OPINION/EDITORIAL

Trade Balances Mostly Driven by Economic Forces, Not Tariffs

July 10, 2019/IMFBlog By IMFBlog Over the past two decades, most of the changes in bilateral trade balances—the difference in the value of exports and imports between two countries—were explained by macroeconomic factors, according to IMF research. These factors include fiscal policy, demographics, and weak domestic demand. They may also […]

Middle East Tension Boosts Oil Prices

July 9, 2019/OilPrice.com Chart of the Week –     U.S. oil production continues to break records, surpassing 12 mb/d in April for the first time on a monthly basis. –    The soaring production gains over the last few years came overwhelmingly from Texas. Production in Texas stood just shy of […]

Africa: Sports as a Business and a Brand

July 8, 2019/AfDB By Victor Oladokun At the ongoing Africa Cup of Nations in Egypt, the visual imagery of  almost empty stadiums is a powerful narrative. But not the kind that African sports, African football, or corporate sponsors deserve. The empty seat syndrome in suggests that football fans are voting […]