Has Argentina’s risk of libertarianism paid off?
In September 2024, Elon Musk stated that his companies were looking for ways to invest in Argentina and support the South American country's economic recovery...
Tag : inflation
Basic strategies for ‘cost-of-living’ relief: A guide for young professionals
As the cost-of-living becomes a serious issue globally, incumbent governments in major economies, including the Democrats in the US and the Conservatives in the UK, faced significant backlash last year...
UAE’s non-oil sector sees strong growth amid capacity constraints
The seasonally adjusted S&P Global UAE PMI was 55.0 in January 2025, just slightly down from the nine-month high of 55.4 in December 2024...
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%...
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...
Non-oil sector to buoy Oman’s GDP growth to 3.1% in 2025
The Sultanate of Oman's sovereign wealth fund, the OIA, released economic projections earlier this week that are in line with this GDP growth estimate at constant prices...
Gold poised for weekly gain ahead of potential US Federal Reserve rate cut
The spot price of gold decreased by 0.4% to USD 2,671.39 per ounce, as the US dollar neared its highest point in over two weeks...
Singapore economists see growth of 3.6% in 2024, monetary policy remains unchanged
Singapore's central bank determines the direction of the S$NEER's policy band, which influences the value of the local currency relative to its major trading partners...
Kuwait GDP to contract in 2024, rebound expected in 2025, predicts IMF
As a result of ongoing production cuts by OPEC+, Kuwait's economy is predicted to remain in recession in 2024, contracting by 20.8%, before gradually improving...
Volatile Middle East ripple through global markets
The global inflationary impact of a Middle East conflict extends beyond energy prices...