February 28, 2023/FBNQuest According to the CBN’s latest monthly economic report for Nov ’22, the provisional value of Nigeria’s total merchandise trade decreased by c.-7% m/m and around -22% y/y to USD8.7bn. The m/m decrease was driven by an -8% m/m and -6% m/m reduction in the value of merchandise […]
OPINION/EDITORIAL
Oil Prices On Course For A Fourth Consecutive Monthly Loss
February 28, 2023/OilPrice.com Michael Kern Editor, Oilprice.com Chart of the Week – After Europe suffered its worst drought in 500 years last summer, early indications point towards the same scenario (if not worse) happening once again in 2023. – France’s nuclear woes might continue as water available to cool […]
In Major Economic Shocks, Best Response Combines All-Out, Large-Scale Policies
(Credit: fotoVoyager/iStock by Getty Images) February 27, 2023/IMFBlog By Divya Kirti, Maria Soledad Martinez Peria, Prachi Mishra, and Jan Strasky Economists will be studying the pandemic for generations to learn from the dramatic global downturn and the ensuing credit crunch, but one important lesson about the scope of action needed to contain the […]
