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Gold witnessed a notable increase on Friday, bouncing back and partially offsetting its recent 2.5% drop from the previous day.
The depreciation of the U.S. dollar played a crucial role, making gold more affordable for holders of other currencies and thereby boosting demand.
On the New York Mercantile Exchange’s Comex division, the August gold c
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Read more: Gold Prices Rebound: Dollar’s Dip Fuels Recovery from Recent Slumps
Write comment (95 Comments)Check out the current advancements and insights from across the African continent.This collection of short articles brings you up-to-date info from varied areas, highlighting considerable financial, political, and social events.Each section is committed to particular parts of Africa-- Northern, Western, Central, Eastern, and Southern-- offering a com
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Read more: Friday's African Short News Roundup
Write comment (93 Comments)In a week identified by the vulnerabilities of emerging market currencies, the U.S. dollar saw a minor increase, reaching R$ 5.66. Regardless of a preliminary drop against the Brazilian genuine, the dollar surged in early afternoon trading, spotlighting continuous worldwide economic dynamics.Economic headlines were dominated by the latest U.S. Personal
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Read more: [Brazil] - Dollar Climbs Against Real Amid Global Currency Fluctuations
Write comment (90 Comments)In Luanda, Angola, a disturbing series of unexplained deaths has actually alarmed the public.Over one weekend, nine bodies with signs of violence, including gunshot wounds and indications of asphyxiation, were discovered.However, this current occurrence continues the trend of uninvestigated deaths dating back to 2017, adding to prevalent community worry and
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Read more: Quiet Shadows: Uninvestigated Deaths Stir Unrest in Angola
Write comment (100 Comments)In a landmark move, South Africa’s churches have aligned with civil society to advocate for a Universal Basic Income Grant (UBIG), aiming to reshape the nation’s socio-economic landscape.
Initiated by the World Communion of Reformed Churches (WCRC), the push aims to transform the temporary Social Relief of Distress (SRD) grant into a permanent UBIG.
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Read more: Churches Rally for Universal Basic Income in South Africa
Write comment (97 Comments)In Peru, a bold strategy is unfolding as Javier Arévalo, the new head of the judicial power, endorses the Armed Forces’ involvement in battling the nation’s escalating crime.
This decision emerges from the shadows of Lima’s La Victoria district, a hotspot for violence and criminality.
Arévalo asserts that the military will complement, not replace,
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Read more: Peru’s New Judicial Chief Backs Military Support to Curb Rising Crime
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