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Economy

13143 posts
EEconomy
Elon Musk's wealth is now double the GDP of his native South Africa as a trillionaire
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Elon Musk’s wealth is now double the GDP of his native South Africa as a trillionaire

  • June 12, 2026
Catapulted by the market debut of his rocket company SpaceX, Elon Musk could become the world’s first trillionaire by the end of…
EEconomy
What Elon Musk's trillion could mean: More than double South Africa's economy, over 200 trips to the moon
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What Elon Musk’s trillion could mean: More than double South Africa’s economy, over 200 trips to the moon

  • June 12, 2026
How do you measure a trillion dollars? Start with the zeroes. A trillion is written as $1,000,000,000,000 —…
EEconomy
The biggest deals behind Africa's strongest quarter in four years
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The biggest deals behind Africa’s strongest quarter in four years

  • June 12, 2026
Africa’s Mergers and Acquisitions (M&A) market started the year with its strongest first quarter in four years, as…
EEconomy
Spain March preliminary CPI +3.3% vs +3.7% y/y expected
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Spanish inflation picks up in May, core prices also continue to nudge higher

  • June 12, 2026
CPI +3.2% vs +3.2% y/y prelimPrior +3.2%HICP +3.6% vs +3.6% y/y prelimPrior +3.5%; revised to +3.6%Core CPI +3.0%…
EEconomy
PM Carney unveils plan to lower food costs. Here’s how it works. - CTV News
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PM Carney unveils plan to lower food costs. Here’s how it works. – CTV News

  • June 12, 2026
PM Carney unveils plan to lower food costs. Here’s how it works.  CTV NewsOttawa aims to cut grocery bills…
EEconomy
Consumption tax cut on groceries could do more harm than good
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Consumption tax cut on groceries could do more harm than good

  • June 12, 2026
Prime Minister Sanae Takaichi is pushing for a cut in the consumption tax on groceries to help Japanese…
EEconomy
Best Forex Brokers in 2025: Top 5 brokers to trade currencies
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United States Michigan Consumer Sentiment Index rises to 48.9 in June

  • June 12, 2026
Consumer confidence in the United States (US) improved slightly in June, with the University of Michigan’s (UoM) Consumer…
EEconomy
2 people and a woman holding a resume.
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Labour market flows in Q1 2026 – News articles

  • June 12, 2026
Between the fourth quarter of 2025 and the first quarter of 2026, 3 million unemployed people aged 15-74…
EEconomy
Despite Dangote's massive 700,000-bpd refinery, Africa still needs U.S. fuel to weather supply shocks
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Despite Dangote’s massive 700,000-bpd refinery, Africa still needs U.S. fuel to weather supply shocks

  • June 12, 2026
According to data from energy intelligence firms Vortexa and Kpler cited by Bloomberg, U.S. refiners have significantly…
EEconomy
ECB policymakers keep July hike on table
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ECB policymakers keep July hike on table

  • June 12, 2026
European Central Bank policymakers kept a follow-up rate hike in July on the table today given rapid inflation,…
EEconomy
95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll
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95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll

  • June 12, 2026
The global business appetite for China’s yuan is strengthening as Beijing’s long-term campaign to internationalise its currency gains…
EEconomy
Core inflation confirmed to have picked up in Germany during May
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Core inflation confirmed to have picked up in Germany during May

  • June 12, 2026
CPI +2.6% vs +2.6% y/y prelimPrior +2.9%HICP +2.7% vs +2.7% y/y prelimPrior +2.9%Core CPI +2.5% y/yPrior +2.3% No…
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