No plans to ban Facebook’s Libra – ECB’s Coeure says
Global financial regulators have no plan to ban Facebook’s Libra or other stablecoins, but these digital tokens backed by official currencies will have to meet the highest regulatory standards, European…
EU Parliament gives a nod to pave way for Lagarde to become next ECB president
Christine Lagarde The nod from EU lawmakers paves the way for Lagarde to take up the post with the European Central Bank in November. Once formally confirmed, she will…
Global stocks dipped as new U.S-China tariffs sour global outlook
Global stocks Global stocks dipped on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no…
Emerging central banks accelerated interest rate cuts in June
Emerging market central banks accelerated interest rate cuts in June, with policymakers rushing to trim benchmarks as major central banks including the U.S. Federal Reserve and the European Central Bank…
2019: Nigeria, South Africa, Others to Experience Low Economic Growth Rate- PwC
As Nigeria and South Africa are expected to hold Elections in February and May respectively, PricewaterCoopers predicts low economic growth rate in these economies. According to the report…