International Monetary Economics
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Modest rate increases observed for Nigeria, Kenya; Ghana will hold
JOHANNESBURG, Sept 26 (Reuters) – Nigeria and Kenya are expected to raise interest rates by a modest 50 basis points in the coming days after ... -
Egypt feels the pain of global disruption caused by war and pandemic
When the state-owned factory where Hesham el-Atar worked for 15 years was liquidated this month, he felt it was linked to international pressure on the Egyptian ... -
How a Strong Dollar Affects International Currencies and Commodities
thesis/E+ via Getty Images With 2022 well into its midpoint, markets may feel that the COVID-19 theme has subsided after the pandemic’s two-year highs and lows. ... -
GCC region expected to see fastest growth and biggest surplus in a decade
Muscat – The combined GDP of the six GCC countries is expected to grow by 6.7% this year, the fastest growth rate since 2011, thanks to ... -
Biden’s dangerous embrace of Pakistan by Brahma Chellaney
The Biden administration could have used Pakistan’s economic crisis to coerce the country into cutting its longstanding ties with terrorist groups. Instead, the United States continues ... -
The Second Elizabethan Age Leaves a Legacy Just as Glorious as the First
In a long, hot summer when the cost of living crisis, energy price shock and industrial disputes dominated the national agenda, one could easily have imagined ... -
Need for all-out reforms – Opinion
Economic growth is closely linked to good governance and the political stability of a country. Unfortunately, in the last 75 years of our existence, these two ... -
UK economy lags behind India as recession looms
India has overtaken the UK as the world’s fifth largest economy as Britain teeters on the brink of recession. The world’s second most populous nation overtook ... -
LankaWeb – IMF Bailout Could Take Six Months After Service Level Deal
Courtesy of the Daily Mirror Professor Prema-chandra Athukorala says China’s stance on SL debt could drag out negotiations for at least six months Cites Zambia as ... -
Putin’s war is wreaking economic havoc and destabilizing governments
Chintamba Gama, who runs a small business in the African country of Malawi that is involved in fish farming, cattle raising and growing crops like maize, ... -
Live Updates: U.S. GDP revision and unemployment insurance claims data paint a bullish picture for the economy
A former UK ambassador to Myanmar has been arrested, according to two people familiar with the situation, as the country marks the fifth anniversary of a ... -
Saudi Fund for Development signs $47 million deal to fund development project in Senegal
Saudi Arabia’s KAPSARC receives 5 awards from US Green Building Council first for the Kingdom RIYADH: The King Abdullah Petroleum Studies and Research Center has become ... -
The Russian war at 6 months: a world economy in growing danger
MECKENHEIM, Germany — Martin Kopf needs natural gas to run the family business, Zinkpower GmbH, which protects steel components against rust in western Germany. Zinkpower’s facility ... -
A fork in the road to financing for development
By Daniel Cohen and Ishac Diwan/Paris For more than a decade, the US Federal Reserve and European Central Bank, faced with below-target inflation, flooded the global ... -
Financial aid to Ukraine cannot wait – POLITICO
Luis Garicano has been Vice-President and Economic Spokesperson of Renew Europe and Head of the Spanish Ciudadanos Delegation to the European Parliament for the past three ... -
Sri Lanka’s Cenbank to hold rates as global commodity prices falter
COLOMBO: Sri Lanka’s central bank is expected to keep interest rates steady on Thursday in hopes that a recent downward trend in global commodity prices continues ... -
Like Thatcher, Truss wants radical change – but could she avert a crisis? | Larry Elliot
In Great Britain, 1976 was marked by three major events: a summer heat wave, a change of prime minister and a crisis in the pound sterling. ... -
Germans brace for colder apartments and darken streets this winter
A partially lit office building at night in Frankfurt, Germany, July 27, 2022. Germany is set to bring some coal-fired power plants back into operation to ... -
Conservative leadership candidates should beware of the nonsense found in ‘common sense’ economics – John McLaren
Register to our newsletter Opinion The Earth is not flat, even if it seems to be from certain points of view (Photo: Florence Goisnard/AFP via Getty ... -
Argentines speak from the inside about the spiraling inflation nightmare
Huge black market for US dollars as economist predicts prices could jump 90% by end of 2022 BUENOS AIRES, Argentina – The sound of dozens of ... -
Very expensive fuels to multiply misery, ruin jobs
The increase in fuel oil prices by nearly 50% will multiply the misery of the populations, harm new investments and employment due to the cumulative effects ... -
Rising prices far from the only economic threat
A man refuels a vehicle at a gas station in The Hague, the Netherlands, on April 2, 2022. [Photo/Xinhua] Experts watch risk of stagflation, with fears ... -
Pelosi’s trip to Taiwan could have major consequences for the global economy | Larry Elliot
RRelations between the United States and China were poor even before the Speaker of the House of Representatives’ visit to Taiwan. Now they have the potential ... -
You won’t like what comes after inflation
Comment this story Comment After curbing inflation, so what? We’ve lost sight of that question for the past year or so, caught up in the drama ... -
Economics, geopolitics and impact on the G20 – Analysis – Eurasia Review
By Gautam Chikermane The global economy is slowing, risks are rising, and a new cloud of uncertainty is weighing heavily on economic policymakers in all regions. ... -
What is a recession? How bad could things get?
