IMF urges tighter fiscal controls to save Maldives
The Maldives needs “urgent and stronger” fiscal consolidation to salvage its troubled economy despite a thriving tourism industry, the International Monetary Fund has warned.
Category: International
Trump bashes Zelensky, ‘confident’ on Ukraine deal
Zelensky had earlier Tuesday criticised the US-Russia talks for excluding Kyiv, saying efforts to end the war must be “fair” and involve European countries, while postponing his own trip to Saudi Arabia.
In joint interview, Trump outlines Musk’s role as enforcer-in-chief
Billionaire Musk, who was Trump’s top donor during his 2024 presidential campaign, was tasked with leading the newly-created Department of Government Efficiency (DOGE), with the declared goal of rooting out “waste, fraud and abuse” in federal spending.
US aid freeze stops crucial Pacific projects
Donald Trump’s foreign aid freeze has halted vital projects in the South Pacific, aid workers and analysts say, risking lives and hurting US efforts to woo the region.
Musk Launches ‘Scary Smart’ AI Chatbot
Elon Musk’s artificial intelligence company unveiled Monday the latest version of its chatbot, Grok 3, which the billionaire hopes will find traction in a highly competitive sector contested by the likes of ChatGPT and China’s DeepSeek.
Cairo Building Collapse Kills 10
A building collapse in the Egyptian capital killed 10 people and injured eight more on Monday, with several others believed to be missing under the rubble, state media reported.
Thailand misses 2024 GDP forecast, Trump tariff fears loom
The slack performance means Thailand has had “one of the weakest recoveries in Asia” from the effects of Covid-19, with GDP just over four percent above its pre-pandemic level, Shivaan Tandon of Capital Economics said in a note.
Ruto Strongly Criticizes Global Credit Agencies For Unfair Assessments
Speaking during a High-Level Presidential Breakfast Dialogue in Addis Ababa, on Friday, February 14, Ruto argued that these agencies rely on outdated assumptions and systemic bias, leading to distorted ratings, exaggerated risks, and unjustifiably high borrowing costs for African countries.
UK Sanctions Putin’s Officials In Latest ‘Kremlin Crackdown’
Foreign Secretary David Lammy emphasized the importance of maintaining pressure on Russian President Vladimir Putin and called on international partners to continue their support for Ukraine.
Writer Kamel Daoud sued in France over prizewinning book
The novel, banned in Algeria, tells the story of a young woman who loses her voice when an Islamist cuts her throat as she witnesses her family being massacred during the war.
