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Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

Local elections compound UK ruling party’s woes

Location:

UNITED KINGDOM

The party also lost key mayoralty contests and a by-election in Blackpool South that featured the third-largest swing from the Conservatives to the opposition Labour Party since…

Russian aircraft plan will face serious obstacles

Location:

RUSSIA

With sanctions barring access to Western aircraft, Moscow intends to develop fully indigenous production and to replace hundreds of foreign-built airliners with domestic…