Stay updated on global business and economic trends, market analysis, entrepreneurship, investments, and financial insights shaping industries worldwide.
Category: Business & Economy
Markets React to Trump Fed Investigation Targeting Jerome Powell
The Trump administration’s decision to open a criminal investigation into Federal Reserve Chair Jerome Powell has intensified the president’s campaign against the central bank. Powell called the move a “pretext” aimed at influencing interest rate decisions and warned it threatens the Fed’s independence. ALSO READ: Trump signs emergency order protecting Venezuelan oil funds Market Reaction…
Rare Twin Gorillas Born in Virunga National Park
A female mountain gorilla in Virunga National Park, located in the eastern Democratic Republic of Congo, has given birth to rare twin babies, an unusual event among this endangered species. Mountain gorillas are among the world’s rarest primates and are mainly found in Rwanda’s Volcanoes National Park, Uganda, and the Democratic Republic of Congo. Experts…
US Immigration Agent Fatally Shoots Woman in Minneapolis
A US immigration agent fatally shot a 37-year-old woman in Minneapolis, triggering protests and a sharp dispute between local officials and the Trump administration over what led to her death. The Department of Homeland Security said the woman, identified as Renee Nicole Good, attempted to run over Immigration and Customs Enforcement (ICE) agents. Officials described…
Why Some Right-Hand Drive Vehicles Are Allowed in Rwanda
Rwanda has operated a left-hand drive vehicle system for more than a decade. However, a new road traffic law passed by parliament on January 5 allows certain right-hand drive vehicles to operate legally in the country. According to the Ministry of Infrastructure, the provision does not change Rwanda’s overall road use policy. Instead, it preserves…
Toyota Rwanda Partners ATECAR on Vehicle Maintenance
Toyota Rwanda Ltd has officially partnered with ATECAR Garage, naming it the first Team Toyota Garage partner in Rwanda. The collaboration aims to expand access to efficient, reliable and globally compliant maintenance services for Toyota vehicles. The companies announced the partnership on December 30 during a ceremony held at ATECAR Garage in Gahanga. Executives from…
Rwanda Introduces Hepatitis B Vaccine for Newborns
The Rwanda Biomedical Center (RBC) has launched a new initiative to provide Hepatitis B vaccination to all newborns. The vaccine is administered within 24 hours of birth, giving infants early protection against liver disease caused by the Hepatitis B virus. Protecting Newborns from Liver Disease Hepatitis B is a serious viral infection that can lead…
Flash Floods Kill at Least 16, Displace Hundreds in Indonesia
Severe flash floods triggered by intense monsoon rainfall have killed at least 16 people in Indonesia’s North Sulawesi province. In addition, the disaster has displaced hundreds of residents, authorities said. The floods struck the Siau Tagulandang Biaro Islands district early on January 5, 2026. Days of heavy rain caused rivers and streams to overflow, sending…
Escalating Violence Drives Mass Displacement in Sudan’s Kordofan
Escalating violence in Sudan continues to place civilians at extreme risk. As a result, tens of thousands of people have fled their homes across the Kordofan region, the United Nations said on Tuesday. According to United Nations, fighting between October 25 and December 30 displaced about 65,000 people from multiple locations in Kordofan. Sharp Rise…
Oil Depot Explodes in Russia’s Belgorod After Drone Attack
An oil storage facility in Russia’s Belgorod region exploded after a drone attack attributed to Ukrainian forces, regional authorities said on Tuesday. Vyacheslav Gladkov, the governor of Belgorod region, confirmed the incident in a statement shared on social media. Storage Tanks Catch Fire According to Gladkov, several fuel storage tanks caught fire following the explosion….
Trump Says Venezuela Will Transfer Oil to US
US President Donald Trump announced that interim authorities in Venezuela will transfer between 30 million and 50 million barrels of oil to the United States. The crude, currently in storage and subject to US sanctions, will be sold at market prices, he said. Trump posted the announcement on his social media platform, characterising the plan…
