Africa’s currency crisis: A global problem
The depreciation of currencies has forced foreign companies to rethink their African investments...
Tag : inflation
After Donald Trump’s historic win, investors savour ‘red sweep’ possibilities
According to Donald Trump, federal regulations that impede the creation of jobs will be reduced...
Wage wars: The battle for more money
While companies may offer pay increases, as seen with Boeing's offer of a 25% wage hike and a USD 3,000 signing bonus, workers are increasingly rejecting these deals...
US polls countdown: Jobs report anxiety rises
August saw a decrease in the unemployment rate from 4.3% to 4.2% as employers added 142,000 jobs, which was less than anticipated...
Will Dissanayake pull Sri Lanka out of the abyss?
Sri Lanka's economy is expected to grow 3% in 2024, reversing 2023's contraction, while inflation, which peaked at 70% in September 2022, moderated to 0.5% in August this year...
Rising costs squeeze German businesses hard
Since 2015, China has been Germany's most significant trading partner, and in 2022, trade between the two reached a record high...
Bangladesh’s political reset faces economic hurdles
Bangladesh's economy is in terrible shape, with foreign reserves fast depleting, prices skyrocketing, the banking system in disarray, and most economic activity coming to a complete halt...
Bank of Uganda cuts key lending rate again, indicates reduction in inflationary pressures
The rate of inflation in services decreased from 6.2% in August to 5.8% in September...
Australia’s treasurer says China stimulus could boost growth down under
The Australian economy experienced a strong recovery following the COVID-19 pandemic...
US Elections 2024: Economy takes centre stage
The power transition from Trump to Biden occurred during the 2020-21 period, when the global economy was at a standstill due to the COVID-19 pandemic...