Economy

155 Articles
Economy

U.S. Retail Sales Increase, Indicating Continued Consumer Confidence

The U.S. retail sector has demonstrated notable resilience, with consumer spending continuing to drive economic growth despite various challenges. In March 2025, retail...

EconomyPolitics

Turkey’s Economic Recovery Faces Setbacks Amid Political Turmoil

Turkey’s economic recovery has encountered significant setbacks amid escalating political turmoil following the arrest of Istanbul Mayor Ekrem İmamoğlu, a prominent opposition figure...

Economy

Oil Prices Fluctuate Due to Middle East Tensions and Supply Concerns

Oil prices have experienced significant fluctuations in recent weeks, primarily driven by escalating tensions in the Middle East and concerns over global supply...

Economy

Côte d’Ivoire Launches West Africa’s First Commodities Exchange

Côte d’Ivoire has inaugurated the Agricultural Commodities Exchange (BMPA), marking a significant advancement in the modernization of regional trade. This exchange, launched on...

Economy

Nigeria Launches AfCFTA Air Corridor to Boost Trade

Nigeria has inaugurated an air cargo corridor under the African Continental Free Trade Area (AfCFTA), connecting Nigerian exporters to key African markets—Kenya, Uganda,...

Economy

U.S. Trade Deficit Narrows, Suggesting Potential Economic Resilience

The United States witnessed a significant narrowing of its trade deficit, suggesting potential economic resilience. The trade gap contracted by a record 55.5%...

Economy

Legislators Debate Economic Recovery Plans Amid Rising Inflation

The U.S. economy is grappling with inflation rates that have reached levels not seen in decades, prompting policymakers to reassess strategies to stimulate...

Economy

African Development Bank Elects New President Amid Funding Challenges

Sidi Ould Tah, a seasoned Mauritanian economist, has been elected as the ninth president of the African Development Bank (AfDB), succeeding Nigeria’s Akinwumi...

Economy

China’s Economic Growth Slows, Raising Global Economic Concerns

China’s economic growth has experienced a notable slowdown in 2025, raising concerns about its impact on the global economy. The Organisation for Economic...

Economy

Economic Forecasts Shift: Nations Prepare for Potential Market Instabilities

In 2025, the global economic landscape has been significantly influenced by escalating trade tensions and policy shifts, leading nations to brace for potential...