OPINION/EDITORIAL

Drawing Further Apart: Widening Gaps in the Global Recovery

July 27, 2021/IMFBlog By Gita Gopinath The global economic recovery continues, but with a widening gap between advanced economies and many emerging market and developing economies. Our latest global growth forecast of 6 percent for 2021 is unchanged from the previous outlook, but the composition has changed. The recovery is […]

Nigeria Post MPC July 2021: MPC Holds Rates Constant; Halts Sales of FX to BDCs

July 27, 2021/Cordros Report In line with our expectation, the Monetary Policy Committee (MPC) voted to maintain the MPR at 11.5% alongside other key monetary policy parameters.  Like the May meeting, where there was uniformity in the voting pattern, a unanimous decision was reached among the Committee members. The outcome […]

Why The U.S. Wants China To Stop Importing Iranian Crude

July 27, 2021/OilPrice.com Chart of the Week –     The government of the United States is mulling a ban on Chinese imports of Iranian crude as it becomes increasingly clear that reaching a deal with Iran before the inauguration of its new government is unlikely.  –    The oil markets […]