BUSINESS
The US role in the global financial system is changing – here’s how it could affect the world’s economy
The last-minute resolution of the US debt ceiling crisis recently has led to a collective sigh of relief in global financial markets. But the...
BUSINESS
Nigeria’s fuel subsidy is gone. It’s time to spend the money in ways that benefit the poor
As anticipated, Nigeria’s new president Bola Ahmed Tinubu has jettisoned the fuel subsidy, which is estimated to cost the Nigerian treasury about US$10 billion...
BUSINESS
Arms-to-Russia row raises doubt about South Africa’s compliance with arms control. It could face tougher scrutiny in future
The recent furore over accusations by the US ambassador to South Africa, Reuben Brigety, that South Africa was supplying arms to Russia despite its...
BUSINESS
War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency — and be a serious contender...
The Chinese economy’s sheer size and rapid growth are impressive.China maintained one of the highest economic growth rates in the world for more than...
BUSINESS
Tinubu inherits Nigeria’s high debt – an economist analyses what this means for the country’s future
As the 16th president of Nigeria, Bola Ahmed Tinubu inherits an economy that is grappling with inflation, chronic unemployment, extreme poverty, crumbling infrastructure and...
BUSINESS
UK PM Sunak visits Washington to strengthen ties, watch baseball – having already struck out on trade deal
Alongside meetings with President Joe Biden, U.S. business leaders and members of Congress, U.K. Prime Minister Rishi Sunak will take in a baseball game...
BUSINESS
Labor plans to stamp out the exploitation of migrant workers, but it won’t succeed until we treat it like tax avoidance
The exploitation of migrants is widespread in Australia. Our recent report for the Grattan Institute, Short-changed, found that as many as one in six...
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