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3 weeks ago | 
en.sputniknews.africa | Chimauchem Nwosu
Global wealth and economic indicators overwhelmingly favor the Global North, leaving the Global South at a persistent disadvantage. This imbalance manifests in trade terms, investment flows, and access to affordable credit. For poorer nations, the deck is stacked: they often face dire circumstances that limit their policy options due to external pressures.
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Mar 24, 2025 | 
en.sputniknews.africa | Chimauchem Nwosu
"A bird that relies on another for food will never fly far," says an African proverb that captures the quiet danger of dependency.
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Jun 21, 2024 | 
en.sputniknews.africa | Chimauchem Nwosu
The African Development Bank is poised to accelerate transformative programs and streamline operations to optimize results by leveraging a decade of prioritizing High Five objectives. Kalu Ojah, professor of finance at Wits Business School, University of Witwatersrand in Johannesburg, South Africa, explored the various nuances of this bold strategy with African Currents.
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May 20, 2024 | 
en.sputniknews.africa | Chimauchem Nwosu
At the Africa-Russia Summit in Sochi, Russia, in October 2019, Presidents Muhammadu Buhari and Vladimir Putin struck a deal to revamp the Ajaokuta steel complex, reportedly with funding from Afreximbank and the Russian Export Bank. Sputnik Africa takes a historical assessment of the planning, development, and management of Nigeria’s Ajaokuta Steel Company as it seeks Russia’s support to revive the plant for economic diversification and resilience.
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Apr 6, 2024 | 
bundle.app | Chimauchem Nwosu
Canada's ambassador to the US has warned that Donald Trump’s pledge to raise import tariffs may prompt reciprocal measures from other countries, including trade partners. In a recent interview, Ambassador Kirsten Hillman said the US-Mexico-Canada Agreement (USMCA) for free trade, brokered during Trump's tenure, should exempt her country from the Republican candidate's plan to impose 10 percent duties on goods from other nations if he is elected president for a second term in November.
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Apr 4, 2024 | 
bundle.app | Chimauchem Nwosu
Gold prices have risen to a record high, fueled by the US Federal Reserve signaling three interest rate cuts would be “reasonable” later this year. The prized asset has risen by 15 percent since mid-February after gaining 0.6 percent to hit $2,295 a troy ounce on Wednesday. The likely conflagration of the Middle East conflict is also a contributing factor, the Financial Times reports. Gold is expected to gain from a decrease in the supposed real interest rates.
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Apr 4, 2024 | 
bundle.app | Chimauchem Nwosu
The mayor of Italy’s secluded Alicudi island, overcrowded with wild goats, has offered to give the animals up for adoption. Riccardo Gullo proposed the novel idea after a new census of the animals showed that they outnumbered the island’s year-round population of 100 six-fold. Once a tourist attraction and dexterous navigators of Alicudi cliffs, the wild goat population in Alicudi has soared in recent years.
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Mar 30, 2024 | 
bundle.app | Chimauchem Nwosu
A staggering 92 percent of Russia-China trade settlements are in Russian rubles and Chinese yuan, Russian Deputy Prime Minister Alexei Overchuk has revealed. The statement was made on Wednesday at the 2024 Boao Forum for Asia in China’s southern province of Hainan.
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Mar 30, 2024 | 
bundle.app | Chimauchem Nwosu
Researchers have discovered a massive, abnormally structured volcano on Mars that dwarfs Mount Everest that has remained undiscovered for decades, a new study has found. Lead author and planetary scientist at the SETI Institute, Dr. Pascal Lee, and University of Maryland doctoral student of geology, Sourabh Shubham, have possibly discovered a previously unknown volcano on Mars. They presented their findings on March 13 at the 55th Lunar and Planetary Science Conference in The Woodlands, Texas.
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Mar 27, 2024 | 
bundle.app | Chimauchem Nwosu
Prolonged exposure of an individual to bright, artificial light at night could heighten their predisposition to stroke, according to research published in Stroke. A group of researchers from the Zhejiang University School of Medicine in China has asserted that the overuse of bright outdoor lights at night affects roughly 80 percent of the world's population, particularly those living in areas affected by light pollution.
