South Africa in Talks With World Bank Over $1 Billion Loan
The World Bank is in talks over a potential $1 billion loan to South Africa in an effort to help the nation reform its energy sector. The country has been facing record power cuts which have crippled its economy.
State utility company Eskom has been...
Italy Pledges to Assist IMF in Stabilizing Tunisia
Italy confirmed on Thursday that it is willing to inject fresh investments into Tunisia, helping to negotiate an International Monetary Fund bailout for the North African country in the process. This move is expected to help curb the growing volume of migrants entering Italy...