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Tag Archives: World

Barsoton to lead Kenyans at Kampala World Cross country

Barsoton beats strong field to win Kenya cross title Nairobi, Kenya | AFP |  Japan-based Kenyan Leonard Barsoton ended a four-year wait with a come-from-behind victory at the world cross country championships trials at the Nairobi Uhuru gardens ground on Saturday. Barsoton was trailing third in the final lap of …

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Man Utd dethrone Real Madrid as cash kings

London, United Kingdom | AFP | Manchester United’s relative failure on the pitch has not been reflected off it as for the first time in over a decade they top Deloitte’s Football Money League for revenue in the 2015/16 season. United — who were last on top in the 2003/04 …

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Oil resumes price rise after OPEC cut

Singapore, Singapore | AFP | Oil prices resumed their rise Thursday and held above the $50 barrier following OPEC’s decision to carry out its first output cut in eight years. The Organization of the Petroleum Exporting Countries at a meeting in Vienna on Wednesday agreed on specific targets to enact …

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Shock and awe at Trump’s rise to power

Paris, France | AFP | Donald Trump’s extraordinary US election victory sent shockwaves across the world on Wednesday, as opponents braced for a “dangerous” leader in the White House while fellow populists hailed a ballot-box revolution by ordinary people. America’s allies put a diplomatically brave face on the outcome of …

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IMF: ‘Brain drain’ hits sub-Saharan Africa

Johannesburg, South Africa | AFP |  Skilled workers are leaving sub-Saharan Africa in rapidly increasingly numbers, producing a “brain drain” that causes long-term social damage, the International Monetary Fund warned Tuesday. The IMF said that the number of sub-Saharan migrants living in developed countries could increase from about seven million …

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OPEC production deal sends world stocks higher

New York, United States | AFP |  US and European markets moved higher on Wednesday as oil producing countries reached a surprise deal to cut oil production, causing crude prices to jump more than five percent. Following the agreement reached in Algiers by members of the Organization of the Petroleum …

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IMF warns central banks could lose deflation fight

  Washington, United States | AFP |  The International Monetary Fund warned Tuesday that central banks are struggling to beat back deflationary forces and that governments need to spend to help them succeed. In a new assessment of global economic conditions, the IMF said many countries worldwide are battling disinflation …

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