Category: World News

  • US home insurance premiums set to climb as Trump tariffs drive up construction material costs, reveals GlobalData

    US home insurance premiums set to climb as Trump tariffs drive up construction material costs, reveals GlobalData

    By Staff Reporter The US homeowners are grappling with soaring insurance premiums, now the highest among surveyed nations, as rising rebuild costs compound financial pressure. The recent tariffs on imported construction materials—especially from China—threaten to further inflate costs, prompting insurers to reassess pricing strategies. With affordability and coverage adequacy at risk, the industry faces a…

  • Risk of global recession growing, warns deVere CEO

    Risk of global recession growing, warns deVere CEO

    By Staff Reporter The global economy faces rising threats of recession as tariffs escalate and trade tensions deepen between major economies, warns Nigel Green, CEO of global financial advisory giant deVere Group. “World trade volumes are shrinking at the fastest pace since the 2008 financial crisis. Investors, businesses and policymakers should be under no illusions –…

  • Commonwealth New Secretary-General  pledges to advance values

    Commonwealth New Secretary-General pledges to advance values

    By Staff Reporter Hon Shirley Ayorkor Botchwey, former Ghanaian Minister for Foreign Affairs and Regional Integration, assumed office as Secretary-General of the Commonwealth yesterday, pledging to advance the values of the Commonwealth Charter at a time of growing global tensions and shifting alliances. Botchwey succeeds Patricia Scotland, whose nine-year term ended in March. She is…

  • WHO-supported facilities in Afghanistan risk  shutdown by June

    WHO-supported facilities in Afghanistan risk shutdown by June

    By Staff Reporter THE World Health Organization (WHO) in Afghanistan is deeply concerned that funding shortages could force the closure of 80% of WHO-supported essential health care services. Millions, including vulnerable populations such as women, children, the elderly, the displaced and returnees, will be left without access to critical medical care. As of 4 March…

  • US judge temporarily halts Trump plan to cut hundreds of millions of dollars for teacher training

    US judge temporarily halts Trump plan to cut hundreds of millions of dollars for teacher training

    By Michael Casey BOSTON (AP) — A federal judge in Boston on Tuesday blocked the Trump administration’s plan to cut hundreds of millions of dollars for teacher training, finding that cuts are already affecting training programs aimed at addressing a nationwide teacher shortage. U.S. District Judge Myong Joun sided with the eight states that had requested…

  • For Palestine and the World

    For Palestine and the World

    The region of Palestine since October 7 has entered into a terrible war. And, of course, there the flowers have withered, and the sun has disappeared because darkness has come, and the youths cannot sing, and the children cannot play carelessly in the streets, and the white doves of peace do not fly in the…

  • Global debt growing faster and higher than projected pre-pandemic

    The IMF sees global debt growing faster and higher than projected before the pandemic, Vitor Gaspar, head of the Fund’s Fiscal Affairs Department said ahead of the launch of the Fiscal Monitor (FM) on Wednesday in Marrakech, Morocco. “Government debt ratios declined in 2021 and 2022. It will turn back up in 2023. Going forward…

  • Climate Crossroads: Fiscal Policies in a Warming World

    The report takes stock of mitigation policies across countries and presents the trilemma facing policymakers of balancing between achieving climate goals, debt sustainability, and political feasibility. New insights from the report shows that the only way to achieve these joint goals is through a carefully calibrated mix of revenue and spending-based policies. Carbon pricing is…

  • African Development Bank President calls graduates to be instruments

    African Development Bank President calls graduates to be instruments

    By Staff Reporter Abidjan —African Development Bank Group President Akinwumi A. Adesina has called on young university graduates to be instruments of change in a world beset by increasing socio-economic challenges. Delivering the keynote speech at America’s Calvin University Commencement ceremony, Dr. Adesina told the audience, including 700 graduates, “The world faces many simultaneous challenges, promising…

  • XM Broker Review: Pros and Cons of Trading with this platform

    XM Broker Review: Pros and Cons of Trading with this platform

    -Advertorial- Beginning operations in 2009, XM Broker has grown rapidly. The company started off serving only a small segment of the trading community by providing intermediary services in the foreign exchange market. There has been a lot of development and progress since then. It is safe to use XM, which operates in almost 190 countries…

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