chief economist
Disaster Costs Nearly Double To $175bn In 2016
Devastating earthquakes, floods, hailstorms and wildfires, along with man-made devastation, helped push global disaster...
US Existing Home Sales Slow In February
Amid rising prices and slim inventory, sales of existing homes slowed in February, cooling from January's record pace...
Nigeria Remains ‘critical’ Market In Africa Despite Recession
Investors have expressed confidence in the resurgence of Nigeria’s struggling economy, describing it as ‘very...
Japan’s February Trade Surplus Hits Multi-Year High
Japan's trade surplus hit a multi-year high in February, government data showed Wednesday, as exports to China...
At the Fed, Spring Comes Early With Return To New ‘normal’
U. S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation is nearing the...
Stocks Rise As U.S. Jobs Data Points To Rate Hike; Crude Slips
Crude oil resumed a sharp decline and global equity markets rose on Friday after a robust U. S. jobs report drove home...
US Private Jobs See Biggest Surge In Six Years
US private-sector hiring surged in February, posting the biggest increase in nearly six years and far outstripping...
Tight Market Governs Housing Recovery, Analysts Say
The US housing market, a key economic driver, is exceedingly tight, with supply struggling to meet demand as the sector...
U.S. Pending Home Sales Fall To Lowest Level In A Year
"Most notably in the West, it's not uncommon to see a home come off the market within a month," Yun Contracts to buy...
Federal Reserve May Raise US Rates ‘fairly Soon’
Federal Reserve officials have said they may need to raise interest rates "fairly soon" if the economy stays strong,...
US Existing Home Sales March Higher In January
US sales of existing homes rose again in January to hit their fastest pace in nearly a decade despite rising prices and...
Famine Declared In Parts of South Sudan
A famine has been declared in parts of South Sudan, the first to be announced in any part of the world in six years....
Famine Declared In Parts of South Sudan
A famine has been declared in parts of South Sudan, the first to be announced in any part of the world in six years....
South Sudan Declares Famine In Unity State
A famine has been declared in parts of South Sudan, the first to be announced in any part of the world in six years....
South Sudan Warns of Hundreds of Thousands Facing Famine
A famine has been declared in parts of South Sudan, the first to be announced in any part of the world in six years....
New US Home Construction Slows In January
Construction begun on new housing fell slightly in January, driven by sharp declines in building in the US West and...
African Cities Can Soar Economic Growth
The World Bank Group (WBG) say African governments have to prioritise strengthening of land management institutions,...
U.S. Economy Adds A Strong 227,000 Jobs In January
America added 227,000 jobs in January, well ahead of December's gain of 157,000 jobs. The unemployment rate ticked up a...
World Bank Warns DR Congo Is Facing Enduring Economic Crisis
DR Congo is experiencing an economic crisis, the World Bank (WB) has warned in its 4th report on the monitoring of the...