South Africa’s Ruling ANC Says Welfare-Grant Extension Non-Negotiable

[ad_1] South Africa’s ruling African National Congress, which is gearing up to contest elections later this year, said the extension of a monthly welfare grant is non-negotiable and the required…

Existential threats, elections, and economic policy

[ad_1] ‘As we enter 2024, results of the Forum’s Global Risks Perception Survey 2023-2024 (GRPS) highlight a predominantly negative outlook for the world over the short term that is expected…

Germany’s last major department store chain files for insolvency protection for the third time

[ad_1] Germany’s last remaining major department store chain has filed for insolvency protection, its third filing in less than four years, after its owner ran into difficulties January 9, 2024,…

German Business Expectations Fall, Dampening Hope of Rebound

[ad_1] German business expectations worsened for the first time since August, undermining hopes that a recovery in Europe’s biggest economy will take hold early next year. An expectations gauge by…

Janet Yellen says the Trump administration’s China policies left the US more vulnerable

[ad_1] WASHINGTON (AP) — Treasury Secretary Janet Yellen says former President Donald Trump ‘s policies toward China left America “more vulnerable and more isolated” in the global economy, a rare…

Nigeria Central Bank’s Opportunity to Woo Investors: Next Africa

[ad_1] Nigerian Central Bank’s Cardoso to Break Silence in First Major …  Bloomberg [ad_2] Source link

Commission makes recommendations to EU countries and reviews 2024 draft budget plans

[ad_1]   The Commission has launched the 2024 European Semester cycle. The European Semester is a yearly exercise that helps identify economic and social challenges in the EU, and policy responses…

Why the housing market is going from tough to terrible | CNN Business

[ad_1] Washington, DC CNN  —  Mortgage rates are nearing 8%. Prices have climbed for the past three months straight. And there were fewer homes on the market in September than…

China restricts exports of graphite as it escalates a global tech war | CNN Business

[ad_1] Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong…

Fed Chair Powell hints that soaring bond yields could mean end of rate hikes | CNN Business

[ad_1] Washington, DC CNN  —  Federal Reserve Chair Jerome Powell said Thursday that soaring bond yields could help the Fed slow the economy, further cooling inflation and the possibly signaling…