Global Inflation to Linger and Fed to Hike Again, OECD Says
(Bloomberg) — Inflation around the world will be faster than forecast in 2027, an outlook that necessitates more…
Economists Debate Diesel Export Ban While USDA Questions Ad-Hoc Relief
Along with the conflict in the Strait of Hormuz and Iran slowing the flow of oil, Benavidez said…
OECD says growth ‘resilient’ in 2026 despite Middle East war
The OECD group of industrialized countries on Wednesday lifted its global growth forecast for 2026 despite the war…
Arab News | Saudi Arabia’s economy to expand 4.1% in 2027: OECD
RIYADH: Saudi Arabia’s gross domestic product is projected to grow by 4.1 percent in 2027, outpacing both the…
OECD raises Korea’s 2026 growth forecast to 3.7%
Containers boudn for exports are stacked at a port in Pyeongtaek, Gyeonggi Province, Sept. 6. Yonhap The Organization…
Africa’s biggest economy wants to revive two inactive refineries but the bill is over $8 billion
The Central Energy Fund (CEF) said it plans to spend about $7.15 billion upgrading the Sapref refinery…
Consumer confidence in Türkiye hits over 8-year high
Consumer confidence in Türkiye reached its highest level in more than eight years in September, official data showed…
Trump says he would back ban on diesel exports as pump prices hit record – BBC
Trump says he would back ban on diesel exports as pump prices hit record BBCTrump says he backs diesel…
Hong Kong workforce to shrink by 20,000 yearly as key sectors face shortages
Hong Kong’s workforce is forecast to shrink by around 20,000 a year until 2028 despite measures to import…
Big Japan banks’ domestic loan share marks 1st sustained post-bubble rise
Finance Increase in lending margins, financing demand have MUFG, others looking inward The share of Japan’s national banks…
‘Winter is coming’: IMF head issues ‘warning’ over inflation and central bank tightening
The global economy has so far shrugged off $100 oil. It won’t forever. “Winter is coming,” Kristalina Georgieva,…
Global banks expect Africa’s biggest economy to hike rates tomorrow
….as inflation risks rise South Africa is expected to raise interest rates on Wednesday as renewed oil price…