world economy

UI Commencement Speech: Every Challenge Holds an Opportunity to Prosper

kinfsley Obiora explains why Central Banks around the world launched aggressive interest rate increases

Covid-19 Challenge, Oil Market and the World Economy

By Mohammed Sanusi Barkindo Distinguished Delegates and Colleagues, Good morning and welcome to this 133rd…

Coronavirus: 90 countries seek emergency funds – IMF

More than 90 countries have asked the International Monetary Fund (IMF) for emergency funding as…

IMF projects slow global economic growth in 2019

The International Monetary Fund (IMF), has projected a slowdown in growth for 70 per cent…

World in turmoil: Oil prices tumble further, stocks stumble

(Reuters)Turbulence tore through global markets on Thursday as investors sought the safety of Japanese yen,…

News Insight: US rate hike will hurt world’s fragile economy

The decision of the U.S. Federal Reserve to raise interest rates by a quarter-point to…

Low crude prices hurt global economy: Bloomberg

Remember when the oil price plunge was going to be a huge economic tailwind? As…

IMF backs low oil prices, says it will spur growth

The fall in oil prices to their lowest levels in more than three years should…