The World Bank and the IMF need to keep reforming to become fit for purpose
Oct 17, 2023 06:48 am UTC| Economy
The World Bank and the International Monetary Fund are being challenged to make substantial reforms so that they become fit for purpose in the 21st century. Some suggest that they cannot be sufficiently reformed and...
The hidden risks of buy now, pay later: What shoppers need to know
Oct 16, 2023 09:11 am UTC| Business Economy
Buy now, pay later is a relatively new form of financial technology that allows consumers to purchase an item immediately and repay the balance at a later time in instalments. Unlike applying for a credit card, buy now,...
The human factor: why Australia's net zero transition risks failing unless it is fair
Oct 16, 2023 09:09 am UTC| Economy
This article is part of a series by The Conversation, Getting to Zero, examining Australias energy transition. For those people focused on meeting the profound challenge of shifting our economies from fossil fuels to...
Ferrari Begins Accepting Cryptocurrency Payments in the US, Eyes Global Expansion
Oct 16, 2023 06:58 am UTC| Business Digital Currency Investing Economy
Ferrari, the renowned Italian sports car manufacturer, has taken a pivotal step by allowing U.S. customers to purchase its luxury vehicles using cryptocurrency. The decision to accommodate a new generation of digital...
Nigeria wants to revamp its railway network. Four things it needs to do to succeed
Oct 16, 2023 06:46 am UTC| Economy
Nigerias railway network serves only a small portion of the country. The country is 923,770km, with a railway network of 3,505km colonial narrow gauge and 669km modern standard gauge. Egypt, not that much larger than...
Estonia-Finland pipeline explosion: what's the evidence that the damage was deliberate?
Oct 16, 2023 06:42 am UTC| Economy
Finlands president, Sauli Niinist, has alluded to outside activity and said sabotage is likely to be the cause of damage to an important gas pipeline that links it to Estonia. The pipeline suffered a leak in Finnish...
Western sanctions haven't curbed Russian oil profits, but the green energy transition could
Oct 16, 2023 06:37 am UTC| Insights & Views Economy
Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The idea was to curtail the amount Russia makes...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight