Africa countries aren't borrowing too much: they're paying too much for debt
Feb 25, 2020 13:38 pm UTC| Insights & Views Economy
There is renewed concern about the sustainability of rising debt levels in many African countries. Much of this debt is being incurred through foreign currency denominated Eurobonds issued on international financial...
Nevada debate highlights: The dance of women leaders and limited economic opportunity
Feb 25, 2020 13:18 pm UTC| Insights & Views Economy
Editors note: Six Democratic candidates met on the debate stage in Las Vegas on Feb. 19, discussing health care, immigration, billionaires and economic equality as well as the name of the president of Mexico. We asked two...
African countries aren't getting as much as they should from foreign direct investment
Feb 25, 2020 12:58 pm UTC| Insights & Views Investing Economy
Economic growth is driven by a number of factors. These include foreign direct investment, national savings, household spending, fiscal and monetary policies. Since the late 1980s African governments have fully embraced...
German bunds rally after Q4 GDP disappoints investors; ECB’s Lagarde in focus
Feb 25, 2020 10:47 am UTC| Commentary Economy
The German bunds rallied during afternoon session of second first trading day of the week Tuesday after the countrys gross domestic product (GDP) for the fourth quarter of 2019, released today, disappointed market...
CNY unlikely to recover solidly given overnight risk-off sentiment, says Commerzbank
Feb 25, 2020 08:56 am UTC| Commentary Economy
Given the risk-off sentiment overnight, it is hard to expect to see a solid recovery in the Chinese yuan, after the currency touched lower due to somewhat improving virus headlines, according to the latest research report...
PBoC avows more rate cuts to offset coronavirus impact, says ANZ Research
Feb 25, 2020 08:08 am UTC| Commentary Central Banks Economy
The deputy governor of the Peoples Bank of China (PBoC), Chen Yulu, elaborated on recent monetary policy measures at a press conference held by the State Council on Monday, February 24. He outlined three measures to shore...
Surge in coronavirus cases fuels growth risks in South Korea, says Oxford Economics
Feb 25, 2020 07:26 am UTC| Commentary Economy
The coronavirus outbreak is expected to dampen South Koreas exports and industrial production due to weaker Chinese demand. This is mainly due to the lockdowns in several Chinese cities and delays in economic activity...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight