It is a global recession with economic growth among lowest in four decades
Inequalities, lack of uniform growth among countries making global economic recovery difficult, shows UN’s Trade and Development …
Sub-Saharan Africa’s debt burden increased to a record $789 billion in 2021, highest since 2010
Low economic growth, skyrocketing inflation, the Ukraine war, massive debts and climate change increased the region’s dependancy on private …
Nigeria has just hiked interest rates: Why it’s the wrong recipe for curbing inflation
Hike would lead to an increase in the value of the Naira through what’s called “Carry Trade”
EU offers 750 bln euros in grants and loans to overcome COVID-19 recession
The package will need to be ratified by the European Parliament before it is implemented
COVID-19: The world is staring at a recession — the first to be driven by a pandemic
The novel coronavirus disease and measures to contain outbreaks can shrink the global economy by 5.2%; that would be the 4th-…
Global growth to slow in 2023, trade to grow at less than a third the pace before pandemic: World Bank
Growth projections for 70% emerging markets & developing countries downgraded
Inflation is rising in Kenya: Here’s why, and how to fix it
Politicians eyeing Kenya’s 9 August polls have been offering solutions in exchange for votes
COVID-19: 400 mln jobs lost in Q2 2020, says ILO
Job losses up 400% in Africa, Asia since first 3 months; working hours lower than estimates
India’s deep economic paralysis just set in
Amid the second wave of the COVID-19 pandemic, India enters into a situation that currently looks unimaginably distressed.
COVID-19: Tanzania needs $1.1 billion support right away, says IMF
Current account deficit of the east-African country expected to widen to 4.5% of 2021-22 GDP
IIM fee hike: What are the consequences
Fee hike in unregulated IIMs and the lack of it in regulated institutions elucidate a grave concern. Did the autonomy play a significant role in …
Data obscurity keeps West Asia, North Africa from reaching growth potential: World Bank
Growth forecasts in the region more often inaccurate, overly optimistic than other places
Almost 60% of Africa’s low-income countries in debt distress: UNCTAD
Ghana and Tunisia are in talks with the International Monetary Fund (IMF) for emergency loans
Former UK PM Gordon Brown now WHO ambassador for global health financing
Brown had warned that 100 million COVID-19 vaccines would go waste unless global leaders shared surplus supplies with the poorest countries
Redundant since 2019: The 12th ministerial conference fails to revive WTO Appellate Body
Reappointment of judges to the appellate body stopped in 2017
Global economy’s weakest half-decade performance in 30 years likely by end of 2024, warns World Bank
Calls for $2.4 trillion increase in investment by developing countries for course correction
COVID-19 impact pushes India’s $5 trillion dream 3 yrs farther
Policymakers must focus equally on all 3 sectors: Agriculture, industry, services