Saturday, December 16, 2017

Why Singapore is putting its oil back into the ground

https://www.youtube.com/watch?v=6h5t6uQW2Yo The Jurong rock caverns in Singapore are defying the challenge of limited land space by creating a deep underground storage facility for the city-state's...

African air travel primed for take-off

Africa has long been the El Dorado just over the horizon for airlines, but sustained economic growth and the emergence of a middle class...

Flawless diamond sells for $22.1m in New York

A flawless 100-carat diamond has sold for $22.1m (£14.8m) at Sotheby's auction house in New York. The gem, originally mined by De Beers in South...

US investors eyeing Iran’s stock market

Mohammad Fetanat, the president of the Securities and Exchange Organization of Iran (SEO), said contacts from US companies were made immediately after Iran and...

Dollar’s Rise Reshuffles Global Economy Into Winners and Losers

    The rising U.S. dollar is redistributing growth throughout the global economy. The greenback’s ascent to the highest in a dozen years on a trade-weighted basis...

United States loses sparkle as Europe shows signs of hope

Investors will cast a wary eye on the latest gauges of the United States' economic health this week, while troubled Europe shows early signs...

Is Zimbabwe Any Good For Business? 150 Companies Say No

In 2014, 150 companies in Zimbabwe were placed under curatorship and  leaving nearly 4,000 workers without jobs as the country’s economy suffered from post sanction...

Latest article

Exclusive – United States suspends aid to Somalia’s battered military over graft

The United States is suspending food and fuel aid for most of Somalia's armed forces over corruption concerns, a blow to the military as...

Somaliland President Fields New 23-Ministry Government

His Excellency the newly inaugurated President of the Republic of Somaliland, Musa Bihi Abdi, today, released his government's first roster of ministers and vice...

Somaliland hailed as it swears in new president

The self-declared republic of Somaliland has sworn in its fifth president, Muse Bihi Abdi. There was excitement and optimism on social media as citizens relished...