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Nigeria’s inflation rate dropped to 23.2% in February 2025 from 24.1% in January 2025. Bloomberg reports this decline following a significant revision of the consumer price index. The reference year …
Nigeria’s Inflation Rate Declines to 23.2% in February 2025 Read More
China’s economy shows mixed indicators according to recent data. Retail sales rose by 4% year-on-year but unemployment increased to 5.4%, the highest in two years. Housing prices fell in 68 …
China’s Economic Challenges Amid Rising Unemployment and Trade War Pressures Read More
The Government of Kenya is seeking a new IMF funding program after opting not to complete the review of an existing facility worth Ksh103.4 billion. The current $3.6 billion program …
Kenya Seeks New IMF Funding After Dropping Existing $800 Million Deal Read More
U.S. equity futures have decreased following Treasury Secretary Bessent’s comments framing the market slump as a correction. In contrast, Asian shares surged due to positive consumer data from China. Oil …
U.S. Futures Decline as Asian Shares Rise on Positive China Consumption Data Read More
Kenya has sought a new funding program from the IMF after discontinuing the final review of an existing agreement to access $800 million. The current program concludes on April 1, …
Kenya Pursues New IMF Funding Program Amid Financial Challenges Read More
The UK will commence trade discussions with the Philippines after the latter rescinded an import ban on British beef and poultry products. Focus areas for the talks include infrastructure, renewable …
UK Initiates Trade Talks with Philippines Following Beef Ban Lifting Read More
Venezuelan oil contractors continue their work with Chevron amidst U.S. deadlines. Chevron’s operations remain steady, with no immediate halt directives issued, raising questions about compliance with U.S. sanctions. Analysts suggest …
Chevron and Venezuelan Contractors: Navigating U.S. Sanctions and Economic Challenges Read More
The Trump administration’s immigration policies have prompted a notable shift in human smuggling activities, with smugglers now facilitating the return of migrants to Colombia instead of the United States. Daily, …
Shift in Human Smuggling: Migrants Now Charged to Return Home Amid Policy Changes Read More
Peru’s Central Bank has maintained its key interest rate at 4.75%, reflecting the anticipated stability in the face of global trade tensions. Local inflation trends are positive, and economic growth …
Peru’s Central Bank Maintains Steady Interest Rates Amid Global Trade Challenges Read More
The U.S. Export-Import Bank has approved a $4.7 billion loan supporting TotalEnergies’ Mozambique LNG project. This financing is critical for the project’s revival after a four-year pause due to militant …
U.S. Exim Bank Approves $4.7 Billion Loan for TotalEnergies Mozambique LNG Project Read More