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IMF approves US$650 SDR allocation to boost global liquidity

The International Monetary Fund (IMF) board of governors has approved a US$650 billion Special Drawing Rights (SDR) general allocation for its member countries as...

China Commits US$2,5 Billion to Zimbabwe, Slams Global Embargo

HARARE - China has extended US$2,5 billion in loans, investments and grants to Zimbabwe in the past few years, Beijing’s top diplomat in Harare...

UN Condemns Deadly Missile Attack on Vinnytsia Ukraine

Cruise missiles fired from a Russian submarine in the Black Sea struck civilian areas of the city, including an office block and residential buildings,...

Flights resume between Libya and Italy after decade-long hiatus

A Rome-bound flight took off Saturday in the Libyan capital, resuming direct scheduled flights between Libya and Italy after a nearly 10-year halt. Operated by...

Gold Miners Fret About Long-Term Supply Even as They Boost Dividends

HOLLYWOOD, Florida – Gold miners have largely been boosting dividends to appease long-suffering shareholders rather than funding fresh exploration projects needed to grow production,...