UK Election Results: Labour Party registers landslide victory as Keir Starmer set to become next PM
Rishi Sunak had earlier conceded defeat and said he had called Keir Starmer to congratulate him on his victory...
Category : Economy
South Africa’s employment crisis: New government needs to act fast
Both ANC and the centrist DA have taken note of South Africa's lacklustre growth and record unemployment, stating that finding solutions to these problems will be their first priority...
US unemployment claims decrease, easing labour market concerns
In May, the unemployment rate increased to 4.0% for the first time since January 2022...
IF Insights: The effects of the global cost of living crisis
The cost of housing and other accommodations is one of the main factors driving up the cost of living...
Here is what BOJ has to say on Yen’s impact on Japan economy
The BOJ has been deeply involved in the bond market up till very recently and our presence remains very large...
Global unemployment expected to dip in 2024: ILO study
According to the analysis, in 2025 the trend of declining unemployment will level off, with the rate of unemployment staying at 4.9%...
Philippine economy to triple by 2033, says country’s Finance Secretary
Going forward, the Philippines is predicted to continue growing faster than the economic superpowers in the Asian region...
Lebanon’s growth is inadequate for economic recovery: IMF
Since the Gaza War began in October 2023, fighting between Israeli forces and Hezbollah in Lebanon has taken place across the West Asian country's southern border...
UAE economy grew 4.3% in 2023 Q4
As one of the top oil exporters in the world, the UAE has expedited plans to diversify its economy away from hydrocarbons and attract international investment...
IF Insights: Will BoE react to plummeting UK inflation with rate cuts?
Compared to other large, wealthy economies, Britain's inflation rate peaked higher...