OPINION/EDITORIAL

Capital Flight and the Politics of Betrayal: When Leaders Stop Believing in Their Own Economy

October 12, 2025 By Blaise Udunze Nigeria’s economy is bleeding, not from the absence of money, but from the silent, systemic outflow of capital that should be building industries, creating jobs, and stimulating innovation. Instead, wealth is fleeing into the vaults of local banks, offshore accounts, and speculative government instruments […]

Oil Drops Below $60 on Gaza Ceasefire

October 10, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Image Credit: Oilprice.com WTI crude fell below $60 per barrel as easing Middle East tensions and weak China–U.S. sentiment erased much of oil’s geopolitical risk premium. Friday, October 10, 2025 The relatively successful implementation of the Israel-Gaza ceasefire deal has lowered geopolitical risk […]

Explaining Strong Credit Growth in Brazil Despite High Policy Rates

(Credit: wsfurlan/iStock by Getty Images) October 9, 2025/IMFBlog At 15 percent, Brazil’s monetary policy interest rate (called Selic) is one of the highest among major economies. Yet in 2024, bank credit grew by 11.5 percent and corporate bond issuance rose by 30 percent. This credit expansion—in the face of high […]