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Brazil is advancing a bill allowing up to 50% salary payment in Bitcoin to bolster its fintech sector, while South Korea’s central bank rejects Bitcoin for its foreign reserves due …
Brazil and South Korea’s Divergent Approaches to Bitcoin Regulation Read More
In February 2025, Nigeria’s inflation rate decreased to 23.18%, down from 24.48% in January, attributed to stable fuel prices and a rebase of the Consumer Price Index. Analysts predict inflation …
Nigeria’s Inflation Sees First Decline in 2025 Amid Stable Fuel Prices Read More
Nigeria’s inflation rose to 23.1% in February 2025, driven by transport costs and consumer spending. Food inflation is also high, reaching 23.51%. Analysts anticipate further interest rate discussions, while the …
Nigeria’s Inflation Rises to 23.1% Amid Economic Adjustments in 2025 Read More
Guyana’s President Irfaan Ali announced a $200,000 one-off cash grant to householders, amidst significant economic growth from the oil sector. This initiative offers immediate financial relief, yet raises concerns regarding …
Guyana’s $200,000 One-Off Cash Grant: A Step Forward, but More is Needed Read More
In March, the Brazilian real strengthened past 5.7 per USD, reaching a peak since November 2024, driven by fiscal discipline, high interest rates, and external factors such as a weaker …
Brazilian Real Reaches Highest Value Since November 2024 Read More
Moody’s Rating has indicated expected losses for Ethiopia’s private creditors due to the ongoing debt restructuring under the G-20 Common Framework. Despite progress with the IMF’s support, direct agreements with …
Moody’s Anticipates Losses for Ethiopia’s Private Creditors Amid Debt Restructuring Read More
Coffee prices are rising due to dryness in Brazil and a strong Brazilian real; projections indicate increased global production but also significant deficits in arabica coffee. Current coffee prices are …
Rising Coffee Prices Driven by Brazilian Conditions and Currency Strength Read More
Argentina reported a primary fiscal surplus of 1.177 trillion pesos in February, ensuring its commitment to a zero deficit under President Javier Milei. This achievement marks the 13th surplus in …
Argentina Achieves Another Fiscal Surplus, Affirms Commitment to Fiscal Order Read More
The IMF reports severe depression in the Lebanese economy, exacerbated by the recent war and ongoing poverty and unemployment. Despite recent policy actions stabilizing some economic factors, significant challenges remain. …
Severe Economic Depression in Lebanon: Insights from the IMF Report Read More
Nigeria’s inflation rate fell to 23.2% in February 2025 from 24.1% in January. This is attributed to the first revision of the consumer price index in 16 years, changing the …
Nigeria’s Inflation Rate Declines to 23.2% in February 2025 Read More