First Independent Mena Newspaper
The International Air Transport Association (IATA) downgraded its 2025 projections Monday, forecasting fewer than five billion air trips this year compared to the previously anticipated 5.22 billion, as the aviation sector faces mounting economic uncertainties. During IATA’s annual general assembly in New Delhi, the organization revised industry profit expectations to $36 billion, down $600 million […]
African economies are pivoting strategies in response to renewed U.S. tariffs, leadership transitions, and escalating regional conflicts, forcing a recalibration of trade relationships across the continent. The Trump administration’s tariff policies have particularly impacted countries that have historically benefited from the African Growth and Opportunity Act (AGOA), which provided preferential access to U.S. markets. Nations […]