April 2, 2024/CSL Research Over the past weekend, the Central Bank of Nigeria (CBN) made significant announcements regarding the capital requirements for various categories of banks. The changes entail a substantial increase in minimum capital bases across board: Commercial banks with international authorization must now maintain a minimum capital base […]
OPINION/EDITORIAL
Oil Closes the Month on a Strong Note
March 29, 2024/Oilprice.com Michael Kern Editor, Oilprice.com The recent rally in oil prices is pushing the benchmarks towards a quarter of gains thanks to the OPEC+ output cuts. Friday, March 29th 2024 The oil markets are increasingly putting their trust into OPEC+ production cuts to remain in place throughout this year, […]
The Fiscal and Financial Risks of a High-Debt, Slow-Growth World
(Credit: Altayb/iStock by Getty Images) March 28, 2024/IMFBlog By Tobias Adrian, Vitor Gaspar, Pierre-Olivier Gourinchas Inflation-adjusted interest rates are well above post global financial crisis lows, while medium-term growth remains weak. Persistently higher interest rates raise the cost of servicing debt, adding to fiscal pressures and posing risks to financial stability. Decisive […]
