World News

Greece: A Credible Deal Will Require Difficult Decisions By All Sides

June 14, 2015 by iMFdirect By Olivier Blanchard The status of negotiations between Greece and its official creditors – the European Commission, the ECB and the IMF – dominated headlines last week.  At the core of the negotiations is a simple question: How much of an adjustment has to be […]

South Africa c.bank: monetary stance to change as inflation rises

Fri Jun 12, 2015/Reuters The South African Reserve Bank (SARB) could change its monetary stance because of rising risks to the inflation outlook and a likely rate hike in the U.S. by year-end, its deputy governor said on Friday. The SARB has kept its benchmark repo rate steady in Africa’s […]

Nigeria’s Inflation Rises 9% in May-NBS

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s inflation rose nine (9) percent in May percent (year-on-year), 0.3 percentage points from the 8.7 percent rate recorded in April, according to the latest Consumer Price Index (CPI) and Inflation Report May 2015 by the National Bureau of Statistics (NBS). “The faster pace […]