Argentina 2020 budget deficit reaches 6.5% of GDPInternational Finance Business DeskJanuary 21, 2021 by International Finance Business DeskJanuary 21, 2021 The economy saw a revenue drop of 0.7 percent of its GDP, which led to the deficit... Read more
UAE to see a V-shaped recovery this year: FABInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021 Rebound in tourism and oil prices are likely to lead the recovery... Read more
South African Reserve Bank to maintain repo rate through 2021Pritam BordoloiJanuary 15, 2021 by Pritam BordoloiJanuary 15, 2021 The Reserve Bank governor Lesetja Kganyago will hold rates steady in January... Read more
Covid-19 vaccine to support Indonesia’s economic recovery: PresidentPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 Indonesia’s Minister of Health said nearly 1.5 mn medical workers would be inoculated by February... Read more
Germany to sell record amount of federal debt in 2021International Finance Business DeskJanuary 8, 2021 by International Finance Business DeskJanuary 8, 2021 The Federal Finance Agency is also planning to sell a maiden 30-year green bond in May and a maiden 30-year conventional bond in September... Read more
South Africa outlines plan for ports of entry operationsInternational Finance Business DeskJanuary 8, 2021 by International Finance Business DeskJanuary 8, 2021 The plan has been approved by the National Joint Operational and Intelligence Structure... Read more
Brexit to cost UK billions of dollar: BOE governorPritam BordoloiJanuary 8, 2021 by Pritam BordoloiJanuary 8, 2021 Bank of England Governor Andrew Bailey said that Brexit could cost the UK economy the equivalent of $109 bn... Read more
World Bank approves $100 mn for MozambiqueInternational Finance Business DeskJanuary 7, 2021January 7, 2021 by International Finance Business DeskJanuary 7, 2021January 7, 2021 Last October, it granted an initial $100 million in response to the nation’s efforts in fighting against the pandemic... Read more
Global economy to expand by 4% in 2021: World BankPritam BordoloiJanuary 6, 2021 by Pritam BordoloiJanuary 6, 2021 It also warned that rising Covid-19 cases and delays in vaccine distribution could limit the recovery to just 1.6%... Read more
UK sees quick economic recovery; new strain affects growthWebAdminDecember 24, 2020 by WebAdminDecember 24, 2020 New lockdown measures on the back of discovering a new strain is threatening to cause another recession... Read more