World Economy News
To get more capital, Africa needs more data
Poor data and small capital markets make it hard to gauge risks and returns
1 min read15 Nov 2024The new Trump Trade looks scarier than the old one
Stocks notched their biggest week of the year after Donald Trump’s victory. Now investors have their eye on the bond market.
3 min read10 Nov 2024Europe’s economy faces sink-or-swim moment as Trump returns
With the U.S. election result and the German government’s collapse, the lagging European economy is at a crossroads.
4 min read10 Nov 2024Sugar set for biggest weekly gain since January on Brazil fires
StoneX estimated that the blazes could reduce Brazil’s sugar output by 340,000 metric tons, while Czarnikow had a similar initial assessment of 365,000 tons.
1 min read2 Sep 2024Muhammed Yunus-led Bangladesh govt taps IMF, World Bank, other financial institutions for $8 billion funding
The Muhammed Yunus-led interim government in Bangladesh has shifted its focus to economic issues, tapping financial institutions such as the IMF, World Bank and ADB for up to $8 billion in funding.
2 min read30 Aug 2024Tariffs are on the table for US importers, whatever the election outcome
U.S. companies are pulling away from China as Democrats and Republicans increasingly impose duties on Beijing.
5 min read20 Aug 2024A look at the world’s best and worst affordable countries for expats in 2024. Check Top 10 & where India is on the list
Vietnam, Colombia, Indonesia, Panama, Philippines, India, Mexico, Thailand, Brazil, and China are among the top 10 countries for expats in terms of affordability, with Vietnam topping the list for the third time. Singapore broke the trend in Asia by being near the bottom for expat affordability.
2 min read9 Jul 2024‘Swiftonomics’ Explained: Why the Taylor Swift economy isn’t real
Taylor Swift’s concerts in Europe are expected to provide a temporary boost to local economies, but the long-term impact is minimal. Despite generating significant turnover for cities like Stockholm, the economic benefits are short-lived, with little overall impact on growth.
3 min read27 Jun 2024US Federal Reserve minutes show officials rally around higher-for-longer rates
Minutes from the two-day Federal Open Market Committee gathering ending May 1 showed that, while participants assessed that policy was “well positioned,” various officials mentioned a willingness to tighten policy further if warranted.
3 min read23 May 2024Mint Primer: Iran-Israel flare-up: What does it mean for India?
Tensions are flaring in West Asia again. How will India be affected during this conflict?
2 min read14 Apr 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared