economy
The projected inflation rate for 2024 has been revised upwards to 3.70 percent
The main drivers of the CPI increase were the rising costs of shelter (up 0.4 percent) and gasoline (up 2.8 percent)
An Education Task Force will be also established to promote cooperation in higher education
Goods trade deficit decreased to $22.94 million, down from the previous year's $113.83 million
Potential shocks to agriculture, global food prices and oil production remain a risk to Nigeria's growth
The country achieved its most rapid economic growth in more than two years
Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones
The "Acredita" program helps provide microcredit to CadUnico registrants, enabling access to social programs like Bolsa Familia
Median house price jumps to seven-month high, rising 7.4 percent YoY in Q1
Tourism boosts country’s economy, but lower exports and consumption weigh on growth
Dollar-yen exchange rate hits 34-year peak as investors monitor Japan’s currency support measures
The dollar climbed to 154.85 yen, its highest point since the middle of 1990
The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent
Food prices remained unchanged at 5 percent in March compared to February
UNCTAD forecasts 2.6 percent global economic growth in 2024, warns of urgent issues beyond inflation
This marks the third straight year of growth below the pre-pandemic average of 3.2 percent from 2015-2019
Eurobond debt now accounts for 44 percent of Africa's total debt
WBG's leveraging capability enables 6-8x multiplication of hybrid capital and guarantee platform funds over 10 years
SCZONE inked 14 agreements with major Chinese companies to boost investment
Brent crude futures declined to $86.62 per barrel, WTI crude futures dropping to $82.51 per barrel
This represents a key condition for Egypt's $8 billion loan program signed with the IMF
Labor market changes could primarily stem from reduced hiring rather than sudden rise in terminations
The Managing Director highlighted concerns over the country's property crisis, called for domestic growth strategies
Fiscal stimulus in China aims to buy time for the implementation of longer-term policies
The report predicts an 18.1 percent average annual headline inflation rate
