Banking Business Leaders FeaturedBusiness Leader of the Week: Meet Ajay Banga, new World Bank chiefIFM CorrespondentMay 12, 2023May 17, 2023 by IFM CorrespondentMay 12, 2023May 17, 2023 Ajay Banga was nominated by US President Joe Biden to lead the World Bank... Read more
Economy FeaturedUS’ inflation fight: What lies ahead?WebAdminNovember 18, 2022November 17, 2022 by WebAdminNovember 18, 2022November 17, 2022 Inflation has been there in the United States and it has been at its highest since 2021... Read more
Economy FeaturedRate hikes to trigger global recession in 2023?WebAdminSeptember 30, 2022September 29, 2022 by WebAdminSeptember 30, 2022September 29, 2022 Global economy is severely dropping, and it will likely continue to slow as more nations experience recessions... Read more
Currency MagazineZimbabwe to mint gold to curb inflation, investors excitedWebAdminSeptember 27, 2022September 27, 2022 by WebAdminSeptember 27, 2022September 27, 2022 President Mnangagwa hopes to correct some of the systemic economic issues his administration inherited... Read more
Featured Oil & GasOil & gas: What makes this industry most profitableIFM CorrespondentJuly 25, 2022 by IFM CorrespondentJuly 25, 2022 According to IMF, the fossil fuel industry also benefits from subsidies of USD 16 billion a day.... Read more
Economy FeaturedWhat is stagflation? And how does it affect you?IFM CorrespondentJune 13, 2022June 13, 2022 by IFM CorrespondentJune 13, 2022June 13, 2022 The World Bank forecasted decade-long stagflation for the global economy.... Read more
Economy FeaturedWorld Bank warns of 70s-style stagflation aheadIFM CorrespondentJune 9, 2022 by IFM CorrespondentJune 9, 2022 The global economy may endure decades of stagnant growth and high inflation, collapsing struggling post-pandemic economies.... Read more
Economy FeaturedWorld Bank to give Sri Lanka $600 million in aidIFM CorrespondentApril 28, 2022 by IFM CorrespondentApril 28, 2022 The country was forced to default on some of its foreign debt commitments recently.... Read more
Economy FeaturedUkraine to get $700 million as emergency aid from World Bank groupIFM CorrespondentMarch 8, 2022 by IFM CorrespondentMarch 8, 2022 The financial support comes in the form of loans, guarantees, and grants.... Read more
Economy FeaturedGCC economies poised to grow 2.6% in 2021: World BankIFM CorrespondentDecember 3, 2021 by IFM CorrespondentDecember 3, 2021 The report mentioned that the growth will continue in 2022... Read more