Browsing Tag

Surging

Kenya’s Inflation Plummets to 4-Year Low Amidst Surging Commodity Prices

Customers browse a neighborhood storePhoto: JACKTONE LAWIIn June, Kenya's yearly inflation tumbled to a four-year low despite the rising costs of transport, housing, certain food items, and utilities, according to the latest data from the Kenya National Bureau of Statistics.Consumer prices in June increased by 4.6% year-on-year, down from 5.1% in May, marking the lowest rate since September 2020.KNBS data revealed that these indexing increments didn't sway the overall inflation rate, offering some relief to consumers…

World Bank Predicts Surging GDP Growth for Somalia and Ethiopia

Somalia and Ethiopia Forecasted for Robust GDP Growth, Says World Bank MOGADISHU, Somalia - The World Bank anticipates that Somalia and Ethiopia, despite being low-income territories, will see impressive GDP gains and potentially stand out in Africa. The June assessment predicts Somalia's GDP at 3.7 percent, up from last year's 3.1 percent. Ethiopia could clock in at 7 percent. These figures shine brightly across the…

LAFC vs. Minnesota United: Leveraging LAFC’s Surging Success for Long-Term Growth

LAFC and Minnesota United hope to maintain their unbeaten streaks in the Western Conference showdown on Wednesday. Defender Aaron Long commends LAFC's recent defensive prowess as they gear up to host Minnesota United at BMO Stadium. LAFC has clinched victories in their last four games without conceding a goal, marking their 100th MLS regular-season win with a 1-0 triumph over Atlanta United. Currently occupying the fourth spot in the Western Conference with 24 points, LAFC can surpass Minnesota United if they extend their…

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