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Sweden Announces Biggest Interest Rate Hike in Three Decades

Sweden's central bank Riksbank announced its sharpest policy rate hike in nearly three decades on Tuesday, raising it by 100 basis points to 1.75...

Government urged to support safe withdrawal of UN Mission from Mali

The UN peacekeeping mission in Mali, under danger from rebels, has completed withdrawal from half of its bases in the country, a UN spokesman...

Insurance Firms Face New Threat; Zimbabwe Mulls Immediate Relief for Pensioners, Policyholders

HARARE - Zimbabwe’s insurance industry could pay out millions of dollars to policyholders and members of pension schemes before their schemes mature if authorities agree...

Global demand for fossil fuels to peak by 2030: IEA

Global demand for coal, oil and natural gas will peak this decade for the first time in history, the International Energy Agency (IEA) said...

African Development Bank and Ethiopia Resolve to Normalize Relations

In the aftermath of a grave diplomatic incident where two international staff members of the African Development Bank Group, stationed at the Bank's Country...