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Rwanda Central Bank tightens banking regulations

FILE PHOTO: Rwanda Central Bank is increasing supervisory oversight over local banks./ National Bank of Rwanda. In the face of growing credit uncertainty among local banks, the Rwanda Central

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What’s mRNA COVID-19 vaccines?

02:43 People around the world are now getting jabs of the new coronavirus vaccines.Two of them, one made by Pfizer and BioNTech and another made by Moderna are unlike any other vaccine

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Biden’s hefty to-do list starts with a flurry of orders

Joe Biden has given himself an imposing to-do list for his earliest days as president and many promises to keep over the longer haul.Overshadowing everything at the ver

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Greece starts COVID-19 vaccinations among the elderly

Greece started its COVID-19 vaccinations programme among the elderly on Saturday, after first giving jabs to tens of thousands of frontline workers to fight the spread of the coronavirus. /VCG

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U.S. December manufacturing PMI ends at six-year high: IHS Markit

Capitol Carbonic dry ice factory in Baltimore, Maryland, U.S., November 20, 2020. /CFP The U.S. manufacturing sector in Decemberexpanded at its fastest pace since September 2014, with a PMI of

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FDA authorizes Moderna’s COVID-19 vaccine for emergency use

The U.S. Food and Drug Administration (FDA) has issues an Emergency Use Authorization (EUA) for Moderna’s COVID-19 vaccine, as expected after an independent panel commissioned by the administrat

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Kenya's forex reserves down ahead of Christmas

Getty Image Kenya's foreign exchange reserves fell by 11.6 billion shillings (about 105 million U.S. dollars) this week as the shilling remained under pressure from international currencies am

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Turkey's Erdogan says Turkey ready to reopen border with Armenia

At a military parade in Baku, Turkish President Tayyip Erdogan on Thursday renewed a call for a change of leadership in Armenia, while offering the country the chance o

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Flood waters rage through Central America amid Hurricane Iota

00:46 Hurricane Iota made landfall on Nicaragua’s Caribbean coast as a dangerous Category 4 storm this week.Nicaraguan Vice President Rosario Murillo said on Tuesday that at least six

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Chinese banks phase out 'counter-cyclical' factor in yuan pricing

Some Chinese banks have phased out the use of the "counter-cyclical" factor in the pricing mechanism of the yuan's central parity rate against the greenback, according tothe China Foreign Exchange

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Spain PM works on new state of emergency to curb outbreak

Spanish Prime Minister Pedro Sánchez called a Cabinet meeting Sunday to prepare a new state of emergency to stem surging coronavirus infections, a move that could impos

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Assad says Russian bases in Syria help keep balance of power

Syrian President Bashar al-Assad (R) talks with Russian President Vladimir Putin (C) and Russian Defense Minister Sergei Shoigu in Damascus, Syria, January 7, 2020. /Getty Images A Mil Mi

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'Beta' storm hits Texas in busy U.S. hurricane season

01:28 Houston and other parts to Texas are preparing for extensive flooding as the storm known as Beta swirls over the region.Beta weakened to a tropical depression Tuesday.Forecasters

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3 views on the future of geographic-focused funds

For many investors, the coronavirus has effectively taken geography out of the equation when it comes to vetting new opportunities.While this dynamic opens up startups to more investment opportunities

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Tropical storms Laura and Marco churn toward U.S. Gulf Coast

01:46 The U.S. Gulf Coast is bracing for two serious weather systems. Tropical storm Marco has weakened as it approaches Louisiana. But a second storm, Laura, is expected to strengthen

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Miner BHP: China to be the only major economy to grow in 2020

A construction site in Shanghai, China. /VCG China will be the only major economy to grow in 2020 while developed economies will not start recovery until 2021, said Anglo-Australian mining gia

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AU warns cost of COVID-19 pandemic could be long-lasting in Africa

The impacts of the ongoing COVID-19 pandemic on the African continent could be long-lasting, a senior African Union (AU) Commission official stressed on Wednesday. "The consequences of the pandemic