A BRICS currency replacing U.S dollar is a ‘ridiculous’ idea, says the top economist who named the group — especially in light of the fact that China and India are not able to even agree on BRICS membership expansion that will shape the organization’s future. The BRICS group has revealed its internal divisions, with India […]
The United Nations has issued a dire warning that five countries — Sudan, South Sudan, Palestine (Gaza), Mali, and Haiti — are facing an imminent risk of famine, driven largely by conflict, climate shocks, and economic decline. In its latest Hunger Hotspots report released Monday (16 June), the UN’s World Food Programme (WFP) and Food […]
A high-level meeting in Cameroon’s capital Yaounde has failed to reach a consensus on merging three central African economic blocs, the official reason being that the process would take longer than the leaders had expected. Analysts have long argued that breaking down economic barriers among member countries of the Central African Economic and Monetary Community […]
