World Bank Keeps Nigeria in Lower-Middle-Income Group – What It Means for Africa’s Largest Economy
Nigeria's economy has undergone a series of painful structural adjustments over the past two years - fuel subsidy removal, currency…
Federal Reserve Taps Xbox CEO Asha Sharma for AI Productivity Taskforce – What It Means for Monetary Policy and the Global Economy
The Federal Reserve has brought an unexpected voice into its policy deliberations. Asha Sharma, Chief Executive Officer of Xbox, has…
Poland’s NBP Adds 82 Tonnes of Gold in 2026, Reinforcing Central Bank Demand as a Pillar of the Global Economy
Poland's central bank, Narodowy Bank Polski, has acquired 82 tonnes of gold in 2026, marking one of the most significant…
Middle East Re-Escalation Could Force Central Banks to Rethink Interest Rates and Global Economy Outlook
A renewed flare-up of conflict in the Middle East carries consequences that extend well beyond the region's borders. Energy markets,…
World Bank Cuts Kenya’s GDP Growth Forecast to Weakest Since Covid as Iran Conflict Reshapes Global Economy Risks
Kenya's economic trajectory is deteriorating faster than previously anticipated. The World Bank has revised its growth forecast for the country…
Japan’s Factory-Gate Prices Are Sending the Boldest Inflation Signal in Three Years
Japan's wholesale inflation accelerated in June at its fastest pace in more than three years, data showed Friday, strengthening the…
Crude Prices Cling to a War Premium as the Ceasefire Cracks Again
Oil prices edged higher on Friday and were on track for a second straight weekly gain, as renewed fighting between…
Silicon Valley’s AI Bill Is Being Paid With Borrowed Money
The largest builders of artificial intelligence data centers have roughly doubled their debt load over the past five years, turning…
Trump’s Favorite Economic Indicator Leaves Out Four in Ten Americans
President Donald Trump opened this week with an Oval Office first: ringing the stock market's opening bell. The gesture captured…
Wall Street Starts Betting the Calm in Currency Markets Won’t Last
Currency traders are starting to buy protection against sharper exchange-rate swings after months of unusual calm, as banks warn that…
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