World News Subscribe to World News

McKinsey shows Africa is the World’s Next Big Growth Market

November 20, 2018/McKinsey & Company A new book by McKinsey ( confirms that Africa is poised for economic acceleration, akin to the Asian boom. While other geographies are seeing incremental… Read more »

When History Rhymes

November 5, 2018 By Christine Lagarde Mark Twain once said that “History never repeats itself, but it does often rhyme.” As heads of state gather in Paris this week to… Read more »

IMF Approves $5.7 Billion Facility for Argentina

October 26, 2018/IMF The Executive Board of the International Monetary Fund (IMF) completed today the first review of Argentina’s economic performance under the 36-month Stand-By Arrangement (SBA) that was approved… Read more »

International Energy Agency Says 14% of the Global Population Lack Access to Electricity

24/10/2018/APO Speaking at the World Bank meeting in Bali this month Jim Yong Kim, the World Bank President, said that African leaders have approached him and said that they need… Read more »

The Wealth of Nations: Governments Can Better Manage What They Own and Owe

October 10/2018/IMF By Vitor Gaspar, Jason Harris, and Alexander Tieman What is the state of your personal finances? You probably think first about your debts: your mortgage, your credit card… Read more »

A Decade After the Global Financial Crisis: Are We Safer?

October 2018/IMF EXECUTIVE SUMMARY In the 10 years since the global financial crisis, regulatory frameworks have been enhanced and the banking system has become stronger, but new vulnerabilities have emerged,… Read more »

IMF: World Economic Outlook, October 2018 – Challenges To Steady Growth

October 9, 2018/IMF The steady expansion under way since mid-2016 continues, with global growth for 2018–19 projected to remain at its 2017 level. At the same time, however, the expansion… Read more »

World Bank Cuts Nigeria, Others’ Growth Forecast to 2.7%

October 4, 2018/Punch Feyisayo Popoola with agency report The World Bank has cut its economic growth forecast for Nigeria and other sub-Saharan Africa countries for this year to 2.7 per… Read more »