Fed Chair nominee Warsh commits to independence, with limits
WASHINGTON, April 20 (Reuters) – U.S. President Donald Trump’s nominee to become chair of the Federal Reserve will…
Zimbabwe says its currency is deeply undervalued
Zimbabwe’s central bank governor says the country’s currency is significantly undervalued, arguing that its true value is closer…
Russians Trade Down to Cheaper Food as Incomes Come Under Pressure
Russian consumers are increasingly switching to cheaper food products as real incomes come under pressure and households look…
UK Inflation Set to Jump to 3.3% as Iran War Hits Petrol, Airfares, and Rent
Inflation is expected to jump to 3.3 per cent as the first effects of the war in Iran…
Kenya banks face high bad loans despite rate cuts and economic recovery
Figures from the Central Bank of Kenya show that non-performing loans stood at about 15.6% in March 2026.…
Firms’ outlooks were improving before Iran war: BoC survey
OTTAWA — Businesses are beginning to face higher costs related to the war in the Middle East, the…
Travel receipts surge but data is incomplete
[File photo] Greece recorded a more than 80% year-on-year rise in travel receipts in February, leading to a…
‘Hormuz moment’ could herald decline of US dominance: Citic Securities analysts
With global attention fixed on the US and Iranian shipping blockades in the Strait of Hormuz and how…
UAE officials warned they may be forced to use yuan or other currencies if they run low on dollars
The United Arab Emirates apparently dropped a hint the dollar’s dominance isn’t assured in the global oil trade…
Japan’s demand for cement keeps falling as construction stalls
Japan’s demand for cement, a key component of concrete, shows little sign of bottoming out. According to the…
Aliko Dangote refinery squeezed as Nigeria exports crude
Africa’s largest crude producer, shipped 55.39 million barrels of oil out of the country in January and February,…
Petrol and diesel drivers finally see cheaper fuel costs as savings ‘ought to accelerate this week’
Experts have suggested that petrol and diesel drivers could soon see a significant drop in fuel prices despite…