May 4, 2023/US Federal Reserve Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are […]
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Top 5 Service Contracts by Value Signed in Angola in 2022/23
Under an agenda to accelerate on- and offshore hydrocarbon exploration and production, International Oil Companies and the Angolan government have awarded a number of lucrative service contracts in the past twelve months May 2, 2023/ECP While Angola already represents one of the largest oil producers in Africa, the country is […]
FDIC looks to change deposit insurance policy following First Republic Bank failure
May 2, 2023/Fox Business The Federal Deposit Insurance Corporation (FDIC) is seeking to reform its deposit insurance system in the wake of recent instability at multiple U.S. banks. FDIC, a state-owned corporation responsible for insuring commercial and savings banks, is proposing three possible restructuring plans for future operations. “The recent […]
