Nairobi Coffee Exchange weekly auction records marginal drop in volumes moved, with 30,824 bags valued at $116.8 billion traded
According to the NCE report on the auction, brokers’ performance reflected the concentration of volumes among a few dominant marketing agents.
AI pushes out breathalysers: Australian researchers develop technology that detects drunk and dangerous drivers
Using 3D facial analysis, researchers are able to detect three major causes of road accidents simultaneously: blood alcohol concentration, fatigue and expressions such as anger, said a statement from Australia’s Edith Cowan University (ECU) on Wednesday.
US grapples with ‘massive epidemic of vaccine injury’, experts want childhood vaccine schedule ‘eliminated’
The event’s strong showing signals that “the medical coercion paradigm that enforces mass vaccination is falling apart,” she said. “Whether the powers that be recognise it or not, we thankfully are coming to the end of the era of forced medicine.”
Understanding Iran’s new Ayatollah Mojtaba: ‘It’s humiliation for US to kill an 86-year-old man only to have him replaced by his hard-line son’
Mojtaba Khamenei has spent years building influence within Iran’s political and security apparatus. Palestinian political analyst Abdul Qader Hammad of Al-Aqsa University in Gaza noted his close ties to the IRGC, which bolster his credibility and make it possible to secure support from hard-line factions.
United Nations, National Treasury step up efforts to improve Kenya’s sovereign credit rating
Africatalyst Bureau Chief for East and Southern Africa Pratik Patel noted that negative credit ratings significantly affect a country’s ability to access affordable financing in international markets.
China reconfigures its technology around exports, investment and consumption as pistons of its economic engine
The country is now poised to place big bets on technology. In late February, Beijing’s Haidian District – known as China’s Silicon Valley – pledged over 9 billion yuan ($1.3 billion) for industrial innovation this year. Leading AI model firm Zhipu AI and chip designer Moore Threads have been early bets for the district government – prime examples of China’s strategy to back up hard tech for the long haul.
US gives nod to sale of 12,000 bombs to Israel as war with Iran sucks in more Middle East states
The United States and Israel launched massive attacks on Iran on February 28, killing Iran’s Supreme Leader Ali Khamenei, multiple senior military commanders and hundreds of civilians. Iran has responded with multiple waves of missile and drone attacks targeting Israel and US assets across the region.
Group of Seven nations considers release of reserves as oil prices soar highest since 2022 at more than $119 a barrel on Iran war
Monday’s prices compare with all-time highs of around $147 a barrel for the contracts in 2008, according to LSEG data going back to the 1980s. The premium of front-month loading Brent contracts over contracts for delivery in six months’ time surged to an all-time high on Monday of almost $36, according to LSEG data going back to 2004.
Sovereignty surrender: Kenya food security at risk as President Ruto lifts ban on GMOs, plans to privatise Kenya Seed Company
Neither UNHCR nor WFP ever made this commitment and refugees were not ready to stand up in their own defence.
World oil prices soar in wake of market turmoil triggered by economic fallout of US-Israel strikes on Iran
Despite efforts by other nations to boost supply, analysts predict that the oil market will continue facing significant shortages, with geopolitical risk premiums expected to stay elevated. This surge in oil prices adds further strain to a struggling global economy. Surging oil prices have triggered turbulence across global financial markets, sending major stock indices into sharp decline.
