[ad_1] Experts said the country would, in 2024, bounce back if the government is willing to fix the foreign exchange (FX) crisis and stabilise the economy. They said 2023 was…
Tag: crisis
Red Sea crisis poses risk to interest rates, warns Bank of England
[ad_1] A surge in shipping prices triggered by chaos in the Red Sea poses a threat to interest rates, the Governor of the Bank of England has warned. Andrew Bailey…
Opposition party wins Bhutan election amid economic crisis in Himalayan kingdom
[ad_1] THIMPHU, Bhutan — The People’s Democratic Party won the most seats in Bhutan’s parliamentary elections Tuesday and will form the new government as residents hope politicians make good on promises to…
Red Sea crisis poses a fresh inflation headache for the UK
[ad_1] “European countries are importing more oil from the Gulf states and elsewhere to offset the loss of Russian oil exports,” says James Swanston, a Middle East expert at Capital…
How the 2023 Bank Crisis Can Still Be Felt in 2024
[ad_1] The Federal Reserve may be poised to loosen the reins on the economy with interest-rate cuts. But for now, banks are still keeping themselves on a relatively tight leash.…
Red Sea crisis boosts shipping costs, delays – and inflation worries
[ad_1] The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Attacks on ships…
Houthi rebels drag India into Red Sea crisis
[ad_1] A nother year in the 2020s starts with the possibility of maritime blockades and trade disruptions, this time via Houthi rebels attacking commercial ships in the lower Red Sea,…
Consulting firm McKinsey agrees to settlement over opioid crisis
[ad_1] Under the agreement, the consulting firm would establish a fund to reimburse insurers, private benefit plans and others for some or all of their prescription opioid costs. ADVERTISEMENT Consulting…
To avert another currency squeeze, financial crisis | The Guardian Nigeria News – Nigeria and World News
[ad_1] The pronouncement of the Supreme Court last week extending the validity of both the old and the new Nara notes as legal tender until further notice should provide some…