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 : inflation
Third World countries deepening debt crisis
In theory and in a perfect world, governments would receive money through taxes and investments to cover their debts...
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...
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: Black Sea Deal saga threatens to derail inflation fight
Experts believe that the domino effect of Russia’s action will be reflected in global inflation which, in 2023, started showing signs of calming down...
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...
Gold steadies near three-month lows as all eyes remain on Fed Chair
Spot gold rose by 0.1% to USD 1,915.22 per ounce, hovering close to its lowest level since March 16 at USD 1,910...
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...