Rate Cliff Awaits Global Economy After Higher-for-Longer Plateau
The new higher-for-longer stage of global monetary policy may last only until the early months of 2024 as
2023-10-08 21:24
Two Israeli Tourists Killed in Egypt After New Hamas War Erupts
An Egyptian policeman opened fire on a group of Israeli tourists in the Mediterranean city of Alexandria on
2023-10-08 20:58
ECB’s Lagarde Says IMF Has Cut Global Growth Forecasts Except US
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. European Central
2023-10-08 20:50
Eskom Latest: Power Utility Suspends Outages; Rooftop Solar
South Africa’s power utility suspended rotational outages on Sunday following improved electricity generation in Africa’s most-industrialized economy. Loadshedding,
2023-10-08 20:47
Kenya’s Ruto, AfDB’s Adesina Say Tackling Climate Depends on Africa Debt Fix
Kenyan President William Ruto and the heads of two major finance and climate institutions said without a 10
2023-10-08 19:22
Mideast Stocks Drop as Israel Declares War Against Hamas
The fallout from Saturday’s surprise attack on Israel by the Palestinian group Hamas reverberated through Middle East markets,
2023-10-08 16:24
Israel Latest: Fighting Continues in the South, Mortars in North
Israel is “at war,” Prime Minister Benjamin Netanyahu said, after militants from the Gaza Strip fired over 3,000
2023-10-08 14:49
US Inflation Seen Corroborating Higher-for-Longer Fed
Underlying US inflation is seen rising at a monthly pace that corroborates the message from central bankers that
2023-10-08 04:58
Yellen to Focus on World Bank and China at Global Meetings
Treasury Secretary Janet Yellen is expected to push her reform agenda for the World Bank, meet with senior
2023-10-06 17:59
German Industry Slams High Energy Costs as ‘Self-Made’ Problem
Germany’s small and mid-sized companies, the backbone of Europe’s largest economy, are urging the government to ease burdens
2023-10-06 16:48
S. Africa Could Miss 2025 Gray List Exit, New FirstRand CEO Says
South Africa might not secure a quick exit from the global financial watchdog’s dirty money list by 2025
2023-10-06 15:51
Eskom to Have a CEO by Year End, South Africa’s Gordhan Says
South Africa’s protracted search for Eskom Holdings SOC Ltd.’s new chief executive officer will end by December, according
2023-10-06 15:18