Recent Posts

Two-thirds of SPD supporters back German grand coalition

Two-thirds of supporters of Germany’s Social Democrats (SPD) back forming a coalition government with Angela Merkel’s conservatives, an opinion poll published on Friday shows. The poll conducted by Kantar Emnid for the Funke group of regional newspapers showed that 66 percent want a “grand coalition” and only 30 percent favour new elections, while 78 percent of supporters of the conservatives …

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Britain to add Nigeria’s naira to list of accepted trade currencies

Britain’s Export Finance Agency will add the naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency. The naira will become one of three West African currencies that UK Export Finance has pre-approved for its programme of funding transactions that promote trade with Britain, it said. Britain voted …

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Ethiopian Prime Minister Hailemariam Desalegn Resigns

Ethiopia’s prime minister has announced he will resign, in what he says is an effort to advance reforms aimed at easing the country’s political unrest. Speaking on state television Thursday, Hailemariam Desalegn said he has submitted his letter of resignation as both prime minister and chairman of the ruling EPRDF coalition. Hailemariam said he is stepping down “to be part …

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