Nigeria to take significant action to save naira as inflation continues to haunt country
Naira slipped by 0.7%, its steepest decline in nearly six months, in official trading on the Nigeria Exchange on June 2023...
Tag : economy
Why do American banks collapse?
Banks are exposed to a range of risks, including credit risk, market risk and liquidity risk...
Dollar’s kingship under threat?
As of 2023, central banks hold about 60% of their foreign exchange reserves in Dollars...
Is corporate greed fuelling inflation?
Inflation may produce more enormous profits because businesses conceal pricing increases...
Business Leader of the Week: Meet Mohamed Alabbar, driving force behind Dubai’s growth
In 1997, Mohamed Alabbar founded Emaar Properties, holding 24.3% of shareholders of the company and the rest owned by the Dubai government...
IF Insights: Predicting the road ahead for UK economy
The pandemic's impact obscures a larger concern that the UK economy will face in the coming decades: population ageing...
IF Insights: Can governments cut public spending to fight inflation?
Demand-pull inflation arises when aggregate demand outpaces the supply of goods and services, increasing prices...
Oil prices slide further amid concerns over China’s economic growth
China, the top oil importer in the world, is experiencing a sputtering recovery, which continues to worry the market...
Copper prices dip despite Li Qiang’s upbeat comments on Chinese economy
Li Qiang stated that his country's growth in the second quarter of the financial year of 2023-24 was expected to be faster than the 4.5% registered during the January-March period...
Crisis-ridden Sri Lanka’s economy shrinks 11.5%
Sri Lanka’s economy is showing tentative signs of improvement, in part due to the implementation of critical policy actions...