Tag: Europe

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World Bank report: Russia’s invasion of Ukraine and cost-of-living crisis dim growth prospects in emerging Europe and Central Asia

Economic activity in the Europe and Central Asia region is likely to remain subdued this year due to the ongoing fallout from Russia’s invasion...

Rally splutters as Europe ploughs on with rate hikes

Europe's post-Credit Suisse rebound spluttered to a halt on Thursday as Switzerland and Norway, and most probably the Bank of England later, showed the...

European demand to boost LNG competition over next two years -Shell

Europe’s increased need for liquefied natural gas (LNG) will boost competition with Asia for LNG over the next two years as supply remains limited,...

Europe’s spend on energy crisis nears 800 billion euros

European countries' bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday, urging...

Euro zone factories are likely over the worst – PMI

The downturn in euro zone manufacturing activity eased again last month suggesting the worst may be over, according to a survey which showed price...

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

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

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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