World News

Trade Balances in China and the US Are Largely Driven by Domestic Macro Forces

(Credit: IMF Photo/Raul Ariano) September 12, 2024/IMFBlog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed concerns about global imbalances and fueled an intense debate on their causes and consequences. There are increasing worries that China’s external […]

FG Markets $100b Creative Economy Growth Plan to Corporate Nigeria

…As Minister Meets Investors in Lagos September 11, 2024/Chain Reactions Africa Following months of comprehensive planning, the Federal Government has unveiled details of its bold and strategic plans to generate at least $100 billion and create over two million jobs from Nigeria’s creative economy yearly. The Government’s plan was unveiled Wednesday September […]

AfDB at 60: “Today, as in the Past, You Are Part of Africa’s Transformation” – Adesina

Praising the courage of members of staff deployed in Somalia and Sudan – both countries facing fragile contexts – Adesina paid tribute to those who risk their own and their families’ lives on a daily basis to advance Africa’s cause September 10, 2024/AfDB The President and Chairman of the Boards […]