Business

EU Eyes Winter LNG Buys as Storage Hits Near Two-Decade Low

The European Union is optimistic that winter liquefied natural gas imports will help offset inventories that are at their lowest level for this time of year in almost two decades after the Iran war drove up prices and disrupted summer…

Angola’s Fuel Import Bill Hits US$1.7 Billion, Up 48%

Angola’s Fuel Import Bill Hits US$1.7 Billion, Up 48%

Angola's fuel import bill jumped 47.8% in the first half of 2026, and because the state pays it in full the oil rally has been a net cost. The post Angola’s Fuel Import Bill Hits US$1.7 Billion, Up 48% appeared first on The Rio Times .

South Africa Takes Its Grid Rebuild to Beijing

South Africa Takes Its Grid Rebuild to Beijing

Electricity and Energy Minister Kgosientsho Ramokgopa is pitching Chinese capital on an energy programme worth roughly R2.2 trillion to 2039. The post South Africa Takes Its Grid Rebuild to Beijing appeared first on The Rio Times .

Ethiopian State-Owned Enterprises Pay 42% of Big-Tax Haul

Ethiopian State-Owned Enterprises Pay 42% of Big-Tax Haul

Thirty-one state-owned enterprises paid 42% of the revenue Ethiopia collects from its largest taxpayers, a total worth about US$3.2 billion. The post Ethiopian State-Owned Enterprises Pay 42% of Big-Tax Haul appeared first on The Rio Times…

Nairobi Bourse Tops US$31 Billion for the First Time

Nairobi Bourse Tops US$31 Billion for the First Time

The Nairobi Securities Exchange has passed Sh4 trillion in market capitalisation for the first time, about US$31 billion, on a domestically funded rally. The post Nairobi Bourse Tops US$31 Billion for the First Time appeared first on The…

Chinese Investment in Egypt Tops US$10 Billion, PM Says

Chinese Investment in Egypt Tops US$10 Billion, PM Says

Prime Minister Mostafa Madbouly says Chinese investment in Egypt has passed US$10 billion, three days after the IMF cleared a US$1.8 billion disbursement. The post Chinese Investment in Egypt Tops US$10 Billion, PM Says appeared first on…

TASS

Most G7 nations spend more on debt servicing than on defense — Bloomberg

According to the agency, Italy's debt servicing costs exceed its defense budget nearly threefold, while the United States spends more than twice as much on debt interest as on defense

TASS

Why Israel’s economy hasn’t collapsed during a multi-front war

Al Jazeera

Why Israel’s economy hasn’t collapsed during a multi-front war

How has Israel’s economy defied the effects of war?

Al Jazeera

Arrest of ‘fake Filipino’ sharpens concerns over security risks in key sectors

South China Morning Post

Arrest of ‘fake Filipino’ sharpens concerns over security risks in key sectors

The detention of a Chinese national accused of posing as a Filipino for more than two decades has sharpened concerns in the Philippines that identity fraud could be used to gain access to sectors vital to national security. Immigration…

South China Morning Post

U.S. Stocks Near a Record High Amid Lull in Iran War

The New York Times

U.S. Stocks Near a Record High Amid Lull in Iran War

Markets have been lashed between disruptions in the Strait of Hormuz and anxiety about massive corporate investments in artificial intelligence.

The New York Times

Daily Trust

ADC condemns killing, abduction of scores in Zamfara

The African Democratic Congress (ADC) in Zamfara State has condemned the killing of several residents and the abduction of about 70 others by armed bandits in Kasuwar Daji, Kaura Namoda Local Government Area. The party described the attack…

Daily Trust

NYC’s “War On Rats” Has An Unlikely Hero: Trash Bins

Could the answer to rats in New York City really be as simple as putting garbage into trash cans? Yes, actually. (Source: Bloomberg)