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Paige Bruton
UK Newsroom Fellow
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Bank of England cuts rates following historic split vote
A lack of consensus necessitated a second vote for the first time in the Monetary Policy Committee’s history.
Bank of England Governor Andrew Bailey. Alastair Grant/File Photo/Pool via Reuters.
Uganda’s yearly coffee earnings almost double
The results were bolstered by global coffee prices hitting record highs this year.
Ronald Ssekandi/Xinhua via Getty Images
Trump renews attacks on Powell after Fed decision
The US president called the Federal Reserve chief a ‘total loser’ in a post on Truth Social.
Kent Nishimura/Reuters
Côte d’Ivoire’s Ouattara seeks fourth term
The 83-year-old Ivorian president previously said he would step down from the helm of Francophone West Africa’s biggest economy.
Luc Gnago/File Photo/Reuters
EU economy unexpectedly grows in second quarter
The eurozone’s second quarter expansion was boosted by higher-than-expected growth in France and Spain.
European Central Bank President Christine Lagarde. Heiko Becker/File Photo/Reuters
IMF upgrades its growth forecast, citing global resilience to Trump’s tariffs
The fund’s outlook put global growth at 3% this year, up from 2.8% in April.
Carlos Barria/Reuters
Africa’s e-sports industry hits record highs
The e-sports industry is expanding at six times the global rate across the continent, with Africa home to 350 million players as of 2024.
Malaria surges in parts of southern Africa
Botswana, Eswatini, Namibia, and Zimbabwe have all reported new outbreaks in the last year.
ECB holds interest rates steady amid tariff uncertainty
European policymakers ceased their yearlong rate-cutting campaign amid uncertainty over US-EU trade negotiations.
Africa lags behind in access to clean cooking fuels
Cooking with such equipment has been found to contribute to 800,000 premature deaths per year, mostly due to household air pollution.
Rubio says chances of Trump-Xi meeting are high
The US secretary of state met his Chinese counterpart at a Malaysia summit where both powers are competing for influence over Asian economies.
EU strikes deal with Israel to expand aid into Gaza
The agreement will see a ‘substantial increase’ in the number of aid trucks admitted, as well as the reopening of several access points into the enclave.
Ethiopia completes controversial Nile mega-dam
The $5 billion dam, Africa’s biggest hydroelectric project, has generated tensions with downstream neighbors Egypt and Sudan.
First Trump-Africa summit to be held next week
Five West African heads of state have been invited to the White House with economic and security issues likely to be a focus, Africa Intelligence reported.
Trump announces trade deal with Vietnam as tariff pause deadline looms
Hanoi agreed to pay export duties ranging from 20-40% on goods to the US, while Washington will pay nothing to import to Vietnam, Trump said.
EU lays out roadmap to cut 90% of emissions by 2040
The European Commission’s proposal would allow member nations to buy carbon credits from developing countries to help reach the target.
Fed’s Powell says tariff hit to consumers likely coming this summer
The central banker’s remarks reflect a consensus among many economists that Donald Trump’s tariffs will raise prices.
German inflation falls unexpectedly, hitting ECB target
Inflation across Europe appears to be easing, but analysts warned that price volatility remains likely in the long term.