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Market Analysis: The Dynamic of Gold and Precious Metals The US dollar index experienced a modest increase of 0.1% against a basket of major currencies. For investors holding foreign currencies, this shift translates into an uptick in gold prices, making it relatively more expensive. Consequently, this movement imposes significant downward pressure on bullion prices, stirring conversations among market analysts and traders alike. “There was a minor recovery in broad dollar strength, which led to a little bit…

Signs of Hope: The Unveiling of Baardheere’s Flight Ban Lift In a world where policy changes often spark heated debates, it's refreshing to witness a wave of positivity. Enter former Somali Prime Minister Abdi Farah Shirdoon, whose recent nod to the Federal Government of Somalia demonstrates the transformative power of progress. With the ban on flights to Baardheere district in the Gedo region now lifted, once impassable skies are open once more. The days of airspace silence resulting from governmental discord with…

Analyst Sees Djibouti's Proposal for Ethiopian Port Access as Insufficient to Ease Tensions Listen up: An analyst suggests that Djibouti’s recent offer to grant Ethiopia access to its coastline likely won't put an end to the ongoing political strife. Meanwhile, the Smithsonian-hosted Teaching Africa Day has wrapped up in Washington, D.C. A prominent Zambian legislator from the Patriotic Front (PF), the leading opposition group, claims the latest remarks from UN experts about the diminishing freedoms of speech and assembly…

In Gabon, the curfew from 18.00, which has been in force since February, will be postponed to prevent the spread of Covid-19, from 21:00. The announcement was made on the evening of Friday, May 28, by President Ali Bongo Ondimba in a statement to the nation. Ali Bongo Ondimba claims that he has led to several barrier measures…