Even as global uncertainty surges, economic sentiment remains positive
Hites Ahir, Nicholas Bloom, Davide Furceri Major policy shifts this year have been adding to unknowns about the future and...
World Economy
Commodity prices to hit six-year low in 2026 as oil glut expands
…Inflationary pressures ease, but geopolitical tensions cloud outlook Orisemeke Benjamin Global commodity prices are projected to fall to their lowest...
Global trade expands $500bn in H1 2025 – Report
Orisemeke Benjamin Global trade expanded by about $500 billion in the first half of 2025, despite volatility, policy shifts and...
Trump imposes 100% tariff on foreign films
In a move that has sent shockwaves throughout the global entertainment industry, U.S. President Donald Trump on Monday announced plans...
Oil prices fall as markets look up Iraq for supply boost
Agency Report Oil prices declined yesterday as markets anticipate supply boost from Iraq export coming into the global commodity market....
Europe champions fighting climate change but misses emissions deadline
European Union countries' climate ministers confirmed on Thursday that the bloc will miss a global deadline to set new emissions-cutting...
Commodity dependence runs deep. Developing countries must add value to turn the tide
The world still has a long way to go in breaking commodity dependence, a situation where a country makes more than...
The state of commodity dependence 2025
An economy is considered “commodity-dependent” when over 60% of its merchandise exports are commodities, mainly comprising energy, mining and agricultural...
World plastic pollution treaty ends with no deal
Agency Report Countries failed to find consensus on how the world should tackle the ever-growing scourge on plastic pollution which...
Natural disasters cause $131bn damage in first half of 2025
Natural disasters such as wildfires, storms, and earthquakes had caused 131 billion dollars of damage worldwide in the first half...
