Business – Page 203 of 206 – nationalcourrier.com

Global Highlights: Brazil’s Social Media Reinstatement, China’s Stock Market Slump, Cameroonian Leadership Speculation, and Hungary’s Olive Oil Revolution

October 10, 2024October 10, 2024 - by Carmen Mendez - Leave a Comment

Brazil reinstates social media platform X after a five-week suspension due to disinformation, driven by user losses. Chinese stock markets see a significant 7% drop amid declining confidence in government …

Business / economics

Economic Impacts of Uganda’s Anti-LGBTQ Legislation: A $1.6 Billion Loss in One Year

October 9, 2024October 9, 2024 - by Carmen Mendez - Leave a Comment

A recent study reveals that Uganda’s anti-LGBTQ legislation has resulted in economic losses of approximately $1.6 billion in the past year, impacting foreign investments, international aid, and tourism. The financial …

Business / economics

Corruption in Uganda: Annual Losses Reach $2.5 Billion

October 8, 2024October 8, 2024 - by Liam Nguyen - Leave a Comment

Uganda incurs an annual loss of about $2.5 billion due to corruption, accounting for nearly a quarter of its national budget. The country ranks poorly in the corruption index and …

Business

Experts Warn of Cryptocurrency Outflows Impacting Brazil’s Exchange Rates

October 7, 2024October 7, 2024 - by Liam Nguyen - Leave a Comment

Economic analysts express concerns over the impact of growing cryptocurrency outflows on Brazil’s exchange rates, with significant amounts recorded for 2023. Data indicates $14.7 billion has left Brazil due to …

Business / economics

Will Argentina Embrace Bitcoin as Legal Tender Like El Salvador?

October 6, 2024October 6, 2024 - by Marcus Chen - Leave a Comment

Argentina is contemplating the adoption of Bitcoin as legal tender, following El Salvador’s example, amid severe economic turmoil. President Javier Milei is advocating for cryptocurrencies, which have gained popularity due …

Business / Companies / economics

Maldives President Muizzu to Seek Economic Support from India during High-Stakes Visit

October 6, 2024October 6, 2024 - by Carmen Mendez - Leave a Comment

Maldives President Mohamed Muizzu has arrived in New Delhi for a four-day state visit, where he is set to meet with Prime Minister Narendra Modi to discuss economic support amid …

Business / economics

Economic Crisis in the Maldives: President Muizzu’s Diplomatic Outreach to India

October 6, 2024October 6, 2024 - by Carmen Mendez - Leave a Comment

Maldivian President Mohamed Muizzu visits India seeking economic assistance amidst an impending fiscal crisis and strained relations due to his previous ‘India out’ policy. With dwindling foreign reserves and a …

Business / Companies

Investment Insights: Navigating Oil Stocks Amidst Israel-Iran Conflict

October 5, 2024October 5, 2024 - by Sofia Nawab - Leave a Comment

The Israel-Iran war is causing a sell-off in Indian oil stocks as crude oil prices rise and the Indian National Rupee weakens. Analysts predict further declines in the oil sector …

Business / economics

Zimbabwean Business Delegation Celebrated at Lavish Banquet in Namibia

October 5, 2024October 5, 2024 - by Marcus Chen - Leave a Comment

The Zimbabwean Embassy in Namibia hosted a banquet for 15 companies participating in the Windhoek Agricultural and Livestock Fair, where Zimbabwe was named the best foreign exhibitor. Ambassador Melody Chaurura …

Business / Companies

The Rise of Solar Power Companies in Africa: Bridging the Electrification Gap

October 5, 2024October 5, 2024 - by Allegra Nguyen - Leave a Comment

Solar power companies in Africa are rapidly expanding to provide electricity to the 600 million individuals who lack it, particularly in Central and West Africa. These enterprises offer a range …