Tag Archives: Economic

Many people have been left stranded with long queues at petrol stations nationwide. Commuters in Lagos have been lining up at bus stations, but there very few buses operating.

When Janet Yellen left Beijing on Sunday after four days of talks, the US treasury secretary in effect admitted that the delegation achieved its main objective simply by sitting down with top Chinese officials.

Banks are a special type of organisation. They take deposits and lend these funds to borrowers over long periods. It is pretty remarkable when you think about it. Banks make loans over many years, but you and I can withdraw the savings that banks use to fund the loans instantly.

Europe is sweltering during a prolonged summer heatwave. But the attention of political leaders is increasingly focused on the coming winter. As a succession of recent warnings from the International Energy Agency (IEA) and elsewhere has underlined, an energy crisis to rival the oil price shock in the 1970s could hit when the weather turns cold.

Prices in the US rose faster than expected last month, as rising energy and food costs pushed inflation to the highest rate since 1981.

African countries are innocent victims of the war in Ukraine and Russia should help ease their suffering, the head of the African Union has told Vladimir Putin at a meeting in Sochi.

Amazon has defeated activists hoping to establish the company's first unionised warehouse in the US.

In a statement, Amazon apologised ‘unconditionally to anyone who felt hurt’ after its political drama Tandav allegedly offended Hindu viewers.

Airlines Ryanair and Wizz Air are to take away the voting rights of UK shareholders in order to protect their status as majority EU-owned companies.

Economic collapse, COVID and a port explosion tested Styro 3D this year, but its path out of crises could signal a broader transformation is finally afoot.