US inflation is at its highest level in four decades, borrowing costs are rising and stocks have taken a hit. As the Federal Reserve steamrolls through ... -
“India must be vigilant, hasten reforms”
As the International Monetary Fund cuts India’s gross domestic product rate to 7.4% for 2022-23, economic experts have suggested policymakers need to keep a watchful eye ... -
Tax factors, not CBN, responsible for inflation
Nigeria is going through a difficult economic crisis in its history, with an inflation rate of 18.6% in the month of June 2022 against 17.71% recorded ... -
Mitsuko Takahashi on the global egg industry
Although not attracting much attention from the Western media, a financial crisis is developing in China, which could eventually lead to the collapse of the Chinese ... -
Why Sri Lanka’s economy is in freefall
But plotting the rupee-dollar exchange rate shows that the country’s loose peg is a misnomer. For years, the exchange rate remained stable, roughly between 175 and ... -
Ukraine to request postponement of foreign debt repayment
Ukraine plans to take the first step in restructuring its foreign sovereign debt as the government seeks to preserve cash for a drawn-out war with Russia. ... -
The trade dilemma between the IMF and Pakistan
CARACHI: The International Monetary Fund (IMF) has reached a staff-level agreement to complete the seventh and eighth reviews of Pakistan’s Extended Financing Facility (EFF). With IMF ... -
The IMF will release a tranche of $1.17 billion within three to six weeks
The International Monetary Fund (IMF) said its deal with Pakistan would result in an “immediate” disbursement of $1.17 billion to the country. “This is an agreement ... -
How inflation can hurt and help consumers, economists say
A person shops on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn. Michael M. Santiago | Getty Images News | Getty Images Inflation ... -
Eurozone inflation, things will get worse before they start to get better — MercoPress
Eurozone inflation, things will get worse before they start to get better Tuesday July 12, 2022 – 18:54 UTC Economy Commissioner Paolo Gentiloni warned ... -
Buenos Aires Weather | From Gooseman to Batgirl?
Silvina Batakis has only been at the head of the Economy Ministry since last Monday, but has already avoided hitting bottom in at least one respect ... -
‘Breaking the trend’ Gita Gopinath joins wall of IMF chief economists
Indian-born Gopinath made history by becoming IMF’s first female chief economist Kolkata-born Gita Gopinath, who made history by becoming the first chief economist of the International ... -
The Rise of Sovereign Wealth Funds and Their Impact on Global Politics
A revolution is underway in global finance, and it seems the world is sound asleep. Nation-owned investment entities are forming rapidly around the world. These entities ... -
Qatar’s pragmatic foreign policy and global influence
China could enter the choppy waters of the Middle East. Multiple crises and conflicts are likely to shape its relationship with major powers in the region, ... -
Mercury Wallet Roadmap for Bitcoin Scalability and Privacy
Mercury Wallet, a layer 2 scaling solution for Bitcoin, plans to integrate with the Lightning Network and hide its server. Mercury Wallet, a Layer 2 application ... -
University of Chicago Economic – GuruFocus.com
CHICAGO, May 16, 2022 /PRNewswire/ — CME Group, the world’s leading derivatives market, and the Mathematical Sciences Research Institute (MSRI), announced today that Nancy StokeyFrederick Henry ... -
3 insights from the Fed’s latest economic outlook
Mapping shipping lanes: shipping traffic around the world Every year, thousands of ships travel around the world, carrying everything from passengers to consumer goods like wheat ... -
Seize the opportunities of the crisis
Bank Al-Maghrib, the International Monetary Fund and the IMF Economic Review organized a joint conference onTransformational recovery: seizing the opportunities of the crisis » will be ... -
Bank of Greece: Welcome speech by Governor Yannis Stournaras at the NBER International Seminar on Macroeconomics 2022, organized by the Bank of Greece
06/20/2022 – Speech “Monetary Policy in a Highly Uncertain Environment” • I am delighted to welcome you to Athens and to the Bank of Greece for ... -
Nigerians’ misery worsens with low oil production, 17.7% inflation and insecurity
There seems to be no end in sight to the growing misery of Nigerians as the country plunges deeper into debilitating conditions of declining oil production, ... -
on | India must develop its own methodology to rank global institutions
It’s time for India to stop being beholden to how others see us and start telling others how we see them No country is as obsessed ... -
Summit of the Americas; Mexico (and others) absent, some progress.
