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…
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…
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…
