"We call it green gold," says Ramadan Youssouf, a khat trader in the Ethiopian town of Aweday, one of the largest markets in the world for the mildly narcotic shrub. Many of the bundles from the Aweday market will make their way to Wajale, a border town straddling Ethiopia and Somaliland -- a breakaway region of Somalia.
The EU put on a quick show of force Wednesday against sweeping new US steel and aluminium tariffs, striking back with countermeasures that seek to hurt the United States and force it to the negotiating table. They will target US states controlled by Trump's Republican Party as well as goods that the EU believes will hurt American businesses enough to force the president to row back.
Following the 2025 budget, some concerns were raised from some observers and stakeholders about the continued lack of clarity on the 24-hour economy policy.
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday. The battery maker stressed that in its attempts to secure financing it had found "significant traction with potential partners and interest from investors".
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