M/East conflict: IEA to release 400m barrels of oil amid market disruptions
Orisemeke Benjamin The 32 member countries of the International Energy Agency Tuesday unanimously agreed to make 400 million barrels of oil from...
World Economy
Is the war already shifting toward an exit strategy?
Behind the scenes, high-level discussions appear to be moving away from the original, sweeping objective of toppling Iran’s Islamic Republic. ...
Services are transforming least developed economies – but jobs, productivity lag behind
The Least Developed Countries Report 2025, released by UN Trade and Development (UNCTAD) ebruary, finds that services are expanding rapidly...
Ukraine recovery and reconstruction to gulp $588bn in 10 years
Orisemeke Benjamin The total cost of reconstruction and recovery in Ukraine is almost $588 billion (over €500bn) over the next decade,...
Global FDIs up 14% in 2025 – UNCTAD
Orisemeke Benjamin Global foreign direct investment (FDI) rose 14% in 2025 to $1.6 trillion, a preliminary report by the UN...
‘Frontier Market’ economies haven’t lived up to potential since 2010 – W/Bank
‘Investment growth has halved, more than in other low-and middle-income economies’ Omeiza Bilal “Frontier market” economies have largely failed to...
Global economy shakes off tariff shock amid tech-driven boom
Tobias Adrian, Pierre-Olivier Gourinchas Global economic growth continues to show notable resilience despite significant US-led trade disruptions and heightened uncertainty....
Oil prices decline on supply concerns
Agency Report Oil prices declined in the global commodity market Monday as supply concerns generated by the U.S. plan to...
Global economy shows resilience amid historic trade, policy uncertainty – W/Bank
…Says one in four developing economies remains poorer than it was in 2019 Orisemeke Benjamin The global economy is proving...
GEF approves $372m to tackle global environmental challenges
The Global Environment Facility (GEF) has announced the approval of more than $372 million in new funding to implement 36...
