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Latest Articles
Cape Verde Economic Growth Remains Robust
1+ hour, 3+ min ago (134+ words) The economy of Cape Verde advanced by 6.5% year-on-year in Q1 2026, sustaining robust growth after an upwardly revised 7.3% expansion in the previous period. Key contributors included fishing and aquaculture (48.2% vs -6.9% in Q4 2025), trade and repair services (7.3% vs 3.3%), financial and insurance activities (17.2% vs 15.6%), real…...
Wall St futures edge up with earnings in focus; PayPal jumps
4+ min ago (452+ words) July 15 (Reuters) – U.S. stock index futures edged higher as investors braced for a fresh wave of corporate earnings as well as producer inflation data due later Wednesday, while PayPal shares surged after reports of a $53 billion takeover offer. Major U....
16 Nobel Laureates Warn: AI Transformation Will Far Outpace Industrial Revolution, Society Has Only Years to Adapt — BigGo Finance
1+ hour, 18+ min ago (509+ words) A rare joint warning from the world's top economists and technology leaders is pushing the debate over artificial intelligence's impact on employment to a new level. The statement, coordinated by the Stanford Digital Economy Lab, contains just 88 words in English,…...
Namibia's Fixed Currency Peg Leaves Limited Room for Independent Monetary Policy: IMF | Other
3+ hour, 18+ min ago (299+ words) The IMF finds that changes in South Africa's policy rate are transmitted almost completely to Namibian lending rates within one month, making the SARB the primary driver of borrowing costs. By contrast, changes in the Bank of Namibia's own repo…...
FG inaugurates advisory committee to deepen economic reforms
11+ hour, 20+ min ago (1111+ words) The Federal Government on Tuesday inaugurated a Ministerial Advisory Committee to provide independent, evidence-based reviews of its economic reforms as it seeks to convert recent policy changes into tangible benefits for Nigerians. Speaking at the inauguration of the committee at…...
CBN Targets N600 Billion in High-Yield Treasury Bills Auction
32+ min ago (385+ words) The CBN targets NGN 600 billion in a high-yield Treasury Bills auction, signaling aggressive liquidity mopping amid domestic borrowing drives. The Central Bank of Nigeria (CBN) has initiated a massive liquidity mop-up operation, targeting NGN 600 billion (KES 47.3 billion) in its latest…...
Gold's Big Rally Is Already Over — Here's Why Oil Is to Blame
6+ min ago (458+ words) Gold prices dropped on Thursday as concerns over rising oil prices pushed investors to reconsider how soon the Federal Reserve might cut — or even raise — interest rates. At around 4:41 AM ET, gold spot prices fell 0.63% to $4,027.31 an ounce. Gold futures…...
Next Israel government must halt rise in debt burden, central bank chief says
21+ min ago (442+ words) JERUSALEM, July 15 (Reuters) - Whoever wins the election in Israel later this year must rein in defence-led state spending that has grown in recent years and invest more in education, infrastructure and other growth engines, Bank of Israel Governor Amir Yaron…...
Bailey rejects deregulation push as BoE defends financial stability over higher bank profits
8+ min ago (598+ words) Governor says cutting red tape alone will not deliver growth, but signals openness to simplifying rules as debate over City regulation intensifies. Bank of England Governor Andrew Bailey has pushed back against calls for sweeping deregulation of Britain’s financial sector,…...
403 - Operations too frequent
4+ hour, 21+ min ago (26+ words) Cooling U.S. inflation weighed on the dollar, while the yen found support from expectations of intervention, keeping USD/JPY fluctuating around the 162 level. Moomoo...