economy
News on the global economies
Chrystia Freeland Quits as Canada’s Finance Minister Amid Tariff Dispute with Trudeau
Chrystia Freeland Resigns as Canada’s Finance Minister Amid Disputes with Trudeau Over Trump’s Tariff Threats, Economic Nationalism, and Cost-of-Living Relief Policies
Freeland Steps Down Over “Aggressive Economic Nationalism” Policy Dispute
Canada’s Finance Minister Chrystia Freeland has resigned, citing sharp disagreements … Continue Reading
CBN Declares Old Naira Notes to Remain Legal Tender Indefinitely
The CBN urged Nigerians to disregard rumors claiming the old Naira notes would cease to be legal tender by December 31, 2024. Mrs. Hakama reiterated that both old and redesigned notes should be accepted for all transactions and handled with
… Continue Reading
Nigeria Repays $1.22bn to IMF in Nine Months
Abuja, Nigeria – Nigeria has repaid $1.22 billion to the International Monetary Fund (IMF) over the course of nine months, according to external debt service reports from the Debt Management Office (DMO).
The payments were made as part of principal … Continue Reading
Trump Team Engages Biden, Ukraine Officials on Ending War with Russia
Trump Pushes for Immediate Ceasefire and Peace Talks With Biden, Ukraine Officials, as Ukraine War Nears Third Anniversary, but Critics Question Feasibility Amid Russian Gains and Complex Negotiations
President-elect Donald Trump’s national security team is actively exploring ways to end … Continue Reading
From Economic Turmoil to Historic Surplus: President Javier Milei Ends 123-Year Budget Deficit
How Javier Milei’s Bold Reforms Ended Argentina’s 123-Year Budget Deficit and Tamed Soaring Inflation
Argentina has achieved a historic milestone under President Javier Milei, ending its budget deficit for the first time in 123 years. Marking one year in … Continue Reading
UK Job Market Outlook 2025: Strong Demand for Tech, Healthcare, and Engineering Professionals
Skill Shortages in Technology, Healthcare, and Engineering Create Lucrative Opportunities Amid Rising Salaries and Intensifying Competition in the UK Job Market
The UK job market in 2025 is bracing for significant skill shortages, particularly in the technology, healthcare, and engineering … Continue Reading
Nigerians Transact N2tn Through USSD Codes in Just Six Months – New Report Reveals
USSD Transactions in Nigeria Surge in First Half of 2024 Amid Ongoing Debt Challenges
According to the Central Bank of Nigeria‘s recent electronic payment statistics, Unstructured Supplementary Service Data (USSD) codes facilitated an impressive 252.06 million transactions worth N2.19 … Continue Reading
Tokyo Embraces 4-Day Workweek to Boost Family Time And Combat Low Fertility Rates
Tokyo’s Bold Move, Introducing a 4-Day Workweek to Combat Declining Birth Rates, Support Working Parents, and Foster Better Work-Life Balance
In a groundbreaking move, Tokyo is set to introduce a four-day workweek for government employees. This initiative aims to tackle … Continue Reading
Kim Jong Un Rejects Revival of Trump-Era Talks: Tells Trump to “Screw Off”
Kim Jong Un Snubs Trump’s Call for Dialogue, Pointing to Failed Talks, U.S. Hostility, and North Korea’s Strengthened Alliance with Russia
North Korea Dismisses Revival of US Talks Under Trump’s Second Term
North Korean leader Kim Jong Un has made … Continue Reading
U.N. Secures Landmark $300 Billion Climate Deal for Developing Nations
Historic $300 Billion Climate Deal Aims to Support Vulnerable Nations, Replace Expiring Funding, and Accelerate Global Action by 2035
BAKU, AZERBAIJAN — After weeks of tense negotiations, the United Nations has brokered a groundbreaking $300 billion climate deal aimed at … Continue Reading