The Trump administration imposed high tariffs on several African countries, including Lesotho, which heavily relies on denim exports to the United States. This move, coupled with the recent end of aid to Africa, is expected to devastate economies already struggling with debt. The impact of these tariffs will not only affect the African continent but also have global economic repercussions, prompting a need for regional trade networks to mitigate the effects.
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Why AST SpaceMobile Stock Has Been Quietly Crushing the Market Lately
AST SpaceMobile (NASDAQ: ASTS), a provider of low Earth orbit satellites for cellular connectivity, has seen its stock surge over 330% in the past year, significantly outperforming the Nasdaq Composite's 20% rise. By addressing coverage gaps in rural areas with 2G, 4G, and 5G signals via low- to mid-band spectrums, AST competes effectively against larger players like SpaceX's Starlink. Want More Context? 🔎
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