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Kenya to expand trade ties with United Arab Emirates – Yahoo Finance

Oct 22 (Reuters) – Kenya will expand trade ties with the United Arab Emirates, the State House Kenya tweeted early Saturday.
"The two nations have agreed to fast-track trade agreements and set up a joint panel to explore investment partnerships in oil and gas, technology transfer, agriculture, healthcare as well as development of Special Economic Zones", the state house said in a tweet.
The United Arab Emirates and Kenya agreed to launch talks on a comprehensive economic partnership this year, which would be the first of its kind between the Gulf Arab state and an African country, UAE's state news agency WAM had reported. (Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Lincoln Feast)
(Bloomberg) — China’s yuan weakened and country’s stocks tumbled to the lowest level since the depths of the 2008 global financial crisis in Hong Kong, a stark rebuke of President Xi Jinping’s move to stack his leadership ranks with loyalists.Most Read from BloombergRussian Oil Logistics in Chaos Ahead of Looming SanctionsWall Street Is Heading to Saudi Arabia as US Oil Spat SimmersSunak Edges Closer to UK Leadership Prize as Johnson CavesTSMC Suspends Work for Chinese Chip Startup Amid US Curb
Long story short: the sooner you act, the easier it'll be.
If you're approaching retirement age, chances are you need to brush up on your Social Security knowledge. A recent MassMutual poll found that most people nearing retirement age don't know the ins and outs of this vital safety net program. … Continue reading → The post 65% of People Struggled With These Social Security Questions: Can You Get Them Right? appeared first on SmartAsset Blog.
The twice-a-decade congress of China's ruling Communist Party is a tightly choreographed event. The speculation ran from a health crisis to an attempted protest by the 79-year-old former leader, or a political purge by current President Xi Jinping. China's tightly controlled state media didn't report the incident, but the official Xinhua News Agency tweeted in English several hours later — as speculation raged overseas — that Hu was in poor health and needed to rest.
(Bloomberg) — Oil declined as sentiment soured over China following the conclusion of the party congress, filtering through broader markets.Most Read from BloombergRussian Oil Logistics in Chaos Ahead of Looming SanctionsWall Street Is Heading to Saudi Arabia as US Oil Spat SimmersSunak Edges Closer to UK Leadership Prize as Johnson CavesTSMC Suspends Work for Chinese Chip Startup Amid US CurbsWest Texas Intermediate slipped below $84 a barrel on Monday as investors also digested a raft of dela
American and Canadian governments provide many of the same types of services for those in retirement, but subtle differences between the two exist.
Former president Donald Trump was interrupted by his own crowd singing the national anthem at a rally Newsmax
Sputnik/Gavriil Grigorov/Pool via ReutersWith dozens of newly drafted troops already dead and Russian troops laying the groundwork for a retreat from a key Ukrainian city, the Kremlin has now revealed it is hoping to give its war a second wind by making ordinary Russians feel it as much as possible.Sergei Kirienko, the first deputy chief of staff of the presidential administration, said as much Saturday in a speech to a national conference of teachers, declaring that the war the Kremlin has unti
Few militaries can operate at anything approaching peak performance in the grip of winter.
Comments this weekend from Brian Deese, Biden's top economic advisor, contrast sharply with dire forecasts from CEOs and top economists.
Former British Prime Minister Boris Johnson says he will not run to lead the Conservative Party, ending intense speculation about a comeback.
Chinese Premier Li Keqiang and three other members of the elite Politburo Standing Committee of the ruling Communist Party were excluded from the newly elected Central Committee on Saturday. More than 2,000 delegates to a once-every-five-years party congress in Beijing elected a 205-person Central Committee as well as 171 alternate members. Li Keqiang, 67, Li Zhanshu, 72, Wang Yang, 67, and Han Zheng, 68 – members of the current seven-person Standing Committee – were excluded from the new Central Committee.
