Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.
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Ghana’s deal with the IMF is the 17th in its history.
Nigeria’s debt profile is disturbing but shouldn’t hinder Bola Ahmed Tinubu’s ability to tackle unemployment and poverty.
Fuel subsidy removal can benefit workers and poor Nigerians, if the process is carefully managed and implemented.
Three forces are pulling down ESG’s once-rapid rise in the investment world.
Treasurer Jim Chalmers said that “for too long, those working in aged care have been asked to work harder for longer without enough reward, but with this budget that changes”
If the US fails to increase its debt ceiling by June 1, it could be forced into an embarrassing – and hugely costly – default on its obligations.
The numbers seem to be going in the ‘right’ direction for the Fed to pull off a soft landing – and avoid a recession – but the picture remains murky.
Markets are increasingly siding with investment choices that prioritise environmental sustainability, social commitment and ethical and transparent corporate governance.
House Speaker Kevin McCarthy agreed to raise the debt ceiling – and avoid an unprecedented US default – but only if Democrats agree to freeze spending and agree to several other demands.
The federal government wanted to give taxpayers a couple months to prepare the year’s taxes. But as filing became more complex, the date was pushed back.
The co-hosts of the ‘Taxes for the Masses’ podcast explain the upside and downside of all those credits and deductions.
The Fed’s campaign of rate hikes is showing more signs of having the intended effect of slowing the economy – but that may be bad news for those who lose their jobs or have a harder time finding one.
Domestic resource mobilisation cannot be achieved by over-taxing the livelihoods of the most vulnerable workers in the informal sector.
The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
The latest consumer prices report shows cost of living is still rising far above the Fed’s target. But don’t expect monetary policymakers to aggressively hike rates.
There are at least five errors that marred the currency redesign policy of the Central Bank of Nigeria, most of which could have been avoided.
The Windsor framework will still cause Northern Ireland’s GDP but less than that expected under the protocol.
Your super is likely exposed to major nature-based risks. How big a risk? We don’t know - because to date, banks and super funds haven’t looked into it. But that’s likely to change
The future and fate of Nigeria depends on the strength of character and dedication of the incoming president.
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Professorial Fellow, University of Canberra
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Professor and Director of The Nelson Mandela School of Public Governance, University of Cape Town
