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Home News Page 49

News Ninety-seven: Sliding yen: What is happening to the Japanese currency?

2022-10-28s20

At the end of the last century, Japan became the first major economy to cut interest rates to zero. During the Covid pandemic, many other nations adopted that tactic to…

News One Hundred and Eighty-four: Sri Lanka: $3bn IMF bailout for struggling economy

2023-03-22s20

Sri Lanka has secured a $3bn (£2.4bn) bailout from the International Monetary Fund (IMF) as it faces its worst economic crisis since independence. The deal has been nearly a year…

News Ninety-six: Pound rises after delay to economic plan

2022-10-27s20

The pound has risen against the dollar after the economic plan was delayed until 17 November. Sterling is currently trading at $1.16, up around 1.2% on the day. The currency…

News One Hundred and Nighty: North Sea oil and gas losing investments – report

2023-03-30s20

The energy windfall tax, political uncertainty and increased costs are pushing away investment in North Sea oil and gas, a report has warned. Industry body Offshore Energies UK estimates that…

News One Hundred and Nighty-two: Oil prices surge after surprise move to cut output

2023-04-03s20

Oil prices have surged after several of the world’s largest oil exporters announced surprise cuts in production. The price of Brent Crude oil jumped by more than $5 a barrel,…

News One Hundred and Nighty-three: A nutty solution for cleaner stoves and barbecues

2023-04-04s20

For Nathan Visser a friendly braai, the word in South Africa for barbecue, is more than a meal – it’s a social tonic. “We all got our differences and yet…

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