Vietnam finance minister urges flexibility in forex policy, says debt ratio falling

By James Pearson and Mai Nguyen HANOI, Sept 12 : Vietnam should be more flexible in handling its exchange rate, and is on track to cut its public debt to about 60 percent of gross domestic product by 2020, its finance minister said in an interview on Wednesday. The dong currency has weakened 2.5 percent […]

Argentina to replace energy and production ministers

By Maximilian Heath BUENOS AIRES, June 17 : Argentina?s government said on Saturday that it would replace its energy and production ministers, just two days after the resignation of former Central Bank President Federico Sturzenegger. The shake-up follows several tumultuous weeks for the government of the center-right President Mauricio Macri, with extreme currency volatility leading […]

Kenyan minister, police chief found in contempt; opposition politician deported

By Humphrey Malalo NAIROBI, March 29 : A Kenyan high court judge found the Interior Minister and the police chief guilty of contempt on Wednesday and told them to appear for sentencing because they failed to obey a court order to release a detained opposition politician. Late on Wednesday evening, Kenyan authorities deported opposition politician […]

Senior Tanzania ruling party MP quits, cites democracy concerns

By Fumbuka Ng’wanakilala DAR ES SALAAM, Oct 30 : A senior Tanzanian politician quit the ruling party on Monday complaining of human rights abuses and a weakening of democracy in the east African nation, in a move political analysts said could trigger a wave of defections to opposition parties. Since taking office in late 2015, […]