UK job market ringing the alarm bells
The so-called “Sahm rule” indicates that UK is seeing the sharpest rise in unemployment in the developed world, fueling recession fears that are growing by the day in London. The…
Asia’s different approaches to protect local currencies
Emerging Asia’s central banks have resorted to various ways to protect their currencies as fears of long-term interest rate hikes in the US and rising global tensions drive down the…
How war in Middle East could affect the global economy
The conflict between Israel and Hamas that erupted this week, like wars in the Middle East in the past, has the potential to disrupt the world economy and even lead…
Africa’s critical minerals attract US attention more and more
The US is stepping up efforts to strengthen ties with African countries rich in critical mineral resources to ensure security of supply, a government official said. Workshops recently held in…
US breaks its promises, once again
US and Qatar authorities have decided not to let Iran access its previously unlocked $6bn in funds for the time being in light of the Hamas attack on Israel, The…
Africa’s exports could grow by $1 trillion under trade deal
Africa’s economic prospects are looking brighter following the adoption and ratification of a free-trade accord by most of the continent’s 55 nations. According to a recent Standard Chartered report, annual…