OPINION/EDITORIAL

Benefits of Accelerating the Climate Transition Outweigh the Costs

(Credit: Crispin Rodwell/IMF Photo) December 5, 2023/IMFBlog By Jens Mehrhoff Ensuring a lower-carbon future is not only necessary but also good for the economy, according to the latest climate scenarios from the Network for Greening the Financial System, a group of 127 central banks and financial supervisors working to manage climate risks and boost […]

Machines and Markets: Nigeria’s Manufacturing

December 5, 2023/Coronation Research Landscape The manufacturing sector in Nigeria has experienced inconsistent growth, averaging a modest 0.46% y/y over the past seven years and contributing an average of 9.1% y/y to the total GDP during the same period. There are a number of factors that have influenced the current […]

Demand Concerns Dominate Oil Markets Despite OPEC+ Cuts

December 5, 2023/Oilprice.com Tom Kool Editor, Oilprice.com Macroeconomic factors continue to weigh on oil prices this week, despite the insistence of OPEC+ members that the group’s production cuts will tighten the oil market. Chart of the Week – In a deja vu moment for UN climate change conferences, participating nations […]