Topic
global-shocks
2 stories related to this topic, newest first.
Semaforworld8 days agoDeveloping
Report Highlights Role of Industrialization in Africa's Response to Global Shocks
A new report from the Africa Finance Corporation emphasizes using existing capital for local processing of resources to boost infrastructure. It points to recent examples like Aliko Dangote's refinery amid the Iran war's fuel price impacts. Governments in several countries are es…
Ank Kumar / Wikimedia (CC BY-SA 4.0)finance12 days agoDeveloping
Indian Rupee Hits Multiple Record Lows Amid Global Shocks Including Tariffs and Iran War
The Indian rupee has slumped to multiple record lows due to global shocks, including tariffs and the Iran war. These developments have impacted the currency's value recently. The situation reflects broader economic pressures on India.