10 years after Brexit: 7 prime ministers, a demographic slide, and a 6% GDP hit
A decade ago today, June 23rd, 2016, 52% of the British electorate voted to leave the European Union.…
Kremlin Assures Macroeconomic Stability Despite Volatility in Energy Markets
Kremlin spokesman Dmitry Peskov said Tuesday that Russia’s macroeconomic stability remains “absolutely secured,” even as volatility shakes global…
Africa’s largest oil reserve holder hits 12-year high as output reaches 1.49 million barrels a day
The National Oil Corporation said crude oil and condensate output rose to 1,487,723 barrels per day, putting…
US PMI set to reflect expanding business activity in June
S&P Global will release the June flash Purchasing Managers’ Indices (PMIs) for most major economies, with the United…
Eurozone business activity sees a slower downturn in June as price pressures cool slightly
Services PMI 48.9 vs 48.6 expectedPrior 47.7Manufacturing PMI 51.3 vs 51.6 expectedPrior 51.6Composite PMI 49.5 vs 49.1 expectedPrior…
UK June flash services PMI 48.7 vs 50.1 expected
Prior 49.3Manufacturing PMI 53.1 vs 53.5 expectedPrior 53.9Composite PMI 49.4 vs 50.6 expectedPrior 49.7 Key Findings: UK private…
Township commerce thrived long before democracy
From stokvels to informal trading, communities created alternative institutions that sustained entrepreneurship and economic mobility. South Africa’s contemporary…
ECB policymaker Lane sees signals pointing to price pressures in the coming months
I see signals pointing to price pressures in the coming monthsThe Middle East situation is fragile with risk…
French business downturn eases slightly in June, price pressures remain elevated
Services PMI 47.4 vs 46.0 expectedPrior 44.3Manufacturing PMI 50.7 vs 50.0 expectedPrior 49.7Composite PMI 47.6 vs 46.4 expectedPrior…
Germany’s flash Manufacturing PMI drops to 50.0 in June as expected
German preliminary HCOB Manufacturing Purchasing Managers’ Index (PMI) arrives lower at 50.0 in June, as expected, from 50.1…
Why South Korea’s AI chip boom is a ‘serious concern’ for its economy
South Korea’s AI-driven semiconductor boom has sent exports, corporate profits and stock prices to record highs, but a…
Highlands lead Scotland’s cash revolt as cashless support slumps
The survey of more than 1,000 Scots found just five per cent of people in the Highlands and…