Developing Economies Developing Economies in the world are characterised by change that is very slow as they struggle with low gross national product (GNP) and low per capita income. These economies deal with the burdens of large, relatively unskilled populations and high international debt. Many countries in the Middle East, Central and South America and […]
Bob Geldof’s Band Aid: Thanks but Africa‘s Image is Sagging
Enough is enough. Another ‘We are the World for Africa’ or ‘Live Aid’ jamboree courtesy of the singer turned humanitarian activist, Bob Geldof to commemorate thirty years of Ethiopian famine. Thirty years ago, before Nelson Mandela became the first black president of South, before Nigeria became the largest economy in Africa, even before the current […]
Naira’s Dithering: Nollywood and Agriculture can aid ebbing Nigerian Currency
Naira the fickle currency of Nigeria is quite sensitive to the depressing oil price in the international market. Nigeria receives 75-80 percent of her foreign exchange from the export of crude oil. So once there are any negative changes or disruptions in the price of oil, it does adversely affect Naira and thereby reduces the […]
IMF: Tunisia positive economic outlook
In its latest report on regional economic outlook, published October 27, 2014, the International Monetary Fund has a positive statement declining a number of positive trends in the countries of North Africa, including Tunisia. Also, a gradual improvement was recorded in exports, tourism and foreign direct investment (FDI). This improvement is justified according to the […]
Greenwood Trading – Abe’s Tax Decision Looming
Greenwood Trading: Japan’s Prime Minister must weigh a chance to end deflation against securing welfare benefits for Japan’s next generation. Greenwood Trading have reported that Japan’s Prime Minister, Shinzo Abe says he may be forced to delay a planned increase in his country’s sales tax if it would inflict excessive damage on its economy. The […]
Cardinal Trading: Global Economy Heading South Again
Cardinal Trading: Slowing growth in Europe, China and a cooling of the US economic recovery is fueling a flight to safety. Cardinal Trading: Conflicting economic data emerging from the US, slowing growth in China and a Eurozone flirting with a deflationary spiral point to a tough time a head for the world’s economic fortunes. Chief […]
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