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Brazil has auctioned several oil sites in the Amazon amid protests from environmentalists and Indigenous groups. Critics warn about potential environmental degradation and threats to local communities, as concerns mount …
Brazil Auctions Off Several Amazon Oil Sites Despite Protests from Environmentalists and Indigenous Groups Read More
Iran is set to reject a U.S. nuclear proposal requiring uranium enrichment suspension. Market reactions show gold prices rising, reflecting investor risk sentiment amid geopolitical tensions. Caution is advised for …
Iran Poised to Reject US Nuclear Proposal Amid Ongoing Tensions Read More
In April 2025, Libya’s Full Minimum Expenditure Basket (MEB) increased 0.7% to LYD 909.44, with the eastern region now the most expensive. Notable price hikes in various towns reflect ongoing …
WFP Reports On Libya’s Rising Market Prices In April 2025 Read More
Former President Trump is visiting Saudi Arabia, Qatar, and the UAE, with a focus on defense agreements and economic partnerships. His trip could strengthen U.S. presence in the region and …
Trump’s Upcoming Trip: Focus on Defense and Economic Ties in the Middle East Read More
Oil prices stabilized amid weak trading following concerns over new U.S. tariffs potentially impacting global demand. Brent crude futures were at $74.49, and WTI at $71.23. Analysts highlight a cautious …
Oil Prices Stabilize Amid Anticipated New Tariffs Read More
Sierra Leone will promote its offshore oil licensing and drilling plans at the Invest in African Energy Forum in May 2025, showcasing its potential with substantial oil reserves. The country …
Sierra Leone to Showcase Offshore Oil Potential at Invest in African Energy Forum Read More
Elon Musk directs Tesla to enter the Saudi Arabian market amidst plummeting sales in Europe and the US. Initiatives include pop-up stores with plans for permanent showrooms. This pivot follows …
Tesla’s Strategic Expansion into Saudi Arabia Amid Declining Sales Read More
WTI crude oil is trading at $69.15 amid tighter supply concerns due to U.S. tariffs on Venezuelan oil and a larger-than-expected decline in U.S. inventories. President Trump’s tariff announcement is …
WTI Crude Oil Prices Rise Amid Supply Concerns Linked to Venezuela Read More
Waraba Gold Limited is set to acquire 80% of Somaco Global in Ivory Coast, enhancing its exploration initiatives. It plans to raise US$500,000 through debentures while operations in Mali remain …
Waraba Gold Strengthens Position in Ivory Coast Amid Mali Challenges Read More
Egypt’s economy is currently stable due to a rescue by the UAE and the IMF, reversing prior instability. Key investments and reforms are yielding positive economic readings and attracting international …
Egypt’s Economic Stability: Impacts of Foreign Investment and Reform Read More