Global economy: China anchor of stability
Amid numerous challenges faced by the global economy, China, as the world’s second-largest economy, continues to serve as an “anchor of stability” and “source of momentum” for global economic development,…
How a hedge fund exodus reshaped global cocoa markets?
Behind a record surge in cocoa prices this year, a corner of financial markets that drives the cost of chocolate underwent a seismic shift: the hedge funds that oiled its…
After decades, China sputters as engine of global oil demand growth
China’s crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the world’s top crude buyer, ending the country’s…
Euro’s bruising leaves global investors on edge
As the euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could be the next source of global market volatility after…
Climate finance for the Global South
Going into COP29 where the focus should be on promoting climate-linked development finance initiatives in the Global South, collective action is crucial to attract funding for the intertwined objectives of…
‘Global boiling’
THIS year’s Haj turned tragic as over 1,300 pilgrims succumbed to soaring temperatures, which reached a blistering 51.8 degrees Celsius. This calamity marks a new chapter in the saga of…
Global oil demand needs to rise faster to absorb OPEC+ hike
Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October,…
Year of global shockwaves
We’re only halfway through the year, and already 2024 has produced more high-voltage political shockwaves than any other in recent memory. This way, there’s no telling where the world will…
Global oil markets weaken as sluggish demand leaves overhang
Global physical crude oil markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move that could spell further weakness for benchmark…
Very critical 2020s: existential threats and global economy
‘The 2020s are almost halfway over and are on course to be the most difficult decade for the global economy since the 1930s. Every finance minister and central bank governor…
