World Bank deploys $114.9b To Finance Global Crisis  

World Bank deploys $114.9b To Finance Global Crisis  

The World Bank Group has responded to the overlapping global crises by deploying $114.9 billion in financing in 2022.  In a statement on Saturday, the Bank explained that from July 1, 2021, to June 30, 2022, it responded with unprecedented scale...
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EU, US Seal Gas Deal

EU, US Seal Gas Deal

The United States (US)  and the European Union (EU) have announced a major deal on liquified natural gas, in an attempt to reduce Europe’s reliance on Russian energy.  BBC reports that the agreement will see the US provide the EU with...
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Shell Reconsiders Exit From Oil Field Off Shetland

Shell Reconsiders Exit From Oil Field Off Shetland

Shell is reconsidering its recent decision to pull investment from a large new UK oil field, the BBC understands. In December, Shell said the economic case – along with possible regulatory delays – meant it was withdrawing from the Cambo...
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Oil Price Soars To Highest Level In 14 Years

Oil Price Soars To Highest Level In 14 Years

Oil prices have soared to the highest level since 2008 after the US said it was discussing a potential embargo on Russian supplies with its allies.  Brent crude – the global oil benchmark – spiked to above $139 a barrel,...
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Why So Many African Students Were In Ukraine

Why So Many African Students Were In Ukraine

(BBC)The Russian invasion of Ukraine has caused a mass exodus of civilians, including thousands of international students from Africa, Asia and the Middle East.  Ukraine was home to over 76,000 foreign students, according to government data from 2020.&nbs...
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