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 […]
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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 […]
Turning the Corner, Time to Move from Reforms to Results
Image Credit: World Bank December 13, 2023/World Bank The Government of Nigeria avoided a fiscal cliff by implementing bold reforms, including ending the gasoline (premium motor spirit, PMS) subsidy, and shifting to a unified, market-reflective foreign exchange (FX) rate. These essential reforms entail painful adjustments. They have led to an […]
