Browsing Tag
Economy
101 posts
Naira Devaluation Looms as Banks Cut FX Sales
and parallel market rates, which some analysts said remains the sole basis and driver for currency speculations. The…
Pound seesaws as Rishi Sunak prepares to confront UK’s huge economic challenges
Rishi Sunak, Britain’s third prime minister in seven weeks, will face the huge challenge of projecting stability after…
First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says
Stubborn inflation and the Federal Reserve’s jumbo-sized interest rate hikes will drive the American economy into a 1990-style…
White House economic adviser says US is ‘better positioned than most other countries’ to mitigate inflation
White House economic adviser Cecilia Rouse on Sunday defended the limited progress the Biden administration has had on…
Lenders urged to cancel Zambia debt as country faces economic collapse
More than 100 economists and academics have urged international lenders to crisis-stricken Zambia to write off a significant…
3 ways China and Russia are forging much closer economic ties
Hong Kong (CNN Business)Chinese leader Xi Jinping and his Russian counterpart, Vladimir Putin, will meet face-to-face this week…
Massive rail strike next week could deal another blow to America’s economy
New York (CNN Business)Freight railroads have been around since the 19th century, but you can’t run a 21st…
From energy to drinking water, China has lots to fix in its economy
Hong Kong (CNN Business)China has unveiled 19 new measures to shore up its economy and “secure drinking water”…
Senegal votes for MPs amid economy anger
Voting is under way in Senegal where the opposition is hoping that the current anger over economic hardship…
Europe’s economy surprisingly grew last quarter, easing recession fears (for now)
London (CNN Business)Europe’s economy grew unexpectedly in the second quarter of this year, allaying concerns — for now…