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DRC President Considers Staying Beyond Official Mandate
Senior official, Henri Mova Sakani, stated that a constitutional referendum is up for consideration allowing President Joseph Kabila to run for a third term in the Democratic Republic of...
WTO Calls UAE a Global Trade Hub; Praises Economic Policies
The World Trade Organization (WTO) recently reviewed the United Arab Emirates (UAE) and its trade policies, and ranked it against other member nations around the world. According to the...
U.S. Job Market Suffers a Disaster
A new report on the job market in America is being called a “disaster” by several economists, as weak job growth and discouraged workers contribute to a bleaker economic...
Mongolia and U.S. Cement Ties as Mongolian Economy Suffers
U.S. Secretary of State, John Kerry, visited Mongolia on Sunday as Mongolian leadership aims to foster closer ties to the United States, according to PBS. Mongolia retains partnerships with...
New Thinking needed to Finalize Jordan, IMF Deal
Jordan has been engaging in talks with the International Monetary Fund (IMF) over the issue of the Extended Fund Facility (EFF) for some time. Now, the negotiations are in...
Stable Unemployment but Weak Job Gains define the U.S. Labor Market
A microscopic gain in jobs and a steady unemployment rate indicate gradual improvements in America’s job market. Two separate reports on the labor market indicate improvements for workers, with...
Angolan President Appoints Daughter as Head of National Oil Company
President Jose Eduardo dos Santos appointed his daughter, Isabel dos Santos, as head of state oil company Sonagaol after disbanding the old board, according to Reuters. The president wishes...
IMF Says Venezuela Will Suffer 750% to 1200% Inflation
Venezuela has been economically embattled for some time, and the future does not appear any brighter. The International Monetary Fund (IMF) recently projected that the nation’s inflation rate will...
Manufacturing Crashes to Crisis-Level Lows
Manufacturing in the United States has turned significantly weaker, hitting its lowest point since 2009. In May, manufacturing activity fell because of weak new order growth and poor inventories....
Armenia Loses Foreign Investment: Debt Burden Increases
Armenia is losing credibility among foreign investors as high debt and mismanagement scare away members of the business community, according to AzerNews. Armenia relies on foreign investment, Russian remittances,...