Friday, September 21, 2018
LONDON - World shares fell and were set to end the week in the red on Friday while the dollar climbed to a seven-month high, as investors braced for a list of Chinese goods targeted in a first round of announced tariffs by the United States. The MSCI All Country World index,...
By Ruth Stewart Rigorous, reliable evidence should be used when making decisions for any society. That’s because the use of evidence helps decision makers to maximise limited resources such as money and expertise. It’s also a way to avoid harm and to select the courses of action that have been...
The latest G-7 summit, held June 8 to 9 in Quebec, was one of the most contentious in years. That’s because Donald Trump and his counterparts from six other industrialized countries have been at loggerheads over the president’s aggressive but unstable trade policy. Trump’s renunciation of the Iran nuclear deal,...
By Sarah Logan Member countries of the East African Community are preparing to simultaneously table the 2018-2019 Budgets in their respective parliaments. In Uganda, finance minister Matia Kasaija will present a 30.9 trillion Uganda shilling (USD$8 billion) budget. Sarah Logan examines the economic context of Uganda’s annual budget and the...
Frank Holmes Ready for inflation? Just days after Treasury Secretary Steven Mnuchin reassured markets that a trade war between the U.S. and China was “on hold,” the Trump administration announced that it would be moving forward with plans to impose 25 percent tariffs on as much as $50 billion worth of...
  The advice to use your head, not your heart, might not be helpful after all. We all make tough decisions, but choices relating to money send many of us running in the other direction. Unfortunately, ample evidence indicates that aversion toward financial decisions leads many of us to put off...
By Bruno Pellegrino Economist Bruno Pellegrino, who has previously written on Italy’s economy, explains what’s going on and why it matters. 1. What’s driving the political chaos? The March 4 election dramatically tilted the balance of power in the country. It was a true political earthquake: The Italian electorate resoundingly rejected the political establishment that...
Clive Mphambela Adam Smith, the celebrated economist and philosopher once said: “It is not from the benevolence of the butcher, the brewer or the baker, that we expect our dinner, but from their regard to their own interest”. Free markets have been proven to work best, especially when governments lets them...
By Carin Runciman South Africa’s parliament is currently debating amendments to the Labour Relations Act that will change how workers can go on strike. For example, the amendments would require trade unions to hold secret ballots to decide on strike action and introduce a mechanism where strikes could be resolved through...
The following interview with President Emmerson Mnangagwa was done by The Africa Report journalists Patrick Smith and Nicholas Norbrook in Abidjan recently when the President attended the Africa CEOs forum. The magazine reports: For the first time, President Emmerson Mnangagwa and his economic team took part in a roundtable interview...