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Beyond the Resource Curse: Eritrea’s Path to Sustainable Development
shabait89d ago

Beyond the Resource Curse: Eritrea’s Path to Sustainable Development

Africa, the world’s second-largest continent, is exceptionally rich in natural resources. These range from vast tracts of arable land and abundant water resources to significant deposits of oil, natural gas, minerals, and forests, as well as wildlife. Indeed, the continent holds a substantial share of the world’s natural wealth, encompassing both renewable and non-renewable resources. [...]

#COMMODITIES
Bank of England Hawkish Repricing: The Critical Force Bolstering the British Pound
bitcoinworld89d ago

Bank of England Hawkish Repricing: The Critical Force Bolstering the British Pound

BitcoinWorldBank of England Hawkish Repricing: The Critical Force Bolstering the British PoundLONDON, March 2025 – A significant hawkish repricing of Bank of England (BoE) interest rate expectations now provides fundamental support for the British Pound, according to analysis from global financial group MUFG. Consequently, currency markets are adjusting their positions as inflation dynamics and economic data force a reassessment of the UK’s monetary policy trajectory. This [...]This post Bank of England Hawkish Repricing: The Critical Force Bolstering the British Pound first appeared on BitcoinWorld.

#FOREX
Elumelu disowns AI-generated scam video endorsing crypto platforms
punchng89d ago

Elumelu disowns AI-generated scam video endorsing crypto platforms

Tony Elumelu warns the public about an AI-generated scam video falsely portraying him endorsing a crypto platform, highlighting the growing threat of digitRead More: https://punchng.com/elumelu-disowns-ai-generated-scam-video-endorsing-crypto-platforms/

#FOREX
Thai Airlines Press for Fuel Tax Cuts as Brent Hits $105
emirates24789d ago

Thai Airlines Press for Fuel Tax Cuts as Brent Hits $105

Thai carriers are intensifying pressure on the government to slash jet fuel taxes, citing "unsustainable" operational costs as global oil benchmarks surge. The Association of Thai Airlines (AAL) warned Monday that the industry, a backbone of the nation’s tourism-dependent economy, is struggling to absorb the shock of energy prices triggered by the escalating conflict in the Middle East.Pudthipong Prasarttong-Osoth, President of the AAL and CEO of Bangkok Airways, emphasized that government intervention is now critical to stabilizing the sector. "Aviation is an essential infrastructure for Thailand’s tourism and economy," Pudthipong stated, adding that tax relief is necessary to maintain travel activity as fuel expenses spiral out of control.The appeal comes as Brent crude, the international benchmark, surged to approximately $105 per barrel in Monday’s trading. Global oil prices have seen a staggering cumulative increase of nearly 40% since the outbreak of the war between the U.S.-Israeli alliance and Iran on February 28. While Brent retreated slightly from an intra-day high of $106 to settle around $104.73 (a 1.6% daily gain), the sustained volatility continues to threaten the financial viability of regional carriers entering the third week of the conflict.

#ECONOMY