Hormuz disruption deepens global economic strain across trade, prices and finance
The Strait of Hormuz remains virtually closed, with effects spreading through the global economy within weeks by disrupting energy flows,...
World Economy
Public spending in developing countries shrinks on rising debt cost – UNCTAD
The rising cost of debt is squeezing public spending in three quarter of developing countries, the UN Trade and Development...
Middle East: W/Bank says supply risks, costs mounting as conflict rages
Orisemeke Benjamin The World Bank has said the conflict in the Middle East is affecting shipping route as costs is...
Nigeria’s financial reforms strengthen investor’s confidence – Cardoso
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that Nigeria’s recent monetary and financial Sector reforms have built a stronger...
Smarter water use can create nearly 250 million jobs, feed 10bn people globally – W/Bank
Orisemeke Benjamin Rebalancing water use across the global food system will be crucial in meeting future food demand sustainably as...
Brent inches past $100 over fresh oil tankers attack
Agency Report Oil prices surged on Thursday, with Brent crude inching past $100 a barrel following reports of an attack...
Hormuz shipping disruptions raise risks for energy, fertilizers, vulnerable economies – UNCTAD
Orisemeke benjamin UN Trade and Development (UNCTAD) have said the Strait of Hormuz disruptions are taking its toll on the...
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...
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...
