Tag: Economics
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Prof. Asuming credits Mahama administration with restoring national optimism
Ghana’s renewed optimism: Prof. Patrick Asuming’s upbeat assessment In a recent assessment, renowned economist and Senior Lecturer at the University of Ghana Business School, Prof. Patrick Asuming, offered a high-mark validation of President John Dramani Mahama’s first year in office. He argued that the administration has successfully reinvigorated national optimism and set the stage for…
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South Africa’s Trade Deficit with BRICS Partners Widens, Raising Questions About bloc’s Future
Intro: A Growing Imbalance Within BRICS New research highlights a sharp expansion in South Africa’s trade deficit with its BRICS partners, widening by $9.6 billion. The figure deepens concerns about how SA participates in the bloc it joined in 2010, and what the trend means for domestic industries, employment, and policy priorities. While BRICS markets…
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How the Ancients Invested in Precious Metals: Lessons from History
Introduction: A timeless need for security In the modern world, financial security often centers on diversified portfolios, inflation hedges, and savvy risk management. Yet the impulse to store value in precious metals is ancient. Dr Konstantine Panegyres of The University of Western Australia notes that civilizations across time treated gold and silver not just as…
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Rapid, repeated rate rises forecast as inflation stays stubborn in Australia
Persistent inflation drives a second year of rate hikes Australian inflation has proven stubborn, and a recent survey of major economists suggests the Reserve Bank of Australia (RBA) will not be able to pause its campaign against rising prices. The consensus is clear: interest rates are likely to rise at least twice this year, with…
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AI Boom, Dollar Decline, and Sticky Inflation: Impacts
Overview: Navigating a Triple-Headwind The AI revolution is no longer a speculative trend. It has become a central driver of corporate strategy, market sentiment, and policy debate. As firms rush to embed artificial intelligence into products, operations, and decision-making, the macro environment shifts in tandem. The promise of higher productivity comes with costs and uncertainties…
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Philippines Net External Liability Narrows to $58B
Philippines’ net external liability narrows to $58 billion as external assets rise The Philippines has reported an improved net international investment position in the third quarter, with its net external liability shrinking to about $58 billion. The updated data reflect a combination of stronger external assets and a more measured pace of external liabilities, signaling…
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Household Spending Slumps as Tax Hikes Hit Confidence
Overview: a turning point for household spending Household spending has shifted from steady growth to its first contraction since the upheaval of 2020, according to recent data from Barclays. The 0.2% decline in consumer spending for 2025 marks a notable slowdown in the daily budgets of British households. The drop underscores how repeated tax increases…
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Jim Beam Halts Kentucky Production Through 2026 Amid Trade Tensions
Industry Shock: Jim Beam Halts Kentucky Production Through 2026 The iconic Jim Beam brand will pause production at its flagship Kentucky distillery for the entirety of 2026, underscoring the uphill climb facing the U.S. bourbon industry amid ongoing trade tensions. The decision, announced by Beam Suntory, the brand’s parent company, is a rare public acknowledgment…
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Bridging the Gap: North vs South Island Economic Divide Deepens, Infometrics Finds
Overview of the North-South Economic Divide New Zealand’s regional economy continues to show a split, with the North Island and the South Island following different growth trajectories despite broad improvement in most regions. A new assessment by Infometrics, a respected economic consultancy, highlights that while many areas are recording meaningful gains, the disparity between the…
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CNBC Daily Open: Tariffs Resurface as a Real Economic Lever, Not Just Politics
Tariffs Return as a Driving Economic Factor In recent weeks, investors and policymakers have found themselves pivoting from debates about AI extravagance to the tangible powers of trade policy. After a period of sharp attention on whether there is an AI bubble in the markets, tariffs have re-emerged as a decisive, real-world constraint on prices,…