OPINION/EDITORIAL

Europe Must Address a Toxic Mix of High Inflation and Flagging Growth

(Photo: IMF Photos) October 24, 2022/IMFBlog Alfred Kammer Authorities must tighten macroeconomic policies to bring down inflation, while helping vulnerable households and viable firms cope with the energy crisis As Russia’s war in Ukraine takes a rising toll on Europe’s economies, growth is flagging across the continent, while inflation shows […]

Rising Interest Rates, Stronger US Dollar Hit World Economy

October 24, 2022/Fitch Ratings The Federal Reserve continues to act aggressively on interest rates, pushing the US dollar to historically high levels against several Fitch20 currencies. Given that other central banks are also tightening in response to rising inflation, government bond yields are rising to levels not seen in years, […]

FGN Targets More Power Sector Assets, Others for Privatisation

October 24, 2022/CSL Research According to a Punch News report, the Nigerian government has commenced the compilation of the list of assets to be either sold or monetized via a concession to part finance the budgeted N10.78trn deficit for the 2023 fiscal year. According to the report, sources at the […]