economy

economy

IMF warns about financial fragilities before monetary easing

IMF warns about financial fragilities before monetary easing

Africa-Press - Eritrea. The International Monetary Fund (IMF) on Tuesday warned about financial fragilities in the global economy before central banks start easing monetary...
Oil down with US stockpile build signaling low demand

Oil down with US stockpile build signaling low demand

Africa-Press - Eritrea. Oil prices declined on Wednesday, with data indicating lower demand in the US, the world's biggest oil consumer, outweighing supply concerns...
IMF revises up 2024 global growth forecast to 3.2%

IMF revises up 2024 global growth forecast to 3.2%

Africa-Press - Eritrea. The International Monetary Fund on Tuesday revised its global economic growth forecast for 2024 upwards to 3.2%, 0.1 percentage point higher...
Half of world's most vulnerable face widening gap with wealthiest economies: World Bank

Half of world’s most vulnerable face widening gap with wealthiest economies: World Bank

Africa-Press - Eritrea. Half of the world’s 75 most vulnerable countries are facing a widening income gap with the wealthiest economies for the first...
Oil prices up over escalating Middle East tensions, strong demand indicators in China

Oil prices up over escalating Middle East tensions, strong demand indicators in China

Africa-Press - Eritrea. Oil prices rose on Tuesday amid unresolved tensions in the Middle East and better-than-expected economic data from China, the world’s largest...
IMF-World Bank spring meetings kick off in US capital

IMF-World Bank spring meetings kick off in US capital

Africa-Press - Eritrea. The Spring Meetings of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG) kicked...
Oil prices down with uncertainty over US Fed rate cut

Oil prices down with uncertainty over US Fed rate cut

Africa-Press - Eritrea. Oil prices declined on Monday amid uncertainty over the timing of the US Federal Reserve's (Fed) interest rate cuts and last...
Commodity prices fluctuate after Iran's military response to Israel

Commodity prices fluctuate after Iran’s military response to Israel

Africa-Press - Eritrea. Following rises in commodity markets, priced ease but fluctuated after the end of Iran's military response to Israel over the weekend.The...
Gender bias still roots in financial service access – survey

Gender bias still roots in financial service access – survey

Africa-Press - Eritrea. Women still perceive a slightly higher level of gender bias than men when accessing financial services such as loans, a new...
US import, export prices rise in March

US import, export prices rise in March

Africa-Press - Eritrea. US import and export prices rose in March on a monthly basis, according to data released Friday by the Labor Department's...