The “Economic Emergency Plan’’

May 29, 2024/CSL Research Based on news reports, Wale Edun, the Minister of Finance and Coordinating Minister of the Economy announced plans by the Federal Government to unveil an ‘economic emergency plan’ aimed at stabilizing the nation’s economy and fostering continued growth. According to Edun, the plan, which is pending […]

Europe Can Reap Sizable Energy Security Rewards by Scaling Up Climate Action

(Credit: dusanpetkovic/iStock by Getty Images) May 28, 2024/IMFBlog By Geoffroy Dolphin, Romain Duval, Galen Sher, Hugo Rojas-Romagosa Russia’s invasion of Ukraine triggered Europe’s worst energy crisis since the 1970s and put energy security back at the top of the policy agenda. Policymakers reacted swiftly by securing alternative natural gas supplies, improving energy efficiency, […]

Oil Prices Remain Rangebound Despite Rising Gasoline Demand

May 28, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices have been rangebound for the last four weeks with demand concerns being canceled out by expectations of an OPEC+ production cut extension. – The latest forecast from the US National Oceanic and Atmospheric Administration (NOAA) confirmed that this year’s Atlantic hurricane […]