(Credit: Syldavia/iStock by Getty Images) December 6, 2024/IMFBlog By Ilan Goldfajn and Rodrigo Valdés Violent crime and insecurity have a disproportionate impact on Latin America and the Caribbean, with severe consequences for socioeconomic development. Despite representing just 8% of the world’s population, the region accounts for nearly one-third of global […]
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Nigerian Equities Close Week Bullish +0.7%, Buoyed by Huaxin Cement, SEPLAT, ACCESS
The Nigerian equities market closed the week on a positive note, largely driven by gains in WAPCO (+27.6%) – following the announcement of the proposed sale of the company’s majority stake to Huaxin Cement – SEPLAT (+7.6%), and ACCESSCORP (+6.9%). As a result, the All-Share Index (ASI) advanced by 0.7% […]
Oil Prices Under Pressure Despite OPEC+ Decision
December 6, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Despite OPEC+ postponing its planned production increases until 2025, oil prices remain under pressure due to demand uncertainty. In a widely anticipated move, OPEC+ postponed its planned supply increases by another quarter, now pledging to start unwinding output cuts from April 2025 onwards. […]