(Bloomberg) — Rishi Sunak took a huge step toward becoming the UK’s next prime minister as former premier Boris Johnson pulled out of the contest after a weekend of vacillation and as he won the endorsement of Chancellor of the Exchequer Jeremy Hunt.Most Read from BloombergRussian Oil Logistics in Chaos Ahead of Looming SanctionsWall Street Is Heading to Saudi Arabia as US Oil Spat SimmersSunak Edges Closer to UK Leadership Prize as Johnson CavesTSMC Suspends Work for Chinese Chip Startup Amid
The Academy-award winner has been emailing a ‘daily dose of truth’ to mobilize supporters of the party to vote in November
(Bloomberg) — Israel’s opposition leader and contender for next prime minister, Benjamin Netanyahu, criticized Russian President Vladimir Putin’s decision to invade Ukraine, and urged him to reconsider, in his most direct criticism yet of the war. Most Read from BloombergWall Street Is Heading to Saudi Arabia as US Oil Spat SimmersSunak Edges Closer to UK Leadership Prize as Johnson CavesTSMC Suspends Work for Chinese Chip Startup Amid US CurbsUkraine Latest: Russia Presses Warning of ‘Dirty Bo
President holds first rally since facing subpoena from Congress
STORY: China's Communist Party wrapped up its twice-a-decade congress on Saturday (October 22), approving amendments to its constitution that cement President Xi Jinping's iron grip on the party. The event revealed a new Central Committee missing two key officials that lacked close ties with the leader. And, in an unusual moment during the closing ceremony, China's former President Hu Jintao, seated next to Xi, was escorted off the stage. It's not immediately clear why he was escorted out. Hu appeared to resist leaving as stewards led him away.Video of the incident, which is highly unusual given the meticulous stage management of such events, was widely shared on Twitter but could not be found on China's heavily censored social media platforms.State media coverage of the ceremony also did not include the scene, which occurred just as journalists were entering the hall.Xi is poised to clinch a third five-year leadership term as party general secretary, breaking with precedent and solidifying his place as China's most powerful ruler since Mao Zedong, the founding leader of the People's Republic. The party's new 205-member Central Committee was elected by delegates at the end of the week-long congress.Voting was conducted by show of hands in Beijing's vast Great Hall of People. Much of the week's proceedings have taken place behind closed doors. The new Central Committee did not include outgoing Premier Li Keqiang or former Guangdong party boss Wang Yang, who had been seen as a potential replacement as premier. Analysts said their omissions were signs the powerful Politburo Standing Committee, is likely to be stacked with people close to Xi.The party's new Central Committee will choose the next Politburo on Sunday (October 23), which is typically 25 people, and its new Standing Committee.
Moscow provided no details on the conversation with Austin, which came after the two men spoke on Friday for the first time since May. Its readouts on the other calls said Shoigu had said the situation in Ukraine was worsening. "They discussed the situation in Ukraine which is rapidly deteriorating," the Russian defence ministry said of Shoigu's call with French Defence Minister Sebastien Lecornu.
Trump tries to reduce GOP presidential primary field with complaints of disloyalty.
BEIJING (Reuters) -China's economy rebounded at a faster-than-expected pace in the third quarter, but strict COVID curbs, a deepening property crisis and global recession risks are challenging Beijing's efforts to foster a robust revival over the next year. Gross domestic product (GDP) in the world's second-biggest economy rose 3.9% in the July-September quarter year-on-year, official data showed on Monday, above the 3.4% pace forecast in a Reuters poll of analysts, and quickening from the 0.4% pace in the second quarter. The data was originally scheduled for release on Oct. 18 but was delayed amid a key Communist Party Congress last week, which ended with Xi Jinping securing a precedent-breaking third term as its leader.

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Joseph Muongi

Financial.co.ke was founded by Mr. Joseph Muongi Kamau. He holds a Master of Science in Finance, Bachelors of Science in Actuarial Science and a Certificate of proficiencty in insurance. He's also the lead financial consultant.