Tag: economy

Ghana Keeps Interest Rates at 14% to Fight Rising Inflation

Africa Rakshithan Mahendran -
Pragmatic stabilisation in the main West African economy. The geopolitical and macroeconomic landscape across Commonwealth African countries remains fluid as...

The Cup That Connects a Kingdom: Why Tea Still Matters Deeply in Bahrain

Mena Asanga Divulweva -
As the world marks International Tea Day, tea is an integral part of life in Bahrain – more than...

IMF cuts 2026 growth forecasts as Africa confronts market volatility

Africa Rakshithan Mahendran -
We are now in the second quarter of 2026, and the world economy is facing an uncertain future. Now...

From Seven to Ten Flights: How Sri Lankan Airlines Is Quietly Building a High-Speed Aviation Bridge Between Colombo and Melbourne

Aviation Asanga Divulweva -
A new air travel bridge between South Asia and Australia is rapidly changing the travel landscape between these two...

Nigeria’s Economy 2026: New Taxes and Stock Market Records

Africa Rakshithan Mahendran -
Nigeria's financial situation is changing in April 2026. The people in charge of Nigeria's economy want to make it...

Strait of Hormuz closure: impact on Kenya’s economy & political stability

Logistics Roshan Abayasekara -
Imagine two enemies in the same room. 1 holds the only key to the room. For weeks, the other...
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UK Economy Beats Expectations Before Middle East Conflict Clouds Outlook

Europe Sharya Christiana -
Just before the economic effects of the war in the Middle East started to hit the markets globally, the...

The UK’s economy forecasts slower growth with increased unemployment

Europe Roshan Abayasekara -
Chancellor of the Exchequer Rachel Reeves asserts that Labour has ‘restored economic stability’. This is despite downgraded growth forecasts...

How Could the Middle East War Affect South Africa’s Economy?

Africa Senuri Vithanage -
The growing conflict between the United States, Israel and Iran is causing concern in global energy markets and could...

India’s Economy in 2026: Strong Domestic Demand to Power Growth Despite Global Uncertainty

Business & Trade Roshan Abayasekara -
2026 will be the year of resilience for India. This is expected to be mainly in domestic demand. In...

How a Jehovah’s Witness Convention Injected Over NZ $20 Million Into Auckland’s Economy in 2026

Pacific Sharya Christiana -
Hosting their annual regional conventions once a year, Jehovah’s Witnesses held their 2026 convention in Auckland, New Zealand, from...

Is the Bank of England’s December Rate Cut a Warning Sign for the UK Economy?

Europe Roshan Abayasekara -
As Economists predicted, the Bank of England (BoE) cut interest rates in December due to a weak economic performance.   The...

Canada’s Job Market Surges: Is the Drop to 6.5% Unemployment a Turning Point?

Canada and Caribbean Roshan Abayasekara -
Canada’s unemployment rate declined to a mere 6.5% during the last month of November as the added 54,000 new...

PM Starmer Celebrates Small Businesses at Annual Downing Street Switch-On

Europe Sridee Senarathna -
Prime Minister Keir Starmer marked the annual lights switch-on by hosting a Christmas market-style showcase at Downing Street celebrating...

From Waste to Wings: How India’s Aviation Boom Could Spark a Sustainable Fuel Revolution

Aviation Asanga Divulweva -
India's skies are warming fast due to rising passenger numbers and the fuel they burn. Minister of Civil Aviation...

Wings, Wonders, and Wealth: Jordan’s 2025 Tourism Boom Unfolds

Mena Asanga Divulweva -
AMMAN — Jordan’s tourism sector took off in 2025, as visitor numbers, new air connections, and a hotel construction...