Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:29
IMF Touts $100 Billion for Poorest, Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-22 22:55
Zambian Currency and Eurobonds Rally on Bets of Debt Revamp Deal
Zambia’s currency and dollar bonds traded near multi-month highs, having chalked up double-digit gains so far this month
2023-06-22 17:59
Ghana Economy Expands 4.2% in First Quarter, Beats Estimates
Ghana’s economy grew faster than anticipated in the first quarter, driven by the services and agricultural sectors. Gross
2023-06-21 19:50
China Begins Nationwide Push to Reveal Hidden Government Debt
China has begun a fresh round of nationwide inspections to work out how much money local governments’ owe,
2023-06-21 19:27
Egypt Hikes Private-Sector Wages Again After Pound Devaluations
Egypt hiked the minimum wage for private-sector workers for the second time in six months, as a series
2023-06-20 17:19
Ghana Anticipates ‘Very Hard’ Talks on Eurobond Revamp
Ghana is anticipating “very hard” talks with eurobond holders in the coming months as it plans to reach
2023-06-19 06:26
Bangladesh Raises Interest Rates, Allows Free Float of Currency
Bangladesh’s central bank raised interest rates and said it will allow the currency to float freely, pledging to
2023-06-18 20:18
Melinda French Gates Says World Debt Woes Need Bold Action Now
Melinda French Gates is urging world leaders gathering in Paris this week to take bolder action to reform
2023-06-18 14:50
Canada’s Snap Retreat From China Bank Shows Divided World
A single Tweet alleging Communist Party interference was all it took for Canada to freeze ties with a
2023-06-17 19:26
Europe Faces an Inflation-Regime Reckoning Over Climate Goals
European central bankers’ price stability mission is on a collision course with the goal of combating climate change,
2023-06-17 13:17
Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy
Federal Reserve Governor Christopher Waller said it’s not clear that recent banking strains will lead to significantly tighter
2023-06-16 21:29