The World This Week: 6th March
Economic News
Nigeria’s economy on a rapid rise but so are prices
Nigeria’s economy grew 4.6% year-on-year in Q4 2024, marking its fastest expansion in a decade. According to the World Bank, the full-year growth rate reached 3.6% and is expected to continue in 2025. This is […]
Balance of Payments
China’s Export Surprise: A 7.5% Plunge in May Shakes Economic Predictions
In an unexpected economic twist, China’s exports fell by 7.5% in May, a far more significant drop than the predicted 0.4%. This is the first decline since February, raising concerns about the health of the […]
Aggregate Demand and Supply
U.S. Growth Up, Euro Zone Dips, and Global Economy ‘Limps Along’!
The International Monetary Fund (IMF) has updated its economic forecasts for the year with the U.S. growth projection raised by 0.3 percentage points to 2.1%, compared to its July update, while the euro zone’s forecast […]