Review of nine African 'blue economy' projects shows what works and what doesn't

Aug 14, 2020 15:53 pm UTC| Economy

Africa has 38 coastal countries and six islands whose maritime industry is estimated to be worth US$1 trillion per year. This figure will increase as they develop their offshore hydrocarbon, energy, tourism, maritime...

Turkey's collapsing lira: government is running out of options for embattled currency

Aug 14, 2020 15:52 pm UTC| Economy

The Turkish lira hit its weakest ever level against the US dollar on August 7, trading at 7.36 at one point, having lost nearly 20% of its value since the beginning of the year. It comes almost two years to the day since...

Small businesses are being starved of funds: here's how to make their loans cheaper

Aug 14, 2020 15:49 pm UTC| Economy

The government has widely touted its support for small businesses most notably the provision of loans subsidised by the Reserve Bank. In its economic update on Friday the Reserve Bank talked up its low-cost Term...

As demand for crisis housing soars, surely we can tap into COVID-19 vacancies

Aug 14, 2020 15:44 pm UTC| Economy

There is a crisis within crisis accommodation. Homelessness providers struggle to meet womens requests for accommodation under usual circumstances. During COVID-19 lockdowns the dramatic increase in domestic abuse has put...

Global business travel will not be killed off by coronavirus – new research

Aug 14, 2020 15:26 pm UTC| Economy

Global business travel has largely ground to a halt during the pandemic. Experts have been raising the alarm that this is the death of business travel as we know it, arguing that it will be a long time before the virus is...

US under Trump Series

The US economy is reliant on consumer spending – can it survive a pandemic?

Aug 14, 2020 15:21 pm UTC| Economy

The COVID-19 pandemic has radically affected the American economy, reducing spending by American households on materials goods, air travel, leisure activities as well as the use of automobiles. As a result, greenhouse gas...

U.S. retail sales growth slows down slightly in July

Aug 14, 2020 14:43 pm UTC| Commentary Economy

U.S. retail sales growth decelerated in July. Sales grew 1.2 percent, slowing down from the 8.4 percent growth in June. Consensus expectations were for a growth of 1.9 percent. The volatile categories recorded mixed...