Over the past few weeks, the news cycle has been dominated by tragic school shooting in Uvalde, Texasand the January 6 House of Representatives Committee hearings. ... -
Fact Check: Biden Falsely Claims US Has ‘World’s Fastest Growing Economy’ | Economy
In a Appearance Wednesday on ABC’s late-night show “Jimmy Kimmel Live!”, President Joe Biden made a dramatic statement on the American economy – and repeated itself ... -
Argentina completes first IMF review as path to targets could change
(Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Argentina’s government and the International Monetary Fund have ... -
Algeria’s GDP forecast 3.4% in 2022, higher than IMF forecasts – Economy
ALGIERS – Algeria’s finance minister expects the country’s gross domestic product to grow by 3.4 percent in 2022, he said on Monday. The minister, Abderrahmene Raouia, ... -
Global tourism is gradually recovering amid global uncertainty
DUBAI: Global tourism has faced the brunt of natural and man-made events, one after another. However, it has the potential to hit $8.6 trillion in 2022, ... -
Pakistan’s impolitic economic policies
As Washington steps up efforts to restore US ‘economic leadership’ in the Indo-Pacific region, US President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) ... -
Opinion: Globalization has failed for emerging markets. And now deglobalization will be put to the test
The first meeting of the World Economic Forum in more than two years was markedly different from the many previous Davos conferences I have attended since ... -
AGENDA-Top economic events on July 28
For other journals, please see: Major Economic Events Emerging Markets Economic Events Public Debt Auctions Politics & General News The US Federal Reserve today in ... -
The Ukrainian crisis used as an excuse
The United States and some of its allies have stunned and angered other countries over the past month as they walked out of major global economic ... -
Memo to the Fed: Hurry up and walk so we can slow down
Placeholder while loading article actions While interest rate hawks dominated the first half of 2022, the future will be more contested. Two of the early rate ... -
10 African countries with the largest foreign exchange reserves
Just yesterday, Ugandan President Yoweri Museveni stressed that his government could not afford to subsidize imports of food and essentials because it would be disastrous for ... -
Inflation is a risk to stability in Latin America, analysts warn:
Inflation threatens the immediate future and political stability in Latin America, several observers from the region warned on Monday at the Davos forum, a pessimistic diagnosis ... -
Is the global economy headed for recession?
“The last time the ‘all sell-out’ star alignment happened was in early 1981, when Paul Volcker’s Fed broke the back of inflation and turned stagflation into ... -
Economy facing collapse – The Zimbabwe Independent
MTHANDAZO NYONIA leading economic think tank warned this week that Zimbabwe’s economy could collapse unless urgent action is taken to halt its rapid deceleration, saying recent ... -
High inflation, rising interest rates and a slowing economy, is India heading for stagflation?
The untimely rate hike by the Reserve Bank of India (RBI) in early May was just a taste of the worrisome inflation story in India. April ... -
Cambridge spies and Brexiters have a lot in common | William Kegan
Jhe Brexit chaos is here for all but the most stubborn Brexiters. Why, no less a figure than the Minister for Brexit “opportunities”, a certain Jacob ... -
The core of Sri Lanka’s waterfront protests
Sri Lanka’s future is unstable and uncertain, but there is an undercurrent of hope supported by the people Sri Lanka’s future is unstable and uncertain, but ... -
Brexit reality bites as stagflation looms
The author is Chairman of the Peterson Institute for International Economics and a former member of the Bank of England’s Monetary Policy Committee. Sometimes reality bites. ... -
U.S. Fed interest rate hikes with no near-term impact, but continued hike could start to add economic pressure on residents – Analysts
Macau’s base rate increase in parallel with increases in Hong Kong and the United States will not have an immediate impact on the livelihoods of local ... -
The Doubtful Consciousness of Capitalism – Counterfire
The notion of a more ethical and socially responsible version of capitalism is a cosmetic illusion that does not alter the fundamental nature of the system, ... -
For Africa, the visit of the UN chief is cut short
United Nations Secretary-General Antonio visited Dakar, Senegal this week on his first trip to the African continent since the start of the coronavirus pandemic. The ongoing ... -
Brussels Economic Forum 2022: War, pandemic and climate top the list
In this week’s episode, Real Economy talks with IMF Deputy Managing Director Gita Gopinath and EU Trade Commissioner Valdis Dombrovskis about the economic fallout from Russia’s ... -
RBA Interest Rates Rise; Scott Morrison, Anthony Albanese continue their campaigns; The Labor Party’s home purchase policy is criticized; the Religious Discrimination Bill should be revived; Josh Frydenberg Kooyong’s battle escalates
