April 28, 2023/OilPrice.com Josh Owens Editor, Oilprice.com Oil prices have stabilized around $78 per barrel for ICE Brent and $74 per barrel for WTI after Wednesday’s double whammy of bad macroeconomic data. The decline in US capital goods spending confirmed fears that economic growth is slowing down in the United […]

(Credit: Lena Mucha/IMF Photo) April 28, 2023/IMFBlog By Alfred Kammer Following a strong exit from the pandemic, Europe was hit hard by the economic impact of Russia’s invasion of Ukraine. Growth slowed drastically, inflation shot up, and episodes of financial stress materialized. But as a result of decisive policy action, […]

April28, 2023/CSL Research This Day newspaper reports that the National Economic Council (NEC) has advised that plans to remove the long-standing fuel subsidy be put on hold pending the conclusion of all preparatory plans with various segments of government and the incoming administration. The Minister of Finance, Budget and National […]