Economy

Ghana is at a pivotal moment in its economic journey, with newly elected President John Dramani Mahama poised to take the reins during one of the nation’s most challenging periods. Following a decisive electoral victory on December 7, where he secured 56.55% of the votes, Mahama steps back into leadership with a renewed focus on

As we move further into the 21st century, the specter of trade wars looms ominously over global economic landscapes. Analysts at UBS have offered a detailed examination of the potential trajectory of a new trade conflict that could materialize as early as 2025. Their analysis categorizes this unfolding scenario into three distinct phases: the “tweet

In a significant move that promises to reshape the mobile game distribution landscape, Spanish telecommunications giant Telefonica and gaming behemoth Epic Games are joining forces. The collaboration will see the launch of the Epic Games Store marketplace app, which will be pre-installed on a variety of new Android devices within the Telefonica network. This initiative

As the year draws to a close, the world of finance and market trading is poised for significant action. With central bank meetings scheduled in major economies and geopolitical tensions coming to a head, investors should brace themselves for possible volatility in the coming weeks. This analysis will disentangle the complex threads influencing the landscape

Recent legal discussions in the United States highlight an intriguing intersection of civil rights, religious freedoms, and state regulations. In a pivotal case that has drawn the attention of legal scholars and advocates alike, the U.S. Supreme Court has agreed to hear an appeal from the Catholic Charities Bureau of the Diocese of Superior, Wisconsin.

In the bustling heart of America’s financial landscape, Wall Street displayed a cautious demeanor on Thursday as investors grappled with a mix of economic indicators ahead of the Federal Reserve’s scheduled policy meeting next week. Despite a noteworthy bullish trajectory earlier in the week—where the Nasdaq breached the significant 20,000 milestone for the first time—concerns

Iberdrola, the Spanish utility giant, is reportedly planning to divest its smart metering business in the United Kingdom, aiming to capitalize on the burgeoning interest from investors in this sector. The potential sale, estimated to fetch approximately £1 billion ($1.27 billion), signals a strategic pivot as the company seeks to bolster its investment in the

European stocks experienced a minor downturn on Thursday as traders began to prepare for an anticipated interest rate cut from the European Central Bank (ECB). The pan-European STOXX 600 index recorded a 0.1% decline after opening on a positive note. As investor sentiment remained cautious, sectors reacted differently, with retail stocks underperforming while automakers showed

In the latest financial disclosures from the U.S. Treasury Department, a staggering budget deficit of $367 billion for November 2023 has been unveiled, marking a striking 17% increase from the previous year. This uptick is attributed to calendar adjustments affecting benefit payments, which inflated the expenditure figures by approximately $80 billion. It is crucial to

In a significant move reflecting changing economic conditions, the Bank of Canada has implemented a substantial reduction in the key policy interest rate, lowering it by 50 basis points to 3.25%. This decision, made against the backdrop of a continually shifting economic landscape, highlights the central bank’s recognition of various pressures that impact growth and

The financial landscape is currently abuzz with speculation as major brokerages, including the likes of Morgan Stanley and Goldman Sachs, express strong expectations for a quarter-point interest rate cut by the U.S. Federal Reserve during its upcoming meeting in December. This forecast comes at a critical juncture as investors and economists alike await essential consumer

As traders navigate the intricate web of global finance, the U.S. dollar has made notable headway in the currency market, reaching its peak against the Japanese yen for this month. This volatility is primarily driven by anticipations surrounding forthcoming U.S. inflation reports, which are set to unveil critical insights that could sway Federal Reserve policies