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The Southern African Development Community (SADC) has extended its military mission in Cabo Delgado, Mozambique, to continue fighting terrorism. The decision was made during a virtual session of SADC heads of state and government. The mission, called SAMIM, will be extended for 12 months starting from July 16. The main objective of the extension is […]
Bitcoin’s value fell sharply, triggered by a record withdrawal from Grayscale’s ETF, the largest for cryptocurrency. This event coincided with reduced expectations for Federal Reserve interest rate cuts. On Tuesday, Bitcoin’s price dropped 7.1%, reaching about $62,500 by midday in London. Other significant cryptocurrencies like Ether, Solana, and Dogecoin also saw declines. Bloomberg reports that […]
Brazil’s Avibras Aerospace and Defense inked a Memorandum of Understanding (MoU) with Saudi Scopa Defense on 31st July. The agreement was signed during the Brazil-Saudi Arabia Investment Forum held at the São Paulo State Industry Federation (Fiesp) headquarters. The Saudi party will inject funds into the Brazilian company, expediting its judicial recovery process and revitalizing […]
In a strategic move, the Central Bank of Argentina has significantly reduced its benchmark interest rate from 80% to 70%. Announced on Thursday, this adjustment is the third under President Javier Milei, who has been in office since December. With a firm commitment to addressing the nation’s high inflation rate, which has escalated to over […]