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US President Donald Trump has labeled the intelligence report concerning the impact on the Iranian nuclear program as "inconclusive." However, he hinted that the damage inflicted could be "severe." In his words, "The intelligence was very inconclusive. It says we don't know. It could've been very severe. That's what the intelligence suggests," he told reporters just before attending the NATO summit. "It was very severe. There was obliteration," he added. Earlier, Mr. Trump dismissed reports from US media that suggested the…

Ghana's Economic Progress: A New Dawn During a recent press briefing in Washington, D.C., Julie Kozack, the Director of Communications for the International Monetary Fund (IMF), offered an insightful update on Ghana's economic program. Her remarks echoed the commitment of the IMF to consider prevailing financial conditions and macroeconomic developments in future reviews. This isn’t just bureaucratic jargon; it’s a beacon of hope for Ghanaian citizens who have closely followed their…

The ambitious $31.4 million initiative spearheaded by the United States Department of Agriculture (USDA) to revitalize Lesotho's poultry industry has been abruptly terminated. This five-year endeavor, launched as part of the American Food for Progress program, aimed to cultivate a staggering 28,000 poultry enterprises across the nation, with projections to increase meat production by 40% and egg production by 30% by the year 2028. Yet, fewer than two years since its inception, the Sustainable Transformation of Enterprises…

Understanding the Harvard F-1 Visa Controversy In early May 2025, a contentious update from the U.S. Department of Homeland Security turned heads and raised eyebrows. This ban prohibits prestigious institutions like Harvard from issuing I-20 forms for F-1 student visas, specifically those related to online degree programs. It’s a policy decision with substantial implications, particularly for students across Africa and other regions, who are now left grappling with uncertainty regarding their educational…

Since its inception in 2000, the African Growth and Opportunity Act (AGOA) has been an essential pillar of the U.S.'s economic strategy to foster trade and engender goodwill with the nations of Africa. AGOA is not merely an economic policy—it is a bridge of mutual opportunity extending across oceans. By granting eligible sub-Saharan African countries duty-free access to the U.S. market, AGOA extends its hand to over 1,800 products. This adds to the more than 5,000 products that already…

Can you imagine holding a Nigerian passport as a foreigner simply because you made a significant economic contribution? This is not a far-fetched dream but soon could be a reality thanks to Nigeria’s bold new initiative: the citizenship by investment program. But what does this move really mean for the country and investors alike? It's fascinating to observe that countries across the globe are tapping into the potential of Citizenship by Investment (CBI) programs, using it as a magnet to…

In a world interconnected by complex socio-economic forces, the closure of the UN's Southern African bureau stands as a significant decision that reverberates across continents. As we delve into this development, one cannot help but ponder the ramifications on both global and local scales. Positioned amidst an evolving diplomatic climate, the relationship between South Africa and the United States finds itself under scrutiny. At this pivotal moment, the closure of the bureau, largely funded by U.S. contributions,…

Mogadishu, Somalia – In a landmark effort to uplift displaced populations, Somalia's government has teamed up with the Hormuud Salaam Foundation to roll out a new initiative aimed at 10,000 internally displaced persons (IDPs). Announced by the Ministry of Planning, Investment, and Economic Development, this endeavor is a leap forward under the National Solutions Pathways Action Plan. The collaboration was officially introduced during the High-Level Multi-Stakeholder Forum in Geneva, an event backed by the…

BELGRADE, Serbia (AX) — The Embassy of Somalia in Serbia cheerfully embraced a batch of Somali scholars freshly chosen for the World in Serbia initiative's scholarship program. This generous program covers an entire spectrum of tuition, lodgings, and a monthly allowance, permitting these ambitious learners to pursue their academic dreams at the esteemed University of Belgrade.The scholarships reflect Serbia's commitment to fostering growth in burgeoning regions, with intentions to boost knowledge and expertise in societies…

A glimpse of the International Monetary Fund's HQ in D.C., U.S., captured on April 8, 2019. Photo credits © REUTERS/Yuri Gripas/File Photo. Inquiries for rights, contact us. Good news from the IMF! The Ethiopian government gets a green light for the $3.4 billion aid package, with $340.7 million unlocked. The folks at the IMF board gave a thumbs-up last Friday for the initial review of the deal. This backing stems from Ethiopia's summer deal, culminating in a four-year financial arrangement. The country's journey towards…