July 23, 2024/Oilprice.com By Michael Kern Oil prices have declined this week despite rising geopolitical risks, with markets focusing primarily on Joe Biden’s decision to withdraw from the presidential race.         – The Asian oil market witnessed a much-needed recovery in trading after the region’s main benchmark […]

July 23, 2024/CSL Research The Central Bank of Nigeria (CBN) is anticipated to sustain its contractionary monetary measures as it concludes its fourth Monetary Policy Committee (MPC) meeting of the year. Price pressures and the need to attract foreign portfolio investments (FPIs) remain top priorities for the monetary policy committee. […]

(Credit: Alfribeiro/iStock by Getty Images) July 23, 2024/IMFBlog By Kristalina Georgieva The global economy is stuck in low gear, which could deal a major blow to the fight against poverty and inequality. Group of Twenty finance ministers and central-bank governors gathering this week in Rio de Janeiro face a sobering […]