World News

Bank of England Maintains Rate at 5.25% – December 2023

Monetary Policy Summary and minutes of the Monetary Policy Committee meeting December 14, 2023/Bank of England Monetary Policy Summary, December 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At […]

ECB Keeps Interest Rate with Sinking Inflation Forecast

December 14, 2023/ECB The Governing Council today decided to keep the three key ECB interest rates unchanged. While inflation has dropped in recent months, it is likely to pick up again temporarily in the near term. According to the latest Eurosystem staff projections for the euro area, inflation is expected […]

Africa Needs Just Trade for a Just Energy Transition, AfDB Head Says at Doha Forum

The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of its climate change reduction measures December 14, 2023/AfDB The President of the African Development Bank Group Dr Akinwumi Adesina has reiterated his warning that the introduction of a carbon border tax […]