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European Central Bank chief economist says tightening cycle ‘done’
  • World News

European Central Bank chief economist says tightening cycle ‘done’

eriinfo.com2 days ago03 mins

The European Central Bank’s latest period of monetary policy interventions is “done,” the institution’s chief economist Philip Lane told CNBC on Tuesday. “We do think the last cycle is done, bringing inflation down from the peak of 10[%], back to 2%, that element is over, but on a forward-looking basis we do need to stand…

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Africa: Central Africa Faces Slowing Growth, Budget Strain, and Rising Risk
  • Africa

Africa: Central Africa Faces Slowing Growth, Budget Strain, and Rising Risk

eriinfo.com1 week ago04 mins

TLDR The Central African Economic and Monetary Community (CEMAC) saw GDP grow by 3% in 2024, led by Cameroon and Chad But growth is expected to slow to 2.4% in 2025 due to declining oil prices and weaker global trade The World Bank warns that without reforms in governance, tax systems, education, and competitiveness, CEMAC…

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Record-setting heat wave headed to central, Midwest and eastern U.S.
  • World News

Record-setting heat wave headed to central, Midwest and eastern U.S.

eriinfo.com2 weeks ago04 mins

The first day of summer is ushering a dangerous heat wave in several regions across the United States. A heat dome, which occurs when the atmosphere traps hot air over an area, like the lid on a pot, is expected to form Friday in the central U.S. and expand to the Midwest and Northeast over…

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  • Africa: From Analyst to Architect – Prof Oramah’s 30-Year Afreximbank Legacy End
  • Four dead, 14 injured in drive-by shooting outside Chicago nightclub
  • Honor unveils the world’s thinnest foldable, the Magic V5
  • Africa: Tackling Malaria Transmission in Sub-Saharan Africa!
  • Africa: Human Rights Watch Oral Statement At the 59th Session UN Human Rights Council
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