Prime Minister Scott Morrison continued his radio blitz in Melbourne by appearing on 3AW Mornings with Neil Mitchell. The pair had a solid 20-minute exchange, starting ... -
India Explores Commercial Uses of Central Bank Digital Currency, Says Finance Minister Cryptocurrency
The Indian government is exploring “multiple commercial use purposes not just financial inclusion” for its central bank digital currency. India’s finance minister has clarified that the ... -
The next six years after Duterte will not be rosy
AFafter the Ffirst round of elections on April 10, followed by the runo on April 24Ff, France elected re-elected Emmanuel Macron as president for another Iffive ... -
“Bread, freedom, social justice”: the economic crisis in Egypt
Analysis: Despite Ramadan festivities, Egyptians are struggling to afford basic food items as the country faces one of the worst economic crises in its history. As ... -
Economic crisis in Lanka: talks on loan request are “fruitful”
The International Monetary Fund said on Saturday it had “fruitful technical discussions” with Sri Lanka over its loan request, while the World Bank said it was ... -
British Pound/Dollar Rates Short Near 1.31, Says JP Morgan FX Trader
-GBP/USD retreats towards 1.30 -JP Morgan a seller on all rallies -BoE and Fed remarks in brief Image ©Adobe Images The exchange rate between the pound ... -
IMF points finger at central banks – but are they listening? | Philippe Inman
IInternational agencies saw their influence wane after the financial crash of 2008, as support for multilateral agreements gave way to quick fixes between governments. The International ... -
Crypto trading volume in India plunges even further as Mobikwik shuts down payment service – Bitcoin Exchanges News
Cryptocurrency trading volumes in India have plunged further on exchanges as traders mull over the 30% taxation of crypto. Additionally, popular payment service provider Mobikwik has ... -
Challenges galore for Shehbaz Sharif as he steps out – The New Indian Express
By AFP ISLAMABAD: Shehbaz Sharif emerges from the shadows to lead Pakistan Shehbaz Sharif, who is set to become Pakistan’s new prime minister on Monday after ... -
Treasury targets economic pain in Russia, but critics question effectiveness
WASHINGTON — When Russia imposed retaliatory sanctions on senior US officials last month, his administration targeted President Biden and his top national security advisers, as well ... -
Column: Falling dollar reserves only scratch dominance: McGeever
United States one dollar bills are placed in wrapping bands during production at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File ... -
Central Bank chief sacked, new governor appointed
Sri Lanka’s central bank governor said he tendered his resignation as the country faces its worst economic crisis in decades. Ajith Nivard Cabraal’s announcement came after ... -
Main issues facing the next leader of Pakistan
Whoever becomes Pakistan’s next prime minister after the National Assembly dissolves on Sunday will face a series of challenges. The president dissolved the assembly just hours ... -
Strong job gains in March keep a flame under the recovery
The Lobby, a brunch-focused restaurant in a tall but welcoming late 19th-century building in downtown Denver, nearly closed in 2020 before being rescued largely by emergency ... -
WGS 2022 Dubai: Investopia Summit shaping the economy of the future, says Bin Touq
Dubai: The inaugural Investopia Summit in Dubai brought together over 90 speakers and 1,000 attendees to discuss ideas, opportunities and future investments. Investopia is one of ... -
War in Ukraine Accelerates Stealth Erosion of Dollar Dominance
The author is a professor of economics and political science at the University of California at Berkeley. The decision by the United States and its allies ... -
EMERGING MARKETS – Latin American currencies on longest winning streak in two years
* Latam shares, FX up for 8th straight day * Brazil inflation accelerates past forecast * IMF approves Argentina’s $45 billion program – sources * Emerging ... -
Time to sharpen Nigeria’s industrial strategy — Opinion — The Guardian Nigeria News – Nigeria and World News
The rapid rise in poverty in Nigeria as a result of oil shortages and rising inflation has accelerated the adoption of a new industrial strategy for ... -
Conflict hurts Russian and Ukrainian currencies
Published on: 03/20/2022 – 04:30 Moscow (AFP) – With their economies rocked by conflict, the Russian and Ukrainian authorities have deployed different tactics to defend their ... -
War-fueled food price spikes will hit poorest countries hardest – Analysis – Eurasia Review
Global food prices are poised to continue climbing even after hitting a record high in February, placing the heaviest burden on vulnerable populations while adding headwinds ... -
Deadly explosions shake kyiv as talks with Russia resume
A series of powerful explosions rocked residential areas of kyiv on Tuesday morning, killing two people, just hours before talks between Ukraine and Russia resumed. At ... -
The Fed is about to hike rates to control inflation
HARD TIMES AHEAD A person rides a scooter past a check cashing and payday loan store on Friday, March 11, 2022 (Manila March 12), in downtown ...
