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A UK Aid label is attached to a box containing kitchen sets

UK’s Johnson to Face Own Party Revolt Over Foreign Aid Cut

UK Conservative Prime Minister Boris Johnson’s decision to slash foreign aid by 0.2 percent could be defeated in Parliament next week after lawmakers from...
Photo taken on April 9, 2020 shows pump nozzles at a gas station in Brussels, Belgium. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Xinhua/Zhang Cheng)

OPEC+ Keeps Parameters of Oil Output Cut Deal Unchanged, Will Boost Production in July

OPEC+ decided to maintain the previous parameters of the deal and will continue to increase production in July, OPEC said in a statement. "In view...
A UK Aid label is attached to a box containing kitchen sets

Overseas aid cut ‘perfectly lawful – British defense secretary

dpa-PA Media/GNA - The British government remains confident that its decision to cut the foreign aid budget is "perfectly lawful," Defence Secretary Ben...
A UK Aid label is attached to a box containing kitchen sets

British government plans to cut millions in aid’ to some African countries

The British government is planning to “slash hundreds of millions of pounds” to five individual African countries and the Sahel, according to official papers...
United Nations Secretary-General Antonio Guterres delivers a statement at the UN headquarters in New York, Jan. 6, 2020. Antonio Guterres on Monday called on parties concerned to exercise maximum restraint to stop escalation of global tensions. (Xinhua/Li Muzi)

UN Boss: Yemeni families face ‘death sentence’ if famine aid is cut

dpa/GNA - Cutting support to Yemen would amount to a "death sentence" for its people, the United Nations chief told an international...
Education Ama School

Two-thirds of poorer countries cut education budgets due to COVID-19

Despite additional funding needs, two-thirds of low- and lower-middle-income countries have cut their public education budgets since the onset of the COVID-19 pandemic, according...

Vice President cuts sod for LPG bottling plant

Vice President Dr Mahamudu Bawumia has cut the sod for the construction of an LPG Bottling Plant at Axim in the Nzema East Municipal Assembly...
La Traditional Council

La Traditional Council cuts sod for redevelopment of La Wireless Civil Aviation lands

A sod-cutting ceremony and customary rites have been performed for the redevelopment of the La Wireless Civil Aviation lands following the signing of a...
Veep Berekum Roads

Veep cuts sod for rehabilitation of 10-km Berekum town roads

Vice President Dr Mahamudu Bawumia has cut the sod for the construction of a 10-kilometer Berekum town roads. It formed part of several roads in...

NRL players could face 100 million Austrlian dollar pay cut over next two years...

The National Rugby League (NRL) of Australia could cut players' salaries by more than 100 million Australian dollars (about 72.8 million U.S. dollars) over...
Air Namibia

Namibia’s flag carrier says to cut employee salaries by half

Namibia's struggling national flag carrier, Air Namibia, intends to reduce employee salaries by 50 percent following losses incurred over the past five years, which...
Ford Recall

Ford to cut 1,000 salaried jobs in U.S.

Ford Motor Co. is planning to eliminate 1,000 white-collar jobs in the United States by the end of the year, another step in...
U.S. President Donald Trump

Trump supporters warn of tax cut reversals in Biden administration

Speakers at the 2020 Republican National Convention (RNC) on Tuesday night touted U.S. President Donald Trump's pre-pandemic economic accomplishments, warning that key policies...

UK pledges US$445.10 million to cut emissions in heavy industry

British Prime Minister Boris Johnson announced Wednesday a 350-million-pound (445.10-million-U.S. dollars) plan to cut emissions in heavy industry and drive economic recovery from the...

UK chain retailer Marks & Spencer to cut 950 jobs

British high street retailer Marks and Spencer (M&S) has planned to cut 950 jobs amid the COVID-19 pandemic, the firm said Monday. ...

Think tank says ban on cigarette sale helps cut COVID-19 cases in South Africa

South Africa's ban on the sale of cigarettes during lockdown reduced the number of COVID-19 cases and effects on human beings, a government think...
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

Trump hails OPEC+ agreement to cut oil production for saving U.S. energy jobs

U.S. President Donald Trump on Sunday welcomed a deal to cut oil production reached by the Organization of the Petroleum Exporting Countries (OPEC) and...

Boeing mulling plan to cut 10 percent workforce

U.S. airplane giant Boeing Company is mulling a plan to cut about 10 percent of its workforce amid the fallout caused by COVID-19, U.S....

Repo rate cut expected to bring marginal relief to Namibian loan holders

Namibian banks decreased their prime lending rate, following the decision on Wednesday by the central bank to cut the repo rate by 25 basis...

UK unveils US$117 million package to cut carbon emissions

The British government earmarked 90 million pounds (about 117 million U.S. dollars) to tackle emissions from homes and heavy industry and fund Europe's first...
Gross Domestic Product (GDP)

Kenya to cut fiscal deficit to 3 percent by 2023 from current 6.3 percent

Kenya is targeting to cut its fiscal deficit from the current 6.3 percent of the gross domestic product (GDP) to 3 percent by 2023,...

AMISOM to cut 1,000 troops from Somalia by February despite recent attacks

The African Union Mission in Somalia (AMISOM) military commanders have resolved to cut another 1,000 troops from the regional peacekeeping force despite increased attacks...

Nokia to cut 180 jobs in Finland, 5G plans not affected

Nokia Corporation announced on Tuesday plans to cut some 180 jobs in Finland as part of its global plans, announced in 2018, to improve...
Hearts of oak

Hearts cut sod for Pobiman Academy project

Accra Hearts of Oak climaxed their 108th anniversary celebrations when they cut sod for the construction of the Pobiman Academy project on Monday. The Pobiman...

Birim Central Assembly cuts sod for construction of a school

The Birim Central Municipal Assembly has cut the sod to commence the construction of a three - unit classroom block and other facilities...

Cameroon ponders new ways to cut mother-to-child HIV/AIDS transmission

Cameroon is devising new methods to eliminate mother-to-child HIV/AIDS transmissions, Minister of Public Health Malachie Manaouda said on Tuesday. "With the increase...
Namibia Broadcasting Corporation

Namibia’s state broadcaster says could cut 27 percent jobs due to financial woes

Namibia's national broadcaster said it could cut its payroll from the current 569 down to 413, or 27 percent, due to financial problems. ...
Southern African Development Community (SADC)

Former Tanzanian leader urges SADC to cut dependence on donor funding

Former Tanzanian President Benjamin Mkapa on Thursday urged the 16 member states of the Southern African Development Community (SADC) to cut dependence on foreign...
minimum wage

Namibia to cut high wage bill

Namibian Prime Minister Saara Kuugongelwa on Monday called upon her government's senior officials to come up with cost effective measures to reduce the country's...
US President describes impact of Paris Accord

U.S. to Cut Special Trade Arrangements for India and Turkey

The United States intends to move India and Turkey out of a program under which a group of developing countries receive preferential trade treatment,...