September 13, 2024/Oilprice.com Michael Kern, Editor, Oilprice.com Crude prices recovered on Friday, breaking the four-week losing streak in oil, with WTI rising to $70 per barrel. Friday, September 13th, 2024 Hurricane Francine helped oil prices edge higher after bearish sentiment overtook the market, taking off some 700,000 b/d of oil […]
OPINION/EDITORIAL
VAT Inflow Rises 9.11% Q/Q to ₦1.56 Trillion
September 13, 2024/CSL Research According to the National Bureau of Statistics (NBS), aggregate Value Added Tax (VAT) for Q2 2024 was reported at ₦1.56 trillion, a growth of 9.11% on a quarter-on-quarter basis from ₦1.43 trillion in Q1 2024. Of this, local VAT payments recorded in the period under review […]
Trade Balances in China and the US Are Largely Driven by Domestic Macro Forces
(Credit: IMF Photo/Raul Ariano) September 12, 2024/IMFBlog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed concerns about global imbalances and fueled an intense debate on their causes and consequences. There are increasing worries that China’s external […]
