Economics

Report: Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert

The Nigerian Debt Management Office (DMO) contravened the law when… More…

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Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to … More…

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Bitcoin Nears $21,000 Level, Rallies 24% In Last Seven Days Post-FTX Mess

Bitcoin is showing some renewed energy. As of writing, the top cryptocurrency… More…

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JPMorgan CEO Jamie Dimon on US Economy: ‘I Shouldn’t Ever Use the Word Hurricane’

JPMorgan Chase CEO Jamie Dimon says he “shouldn’t ever… More…

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World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

On Jan. 10, 2023, the World Bank published its Global Economic Prospects… More…

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Report: Nigeria to Stop Cash Withdrawals From Government Accounts

From the start of March, Nigerian public officials will be barred … More…

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Mexican CBDC Unlikely to Be Ready by 2024

The Mexican central bank digital currency (CBDC), the digital peso,… More…

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Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

During the last month, Russia’s ruble has dropped 16.48% against … More…

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Macroeconomic data points toward intensifying pain for crypto investors in 2023

Chances of a crypto bull market in 2023 decrease as the Fed maintains… More…

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Germany’s 2022 Inflation Rate the Worst in More Than 30 Years

In a year that was characterized by surging energy and food prices,… More…

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