Tag Archives: economics

Trump’s Tariff Strategy and Global Economic Uncertainty US President Donald Trump has announced that he will extend the deadline for imposing “reciprocal” tariffs on numerous economic partners until August 1. This decision signals a shift in his approach, as he aims to maintain pressure on trading partners while keeping the potential for a trade war alive. The extension adds another …

A New Era for Ghana’s Economy: From Deficit to Net Lending In the first quarter of 2025, Ghana achieved a significant economic milestone by recording a net lending position to the rest of the world. This accomplishment marks a turning point from years of persistent deficits and external vulnerabilities. The combined surplus of $2.2 billion in the current and capital …

The Path to Legal Reform in Ghana Improving institutional governance, such as strengthening the rule of law and regulatory quality, can significantly boost GDP growth. According to cross-country analyses, each unit increase in governance performance can lead to a 0.5 to 2.3 percentage point rise in GDP growth. Similarly, the World Bank highlights that accountable and effective justice systems are …

The Impact of Trump’s Threat on Australia’s Pharmaceutical Industry Donald Trump has raised the stakes for Australia by threatening to impose a 200% tariff on pharmaceutical exports to the United States unless significant changes are made to the country’s medicinal subsidy system. This move has created a potential financial burden for Australian consumers, especially those with chronic health conditions or …

Impact of US Tariffs on Thailand’s Export Sector The proposed 36% tariff by the United States on Thai goods is expected to significantly affect Thailand’s export competitiveness, according to economists in the banking sector. This potential tariff could have far-reaching consequences for Thailand’s trade relations and economic stability. Potential Outcomes of Trade Negotiations Kobsak Pootrakool, senior executive vice-president of Bangkok …

IMF Highlights Critical Challenges in Ghana’s Energy and Cocoa Sectors The International Monetary Fund (IMF) has emphasized the importance of addressing persistent challenges in Ghana’s energy and cocoa sectors as part of broader efforts to sustain fiscal reforms under a $3 billion bailout programme. This comes after the IMF’s Executive Board approved the fourth review of the Extended Credit Facility …

The Ever-Changing Landscape of Tariffs and Their Impact on the Powersports Industry The world of tariffs is a constantly shifting terrain, with changes happening almost hourly. This unpredictability makes it easy to understand why businesses and consumers alike are frustrated. While 2025 has become synonymous with economic uncertainty, many would have preferred a quirky TikTok trend over the word “tariff.” …

A Call for Collective Action on ESG in Nigeria British American Tobacco Nigeria has emphasized the importance of integrating environmental, social, and governance (ESG) principles into the core of Nigeria’s industrial and economic growth. The company is encouraging leaders from both the public and private sectors to collaborate in making ESG a central pillar of national development. At the Green …

Treasury Bill Rates Continue to Decline Amid Weak Demand and Inflation Moderation Treasury bill (T-Bill) rates have continued to decline in recent weeks, driven by weak investor demand and easing inflation pressures. This trend has led to persistent yield compression across the T-bill curve, with analysts expecting further downward pressure on rates in the coming weeks. In June, inflation moderated …

Renowned Statistician Joins Westlake University in Zhejiang, China A prominent data scientist, known for his groundbreaking work in machine learning and big data analysis, has made a significant move from the United States to Zhejiang province in eastern China. She Yiyuan, an award-winning statistician, has taken up a full-time position as a chair professor at Westlake University, marking a major …