January 17, 2025/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the Red Sea, but prices are still set to end the week with a gain. The recent relentless oil price […]
OPINION/EDITORIAL
As One Cycle Ends, Another Begins Amid Growing Divergence
(Credit: George Clerck/iStock by Getty Images) January 17, 2025/IMFBlog By Pierre-Olivier Gourinchas We project global growth will remain steady at 3.3 percent this year and next, broadly aligned with potential growth that has substantially weakened since before the pandemic. Inflation is declining, to 4.2 percent this year and 3.5 percent […]
The Critical Need for Energy Access in Africa: A Roadmap to Prosperity
January 17, 2025/AfDB By Wale Shonibare, African Development Bank’s Director of Energy Financial Solutions, Policy, and Regulation Across Africa, the sunlight shines bright and natural resources abound. Yet despite that lies a pressing issue that threatens to stifle the continent’s growth and prosperity: the lack of access to reliable and […]
