OPINION/EDITORIAL

Where Are the World’s Fastest Roads?

(Photo: poliki/Adobe Stock) June 15, 2022/IMFBlog By Mariano Moszoro and Mauricio Soto High-speed roads that can carry goods to customers in far-off markets raise productivity, reduce poverty and are an important contributor to sustainable and inclusive economic development. This is why economists spend time trying to assess the state of […]

Pressure on Exchange Rate from the Aviation Sector Remains Unabated

June 15, 2022/CSL Research The Naira has remained under huge pressure against the greenback owing mainly to the import-dependent structure of the Nigerian economy. While Agriculture, Mining and Oil & Gas sectors attract the largest share of dollar inflows, other sectors such as Aviation remain import driven as the absence […]

Oil Supply Fears Mount As OPEC Underperforms

June 14, 2022/OilPrice.com Chart of the Week – As national average gasoline prices have surpassed the $5 per US gallon mark for the first time in history, the market is set for further tightness after ten consecutive weeks of inventory declines.  – With US gasoline demand increasing to 9.2 million […]