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Gold Soars to 2-Week High: International Edition (English)
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On Thursday, Vietnam’s gold prices remained near an all-time high reached approximately two weeks prior. This stability occurred as global rates increased, accompanied by inflationary concerns. The Saigon Jewelry Company’s gold bar increased by 0.41%, reaching VND122.7 million per tael. It should be noted that one tael is equivalent to 37.5 grams or approximately…
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UN: $43 Billion Needed Annually to Meet 2030 Global Goals
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By Kingsley Webora TANKEH A financing roadmap drawn by the World Bank, United Nations Development Programme (UNDP) and other United Nations (UN) agencies in Ghana shows the\xa0 need to raise about US$522billion in order to meet the Sustainable Development Goals (SDGs) by 2030. Nevertheless, if we exclude the government’s annual revenue allocation from the…
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Dollar Inches Up Against Dong – International Edition (English)
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On Thursday morning, the U.S. dollar saw a slight increase against the Vietnamese dong but declined when compared to most significant currencies. Vietcombank sold its dollars at a rate of VND26,150, which was 0.07% higher than before. The State Bank of Vietnam reduced its reference rate by 0.01% to VND24,927. In the underground market,…
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Rejecting the 20-Pesewa Coin: How a Silent Culprit Fuels Inflation
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By Andy Sena AGBLEY & Walter Kwaku AWUAH Starting from late 2006, rumors began circulating regarding the gradual discontinuation of the 20-pesewa coin. In July 2007, under the leadership of Dr. Paul Amoafo Acquah, the Central Bank of Ghana implemented a significant monetary policy change with the redenomination of the cedi. The objective was…
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PM Holds Talks With World Bank Group President
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On May 8, Prime Minister Dr. Harini Amarasuriya had a meeting with Mr. Ajay Banga, President of the World Bank Group, at her office to talk about Sri Lanka’s key development goals and to continue their strategic partnership. The Prime Minister thanked the World Bank for their assistance during Sri Lanka’s recent financial turmoil…
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Morocco Boosts Sustainable Growth with €65 Million EBRD Green Fund
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Morocco has obtained €65 million in green funding from the European Bank for Reconstruction and Development (EBRD) to aid its national shift towards a more sustainable, low-carbon economic model. The financial support, which is part of the EU-supported Morocco Decarbonisation and Climate Resilience initiative, will focus on enhancing climate resilience, promoting an energy shift…
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UK Firms Can Bid on Govt Tenders Over Rs 200 Cr Post-FTA, Says Piyush Goyal
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In New Delhi [India], on May 8 (ANI), the Union Commerce and Industry Minister provided additional information regarding the Free Trade Agreement between India and the UK. Piyush Goyal mentioned that UK-based suppliers will qualify to bid for government contracts only if the order exceeds Rs 200 crore. The Union Minister also mentioned that…
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UK Inflation Spike: See How Fast Prices Are Soaring!
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains above the Bank of England’s targeted figure. The Bank of England adjusts interest rates to aim for an inflation rate of 2%, and in 2025, it reduced them twice, bringing…
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What’s Inside the New US-UK Trade Deal?
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The “landmark” US-UK trade deal revealed on Thursday by President Donald Trump marks the initial accord to be disclosed since he imposed significant tariffs on both friends and foes starting from April 2. This is what we understand regarding the fresh trade agreement for products: ‘Increased market access’ The initial “base” tariff of 10…
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Morocco launches probe into sardine market after 20 years of alleged price-fixing
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On Thursday, the Competition Council initiated an official inquiry into potential anticompetitive behaviors within the industrial sardine supply market, marking a significant regulatory effort in a field that has remained mostly unregulated for a considerable time. An investigation revealed “ample convincing proof,” as described by the council, indicating organized market manipulation over twenty years…