Global

The United Nations (UN) Department of Economic and Social Affairs (DESA) has said the gross domestic product (GDP) in developed countries will plunge to -5.0 percent by mid-2020. The World …

The European Union has added 12 countries to its money-laundering blacklist, putting their financial transactions under greater scrutiny. They include Botswana, Ghana, Mauritius and Zimbabwe. Others are Bahamas, Barbados, Jamaica, …

The African Development Bank Group has announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility is the latest measure taken …

Grandparents hugged their grandchildren, toddlers rushed excitedly through parks and factories revived their long-stalled production lines as Italy started the slow process of unwinding Europe’s longest coronavirus lockdown. Nearly two …

Britain is on track to become one of Europe’s worst-hit countries in the coronavirus pandemic, according to data on Tuesday that showed deaths from COVID-19 had already topped 20,000 by …

Some senior officials in the Trump administration have agreed to new measures to restrict the global supply of chips to Huawei Technologies, at a time when the COVID-19 pandemic impacts …

Tullow Oil plc (Tullow) has appointed Rahul Dhir as Chief Executive Officer and an Executive Director of the Group. Rahul will take up his appointment from 1 July 2020 and …

The unprecedented crash in global crude oil prices is putting the brakes on plans and efforts to develop the country’s next two oilfields. The situation is made worse by the …

The number of people facing acute food insecurity could nearly double this year to 265 million due to the economic fallout of COVID-19, the United Nations’ World Food Programme (WFP) …

Half of the world’s countries have approached the International Monetary Fund for emergency loans to weather the financial crisis sparked by the global coronavirus pandemic. More than 100 countries so …