Economic growth
Nigeria's Vice President, Kashim Shettima, emphasized the significance of the administration's bold reforms in addressing the country's structural weaknesses, likening them to a "painful but necessary surgery" that will eventually lead to permanent recovery. Speaking at the 66th Annual Conference of the
Economic growth
Vice-President Kashim Shettima emphasized the significance of President Bola Tinubu's economic reforms, highlighting that they demonstrate the power of political will in driving policy change. Shettima made these remarks at the 66th Annual Conference of the Nigerian Economic Society (NES) in Abuja. He stressed the need for African
Drugs
The Trump administration has signed an executive order aiming to cut down drug prices, sending letters to major pharmaceutical companies, including AbbVie, Amgen, and Pfizer, to comply. However, experts emphasize that the administration's ability to lower costs is limited, and the effort is essentially price control. The executive
Tariffs
A divided US Appeals Court has ruled that most of Donald Trump's tariffs are illegal, dealing a significant blow to the president's economic policy. The decision comes as a legal fight over the independence of the Federal Reserve also heads to the Supreme Court, setting up
Tariffs
A US appeals court has struck down most of President Donald Trump's tariffs, dealing a significant blow to his economic policy and setting up an unprecedented showdown with the Supreme Court. The court allowed the tariffs to remain in place until October 14 to give the Trump administration
Tariffs
The US Appeals Court for the Federal Circuit has ruled that most of President Donald Trump's tariffs are illegal, a significant setback for one of his key economic policy tools. Despite the ruling, the tariffs will remain in effect until October 14, allowing the administration to appeal the
Tariffs
President Trump's global tariffs, which were poised to have a huge impact on the global economy, have been ruled to have been implemented illegally. A federal court's decision has sparked a mix of reactions from investors, with some experts warning of significant changes in the stock
Tariffs
As the global trade wars escalated, voters and financial markets reacted with widespread concern about President Donald Trump's tariff policy. However, the financial markets have since stabilized, with the Dow Jones Industrial Average reaching near-record highs, while mainstream voters remain skeptical about the tariffs' impact. A recent
Commodity futures
The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week following the United States Federal Reserve chair Jerome Powell's signal of a possible interest rate cut in September. Powell's statement at the Jackson Hole Economic Policy Symposium hinted at a rate
Economic growth
The Netherlands Bureau for Economic Policy Analysis (CPB) has revised down its economic growth forecasts for the coming years, citing mounting global uncertainty and the effects of U.S. trade policies. The CPB projects that the Dutch economy will grow by 1.7 percent in 2025 and 1.3 percent
Economic growth
Pakistan's economic future is at stake as it struggles to manage its debt burden, which has reached Rs7.2 trillion annually. The Economic Policy and Business Development (EPBD) think tank has urged the government to revise its approach, redirecting borrowed funds from unproductive consumption to growth-generating investments. The
Economic growth
A new study published by King Abdulaziz University has shed light on the intricate relationships between economic growth, renewable energy consumption, urbanization, and environmental quality. The research, which spanned 25 years across 12 countries, aimed to investigate the factors driving environmental degradation and identify strategies for sustainable progress. The findings
