2024 is the year of the rate cut pivot — here’s when the world’s central banks will budge
While rates in most economies are set to remain elevated in 2024, economists expect a mild rollback late this year,
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World Markets
Gold prices could keep climbing — but analysts expect silver to steal the show before long
"Gold will shoot up first and then you will see silver take off rapidly. And silver always outperforms," Wheaton Precious
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Chocolate is getting more and more expensive — but it’s not yet showing signs of destroying demand
Analysts believe the cost of the core ingredient to make chocolate may have room to extend its record-breaking run. Source
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As gold scales all-time highs, Wall Street analysts say it has even further to go
Citi describes gold as a "recession hedge," and increasingly see tailwinds from uncertainty around the U.S. election. Source link
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Nigeria battles to halt spiraling currency crisis and rising food insecurity
Nigeria is battling to contain a historic currency crisis and soaring inflation, with the IMF warning that almost one in
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Africa’s largest economy is battling a currency crisis and a crumbling economy
With inflation nearing 30% and its currency hitting an all-time low, Nigeria is facing one of its worst economic crises
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Russia’s Wagner Group expands into Africa’s Sahel with a new brand
Wagner Group has been replaced by a new entity known as Russia's Africa Corps across its key strongholds in the
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Shipping giant Maersk shares slide 14% after suspending share buybacks amid Red Sea disruption
Danish shipping giant Maersk on Thursday flagged "high uncertainty" in its 2024 earnings outlook as Red Sea disruptions continue to
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‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist Arthur Laffer
The world is looking at a debt crisis that will span the next 10 years and it's not going to
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