Bank of Japan raises interest rates to highest in 17 years, yen jumps
At its two-day meeting that ended, the Bank of Japan increased its short-term policy rate from 0.25% to 0.5%...
Tag : economy
Eyeing oil production boost, Libya to go for license bidding in 2025
Ahmet Turkoglu highlighted Libya’s offshore energy sector as a promising area for exploration and development, describing existing fields and brownfields as holding immense opportunities...
Is the world ready for an ageing workforce?
The fact that several nations in the global south are ageing before becoming wealthy further complicates the establishment of social protection systems...
Is Victoria struggling with unemployment?
Victoria's unemployment rate is high when compared to the rest of Australia and is on the rise....
Trump’s America First: Trade, taxes, & growth
During his first term, Trump implemented numerous tariffs aimed at levelling the playing field for American manufacturers...
Ghana faces challenges as Mahama takes office
Ghana recently completed a three-step, domestic, bilateral, and commercial, debt restructuring process, which began in December 2022...
Cash ensures resilience in payment systems: Professor Jay Zagorsky
When people spend cash, they are limited to whatever paper money they have immediately on hand...
Is UniCredit building a European banking empire?
The acquisition of Commerzbank shares by UniCredit did not go unnoticed within German political circles...
Bahrain’s GDP grows by 2.1% in Q3 2024
Driven by further economic diversification, Bahrain's third-quarter growth reflects favourable trends throughout the GCC, with Qatar's GDP increasing by 2% and Saudi Arabia's by 2.8%...
Rachel Reeves suffers new setback as UK economy unexpectedly shrinks
Some businesses said that customers waiting for Rachel Reeves' statement had impacted turnover...