Tag: China

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China fiscal deficit balloons to nearly $1 trillion as economy cools

Business

The Business Files Reporter - October 26, 2022

China's fiscal deficit ballooned to an all-time high of nearly $1 trillion in the first nine months of the year, analysis of government data...

Oil prices fall on fears of economic slowdown

Energy

The Business Files Reporter - October 18, 2022

Oil prices edged lower on Tuesday on fears of an economic slowdown and lower fuel demand from China as it persists with its stringent...

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IMF predicts global public debt will be at 93% of GDP by end of 2024

The Business Files Reporter - October 21, 2024

World Bank’s Banga says more bilateral debt forgiveness needed

Africa October 18, 2024 0

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Business June 12, 2024 0

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Energy April 24, 2024 0

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa April 24, 2024 0

Africa's immense economic potential is being undermined by non-transparent...

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