The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe but after that risks will build, the International Monetary Fund said Tuesday. In the latest update to its World Economic Outlook, the IMF still predicts world growth of 3.9 percent in […]
US President Donald Trump teed up a fight with the World Trade Organization Friday, claiming the 164-country body was biased against the United States. A day after China asked the WTO to referee a rapidly escalating trade fight with Washington, Trump questioned the organization’s impartiality. “China, which is a great economic power, is considered a […]
Global markets were seeped in the red on Wednesday as investors feared that a trade war between China and the US was about to start.
The dollar slipped to a 16-month low against the Japanese yen on Monday, pressured by lingering fears of a global trade war and caution towards political developments in Tokyo. The U.S. currency traded at 104.835 yen after falling to 104.560, its weakest since November 2016. The dollar had already slumped 1.2 percent versus its Japanese […]
Former Barcelona striker, Samuel E’too, believes that South Africa has the potential to become Africa’s powerhouse, but only if they go back to basics.