Zambia is cancelling more than $2 billion worth of projects financed by commercial loans. In 2020, Zambia became the first nation to default in the COVID-19 era. At the end of 2021, its external debt stood at $17.27 billion. Zambia is dropping more than $2 billion worth of tasks funded by business advances to lessen … Read more
Britain could offer insurance to ships to move millions of tonnes of grain stuck in Ukraine. Russia’s invasion of Ukraine and blockade of its Black Sea ports have led to the food crisis. Boris Johnson says Britain is willing to assist with demining operations off Ukraine’s southern coast. Britain pledges $456 million in aid to … Read more
Easyjet said it had cut 80 flights on Sunday, and apologized to customers for the disruption. Airlines including Easyjet and Wizz Air have cancelled dozens of flights as UK air travel disruption continues. Transport Secretary Grant Shapps says airlines must not oversell flights. Carriers including Easyjet and Wizz Air have dropped many trips as UK … Read more
