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US Fines Standard Chartered Bank $18 Million for Busting Zimbabwe Sanctions

HARARE - The United States of America has slapped global banking powerhouse, Standard Chartered Bank plc with a US$18 million fine for busting sanctions imposed on several...

Southwest Iceland on Edge: Volcano Threat Sparks Evacuations

Residents in southwest Iceland are currently in a state of anticipation, eagerly awaiting the potential eruption of a volcano lurking beneath the Reykjanes Peninsula....

Over 100 Asylum Seekers Evacuated From Libya to Rwanda

The United Nations High Commissioner for Refugees (UNHCR) said on Thursday that it evacuated more than 100 asylum seekers from Libya to Rwanda. "More than...

Cautious Optimism as Moody Upgrades Italy’s Credit Outlook to Stable

Italian authorities received Moody's recent evaluation positively, maintaining the country's credit ratings at Baa3 while upgrading the outlook from negative to stable. Economy Minister Giancarlo...

Germany Lufthansa Ground Staff Strike 2024

For the second time in 2024, the ground staff of Lufthansa, Germany's flag carrier, is set to go on strike on Tuesday, impacting operations...