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Fed Acknowledges Stagflation Risks: Devere Warns Investors Must Act Swiftly
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The Federal Reserve has finally voiced what was previously unspoken: stagflation is not merely a remote possibility but a distinct and immediate concern. For several months, officials have skirted the issue. But now, they’ve shed their reservations. Here is Nigel Green, the CEO of leading financial advisory firm, presenting his analysis. deVere Group following…
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Why Africa Should Unite Economically Against Us Tariffs, Not Retaliate Fragmentedly
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By Ephraim Ofori NUMOSUOR In an kurun marked by geopolitical maneuvers driven by economics and strategic partnerships, Africa must not stay as a collection of disconnected markets. The recently implemented tariffs imposed by the United States on numerous imports, which include goods from Africa, have prompted distinct reactions from different countries across the continent.…
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Uk Inflation Spike: See How Fast Prices Are Soaring!
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains above the Bank of England’s targeted figure. The Bank of England adjusts interest rates to aim for an inflation rate of 2%, and in 2025, it reduced them twice, bringing…
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Imf’S Favor To Pakistan Sparks Controversy: Congress Mp Manish Tewari Weighs In
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New Delhi [ India ], May 10 (ANI): Congress MP Manish Tewari criticized the International Monetary Fund for approving a $1 billion loan Pakistan , describing it as “highly regrettable,” and stated that the “empathy” towards the IMF towards Pakistan is clearly “unwarranted.” “It is terribly regrettable because the funds that go to Pakistan…
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Economists Urge Africa: Seal Financial Leaks To Fund Healthcare
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Several economists and policymakers spanning the African continent have raised concerns about significant financial waste hindering the advancement of healthcare in Africa. They emphasized the critical necessity of addressing fiscal leaks, reducing waste within the public sector, and implementing daring and inventive measures for funding healthcare advancements across the continent. Their appeals coincide with…
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Uk Inflation Rate: See How Fast Prices Are Soaring
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains higher than what the Bank of England aims for. The Bank of England adjusts interest rates to aim for a 2% inflation sasaran, and in 2025, it reduced them twice,…
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EAC Central Bankers Forecast Regional Economy to Expand by 5.8% in International Edition (English)
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Addis Ababa, May 10, 2025 (ENA) — The central bank governors of the East African Community (EAC) anticipate that the regional economy will manage to endure current global challenges and achieve a more robust economic expansion of 5.8% this year. Head of the EAC Monetary Affairs Committee G The Governor of the Central Bank…
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UK Inflation Rate: See How Fast Prices Are Soaring
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains higher than what the Bank of England aims for. The Bank of England adjusts interest rates to aim for a 2% inflation target, and in 2025, it reduced them twice,…
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Economists Urge Africa: Seal Financial Leaks to Fund Healthcare
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Several economists and policymakers spanning the African continent have raised concerns about significant financial waste hindering the advancement of healthcare in Africa. They emphasized the critical necessity of addressing fiscal leaks, reducing waste within the public sector, and implementing daring and inventive measures for funding healthcare advancements across the continent. Their appeals coincide with…
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IMF Approves $1 Billion for Pakistan as Reforms Take Effect
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The IMF’s Executive Board has authorized a release of $1 billion to Pakistan as part of the Extended Fund Facility (EFF). This step marks an important achievement in the nation’s endeavors to bolster economic stability. This launch comes after Pakistan successfully met key performance indicators associated with the 37-month IMF Extended Fund Facility (EFF)…