Is the US Economy Heading for a Recession?
Over the past few days, global stock markets have been experiencing significant declines. Trading screens across the US, Asia, and…
Wall Street Braces for Steep Decline as U.S. Recession Fears Intensify
Wall Street is poised for a significant downturn as U.S. stock index futures plummeted on Monday, with Nasdaq futures falling…
Dollar Weakens After Fed Meeting, Yen Hits Four-Month High
The US dollar weakened on Wednesday after the Federal Reserve held interest rates steady but signaled a potential rate cut…
Bank of England Implements First Interest Rate Cut Since 2001 Amid Economic Pressures
In a significant move aimed at addressing economic uncertainties, the Bank of England (BoE) has announced its first interest rate…
IMF Approves ‘Landmark’ $3.4bn Bailout for Ethiopia as Currency Devalues
The International Monetary Fund (IMF) has approved a significant $3.4 billion (ÂŁ2.6 billion) bailout for Ethiopia, marking a crucial step…
Ghana’s Economy ‘Run Like a Ponzi Scheme,’ Says Former Deputy Finance Minister
Kwaku Kwarteng, former Ghana Deputy Finance Minister and Member of Parliament for Obuasi West, has delivered a scathing critique of…
Ghana’s Cedi Depreciates 19.5% Against Dollar, Driving National Debt to GH¢742bn in First Half of 2024
The Bank of Ghana has revealed a troubling trend in the country’s currency market, with the Ghana cedi depreciating by…
Leonardo DiCaprio’s Eco-Friendly Shoe Investment Faces Financial Struggles, Loses ÂŁ2.7 million
Hollywood superstar Leonardo DiCaprio’s foray into eco-friendly fashion has hit a rough patch, as his investment in the British vegan…
Nigeria Central Bank Hikes Interest Rate to 26.75% Amid Soaring Inflation
The apex bank of Nigeria has increased its benchmark interest rate to 26.75% from 26.25%, marking the fourth rate hike…
Illicit Banknotes in Eastern Libya Contribute to Dinar Devaluation, Russia Involved
TRIPOLI, Libya – Unofficial Libyan banknotes, some printed by Russia, have been exchanged for real dollars, exacerbating the dinar’s devaluation,…
