World News

Albanian police employed rubber bullets during clashes with protesters in Tirana, marking a decisive escalation in five days of unrest demanding Prime Minister Edi Rama’s resignation. The demonstrations have been intensified by student involvement, highlighting grievances over education costs and government corruption. Authorities reported numerous injuries and arrests.

China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410 tonnes. This move aims to reduce reliance on US dollar assets amid rising geopolitical and financial risks, with private demand for gold also soaring as households seek secure savings options.

Zimbabwe’s government is actively promoting the ZiG currency to reduce reliance on the US dollar, despite widespread scepticism stemming from past currency crises. The Reserve Bank of Zimbabwe claims the ZiG is backed by reserves, yet many citizens remain hesitant to trust its stability for savings and transactions.

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