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12 Dec 16
Venezuela’s largest bank note will be pulled from circulation this week in a surprise move announced by the country’s president Nicolas Maduro yesterday.
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8 Dec 16
India’s central bank has defended the government’s decision to pull two high denomination rupee notes out of circulation, a move that sent the country into disarray.
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8 Dec 16
It has been an “exceptionally weak” year for sub-Saharan African growth, according to ratings agency Fitch, with an economic expansion of just 0.9% expected be registered in 2016.
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7 Dec 16
Strengthening trade links and attracting foreign direct investment will contribute to Asia and the Pacific’s growth, and help improve resilience to emerging protectionism, according to the...
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5 Dec 16
Venezuela is to introduce a new bank note worth 200 times its current, highest denomination in a bid to ease transactions in its rapidly inflating economy.
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1 Dec 16
Ratings agency Fitch has applauded oil cartel OPEC’s deal to cut production for the first time since the financial crisis as a big step towards stabilising depressed prices, but only if producers can...
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28 Nov 16
Demonstrating that the UK aid agency’s private sector arm makes a difference to the poorest people remains a “significant challenge”, the country’s National Audit Office has concluded.
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25 Nov 16
Two pervasive “mega volatilities” are set to throw emerging market government finances into cyclical disarray for years to come, global economics expert Nenad Pacek has told delegates at...
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21 Nov 16
Nigeria’s economy has remained firmly in recession in the third quarter of the year, the country’s National Bureau of Statistics has announced.
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18 Nov 16
Hungary will have the lowest corporate tax rate in the European Union from January under plans announced by prime minister Viktor Orban.
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14 Nov 16
Since taking office last year, Argentinean president Mauricio Macri has rocked the long-time socialist country with sweeping pro-market and for some, painful reforms. Where do his plans stand almost...
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10 Nov 16
South African president Jacob Zuma is facing his second no confidence vote of the year after a report levelled further suspicions of corruption against him last week.
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9 Nov 16
Thousands of public sector workers have stormed Rio de Janeiro’s state assembly to protest against austerity plans imposed to try to deal with its financial crisis.
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9 Nov 16
The Indian government withdrew 500 and 1000 rupee notes from circulation overnight in a surprise move aimed at curbing a booming economy in untaxed, black market cash.
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8 Nov 16
Brazil’s federal government has frozen the accounts of the financially imperilled state of Rio de Janeiro and ordered it to repay millions of dollars in arrears.
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7 Nov 16
The Turkish lira’s value plummeted to record lows on Friday amid a renewed crackdown on the country’s main pro-Kurdish party.
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4 Nov 16
India has set the rates for a goods and services tax system that could see a single market in the country for the first time since it achieved independence.
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3 Nov 16
The African Development Bank has approved a $600m loan in a bid to plug Nigeria’s gaping $7bn budget deficit.
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2 Nov 16
The global economy is to grow at its slowest annual rate in 2016 since the recession in 2009, according to the UK’s National Institute of Economic and Social Research.
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25 Oct 16
Pakistan must “forcefully address” further economic reforms to drive higher living standards, International Monetary Fund managing director Christine Lagarde has said.
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14 Oct 16
Natural disasters pose the greatest risk to cities in an increasingly urbanised world, and could cost $314bn worldwide each year by 2030, the World Bank has warned.
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10 Oct 16
The global monetary system is ill-equipped to handle today’s key challenges, a panel of Asian economists has warned.
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7 Oct 16
Asia remains the brightest spot in the world economy but must tread with caution as various risks threaten to throw it off course, the International Monetary Fund has said.
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6 Oct 16
The world’s “unprecedented” and “unsustainable” $152tn debt mountain must be urgently tackled before it triggers another, deeper global economic crisis, the International Monetary Fund has stressed.
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5 Oct 16
Nigerian president Mohammadu Buhari is planning to outdo his government’s record 2016 spending next year, according to budget proposals sent to the country’s parliament for approval.
12 Dec 16Venezuela’s largest bank note will be pulled from circulation this week in a surprise move announced by the country’s president Nicolas Maduro yesterday.
8 Dec 16India’s central bank has defended the government’s decision to pull two high denomination rupee notes out of circulation, a move that sent the country into disarray.
8 Dec 16It has been an “exceptionally weak” year for sub-Saharan African growth, according to ratings agency Fitch, with an economic expansion of just 0.9% expected be registered in 2016.
7 Dec 16Strengthening trade links and attracting foreign direct investment will contribute to Asia and the Pacific’s growth, and help improve resilience to emerging protectionism, according to the...
1 Dec 16Ratings agency Fitch has applauded oil cartel OPEC’s deal to cut production for the first time since the financial crisis as a big step towards stabilising depressed prices, but only if producers can...
28 Nov 16Demonstrating that the UK aid agency’s private sector arm makes a difference to the poorest people remains a “significant challenge”, the country’s National Audit Office has concluded.
25 Nov 16Two pervasive “mega volatilities” are set to throw emerging market government finances into cyclical disarray for years to come, global economics expert Nenad Pacek has told delegates at...
21 Nov 16Nigeria’s economy has remained firmly in recession in the third quarter of the year, the country’s National Bureau of Statistics has announced.
18 Nov 16Hungary will have the lowest corporate tax rate in the European Union from January under plans announced by prime minister Viktor Orban.
14 Nov 16Since taking office last year, Argentinean president Mauricio Macri has rocked the long-time socialist country with sweeping pro-market and for some, painful reforms. Where do his plans stand almost...
10 Nov 16South African president Jacob Zuma is facing his second no confidence vote of the year after a report levelled further suspicions of corruption against him last week.
9 Nov 16Thousands of public sector workers have stormed Rio de Janeiro’s state assembly to protest against austerity plans imposed to try to deal with its financial crisis.
7 Nov 16The Turkish lira’s value plummeted to record lows on Friday amid a renewed crackdown on the country’s main pro-Kurdish party.
4 Nov 16India has set the rates for a goods and services tax system that could see a single market in the country for the first time since it achieved independence.
2 Nov 16The global economy is to grow at its slowest annual rate in 2016 since the recession in 2009, according to the UK’s National Institute of Economic and Social Research.
25 Oct 16Pakistan must “forcefully address” further economic reforms to drive higher living standards, International Monetary Fund managing director Christine Lagarde has said.
14 Oct 16Natural disasters pose the greatest risk to cities in an increasingly urbanised world, and could cost $314bn worldwide each year by 2030, the World Bank has warned.
10 Oct 16The global monetary system is ill-equipped to handle today’s key challenges, a panel of Asian economists has warned.
7 Oct 16Asia remains the brightest spot in the world economy but must tread with caution as various risks threaten to throw it off course, the International Monetary Fund has said.
6 Oct 16The world’s “unprecedented” and “unsustainable” $152tn debt mountain must be urgently tackled before it triggers another, deeper global economic crisis, the International Monetary Fund has stressed.
5 Oct 16Nigerian president Mohammadu Buhari is planning to outdo his government’s record 2016 spending next year, according to budget proposals sent to the country’s parliament for approval.
