June 5, 2024/CSL Research In May 2024, the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) saw a moderate increase, rising to 52.1 points from 51.1 points in April. This indicates a modest expansion in business conditions within the private sector. The May reading is the second highest of the […]
OPINION/EDITORIAL
As IMF Turns 80, Mounting Global Challenges Mean World Must Work Together
(Credit: Original illustration by Daniel Liévano) June 4, 2024/IMFBlog By Gita Bhatt “Prosperity, like peace, is indivisible,” US Treasury Secretary Henry Morgenthau Jr. said as he opened the Bretton Woods conference in 1944. It was, as he put it, an “elementary economic axiom” to help guide the founders of the […]
Oil Prices Drop as Bearish Sentiment Builds
June 4, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Bearish sentiment has taken hold of oil markets after OPEC+ underwhelmed with its commitment to extend its voluntary cuts into Q3 2024 and its base cuts until the end of 2025. – Combining an in-person meeting in Riyadh with a hybrid online option […]
