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Watch as Mahama gets an audience rolling with 'side-chick economics' explanation
1+ hour, 25+ min ago (35+ words) President John Dramani Mahama got the crowd roaring with laughter at the Kwahu Business Forum when he described what he said is how government contract payments boost the economy, usually through the contractors' side chicks....
A year after Liberation Day, a think tank grades how Trump's tariff promises have held up
2+ day, 6+ hour ago (651+ words) Trump unveiled his sweeping tariff regime one year ago on "Liberation Day." The Tax Foundation, a non-partisan think tank, took a retrospective look at Trump's Liberation Day claims. Tariffs generated revenue for the government, but less than projected, the think…...
Stagnant Sinchon Gets Revival Plan: 50,000-Pyeong Rail Site to Become 'Mini Silicon Valley"
20+ hour, 49+ min ago (585+ words) Stagnant Sinchon Gets Revival Plan: 50,000-Pyeong Rail Site to Become 'Mini Silicon Valley'Seoul Economic Daily " Capital Region Urban Regeneration Accelerates: The underground rerouting of the Gyeongui Line will free up approximately 50,000 pyeong (about 165,000 square meters) of idle land around Sinchon,…...
IMF urges Bank of Japan to keep raising rates
30+ min ago (417+ words) TOKYO: The International Monetary Fund urged the Bank of Japan to continue raising interest rates, even as the Middle East war posed "significant new risks" to the country's economic outlook. The proposal comes amid market expectations the BOJ will raise…...
GBP/JPY settles above 3 1/2-week low, posts weekly loss
10+ hour, 43+ min ago (178+ words) The GBP/JPY currency pair settled above recent low of 209.62, its weakest level since March 5th. The Sterling drew certain support from market expectations that the Bank of England will likely deliver two interest rate hikes in 2026. Those expectations are being…...
US frees up billions for banks while quietly admitting SVB’s core failure never went away
4+ hour, 41+ min ago (801+ words) The Federal Reserve estimated that roughly $20 billion in capital could be released for the eight largest banks alone. Former Fed Vice Chair for Supervision Michael Barr put the figure even higher, warning the total could reach $60 billion once all related…...
‘Collision of forces’ inching US near ‘recession’ of historic proportions: researcher
1+ hour, 52+ min ago (320+ words) Writer, researcher and columnist John Mac Ghionn issued a dire warning Saturday that the United States was not only inching towards a recession, but one so severe that it may go on to "redefine the word retroactively." "[British historian] Niall…...
Canada Fixed Mortgage Rates Increase as Middle East Oil Shock Hits Borrowers
1+ hour, 17+ min ago (530+ words) Canada fixed mortgage rates increase as lenders move pricing higher in step with the latest oil shock. Canadian lenders have raised fixed mortgage offers significantly since mid-March, while bond yields stay elevated in the wake of the continuing war in…...
$2.6Bn Mining FDI Proof Of Tinubu’s Strategic Reforms -Group
1+ hour, 17+ min ago (489+ words) Oil Windfall: IMPI Faults NLC's Call For Wage Awards, Improved Allowance Group under the aegis of Tinubu Stakeholders Forum (TSF) has welcomed reports that Nigeria has attracted over $2.6 billion in foreign direct investment (FDI) into the mining sector in the…...
Markets wobble amid investor panic: Wells Fargo CEO says Main Street unmoved
6+ hour, 43+ min ago (405+ words) Wells Fargo's chief executive says the U.S. economy is holding up even as oil prices surge and geopolitical tensions in the Middle East push markets into a jittery state. The comments, made on Tuesday, highlight a widening gulf between financial-market volatility…...