As Africa pioneers non-dollar payments systems, Trump responds with threat to impose stiff tariffs
The move by Africa to create payments systems that do not rely on the greenback mirrors a push by China to develop financial systems independent of Western institutions. Countries like Russia, which face economic sanctions, are also keen for an alternative to the dollar.
Coffee, once a jewel in Kenya economy, struggles as government targets 150,000 tonnes per year
To address these challenges, Cabinet Secretary Wycliffe Oparanya disclosed that his ministry has already rolled out a number of reforms including the distribution of over 780,000 seedlings so far, with a target of five million by the end of this year and 20 million by the end of 2026.
Netanyahu says fall of Iran’s leadership will be a consequence of attacks, not main target of Israel
Military analysts believe Israel might need the help of US military bunker-busting bombs to destroy the Fordow Fuel Enrichment Plant, the crown jewel of Iran’s nuclear programme buried beneath a mountain near the city of Qom.
Israeli strikes render 86-year-old Supreme Leader Ayatollah Ali Khamenei lonely, allies keep off
Iran’s 86-year-old Supreme Leader Ayatollah Ali Khamenei cuts an increasingly lonely figure. Khamenei has seen his main military and security advisers killed by Israeli air strikes, leaving major holes in his inner circle and raising the risk of strategic errors, according to five people familiar with his decision-making process. One...
While US spies’ verdict is Iran ‘is not building a nuclear weapon’ Trump dismisses it, tells Tehran to ‘surrender unconditionally’
President Donald Trump dismissed the assessment of US spy agencies during an overnight flight back to Washington as he cut short his trip to the Group of Seven summit to focus on the escalating conflict between Israel and Iran.
Kenya fisheries institute establishes farmer training centre in Kakamega as blue economy takes root
KMFRI is seeking partnerships for technical support from China, Philippines, Canada, United States of America (USA) and Israel that have similar facilities for provision of expert technical assistance and training.
Trump in another assassination scare as an Arizona man is sought for threatening to kill him
In early August, a Virginia man was charged with threatening Vice President Kamala Harris, Trump’s Democratic rival, and a New Hampshire man was arrested in December for threatening to kill Republican presidential candidates.
Harris questions Trump’s democratic credentials, casts Republican flagbearer as unfit to be US president
Harris made a direct call to Republicans who don’t support Trump to put aside party labels and to support her over Trump, who denied his loss to Biden in the 2020 election, which inspired the January 6, 2021, Capitol insurrection.
Bill Clinton tears into Trump at Democratic convention that introduced Harris’ running mate Walz to Americans
Many Americans had never heard of Tim Walz until Harris made him her running mate. In his first weeks of campaigning, he’s charmed supporters with his background and helped to balance Harris’ coastal background as a cultural representative of Midwestern states whose voters she needs this fall.
America’s Choice 2024: Investors in US analysing possible market impact of a Harris administration
Higher taxes could also bite into corporate profits. Each percentage point change in the statutory domestic corporate tax rate should shift S&P 500 earnings by slightly less than 1 per cent, strategists at Goldman Sachs said.
