economics

Brazil’s Central Bank Raises Interest Rates by 100 Basis Points and Signals Smaller Hikes Ahead

Lila Patel March 19, 2025 0

Brazil's central bank has raised interest rates by 100 basis points for the third time, raising the Selic rate to...

Bolivia Faces Major Fuel Shortage Amidst Growing Public Concern

Sofia Ibrahim March 19, 2025 0

Bolivia is experiencing a significant fuel shortage affecting transportation. The government is actively addressing distribution challenges and seeking additional supplies....

Morocco Aims to Reduce Budget Deficit Below 67% by 2027

Lila Patel March 19, 2025 0

Morocco aims to reduce its budget deficit below 67% by 2027, focusing on sustainable debt management and strong social protection...

Argentina Protests Highlight Economic Discontent Amid U.S. Consumer Confidence Decline

Elena Morales March 19, 2025 0

Argentina recently witnessed protests against economic policies, driven by frustrations over inflation and living costs. The situation reflects broader economic...

Declining Consumer Confidence Threatens U.S. Economic Stability

Sofia Ibrahim March 19, 2025 0

The U.S. consumer confidence has fallen by 10.5% recently, raising alarms about its impact on economic growth. Economists warn that...

Global Coffee Markets Face Challenges Amid Brazil’s Weather and Currency Fluctuations

Elena Morales March 19, 2025 0

The global coffee market is navigating supply constraints due to adverse weather and a strengthening Brazilian real. Forecasts signal potential...

Importance of Budget Measures for Private Sector Growth in Ghana

Jasper Nguyen March 19, 2025 0

In a recent statement, PwC Ghana emphasized the need for the government to effectively implement budget measures to support private...

Kenya’s Treasury to Continue Borrowing Amid Rising Debt Concerns

Lila Patel March 19, 2025 0

Despite a debt of Sh11.2 trillion, Kenya's National Treasury will continue borrowing to sustain government operations, according to Cabinet Secretary...