most analysts, the ECB plans to lower its key deposit rate below 2% by early 2026.... Прочетете още
On Monday, gold prices rose slightly after a sharp decline at the end of last week. The current... Прочетете още
Bitcoin started the week with a cautious decline amid expectations of key signals from the Fed and... Прочетете още
Japan's economy is showing signs of stagnation. By the end of 2024, the country's GDP growth was... Прочетете още
US federal judge Amir Ali has ordered the Donald Trump administration to resume financing foreign... Прочетете още
