Economy

Economy

Haiti: Where Baked Mud Is Eaten As Proper Food

March 11, 2019 ann ackaa

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By Celestine Osemeilu, Editor If you were told there is a place on the face of the earth where humans eat baked mud as regular meal you probably  would say it is incredible. Yes I intially thought so too. But it will be worthy to know it is true. There is actually a place where […]

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Diplomacy

Orban Encourages Mothers In Hungary To Have 4 Or More Kids

February 14, 2019 ann ackaa

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Hungary is greatly increasing financial aid and subsidies for families with several children, the Prime Minister has announced, in a move aimed at reversing the country’s population decline without softening its “zero tolerance” policy on immigration. Viktor Orban made the announcement during his “state of the nation” speech. Key points: Hungarian Prime Minister, Viktor Orban […]

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Diplomacy

Hungary: Industrial Production Strengthens Notably In December

February 14, 2019 Victor Gotevbe

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According to revised data released by the Hungarian Central Statistical Office (KSH) on 13 February, industrial output rose a working-day adjusted 5.7% year-on-year in December, the strongest reading in almost a year. The print confirmed the preliminary estimate and came in above the 3.7% increase in November. December’s expansion came on the back of strong […]

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Diplomacy

Germany: German Economy Stagnates In The Fourth Quarter Of 2018

February 14, 2019 ann ackaa

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Europe’s biggest economy narrowly avoided a technical recession in the fourth quarter with flat growth recorded over the previous quarter in price-, seasonally- and calendar-adjusted terms. Although the result contrasts the 0.2% quarter-on-quarter contraction in the third quarter, it still underwhelmed expectations of a small rebound following the release of national accounts for the full […]

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Diplomacy

China’s Reform And Open Door Policy Stimulate Global Economic Growth

January 28, 2019 Victor Gotevbe

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Diplomacy

Foreign Minister Highlights Palm Oil Issue With EU Member States During Brussels Visit

January 27, 2019 Victor Gotevbe

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Diplomacy

Barbados Economy Ends 2018 On A High Note

January 4, 2019 Victor Gotevbe

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Barbados made an impressive entry into 2019  owing to the successful steps taken away from the precipice of disaster, even though it is not yet  close to its glorious days of a buoyant economy with massive amounts of foreign exchange and a bubbling GDP. Midway last year government’s foreign reserves stood at, $221.5, barely enough […]

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Destination

Qatar Airways Takes 5 Per Cent Stake In China Southern Airlines

January 4, 2019 Victor Gotevbe

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Qatar Airways Buys Into Fast-Growing Chinese Market, With One Eye On The Future Qatar Airways has taken a 5% stake in China Southern Airlines, the largest airline in China, in a potentially significant new development for the Gulf airline’s global investment strategy. The Qatari carrier announced the purchase on January 2, saying it had bought […]

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Business

Driveless Cabs Commences Test Runs In Dubai

January 4, 2019 Victor Gotevbe

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The driverless cab can run at a speed of up to 35km per hour and can accommodate four people. Residents of Dubai Silicon Oasis would be among the first to spot the UAE’s driverless taxi in action – as the Roads of Transport Authority (RTA) and the Dubai Police kicked off the cab’s test run […]

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Diplomacy

CIIE Brings New Opportunities For China-Nigeria Cooperation

November 20, 2018 Victor Gotevbe

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By Chao Xiaoliang, Consul General of China in Lagos, The first China International Import Expo (CIIE) ended in Shanghai on Nov.10, 2018. Under the theme of “New Era, Shared Future”, the CIIE had attracted 172 countries, regions and international organizations, more than 3,600 companies with a total exhibition area of 30,000 square meters, and more […]

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