Economic development

‘Wind blowing in the direction of peace’ in Africa: UN Secretary-General

Recent developments in Africa indicate that the continent is increasingly moving in the “direction of peace” and enhanced security, the United Nations Secretary-General told journalists in the Ethiopian capital, Addis Ababa, on Monday.

Upswing in global growth won’t last forever; IMF says world must prepare now for leaner times ahead

While the world economy continues to show broad-based momentum, a new report released Tuesday by the International Monetary Fund (IMF) is warning that there may be choppy seas ahead, caused by increasing protectionism or tit-for-tat trade wars.